Saturday 29 April 2017
 
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Iran’s province eyes $2bn in foreign investment

Iran’s Tehran Province has set goals to attract $2 billion in foreign investment during the year to March 21, 2018, said a senior official in a report. The goals will be followed up as long-term, mid-term and short-term plan

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155 Iran projects attract $7bn foreign investment

Iran's Ministry of Industries, Mines and Trade revealed that 155 projects were implemented nationwide over the past four years which drew $7 billion in foreign investment, said a report. The ministry said that Iran’s Pre

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Dubai attracts 247 new foreign investment projects

Dubai attracted 247 new foreign investment projects during 2016, said a senior official from Dubai Investment Development Agency, an agency of Dubai Economy. Dubai attracted Dh25.5 billion ($6.9 billion) in foreign direct investme

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Sharjah's FDI to exceed $272m this year

Sharjah is expected to draw a total of  Dh1 billion ($272.2 million) foreign direct investment (FDI) this year, an anticipated growth of 15 per cent on 2016, according to Sharjah’s government authorities. The figures ar

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UAE’s foreign trade of creative industries at $30.7bn

The total value of the foreign trade of creative industries in the UAE was recorded at $30.7 billion in 2015, reflecting a seven per cent increase in its non-oil trade activities, according to a recent study. The global export of

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UAE unveils new five-year foreign aid strategy

The UAE’s Ministry of Foreign Affairs and International Co-operation has launched a five-year foreign aid strategy which will focus on women’s empowerment and protection, transport and urban infrastructure, and technical co-operation

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Iran sees $4bn foreign investment in industries

Iran is expecting foreign direct investment of around $4.1 billion in the 124 industrial projects which have been approved since the 11th government took office in August 2013, said a report. The projects are in the fields of auto

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London to launch inquiry into foreign property ownership

London's mayor Sadiq Khan will launch an inquiry into foreign ownership of property in the British capital which has helped push up housing costs, the Guardian newspaper cited him as saying on Thursday. "It's

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Brazil says foreign tourism met half-million forecast for games

At least 500,000 foreign visitors arrived in Brazil to attend the Olympics in Rio de Janeiro, the government said on Friday, citing recent immigration figures that met a forecast made well before the games. According to data compi

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Egypt's solar power upset clouds outlook for investors

When Egypt announced plans to develop renewable power in 2014, investors piled in, drawn by year-round sunshine and chronic electricity shortages. Two years on, many projects have stalled, hitting confidence among foreign investors Egypt sorely

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