Reading the register.
Reading the register.
Intelligence with context. Foresight that shapes decisions. The DIWAN register publishes commissioned studies, briefings, and market intelligence across sectors and jurisdictions.
The signal already reaches most Zimbabweans; the price of data, the power behind each site and the state's paper processes do not. Five moves that would unlock growth, and who can realistically pay for each
Zimbabwe's economy grew about 8% in 2025, yet only about 42% of people use the internet. Mobile coverage is not the main problem: LTE covers about 96% of the urban population and there are close to one mobile connection per person. The binding constraints are the price of data (Cable.co.uk ranks Zimbabwe the most expensive of 237 territories at US$43.75 per GB), unreliable power at sites and digital centres, and a government that still runs many licences and permits on paper. This study maps the gap, sets out five sequenced moves (cheaper data, power-resilient shared rural sites, satellite-backed digital centres, interoperable government rails, and local data-centre capacity) and identifies who funds each. Because Zimbabwe is still in arrears to international lenders, most money today comes from operators, the 1.5% Universal Service Fund levy, Chinese export credit and private infrastructure companies. An illustrative model shows rural shared sites only reach low-teens returns with roughly 40% public co-funding.
What would cut road deaths fastest in the Democratic Republic of the Congo, and how it can be paid for
The DRC loses an estimated 15,000 to 40,000 people a year on its roads, while police record only a fraction (3,364 in 2021 against a WHO estimate of 15,615). Pedestrians are over half of recorded deaths, motorcycle taxis have become the main mode for most users with almost no helmets, licences or insurance, and there is no on-scene emergency care. This study sets out six levers in order of speed and cost: count the dead, protect pedestrians on urban arterials, a helmet-licence-insurance bundle for motorcycle taxis, heavy-vehicle safety on the RN1, lay first responders, and a modernised road code. A core five-year programme costs about US$50-95 million of public money (our planning estimate), roughly 4-8% of FONER's annual resources, with revenue-backed concessions and insurance levies able to carry the rest.
Bangladesh lands 5 million tonnes of fish a year but exports under 1% of it. The investable gap is the cold chain and certification around its idle plants, not new factories.
Bangladesh is the world's second-largest inland-capture producer and fifth-largest aquaculture producer. It produced 5.02 Mt of fish in 2024, yet frozen exports in FY2024-25 were only 31,189 t (US$388.7m). Its 109 registered shrimp plants (~400 kt capacity) run at about 8% utilisation, starved of raw material. Post-harvest loss runs at 12.5–30%, shrimp yields are a tenth of regional peers, and fishing reaches only a third of the EEZ. The first-mover case is a landing-side cold-chain and certification platform at Chattogram or Cox's Bazar: partner with existing processors, sell into premium markets, and keep vannamei and offshore fishing as later options. EPZ terms (100% foreign ownership, 5–10-year tax holidays) and pending LDC-transition relief to 2029 frame the window.
Economic, Social and Environmental Outlook
Burkina Faso's economy remains low‑income but shows signs of gradual recovery. Real GDP growth is projected to rise from 3 % in 2023 to 5.3 % in 2025, while GDP per capita is expected to increase from USD 873 to USD 1,148. Population growth is steady at 2.2 %, and urbanisation is modest. Inflation is anticipated to fall to –0.6 % by 2025. Infrastructure gaps, particularly in electricity access and digital connectivity, and regulatory uncertainties persist.
AML rebuilt, permits enforced, mergers gated, quotas due: what changed in AE-FED and what operators must do before year-end
The UAE's federal rulebook has shifted from writing rules to enforcing them. This edition of the AE-FED regulatory watch covers four fronts that moved since our last issue: the wholesale AML rebuild under Federal Decree-Law No. 10 of 2025 (AED 100m fines, personal senior-management liability, a lower evidence bar, FATF evaluation year); the Advertiser Permit and SCA finfluencer regimes crossing into enforcement; the Competition Law's 2026 Executive Regulations making merger filing a suspensory stage-gate with a deemed-rejection default; and Emiratisation's 31 December 2026 checkpoint. With a dated 90-day radar and a five-move operator playbook.
