Meena - Business News - November 27, 2024 - Vol (77)

Meena - Business News - November 27, 2024 - Vol (77)


Table of content:

  1. Overview:
  2. Join Our Business Network Today - Meena Circle!:
  3. IRAQ's Highlights: - Iraq's National Investment Commission (NIC) Extends Tender Deadlines - Iraq's Commitment to Reducing Gas Flaring and Boosting Energy Production - List of Fairs and Exhibitions for the Year 2024
  4. KINGDOM of SAUDI ARABIA's Highlights: - Saudi Arabia Secures $9 Billion in Metals and Mining Investments - Moody’s Upgrades Saudi Arabia’s Credit Rating - List of Fairs and Exhibitions for the Year 2024
  5. UNITED ARAB EMIRATES's Highlights: - UK Prime Minister to Visit UAE for Investment Talks - Union Coop to Transform into Public Joint-Stock Company - List of Fairs and Exhibitions for the Year 2024
  6. QATAR's Highlights: - Web Summit Qatar, German Mittlestand GCC Office sign partnership agreement - Provision of Outsourcing Engineering and Technical Services - List of Fairs and Exhibitions for the Year 2024
  7. PAKISTAN's Highlights: - Pakistan and Belarus Sign 3-Year Economic Cooperation Roadmap - List of Fairs and Exhibitions for the Year 2024


Overview:

As a part of our services we provide through Meena Business Consultancy Services, Our team in here are dedicated to delivering customized market insights, business intelligence, and updates on tenders and business opportunities from prominent regions such as Iraq, Kingdom of Saudi Arabia, UAE, Qatar and Pakistan. Additionally, we provide an updated list of fairs and exhibitions in these countries to facilitate our partners in making well-informed strategic decisions.

Our commitment extends to meticulous research and analysis, enabling us to offer actionable recommendations and guidance. Leveraging our extensive network and expertise, we identify opportunities, assess strategies, and mitigate risks. Upholding the values of professionalism and confidentiality, we aspire to be a trusted advisor, empowering businesses for sustained success and growth within their respective regions.


Join Our Business Network Today - Meena Circle!

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IRAQ:


Iraq's National Investment Commission (NIC) Extends Tender Deadlines

The NIC has announced a one-month extension for tenders related to two significant infrastructure projects:

  • Baghdad Metro Project: This initiative aims to alleviate the capital's traffic congestion by establishing a comprehensive metro system.
  • Najaf-Karbala Metro Project: Focused on improving transportation between these two pivotal cities, this project is expected to enhance connectivity for both residents and pilgrims.

The new submission deadline for both projects is now set for December 12, 2024. This extension provides additional time for European and American firms to prepare and submit their proposals.

Source: Please click here


Iraq's Commitment to Reducing Gas Flaring and Boosting Energy Production

In a move to attract foreign investment, particularly from Western companies, Iraq is seeking partnerships to curb gas flaring and enhance gas output. The Deputy Oil Minister emphasized the country's openness to collaborations with U.S. and European firms, highlighting ongoing plans to cooperate with local Iraqi companies. This initiative aligns with broader efforts to counterbalance growing Chinese influence in Iraq's energy sector and reduce reliance on electricity imports from neighboring countries.

Source: Please click here!


List of Fairs and Exhibitions for the Year 2024

Kindly review this list of fairs and exhibitions. Schedule appointments and promote your business effectively.


KINGDOM of SAUDI ARABIA


Saudi Arabia Secures $9 Billion in Metals and Mining Investments

Saudi Arabia has struck a monumental series of investment deals worth over $9 billion in the metals and mining sector, announced on November 26, 2024. These agreements include a $2 billion copper facility by India’s Vedanta and a $1.5 billion zinc smelting and lithium carbonate project by China’s Zijin Group. These investments are pivotal to Saudi Arabia’s Vision 2030 initiative, aimed at reducing dependency on oil and boosting economic diversification. This thriving sector presents an attractive entry point for European and American investors seeking opportunities in critical minerals and future-ready industries.

Source: Please click here!


Moody’s Upgrades Saudi Arabia’s Credit Rating

Saudi Arabia’s economic reforms have received a resounding endorsement as Moody’s upgraded the Kingdom’s credit rating from “A1” to “Aa3” on November 22, 2024. This reflects Saudi Arabia’s ongoing efforts to diversify its economy and attract international investors beyond the oil sector. The upgrade signals increased confidence in the Kingdom’s Vision 2030 and its business-friendly climate, making it a prime destination for European and American stakeholders seeking stable and promising investment avenues.

Source: Please click here!


List of Fairs and Exhibitions for the Year 2024

Kindly review this list of fairs and exhibitions. Schedule appointments and promote your business effectively.


UNITED ARAB EMIRATES:


UK Prime Minister to Visit UAE for Investment Talks

UK Prime Minister Keir Starmer is scheduled to visit the UAE and Saudi Arabia next month to strengthen bilateral relations and attract investments from the Gulf region. Discussions will encompass energy projects and regional issues, underscoring the UAE's pivotal role in international trade and diplomacy.

Source: Please click here!


Union Coop to Transform into Public Joint-Stock Company

Union Coop, one of the UAE’s leading retailers, has announced its transition plan from a consumer cooperative society to a public joint-stock company (PJSC). This move is set to enhance its operational structure, increase transparency, and attract more investors. Retailers and market analysts see this as a significant development in the UAE’s retail sector, poised to inspire similar transformations.

Source: Please click here!


List of Fairs and Exhibitions for the Year 2024

Kindly review this list of fairs and exhibitions. Schedule appointments and promote your business effectively.


QATAR:


Web Summit Qatar, German Mittlestand GCC Office sign partnership agreement

Web Summit Qatar and the German Mittelstand GCC Office signed a strategic partnership to boost innovation and entrepreneurship between Qatar and Germany. The agreement aims to enhance German startup participation in Web Summit Qatar 2025, showcasing innovations through a dedicated pavilion, workshops, and panel discussions. This collaboration aligns with Qatar's vision of fostering a knowledge-based economy and supporting SMEs globally.

Source: Please click here!


Provision of Outsourcing Engineering and Technical Services

A five-year contract opportunity for engineering and technical services on a call-off basis.

  • Objective: Qatar seeks a contractor to provide engineering and technical services on a call-off basis for a five-year term.
  • Scope: Includes project planning, technical consulting, and operational support across multiple sectors such as oil & gas, construction, and technology.
  • Potential Bidders: International engineering firms with experience in large-scale infrastructure projects.
  • Deadline: Open for submissions; details available on Qatar’s procurement website.

Source: Please click here!


List of Fairs and Exhibitions for the Year 2024

Kindly review this list of fairs and exhibitions. Schedule appointments and promote your business effectively.


PAKISTAN:


Pakistan and Belarus Sign 3-Year Economic Cooperation Roadmap

On November 27, 2024, Pakistan and Belarus formalized a three-year plan to enhance economic ties, focusing on trade and investment. The agreement includes follow-up discussions in Minsk to finalize actionable steps.

Source: Please click here!


List of Fairs and Exhibition for the Year 2024

Kindly review this list of fairs and exhibitions. Schedule appointments and promote your business effectively.


Meena - Business News delivers timely updates on investments, business trends, tender information, fair listings, and risk analysis in IRAQ, KSA, UAE, QATAR, and Pakistan.

We emphasize the abundant opportunities available and stand ready to support your business development endeavors in these potential countries.

For more information please contact us at: https://meenasonline.com/

November 27, 2024


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