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GCC, UK Aim to Finalize Free Trade Agreement

Free Trade Agreement (FTA) negotiations between Gulf Cooperation Council (GCC) countries and the UK are set to resume in London at the end of this month, marking the sixth round of talks. Considered crucial by GCC Secretary-General Jassem Al-Budaiwi, this round aims to remove all obstacles to finalize an FTA between the parties. Al-Budaiwi discussed the negotiations’ progress with UK’s Minister of State for International Trade Anne-Marie Trevelyan, stating that teams are working to overcome challenges and reach a consensus.

Ar riyaSaudi arabiaCity ofUnited kingdomAsharq al awsatGreg handsJassem al budaiwiTom wintleInternational trade anne marie trevelyanGulf cooperation councilStatistical centerFree trade agreementGeneral jassem al budaiwiTrade policyKingdom chief negotiator

Debaters working flat out to accomplish UK-GCC trade agreement

Debaters working flat out to accomplish UK-GCC trade agreement
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

United kingdomAr riyaSaudi arabiaTom wintleDominic johnsonGulf cooperation councilArab british economic summitTrade minister dominic johnson

AI flexibility vital to UK-GCC free trade deal: British official

AI flexibility vital to UK-GCC free trade deal: British official
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

Ar riyaSaudi arabiaVernham deanUnited kingdomAl manamahWest bankCity ofIsrael generalTom wintleOliver christianAli redaAbu dhabiBandar ali redaAhmed aboul gheitMohamed al khadar ahmedRebecca mclaughlin

Oman s SWF says total assets reach $46 61 bln in 2022

Total assets at Oman’s sovereign wealth fund, the Oman Investment Authority, reached 17.9 billion rials ($46.6 billion) in 2022, the fund said in its annual report on Wednesday. The OIA said its return on investment last year was 8.8%, and it added that it has contributed more than 5 billion riyals to the finance ministry in dividends to support the general budget. Among its major assets, the OIA wholly owns Oman’s main energy holding company OQ, created to centralize the state’s oil and gas investments, Reuters reported.

Ar riyaSaudi arabiaUnited kingdomCity ofTom wintleManahi al marzouqiKemi badenochAsharq al awsatDominic johnsonGulf cooperation council free trade agreementUnited kingdom chief negotiatorChief negotiatorKingdom governmentTrade secretary kemi badenochInvestment lord dominic johnson

Abu Dhabi s ADQ, IHC Propose Wrapping Real Estate, Events Stakes into Q Holding

Abu Dhabi sovereign wealth fund ADQ and a unit of local conglomerate IHC (IHC.AD) have submitted an offer to wrap their shareholdings in Modon Properties into IHC's Q Holding (QHOLDING.AD). ADQ will also add its shareholding in Abu Dhabi National Exhibitions Company. The proposed transaction would create one of the largest real estate, hospitality, events, and catering platforms in the region, ADQ and IHC said in a statement on Wednesday.

City ofUnited kingdomSaudi arabiaAr riyaTom wintleManahi al marzouqiKemi badenochAsharq al awsatDominic johnsonGulf cooperation council free trade agreementUnited kingdom chief negotiatorChief negotiatorKingdom governmentTrade secretary kemi badenochInvestment lord dominic johnson