Other Briefings
Chinese EV Maker XPeng Gets Ambitious About the MENA Market in 2024
XPeng announced new additional dealer partnerships in 2024, including with Ali&Sons in the UAE, RAYA Group in Egypt, T Gargour&Fils Group in Jordan, and Gargour Asia SAL Group in Lebanon.
NIO to License Technology to Middle East Start-up Forseven
Chinese new-energy vehicle manufacturer Nio has entered into a technology licensing agreement with Forseven, a subsidiary of Abu Dhabi’s CYVN Holdings L.L.C.
UAE Removed from the FATF Financial Crimes Watch List
The global financial crimes watchdog, the Financial Action Task Force (FATF), has removed the UAE from its list of countries at risk of illicit money movement, to the benefit of capital-hungry destinations like India.
UAE and Cambodia Forge New Economic Partnership
The UAE and Cambodia have cemented their economic ties with the finalization of the Comprehensive Economic Partnership Agreement (CEPA).
Qatar and Kazakhstan Sign US$25 Billion in Deals, Strengthen Relations
From February 13-14, 2024, President Kassym-Jomart Tokayev of Kazakhstan embarked on a state visit to Qatar, engaging in pivotal trade and investment discussions with Emir Sheikh Tamim bin Hamad Al Thani.
UAE and Greece Sign MoU on Digital Infrastructure Investment
UAE and Greece recently signed an MoU agreement, which sets the framework for investing in data center projects and digital infrastructure in Greece.
Dubai Announces 5-Year Multiple Entry Visas for Indians
With a proposed 2-5 day processing timeline, the 5-year multiple-entry visas will boost ease of Indians traveling to Dubai.
Indian Firms Explore Opportunities in Saudi Arabia’s Pharmaceutical Market
Indian pharmaceutical companies are actively exploring opportunities in the US$8.9 billion Saudi Arabia pharmaceutical market.
Dubai’s Tourism Sector: Outlook and Key Drivers
Dubai’s tourism sector success is driven by strategic partnerships, sustainability initiatives, and its emergence as a global hub for relocation, remote work, and leisure.
IMF Revises Expectations for Saudi Arabia’s GDP Rebound
The IMF revised its 2024 forecast for Saudi Arabia’s GDP to 2.7 percent as the kingdom intends to keep oil production on the lower side.
