Tuesday 25 April 2017
 
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foreign investment

Dubai attracts $6.9bn in foreign investment in 2016

Dubai attracted Dh25.5 billion ($6.94 billion) in foreign direct investment (FDI) inflows in 2016, ranking seventh worldwide in drawing foreign investment, said Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

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UAE among world's most profitable trade destinations

Foreign cumulative investment in the UAE of more than $100 billion in 2014 rose to $111 billion in 2015, placing the country among the most profitable and attractive destinations for trade and investment in Mena and Asia, a report said.

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UAE among world's most profitable trade destinations

Foreign cumulative investment in the UAE of more than $100 billion in 2014 rose to $111 billion in 2015, placing the country among the most profitable and attractive destinations for trade and investment in Mena and Asia, a report said.

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Iran set to approve new oil contract model

Iran is likely to approve a new model for oil contracts on Wednesday, said the country’s oil minister, adding that priorities will be jointly owned oil and gas fields. Iran hopes to draw as much as $50 billion a year from oi

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Qatar lures foreign money with ownership incentives

Qatar is seeking to draw in more foreign investors and cut its dependence on gas revenues by setting up special economic zones that will allow for 100 per cent overseas ownership. The world's top LNG (liquified natural gas) ex

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Saudi Arabia's cabinet approves new land tax rule

Saudi Arabia's cabinet has approved a tax on undeveloped urban land and rules allowing foreign investors to own 100 per cent of retail and wholesale businesses, the official SPA news agency said on Monday. The 2.5 per cent ann

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Saudi Arabia's cabinet approves new land tax rule

Saudi Arabia's cabinet has approved a tax on undeveloped urban land and rules allowing foreign investors to own 100 per cent of retail and wholesale businesses, the official SPA news agency said on Monday. The 2.5 per cent ann

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Oman to offer pre-cleared mining blocks

Oman’s Public Authority for Mining (PAM) plans to offer ‘investment-ready’ mining concessions that will come bundled with all of the requisite government permits and clearances, a report said. The ‘Ready to

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Hurdles remain as Iran seeks aviation investment

Iran courted Western aviation firms this week with a blueprint of regulatory reforms aimed at setting aside 40 years of sanctions and rebuilding its airways with new jets. But despite talk of a major plane order from Airbus , a ra

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Qatar to ease foreign investment rules

The Qatar Financial Centre will pass a new law in 2016 simplifying procedures for foreign investors and giving them more access to the local market, the centre's chief executive said on Wednesday. "What we will see is a n

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