Tuesday 27 January 2015
 
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foreign investment

Tunisia success ‘hinges on foreign investment’

Four years after Tunisia sparked off the Arab spring uprisings the country is seen as a rare regional success story, but its prospects hinge on it deepening reforms and attracting foreign investment. The North African country of 1

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40 foreign firms ready to invest in Iran gas sector

A total of 40 American, European and Asia-based companies have expressed their willingness to invest in Iran’s gas sector, a report said. Companies from South Korea, Japan, Russia, Italy, England, France, and Canada are in t

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Foreign spend in Egypt to hit $2bn in Q2

Foreign investment in Egypt will reach about $2 billion in the second quarter of the fiscal year, up from $1.8 billion dollars in the previous quarter, investment minister Ashraf Salman told Reuters in an interview on Sunday. Egyp

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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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Power cuts major obstacle to investment in Egypt

Power cuts dogging Egypt have become the biggest obstacle to luring back foreign investment after three years of political upheaval, the country's investment minister has said. Electricity shortages mean the country often has

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Power cuts major obstacle to investment in Egypt

Power cuts dogging Egypt have become the biggest obstacle to luring back foreign investment after three years of political upheaval, the country's investment minister has said. Electricity shortages mean the country often has

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Power cuts ‘biggest hurdle to investment in Egypt’

Power cuts dogging Egypt have become the biggest obstacle to luring back foreign investment after three years of political upheaval, the country's investment minister said on Tuesday. Electricity shortages mean the country oft

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Kuwait woos foreign investors by dropping offset scheme

Kuwait is suspending a programme under which foreign winners of big government contracts are required to invest in the local economy, its finance minister said on Tuesday, as it tries to attract more overseas companies. "We n

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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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Saudi proposes 10pc foreign ownership cap for bourse

Saudi Arabia's stock market regulator proposed rules on Thursday for opening the $580 billion market to direct investment by foreign institutions, including a 10 per cent cap on foreign ownership of the market's value. Amo

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