Economic, social and environmental outlook
The 2026 First Reading outlines Mauritius’ economic trajectory, noting a projected GDP growth of 4.9% in 2024 and a steady real growth trend. Social metrics such as a 73.8‑year life expectancy, 94.3% adult literacy and 73.3% internet penetration remain robust. The country’s environmental profile shows stable CO2 emissions and universal electricity access, while the mixed legal system offers a predictable regulatory environment for investors.
A demand-driven legal review answering the questions readers put to the platform most — mainland vs ADGM vs DIFC, what boards owe, and what employment exits cost
Reader demand on the platform clusters on three questions: where to incorporate in the GCC, what directors owe once incorporated, and what employment exits cost. This study answers all three — a six-door comparison of UAE mainland, ADGM, DIFC, Saudi Arabia, QFC and Bahrain/Oman; the ADGM directors'-duties framework in plain language; and the notice and end-of-service formulas for DIFC, ADGM and the UAE mainland — with indicative costs and a decision playbook by profile.
Assessing Future Prospects and Trends
Gibraltar's population is projected to reach 40,126 by 2025, reflecting a steady growth rate of approximately 2% per year. The territory's fully urbanised status and high-income classification indicate a concentrated consumer base. With universal access to electricity and robust digital infrastructure, Gibraltar presents a conducive environment for business and investment. However, potential risks such as economic downturns and regulatory changes must be monitored.
A Comprehensive Analysis of Future Economic Trends
The Isle of Man's economy is projected to continue its recovery from recent downturns, with real GDP growth stabilising. The population is expected to remain stable, and urbanisation will support service-oriented industries. However, the reliance on services may expose the economy to external shocks, necessitating strategic investments and regulatory engagement.
A Forward-Looking Analysis
Jamaica's economy is projected to face continued stagnation with real GDP growth remaining low and inflation pressures persisting. The population has stabilised at 2.8 million, indicating limited labour market expansion. Urbanisation is steady, with over half the population living in urban areas. Investment opportunities may arise in energy and agriculture, but risks from economic downturns and regulatory changes remain significant.
A Comprehensive Analysis of Future Trends and Projections
Turkmenistan is expected to maintain a steady economic growth rate of 6.3% through 2025, with GDP reaching USD 49.8 billion. The population is projected to grow to 7.6 million by 2025, indicating a stable consumer base. Urbanisation remains constant at 47.1%, supporting market demand. However, challenges related to regulatory transparency and environmental sustainability persist, necessitating careful navigation by investors.
An Analysis of Economic and Social Projections
This study examines the economic and social landscape of American Samoa, highlighting a projected decline in population and ongoing reliance on imports. With a nominal GDP of USD 871 million in 2022, the territory's economic stability is threatened by demographic trends and external dependencies. The analysis also considers potential investment opportunities and risks associated with the region's unique legal and regulatory environment.
Forecasting Growth and Development in Viet Nam
Viet Nam's economy is set to grow significantly, with GDP expected to reach USD 514.7 billion by 2025. The population is projected to stabilise at 101.6 million, with an increasing urban population share. Digital connectivity is improving, with internet users reaching 84.2% by 2024. However, environmental challenges and regulatory concerns remain critical for investors.
Third reading of the Ask-desk demand signal: gratuity, notice, savings schemes and nationalisation quotas — the employment rulebook actually in force across the GCC in 2026, and what it costs to get it wrong
Readers of the legal platform keep asking a third family of questions after formation and directors' duties: how to hire, pay out and let go. This edition answers the recurring asks — end-of-service gratuity, notice periods, the quiet shift from accrued gratuity to funded savings (DEWS and the UAE federal scheme), the 2025 Saudi labour-law amendments, ADGM's 2024 Employment Regulations, and the Emiratisation penalty escalator — with worked numbers and a 90-day employer playbook.
