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February 27, 2025
Bharat Mart Initiative by Modi in DP World
As the twins of digitalization and globalization transform commerce, India is getting up to the challenge with Bharat Mart mission — an ambitious initiative driven by Prime Minister Narendra Modi and DP World. Through this proposal is to empower Indian companies, especially SMEs, to access global markets via a world-class digital trading platform. This article explores the…
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February 10, 2025
Dubai and Hong Kong forge Financial Services Partnership to Activate Economic Corridor
Introduction In a move that has captured the attention of global financial markets, Dubai and Hong Kong, two iconic financial hubs, have recently announced a groundbreaking partnership aimed at establishing an economic corridor that promises to reshape the financial landscape of the Middle East and Asia. This strategic collaboration is set to unlock immense opportunities…
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February 10, 2025
UAE to Welcome 9,200 Additional Hotel Rooms by Year’s End, Report Finds
UAE – In a testament to its commitment to becoming a premier global tourism destination, the United Arab Emirates (UAE) is set to add a staggering 9,200 more hotel rooms to its inventory by the end of this year, according to a recent report. This expansion underscores the UAE’s relentless pursuit of excellence in the…
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January 29, 2025
New initiatives to help revitalise trading on MSX – Oman
Muscat: The Muscat Stock Exchange (MSX) recently unveiled a series of innovative steps that would help stabilize the exchange and revitalize trading. The initiative’s significance lies in its capacity to easily provide liquidity for securities, maintain a balance between supply and demand, and limit the existence of offers to buy or sell securities without accompanying…
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January 27, 2025
Oman’s oil exports reach 128.07 million barrels by May
Muscat: The National Centre for Statistics and Information (NCSI) released preliminary figures showing that the Sultanate of Oman exported a total of 128,070,300 barrels by the end of May 2023, with an average oil barrel price of $81. You will be interested on: Oman Free Zone Company Formation Eighty percent of the 160,144,300 barrels of…
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January 24, 2025
His Majesty The Sultan issues Royal Decree establishing Khazaen Economic City – Muscat, Oman
Muscat, Oman – His Majesty Sultan Haitham bin Tarik has issued a Royal Decree establishing Khazaen Economic City and promulgating its Bylaw (articles of association). You will be interested on: Duqm Free Zone Company Formation Registration Incorporation The city will be located in the governorate of South Al Batinah, on a land area of approximately…
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January 17, 2025
Dubai Chambers Opens London Office as UK Trade Hits $8.6bn
Dubai, UAE – Dubai Chambers, the largest business chamber in the Middle East, today announced the opening of its first European representative office in London. The office will be responsible for promoting Dubai as a global business hub and facilitating trade and investment between the UAE and the UK. The opening of the London office…
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January 16, 2025
Multi-billion dollar schemes fuel UAE’s industrial evolution
The United Arab Emirates (UAE) is investing heavily in its industrial sector, with a number of multi-billion dollar schemes underway. These schemes are aimed at transforming the UAE into a global hub for manufacturing and innovation. One of the most ambitious schemes is Operation 300 billion, which aims to attract AED 300 billion (USD 81.7…
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January 16, 2025
Oman and UK Explore Means of Enhancing Investment Cooperation
Muscat, June 13, 2023 – The Minister of Commerce, Industry and Investment Promotion, HE Qais Mohammed Al Yousef, and the Minister of State for International Trade in the United Kingdom, Nigel Huddleston, met today to discuss ways to enhance investment cooperation between the two countries. The meeting, which was held via videoconference, focused on the…
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January 9, 2025
UAE Drone Fly Zone Map: Federal Regulations, Laws, and Penalties Explained in 2025
In any state of the UAE, the skeptical skyscrapers, modern culture, and majestic environment may give the tingling to fly your drone. But, are you aware of the Drone Flying Regulations? The General Civil Aviation Authority (GCAA) made some strict rules on this matter, which will (According to them) promote safety for civilians and security…
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