Friday 20 July 2018
 
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Fujairah foreign trade up 5.9pc in 2017

The total foreign trade of Fujairah during 2017 was valued at Dh14.377 billion ($3.91 billion), 5.9 per cent higher than the 2016 figure of Dh13.577 billion ($13.57 billion), according to the 2017 Yearbook issued by the Fujairah Statistical Cent

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Saudi Arabia to woo US investors to entertainment sector

Saudi Arabia is looking to propel the growth of the entertainment industry in the kingdom through a key forum in the US, which will focus on attracting investments and new entertainment ventures into the kingdom. The summit, hoste

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Saudi grants S&P Global 100pc foreign ownership license

S&P Global Ratings was awarded a 'Saudi Arabia 100 per cent Foreign Owned Investment License' in a ceremony at the Saudi-British Business Forum 2018 in London. S&P Global Ratings opened its branch in Riyadh in Octo

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Dafza, Saudi ECA in deal to drive foreign investments

The Dubai Airport Freezone Authority (Dafza) has signed a strategic memorandum of understanding (MoU) with Saudi Arabia's Economic Cities Authority (ECA) aimed towards developing proposals and suggestions that can help drive in more potentia

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Japan to roll out new 'Luggage-Free Travel' service

Japan's largest travel agency JTB has teamed up with tech company Panasonic and courier service Yamato to create a new 'Luggage-Free Travel' service. The aim of such a service is to help "make travel in Japan easi

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Jafza non-oil foreign trade hits $80bn

Dubai-based Jebel Ali Free Zone (Jafza), a subsidiary of DP World, has consolidated its position as a major trading and logistics hub by growing its non-oil foreign trade by 17 per cent to 27.9 million tonnes in 2016, worth $80.2 billion, from 2

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Halal Expo Dubai, Salaam Gateway to attract foreign investment

Halal Expo Dubai, the largest and most comprehensive business-to-business (B2B) halal exposition in the Middle East, and Salaam Gateway have agreed to promote the strategically significant event and to attract foreign halal investment into Dubai

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Oman received $19bn in foreign investment in 2016

Foreign investors ploughed OR7.4 billion ($19.21 billion) into the country last year, almost a billion more than in 2015, according to government data. The news was welcomed by analysts and experts as a healthy indicator that Oman

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Nine foreign firms ready to fund Iran plane purchase

Nine financial institutions from Europe and Asia have expressed their readiness to fund Iran's purchases of planes from Airbus and Boeing, a report said. According to deputy minister of Roads and Urban Development for Internat

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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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