One board seat, three legal families — what Gulf directors personally owe in 2026, and what breach now actually costs
The fourth edition in the demand series answers the second-largest question cluster on the legal platform (≈20% of reader queries): what do directors and managers personally owe, and when does the company's problem become theirs? The answer has changed. Between the Dubai Court of Cassation's AED 152m personal award against a vice-chairman and CEO, the UAE bankruptcy law's shadow-director reach, KSA's 2022 law with the region's first express business-judgment defence, and the NMC proceedings in ADGM — where judgment on civil fraud claims against the founder and former CEO was reserved on 3 July 2026 after a 15-week trial and a US$600m mid-closing settlement by Bank of Baroda — personal liability in the Gulf has moved from paper risk to enforced norm. This study maps the duties across mainland UAE, ADGM, DIFC and Saudi Arabia, prices the breach, and gives five board seats a 90-day protection playbook.
The GCC's dominant legal question, answered for 2026: mainland vs financial centre vs Saudi entry — venues, costs, tax and the new rulebook
Nearly half of everything readers ask a GCC legal platform is one question in different clothes: where should this company live? This study answers it for 2026 — a year in which DIFC, ADGM and the QFC all posted record intake simultaneously, the UAE mainland gained venture-style share structures and statutory redomiciliation, Saudi Arabia replaced foreign-investment licensing with registration, and a 15% domestic minimum tax quietly harmonised the top end of the market. Includes a venue scoreboard, cost and tax tables, the 2026 legal rails, and a decision playbook for five founder archetypes.
Second reading of the Ask-desk demand signal: the full map of GCC dispute forums in 2026 — courts, common-law enclaves and arbitral institutions — what each costs, how each enforces, and how to choose before you sign
The first reading of this demand signal mapped what readers of a GCC legal platform actually ask. This second reading builds out the cluster that was answered most thinly — dispute triage — into the study it deserves. In 2026 the Gulf runs three parallel dispute systems side by side: onshore civil-law courts, offshore common-law courts (DIFC, ADGM), and a maturing bench of arbitral institutions (DIAC, arbitrateAD, SCCA). The gap between choosing well and choosing badly no longer shows up at the hearing — it shows up at enforcement. This study maps the forums, prices the routes, tests the enforcement rails against nine years of annulment data, and closes with a drafting playbook: the decision framework and the five clause defects that still sink otherwise sound contracts.
Capital floors, real timelines and a decision matrix for payments, lending and digital-asset builders choosing a Gulf licence in 2026
There is no GCC passport: each licence buys one market, and the capital floors for a payments permission span roughly 150x between the cheapest and costliest sourced track (AED 100,000 for a CBUAE Category IV permission to AED 15 million for a stored-value facility). This study benchmarks the five regulators a Gulf fintech founder can realistically shop - ADGM FSRA, DIFC DFSA, SAMA, QFCRA and CBUAE - across licensing tracks for payments, lending and crypto, with sourced fees, capital requirements and authorisation timelines, and closes with a decision matrix mapping seven common business models to a primary and fallback regulator.
Gulf corridors set records while the world's biggest corridor shrinks - and the cheapest rail is now an app, not an agent
A benchmark study of the UAE-India, UAE/Saudi-Pakistan, Saudi-Egypt and US-Mexico remittance corridors: record Gulf-origin flows (Pakistan $41.6bn, Egypt $41.5bn, India $135.5bn) against a shrinking US-Mexico control ($61.8bn, -4.6%), the 4.59%-vs-7.30% digital-cash cost spread, the US 1% cash-remittance tax, and why instant-payment linkages - not CBDCs - are the retail rail of the next 24 months.
Benchmarking the UAE, Saudi and Qatar residency products against a closing West — and sizing the property, schooling, insurance and advisory economy they feed
Between October 2023 and February 2026 the investment-migration market inverted: Europe withdrew supply while the Gulf productized it. This study benchmarks five class-matched residency products, quantifies the residency-linked economy anchored by Dubai's AED 917bn property year, and maps the 12–24 month regulatory outlook and advisory funnel.
