UAE’s Overseas Investments Soars to Estimated US$2.5 Trillion by 2024

Economy & Trade Mar 28
As of early 2024, the UAE’s overseas investments have surpassed US$2.5 trillion, solidifying its position as a leading global player in FDI.
Economy & Trade

Saudi Arabia's US$40 Billion AI Fund: Outlook and Opportunities

Mar 27

Saudi Arabia's government is planning to establish a US$40 billion fund dedicated to AI investment, signaling a strategic move to diversify its economy and solidify its position as a dominant force in the Middle East's AI landscape.

Economy & Trade

Abu Dhabi Investment Authority Offers Discounted Buyouts for Investors Exiting China PE

Mar 27

ADIA, the Emirate SWF, is strategically positioning itself to benefit from the trend of Western investors reducing their exposure to China.

Tax & Accounting

Dubai’s New Tax Regulation for the Banking Sector

Mar 22

The Dubai government has unveiled a new legislation requiring foreign banks operating within the emirate to pay a 20 percent annual tax. We discuss implications and exemptions.

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