FDI

India allows 49% foreign investment

New Delhi - Muslimchronicle

Burnishing its reform credentials ahead of Prime Minister Narendra Modi’s hard-sell of the India growth story at the World Economic Forum (WEF) in Davos later this month, the cabinet on Wednesday unveiled measures to liberalize the foreign direct investment (FDI) regime in aviation, single-brand retail, power exchanges and real estate broking. The government allowed foreign airlines to buy a stake ofRead more

FDI inflows, outflows at AED267 billion in 3 years

Abu Dhabi - WAM

UAE's foreign direct investment inflows and outflows totaled AED267 billion over the past three years, according to Ministry of Economy statistics, reflecting the decent growth rates recorded across all economic sectors despite the global economic slowdown. FDI inflows to the country in 2014-2016 hit AED105 billion while the outflows stood at AED162 billion.Read more

Shurooq and Sharjah Economic Development Department team

Sharjah - Arab Today

The Sharjah FDI Office (Invest in Sharjah), the promotional arm of the Sharjah Investment and Development Authority (Shurooq) has joined forces with Sharjah Economic Development Department (SEDD), to promote Sharjah as an unmatched investment-friendly destination locally and internationally. The move emphasises the ongoing efforts by Invest in Sharjah to strengthen integration and collaboration with local government bodies in the emirate.Read more

Annual Investment Meeting signs partnership deal with World Association

Dubai - WAM

The Annual Investment Meeting, AIM, the world’s leading FDI platform, has entered into a partnership with the World Association of Investment Promotion Agencies, WAIPA, which aims to bolster networking and promote opportunities. The seventh edition of AIM will be held from 2nd to 4th April, 2017, at the Dubai World Trade Centre under the theme of "International Investment, Path toRead more

Dubai FDI to brief Indian industry leaders on new investment prospects

Dubai - Arab Today

Dubai Investment Development agency, Dubai FDI, an agency of the Department of Economic Development, DED, along with its business development services partner, Morison Menon Ltd., will embark on a two-day mission to India to update business leaders and professional as well as industry associations on the growth prospects in Dubai. "India has remained the number one trade partner for DubaiRead more

Global FDI to fall up to 15% in 2016: UNCTAD report

Geneva - XINHUA

Global Foreign Direct Investment (FDI) flows are expected to drop to between 1.5 and 1.6 trillion U.S. dollars in 2016, the United Nations Conference on Trade and Development(UNCTAD) said in a report on Thursday. According to estimates from UNCTAD's latest Global Investment Trends Monitor, the 2016 figure registers a fall of 10 to 15 percent from 2015. Meanwhile, the UNCTADRead more

Explore Ways to take UAE-India Economic Relations

Sharjah - Arab Today

This year’s Sharjah Foreign Direct Investment Forum (Sharjah FDI Forum 2016), which takes place September 28-29, at the Sheraton Sharjah Beach Resort & Spa, will host a panel discussion to explore the strategic relationship between the UAE and India. Titled ‘Growing Trade Links between India and the UAE,’ the activity will form a central plank of the forum, which isRead more

China's foreign direct investment jumps 9.7% in June

Beijing - QNA

Foreign direct investment (FDI) into the Chinese mainland rose 9.7 % year on year to 15.23 billion U.S. dollars in June, the Chinese Ministry of Commerce said. This compared with a 1% decline registered in May. In the first half of 2016, FDI, which excludes investment in the financial sector, rose 5.1 % year on year to 69.42 billion dollars,Read more

New FDI in South Korea Hit New Record High in H1

Seoul - QNA

New foreign direct investment (FDI) pledged to South Korea hit a new record high in the first six months of the year despite rising business uncertainties at home and abroad, the government said Monday. Fresh FDI committed to the country in the January-June period came to US$10.52 billion, up 18.6% from $8.87 billion a year earlier, according to the MinistryRead more

Global FDI hit highest level since pre-crisis peak

Geneva - XINHUA

Global foreign direct investment (FDI) flows rose to 1.76 trillion U.S. dollars in 2015, hitting their highest level since pre-crisis peak in 2007, according to an annual report published on Tuesday by the UN Conference on Trade and Development (UNCTAD). "A 38 percent jump in flows gives hope that global FDI is at long last returning to a growth path.Read more