Jebel Ali Free Zone (Jafza) is a major contributor to the growing trade between India and the UAE. There’s been a significant increase in Indian businesses setting up there, with 28% more new companies in 2023 compared to the previous year. This resulted in over 190 new Indian businesses and a total of more than 1,500 Indian companies in Jafza. This growth follows trade events held in India to connect with potential businesses.

Starting from March 10, this mandate applies to private sector establishments employing three or more individuals

The UK’s fishing fleet has been denied access to Russia’s resource rich Arctic fishing grounds, after Russian President Vladimir Putin signed a law that ends a longstanding agreement allowing British vessels operate in the Barents Sea. The document was published on Russia’s official website for legal information on Monday.

Russia’s economy has continued to overcome hardships while growing stronger, The Economist wrote in an editorial on Sunday.

Brands such as Honor, Xiaomi, Samsung, and Acer reportedly resumed marketing in the sanctioned country in 2023

The award was overturned due to a parallel UK suit in which the trader had already won a much smaller payout