Saturday 20 December 2014
 
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FDI

‘Quality key to FDI data in GCC countries’

GCC countries need to improve the quality of foreign direct investment (FDI) data they release, a top official of the United Nations Conference on Trade and Development (UNCTAD) has said. UNCTAD Division on Investment and Enterpri

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India eases FDI rules for construction sector

India has eased foreign direct investment rules for the construction sector, the government said in a statement on Wednesday, in a move to attract more money into the country to build new hotels, housing and townships. Under the n

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Dubai likely to see 15pc rise in FDI this year

Foreign direct investment (FDI) in Dubai, propped up by key segments such as services and logistics, is likely to grow by 10-15 per cent this year as against 2013, said an industry expert. The focus on growth was coming with mega

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Abu Dhabi GDP rises 4.8pc in 2013

Abu Dhabi’s 2013 GDP at current prices is estimated at Dh953.2 billion ($259.5 billion), compared with Dh909.7 billion ($247.6 billion) in 2012, representing an annual growth rate of 4.8 per cent, a report said. Accordingly,

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Foreign investment in Egypt doubles to $6bn in 2013/14

Foreign direct investment (FDI) into Egypt doubled to over $6 billion in the financial year that ended on June 30, Hassan Fahmy, head of Egypt's investment authority, said on Sunday. Egypt's economy has been battered by mo

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Jordan's trade deficit widens by 10.5pc in first half

Jordan's trade deficit widened in the first six months of this year by 10.5 percent to 5.35 billion dinars ($7.5 billion) compared with the same period in 2013, due to a higher bill for Saudi oil and increased consumption, official data show

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Foreign direct investment in GCC declines 14pc

Foreign direct investment (FDI) in the GCC fell to $24 billion last year from $28 billion in the previous year, down 14.6 per cent, according to United Nations Conference on Trade and Development’s (UNCTAD) annually published World Investm

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Mideast funds bullish on Saudi, bearish on UAE

Middle East funds are heavily bullish towards Saudi Arabian stocks after news the market will open to direct foreign investment, while they are bearish on the United Arab Emirates because of concern about high valuations. The late

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Saudi FDI opening ‘may slow down IPOs’

Saudi Arabia's decision to open its stock market (Tadawul) to foreign direct investment (FDI)could curb initial public offerings (IPOs) in the kingdom as it could make local firms cautious about giving up stakes in their business to foreign

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Global investments to hit $1.62 trillion, up 12.5pc

The global foreign direct investment (FDI) will rise 12.5 per cent to $1.62 trillion this year as the economic recovery tempts China, private equity and big companies to spend their warchests, said a UN survey. The United Nations&

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