Wednesday 22 October 2014
 
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foreign investment

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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Saudi petchem, retail stocks to drive investor appeal

Saudi Arabia’s energy-related stocks such as petrochemicals as well as underpenetrated consumer markets such as retail will see immediate investor interest when the kingdom opens its $700 billion equity market to foreigners in early 2015,

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Foreign buying in Saudi stocks jumps

The value of shares bought by foreign investors through swap arrangements on the Saudi stock exchange jumped in July, official statistics showed on Sunday. Authorities in the kingdom granted long-awaited approval on July 21 to ope

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Saudi opens the door to major inflows to market

Saudi Arabia’s decision to open up its stock market to foreign financial institutions (FIIs) in the first half of next year is a long-awaited step towards its inclusion in the MSCI emerging markets (EM) index, which could mean active net i

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Saudi market 'could see $35bn foreign inflow'

Saudi capital market, the largest in the Middle East and North Africa (Mena) region, could draw up to $35 billion once it is opened to direct foreign investments, an analyst has said. The long-awaited move, approved by the cabinet

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