- Iran has been trying to enter the SCO for years, and was close last year, but Tajikisatn objected to it.
Iran has hailed its acceptance into the Shanghai Cooperation Organization, a bloc led by China and Russia
This, for it, was an eastward turn that it sees as opening access to major world markets and a counter to Western sanctions
- The United Arab Emirates (UAE) has been elected as vice president of the Belt and Road Initiative Tax Administration Cooperation...
The UAE’s delegation participated in the Supervisory Board meeting, where the President and the Vice President of the Forum were elected
The decision to continue with the UAE was taken during meetings bringing together participants from around 57 countries around the world
- The court will be part of a new arbitration body formed by Dubai’s ruler, and have 13 members with non-renewable...
Dubai ruler Sheikh Mohammed has issued a decree that will merge two entities to create the Dubai International Arbitration Center
The DIAC, in turn, will establish a new arbitration court for Dubai, consisting of 13 members, including its president and vice-president
- Saudi Arabia and South Africa are looking to boost trade after a year of slump that saw imports from the...
South Africa imports approximately 40 percent of its oil from Saudi Arabia, according to the EIA
Far fewer goods went the other way, with Saudi Arabia importing $347.8 million from South Africa last year, down from $423.8 million in 2019
- Days after securing a $125 million Series B funding from SoftBank, the Saudi startup, Unifonic, says that it wants to...
The main criterion is to maximize the company’s profitability and the appropriate market in terms of the quality of the products we offer
Unifonic, which currently has offices in Saudi Arabia, the UAE, Jordan and Pakistan, plans to expand its customer engagement offering into new markets in the Middle East and Africa
- Saudi Arabia is confident that its new mining law will lure private investment from the kingdom as well as abroad...
In January, the Kingdom moved to capitalize on the vast wealth hidden below ground in Saudi Arabia with the establishment of a mining fund
The Saudi Industrial Development Fund is also offering 60 percent loans to investors in a bid to attract global players into the Kingdom
- A Dubai-based think-tank has said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia, and Egypt, have...
Dubai-based think-tank MAGNiTT said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia and Egypt, have attracted record breaking funding this year
Dubai SME offers funding options and support for including advisory and incubatory services to small and medium enterprises (SMEs), start-ups and established businesses





