Announced gigawatts, energized megawatts, and who actually captures the AI workloads
The Gulf has announced between 5 and 11 gigawatts of sovereign AI data-centre capacity while roughly 500 megawatts of third-party capacity is live today. This study benchmarks the UAE, Saudi Arabia and Qatar against the two constrained incumbents — Singapore and Ireland — across capacity, power economics, latency position and regulation, and maps who captures which workloads to 2030.
Where sovereign capital is pulling private money — UAE, Saudi Arabia and Qatar benchmarked against the Netherlands and Israel, and the four-segment stack priced
Gulf food-security capital has moved upstream: over US$7 billion of verified sovereign and state-linked deals since 2020 now target the grain trade itself, while domestic production consolidates around what survives the desert P&L. This study benchmarks the UAE, Saudi Arabia and Qatar against their two explicit reference systems — the Netherlands and Israel — then prices the four-segment investable stack: greenhouse-first controlled-environment agriculture, sovereign-anchored aquaculture, cash-yielding cold chain, and alternative proteins as a regulatory call option under Abu Dhabi's 2025 halal-integrated novel-food framework. It closes with the four co-investment structures that repeat across every disclosed transaction, and a candid risk register.
Announcement versus deployment across the UAE, Saudi Arabia and Qatar — benchmarked against Singapore and France
The Gulf sovereign-AI race has split into three distinct strategies: the UAE is deploying (a gigawatt-class campus physically under construction, chips export-licensed, a US$49bn infrastructure fund closed, and a continuous cadence of shipped models), Saudi Arabia is announcing at the largest scale (6.6GW by 2034) while execution is still early, and Qatar has pivoted to capital-as-strategy, buying exposure rather than building gigawatts. Benchmarked against Singapore and France, the UAE currently leads on execution score; the binding constraint for every programme is US chip-export approval, which has quietly become the real scoreboard.
Two hundred ninety offices or six thousand? The Gulf's family-office boom is real and registrable — and almost entirely unmeasured where it matters. Where the measurement gap becomes a market.
The Middle East's family-office population is quoted anywhere between 290 and 6,000-plus, overseeing an estimated ~$500bn or more — a definitional fog no other asset-owner class would tolerate. This study benchmarks DIFC and ADGM against Singapore, Switzerland and London, maps the ~$1tn succession wave onto the region's regulatory and services stack, and locates the commercial opening: the intelligence layer the boom has not yet built.
Electronic bills of lading, the MLETR statute race and whether Dubai can take documentation share from Geneva, Singapore and London
Gulf economies already route $1.6tn of merchandise trade, yet the documents that carry title, credit and jurisdiction still clear through incumbent hubs and English law. This study benchmarks Dubai against Geneva, Singapore and London on legal enablement, firm concentration and registry depth. It finds the window to capture documentation share open until roughly 2030 — contingent on one missing federal statute rather than on technology.
Formation venues compete on price and speed; the durable cost of owning a UAE company now sits in the tax-and-filing stack that follows
The UAE remains one of the cheapest and fastest places in the Gulf to incorporate, with entry licenses from roughly AED 6,000 and approval in days. Since corporate tax took effect in June 2023, however, the recurring compliance line — registration, bookkeeping, VAT and corporate tax filings — has become broadly venue-independent and often exceeds the annual license renewal itself. This study benchmarks five formation venues against Saudi and Bahraini references and sizes the services market that keeps the country's ~557,000 SMEs clean.
Uganda's power problem has moved from generation to delivery. Installed capacity reached about 2,048 MW in 2024 against a 2025 system peak of about 1,351 MW, but 44.7% of people still lack access, losses run near 17% and manufacturers report frequent outages. The 2030 National Energy Compact targets 85% access, US$17.7 billion of investment (US$9.4 billion private) and 2,712 mini-grids from a base
Read this studyPhoto: Kia Sheikhy