Tuesday 26 September 2017
 
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foreign investment

Dubai real estate draws $41bn investment in 18 months

A total of Dh151 billion ($41.1 billion) was invested in Dubai property market by 217 nationalities during the last 18 months, according to latest figures released by the Dubai Land Department. The DLD revealed the figure while an

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Iran draws $6bn foreign investments for power plants

Iran has attracted some $6 billion of foreign investments for construction of new power plants, the managing director of Iran's Thermal Power Plants Holding Company was quoted as saying by Irna. Mohsen Tarztalab said

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Foreign investment at ADX tops $575m in June

Foreign investors’ purchases at Abu Dhabi Securities Exchange (ADX), amounted to Dh2.114 billion ($575.4 million) in June, accounting for 55.4 per cent of total buy trades, a report said. Their sales stayed at Dh1.871 billio

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Iran energy projects may draw up to $80bn in FDI

Iran's energy projects are likely to attract foreign investments worth $50 billion-$80 billion in the near future, a report said. Hossein Zamani-Nia, Deputy Oil Minister added $10 billion in foreign investment will pertain to

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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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