Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
A Bahraini delegation visited Egypt’s Nasr City Public Free Zone during the Crown Prince’s official visit, highlighting bilateral economic cooperation. The tour included LEONI Egypt’s manufacturing site, with Bahrain showcasing its investment appeal as a premier regional business hub.
A Bahraini delegation visited Egypt’s Nasr City Free Zone to strengthen bilateral investment ties. The visit included a tour of LEONI Egypt’s automotive manufacturing facility and highlighted Bahrain’s competitive investment environment, reinforcing both countries’ commitment to expanding economic cooperation and fostering regional business growth.
Saudi Arabia and Syria are rapidly expanding economic ties after hosting the Saudi-Syrian Partnership and Investment Forum in Jeddah. With trade expected to hit SR2 billion in 2025 and investment agreements surging to SR24 billion, both nations are deepening cooperation in reconstruction, real estate, and key growth sectors.
Over 2,800 Chinese companies have invested more than $8 billion in Egypt, boosting sectors from automotive to textiles. High-level meetings between Egyptian and Guangdong officials highlight growing cooperation, upcoming investment forums, and projects including a $300 million car plant and a dedicated textile city, strengthening the China-Egypt strategic partnership.
The UAE and Ireland have signed an MoU to strengthen economic and technical cooperation, establishing a Joint Economic Commission. The agreement focuses on trade, investment, renewable energy, and other sectors, aiming to foster deeper bilateral ties and promote sustainable development. Non-oil trade between the nations reached $1.1 billion in 2024.
The Jordanian Businessmen Association (JBA) and the Jordanian Association for Entrepreneurship (JAE) have signed an MoU to boost economic cooperation. The agreement focuses on organizing conferences, exchanging expertise, and promoting youth entrepreneurship in emerging sectors like AI and digital transformation to support Jordan’s economic modernization vision.
Pakistan and Denmark are enhancing bilateral trade and investment with key initiatives, including the development of a green deep-water terminal and collaboration in the agricultural sector. Minister Khan’s upcoming visit to Denmark and the EU Business Forum in Islamabad further aim to strengthen ties and drive economic prosperity between the two nations.
Federal Commerce Minister Jam Kamal Khan met with OCCI Chairman Faisal Abdullah Al Rawas in Muscat to discuss enhancing trade between Pakistan and Oman. The meeting was followed by a B2B networking session to explore business opportunities. Both sides agreed to strengthen ties through the Joint Business Council and enhanced connectivity.
Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan emphasized strengthening economic cooperation in sectors like IT, agriculture, and green technology. They discussed deepening bilateral relations, supporting each other on key national issues, and reaffirming their commitment to regional peace, with a target of achieving $5 billion in bilateral trade.
Commerce Minister Piyush Goyal will visit Saudi Arabia on October 29-30 to discuss energy transition, digital transformation, and trade facilitation. His meetings aim to strengthen India-Saudi Arabia relations and explore opportunities in agriculture, energy, and technology. Goyal will also attend the Future Investment Initiative in Riyadh.