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January 04, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
04 January 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

MIDDLE EAST EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
Shaping ASEAN-GCC Investment Dynamics in 2024
 
The global economic landscape is continuously shaped and reshaped by the dynamic interactions between various regional blocs. Among these, the Association of Southeast Asian Nations (ASEAN) and the...
 
 
 
QIA Secures 4.26% Share in Kingdee, Injecting $200M Investment
 
On December 10, Kingdee International Software Group Co., Ltd, (0268.HK) announced that Qatar Investment Authority (QIA) will make a strategic investment of around US$200 million in consideration...
 
 
 
NIO’s $2 Billion Funding by CYVN: Catalyzing New Narratives for China and the Middle East
 
On December 18, 2023, China’s Nio (NIO) revealed it received a US$2.2 billion (RMB 15.55 billion) investment from Abu Dhabi’s CYVN for 294 million new shares. With this deal, CYVN will hold a 20.1...
 
 
 
Saudi Mutual Fund Opens Doors to Chinese Investors for the First Time
 
U.S.-backed Huatai-PineBridge Fund Management Co. Ltd. has applied to establish the first mutual fund accessible to Chinese mainland investors, tracking the Saudi Arabian stock market and marking a...
 
 
 
Saudi Arabia and Indonesia Collaborate to Elevate the Assurance of Halal Products
 
Saudi Arabia and Indonesia have signed a memorandum of understanding (MoU) on Halal product assurance cooperation in addition to the mutual recognition of each other’s Halal certificates.
 
 
 
UAE Details Provisions of Recently Implemented E-Commerce Law
 
The Ministry of Economy of the UAE recently unveiled detailed provisions of its latest e-commerce legislation, Federal Decree Law No. (14) of 2023 on Commerce through Modern Means of Technology...
 
 
 

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DOING BUSINESS IN ASIA - NEW PUBLICATIONS FOR COMPLIMENTARY DOWNLOAD:

 
 
An Introduction to Doing Business in China 2024
 
 
An Introduction to Doing Business in China 2024
 
This guide familiarises investors with business landscape & explores new methods of doing business in China — to identify areas of risk and prepare...
 
 
 
 
An Introduction to Doing Business in ASEAN 2024
 
This publication introduces the fundamentals of investing in all ASEAN countries and includes a guide to corporate establishment, tax advisory, and...
 
 
 
An Introduction to Doing Business in Vietnam 2024
 
This guide provides readers with an overview of the fundamentals of investing and conducting business in Vietnam. It includes detailed information...
 
 
 
An Introduction to Doing Business in India 2024
 
This publication covers essential aspects of investing in India, including corporate establishment, investment climate, tax, audit, accounting...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Startup Bridge GCC - An Introduction to Doing Business in UAE
 
Online Program | Tuesday, January 16, 2024
 
 
 
Indonesia’s Corporate Income Tax 2024: Calculating Benefits-in-Kind, Amortization, and Depreciation of Asset
 
Webinar | Tuesday, January 16, 2024 / 3:00 PM Jakarta / 4:00 PM China / 9:00 AM CET
 
 
 
[Workshop] Making the Right Move: Smart Relocation Choices in China and Seizing ASEAN Opportunities
 
Hybrid Seminar | Wednesday, January 17, 2024 | 2:00 PM China / 1:00 PM Vietnam / 7:00 AM CEST
 
 
 
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