IMF Says Saudi Arabia’s Economy Growing Faster Than United States
The International Monetary Fund (IMF) has said that high oil prices will likely drive Saudi Arabia’s economic growth to outpace that of the United States this year. In a report published on August 17, the IMF predicted that the kingdom’s GDP will grow by 7.6% in 2022, the fastest rate of expansion in nearly a […]
Establishment Procedures For Russian Companies Investing In The UAE
With a pending Russia-UAE free trade agreement, using the Emirates as a base to reach out to the Middle East, Africa & South Asia is a growing trend. Establishing a company in the United Arab Emirates (UAE) may pave the way for a complete change of direction in your business life and professional environment. The […]
The Halal Market In China: Certification Processes
While China is not considered a major halal food manufacturing hub, halal food and drinks production has witnessed great growth in China. In this article, we introduce what is Halal, the motives for a business to get a halal certification, and the procedures to get a halal certification in China.
Iran, China, India & Russia To Form Regional Airworthiness & Maintenance Hub
Mohammad Mohammadi Bakhsh, the Head of the Civil Aviation Organization of Iran (CAO) has announced that four countries have been sending their commercial passenger planes to the Iran for repairs and maintenance and that it will form a consortium with India, China, and Russia to set necessary standards for aircraft repair services.
India-Israel Bilateral Trade and Investment Trends
Marking 30 years of full diplomatic relations in 2022, India-Israel commercial ties have further bolstered as talks around the possibility of a free trade agreement (FTA) have picked up pace. More recently, both countries have started to engage with each other outside the prism of geopolitics. Israel’s technological prowess and agricultural advancement techniques are of […]
Türkiye And Kyrgyzstan Trade Increased By 55% In H1 2022
A combination of the Belt and Road Initiative, the development of improved transport corridors and a demand rebound after covid has seen bilateral trade between Türkiye and Kyrgyzstan increase by over 55% in H1 2022.
Russia’s Tatarstan Opens Volga-Caspian Maritime Trade Route With Iran
Russia’s Tatarstan Republic is looking to increase trade with Iran via the International North-South Transportation Corridor (INSTC), said Tatarstan’s Deputy Prime Minister and Minister of Industry and Trade Korobchenko Oleg Vladimirovich.
Turkmenistan Joins Caspian Nations With The International North-South Transport Corridor
Turkmenistan plans to join the International North-South Transport Corridor (INSTC) being established by Russia, Iran and India, the Turkmen Deputy Prime Minister and Foreign Minister Rashid Meredov stated on Friday (August 19).
The Kish Island Free Trade Zone: Iran’s Popular Visa Free Middle East Tourism Hub
Iran has completed a 127-kilometer gas pipeline from its Hormozgan Province to Kish Island, turning connectivity this Monday (August 22).
Turkish Retailers Snap Up Contracts To Distribute Western Brands In Russia
One way around the Russia sanctions: get someone else to do it for you The Turkish holding FLO Retailing has received the right to sell goods under the Reebok brand in Russia, according to an August 22, mailing that the participants of the Reebok loyalty program began to receive.