#UAE state news agency WAM announced today that changes to UAE company law mean foreigners can now open companies in the UAE without needing an Emirate shareholder or agent. The move is an attempt to increase foreign investment in the UAE.
https://www.reuters.com/article/idUSKBN2831OQ

#Yemen’s #Houthis claimed responsibility today for firing a missile that struck the #SaudiArabia @Aramco’s distribution station in the city of #Jeddah. Houthi spokesman, Yahya Sarea, also stated that a Quds-2 type winged missile was used in the attack.
https://www.reuters.com/article/idUSKBN283096

#Oman today tightened guidance of prices for $500 million of bonds due in 2027 and 2032 by 15 basis points each. The initial price guidance had been around 6.6% and 7.2%, respectively.
https://www.reuters.com/article/idUSD5N2FS02D

#Oman’s National Centre for Statistics & Information said the number of Indian nationals living in Oman has decreased below 500,000 for the first time as of the end of Oct. 2020. The overall expatriate workforce has declined by 17% due to the #pandemic.
https://gulfnews.com/world/gulf/oman/number-of-indians-in-oman-drops-below-500000-for-first-time-1.75449679

#Oman & #SaudiArabia have announced a joint venture between United Vision for Investment and Development and Al Maha Food Industries LLC to establish seven new factories in Oman’s Khazaen Economic City.
https://omannews.gov.om/NewsDescription/ArtMID/392/ArticleID/23731/Omani-Saudi-Joint-Venture-to-Establish-Seven-Factories-in-Khazaen

The #Saudi Finance Minister announced today that #Riyadh's plans to increase its #VAT would not be reconsidered in the short- and medium-term. He stated that the decision had been “difficult” but a necessary option to support the economy.
https://www.reuters.com/article/saudi-economy-taxation-int/saudi-arabia-will-not-reconsider-vat-increase-in-short-to-medium-term-minister-idUSKBN2820N0

Representatives from #Britain, #France, and #Germany are scheduled to meet today to discuss the future of the #JCPOA. The three nations are concerned with #Iran’s recent violations of the nuclear deal.
https://in.reuters.com/article/germany-iran-meeting-int/germany-france-and-britain-to-discuss-iran-nuclear-deal-on-monday-germany-idUSKBN28316A

On Sunday, Israeli PM @Netanyahu delivered an address warning against reengaging with #Iran. His comments were widely seen as a warning of President-elect Biden’s plan to re-engage with #Tehran and restore the 2015 #JCPOA.
https://www.timesofisrael.com/netanyahu-warns-against-reengaging-with-iran-in-apparent-message-to-biden/

The #Iraqi government plans to build 7,000 schools as part of its efforts to fill the shortage of #educational institutes in the country.
https://www.business-standard.com/article/international/iraq-to-build-7-000-schools-to-curb-shortage-of-educational-institutes-120112300271_1.html

يدعوكم #GIF لحضور ندوة بعنوان "تحالفات جديدة وخلافات متجذرة، كيف سيتعامل #بايدن مع دول #الخليج؟" الأربعاء 25 نوفمبر الواحدة ظهراً بتوقيت واشنطن.
سيدير الندوة @ZaidBenjamin5 بمشاركة @rumaihi42, @Aljaberzoon, @raltalei و @harith_hasan.

يمكنكم التسجيل هنا:
https://gulfif.org/event/biden_presidency_and_the_gulf_states/