Turkey to Forge Closer Ties with ASEAN and Asia
Turkey is seeking to enhance ties with ASEAN and the Asia Pacific region to potentially help revive its economy, plagued…
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Saudi crown prince unveils plan to make Riyadh one of world's 10 largest city economies
Riyadh aims to more than double its population and become one of the 10 richest cities in the world under…
Saudi, UK ministers discuss investment opportunities
Saudi Minister of Communications and Information Technology Abdullah Al-Swaha met with Gerry Grimstone, the British minister for investment, to discuss…
Saudi Arabia's futuristic city project in talks over cloud computing deal
Saudi Arabia's futuristic city project NEOM is in talks with companies to pick a lead partner for its first cloud…
Saudi aims to become ‘next Germany’ of renewable energy
Saudi Arabia wants to emulate Germany’s success with renewable energy and be a pioneer in hydrogen production, as the world’s…
Middle East M&A activity understandably slowed down during H2 2020
With the world being in the state is in in right now, especially after 12 months of uncertainty thanks to…
Top announcements from the Saudi Future Investment Initiative
The Future Investment Initiative (FII), an international platform for debate, kicked off in Saudi Arabia with a host of high-profile…
BlackRock Alternatives Specialists Wealth appoints new Head of EMEA
BlackRock has appointed West Lockhart has been appointed as EMEA Head of BlackRock Alternatives Specialists Wealth. West will be…
Oman issues a list of activities prohibited from foreign ownership under the FCIL
Further to our February 2020 client alert on Oman's new Foreign Capital Investment Law (FCIL), Ministerial Decision 209/2020 has recently…
Real estate VAT exemption in Saudi Arabia boosted 2020 market activity
Saudi Arabia’s decision to exempt real estate transactions when it increased value-added tax (VAT) last year to 15 percent helped…
Renewables to attract $11 trillion spend by 2050, says report
Renewable energy will attract $11 trillion in investment in coming decades as production costs fall, according to a report by…
Here's why 24 gram gold bars are proving popular with UAE shoppers this DSF
The 24-carat gold bar is becoming the preferred investment choice for consumers during this year’s DSF, seeing it as the…