Thursday 10 July 2014
 
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foreign investment

Iran hopes for end of sanctions boom but investors wary

With the prospect of a diplomatic breakthrough next month bringing an end to Iran's international isolation, officials in Tehran are preparing to roll out the red carpet to foreign firms. But a tough legal environment and tricky domestic mar

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Egypt eyes $10bn foreign investment in 2015

Egypt's newly appointed investment minister Ashraf Salman said he targets $10 billion in foreign direct investment (FDI) for the coming fiscal year and $14 billion in three years. Meanwhile Saudi Arabia's Almarai, the Gulf

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Low-risk Saudi market to lure foreign investors

Saudi Arabia has been ranked 14th among low-risk credit markets on a list of 76 countries published by a global ratings agency, which would help attract more foreign investors, said a top economist. The kingdom holds 15th position

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Bahrain sees more foreign investment in 2014

Bahrain remains focused on attracting more specific foreign direct investment in the next year, according to a top minister. Transportation Minister and Economic Development Board (EDB) acting chief executive Kamal Ahmed said all

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GCC countries set to sign collective FTAs

GCC countries are set to sign collective free trade agreements (FTAs) with several countries and economic blocs, encouraging foreign investment and creating new job opportunities, a report said. The agreements will be signed with

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Egypt current account deficit falls to $5.58bn

Egypt's current account deficit narrowed to $5.58 billion in the fiscal year to end-June from $10.15 billion in the year to end-June 2012, the central bank said on Tuesday. Foreign direct investment into Egypt fell to $3.00 bi

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Glencore leads foreign investment in UK firms

Foreign investment in British companies hit a six-year high of 23.4 billion pounds ($36.4 billion) in the second quarter as the economy started to grow, though the bulk came from one deal - Glencore's takeover of Xstrata, data showed.

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MSCI upgrades put Gulf firmly on investment map

Morgan Stanley Capital International's decision to raise the status of two Gulf stock markets in its investment indexes may buoy the entire region, helping in the long term to make it a major destination for global equity funds.

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Dubai may ease curbs on GCC investors

Dubai, seeking to attract more investment, may let citizens from five other Gulf Arab countries establish businesses along with foreign partners but without having to include domestic investors, the government said. The Department

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Bahrain sees good foreign investment flow

  Bahrain witnessed significant foreign investment flow throughout 2012, with 40 international businesses from North America, Europe and Asia as well as the Middle East region setting up their operations in the Kingdom, said a to

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