Saturday 23 November 2024
 
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Foreign funds

India cancels licences of 9,000 charities

India has cancelled the registration of nearly 9,000 charities for failing to declare details of donations from abroad, as New Delhi tightens surveillance on foreign-funded non-governmental organisations in the country. The crackd

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Gulf draws foreign funds as Arab Spring states struggle

Foreign money is flowing into the parts of the Middle East which need it least as the Gulf becomes a major destination for global portfolio investors and political instability deters investment elsewhere in the region. When uprisi

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Saudi 'to further open bourse for foreigners’

Saudi Arabia is considering further steps to open up the Arab world's largest bourse to foreign investment, the head of the Capital Market Authority (CMA) said in remarks published on Saturday. In 2008, the word's top oil exporter

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