Kuban businessmen invest in local industry
In Kuban, private investment in the development of the industrial complex has almost tripled
Investment
Luxury resort Ras Ghamila to appear in Egypt
In Egypt, on the Red Sea, investors from Saudi Arabia plan to build a new luxury resort. It is planned to develop an area in the north of Sharm el-Sheikh, near the Ras Ghamila reef, which is beloved by divers.
Novak announces increased investment to North Caucasus Federal District
Russia's Deputy Prime Minister Alexander Novak said that 2023 was a period of economic growth for the North Caucasian …
Novorossiysk to spend over 85 bln rubles on investment projects this year
This year, Novorossiysk intends to develop large-scale investment projects
Kizlyar Brandy Factory increases investments in development
The Kizlyar Brandy Factory invested 663 million rubles in development in 2023, which is 2.2 times more than in 2022, General Director Evgeny Druzhinin said. The funds were used for re-equipment, modernization and the overhaul of fixed …
Largest bank in Spain may start operating in Uzbekistan
The European bank Santander, which is the largest bank in Spain, may start operating in Uzbekistan. Santander is ready to provide a loan of $500 million for investments in Uzbekistan.
Azerbaijan becomes one of leading destinations for investors
Azerbaijan is among the top ten priority markets for foreign investors. This happened due to the country's stable macroeconomic indicators.
Azerbaijan increases investments in Russia
Azerbaijan's investments in Russia have increased almost 4 times
West cuts Georgian investment
Since the beginning of the year, foreign investment in Georgia has decreased by 34%, and in Q3, it fell by over 61%.
New industrial parks to attract investors to Kaspiysk
Two industrial parks will be created in Kaspiysk
Erdoğan embarks on Gulf tour to agree new investment deals
Turkish President Recep Tayyip Erdoğan is embarking on a trip to the Gulf on July 17, marking his first post-reelection multicountry tour that is expected to yield new agreements to further diplomacy and economic cooperation with the region. …
Who buys property in UK
Why and how HNW investors from the Middle East region are targeting sectors such as UK real estate, including commercial property
Abu Dhabi, Shenzhen and Doha become new culture capitals
The number of new museums, opera houses and theatres in ambitious and cash-rich Asian and Middle Eastern countries outstrips those in Europe and the US
Sri Lanka seeks aid from wealthy Gulf countries
Sri Lankan Minister of Foreign Affairs Ali Sabry has held talks with ministers and senior officials in Saudi Arabia, as the crisis-hit island nation seeks to boost cooperation with the Kingdom and other Gulf countries. …
China elevates relations with Middle East to new level
By investing strategically in critical sectors in GCC countries, China has become one of the top economic partners
Algeria alleviates tourists' burden
Algeria will issue visas on arrival to tourists heading to its south
Georgia and Qatar discusses investment cooperation
Georgian Prime Minister Irakli Garibashvili met CEO of Qatar Investment Authority Mansoor Bin Ebrahim Al-Mahmoud on Tuesday during the ongoing World Economic Forum in Davos. Following the meeting, Garibashvili tweeted he had …
Dagestan implements five investment projects
According to the press service of the Dagestan Agency for Entrepreneurship and Investments, five investment projects worth 8 bn rubles will be implemented in the republic this year. "This is the construction of the Makhachkala wind …
Gold prices could surge to $4,000 an ounce
as interest rate hikes and recession fears keep markets volatile
Oman Investment Authority aims to spend $5 bn on projects
Oman Investment Authority, the Gulf state’s sovereign wealth fund, aims to spend 1.9 billion rials ($4.95 billion) on investment projects in 2023
