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
Investment
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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
IMF approves $3bn support package for Egypt
The International Monetary Fund has approved a deal that will provide a $3bn support package to cash-strapped Egypt over almost four years, with the agreement expected to draw in an additional $14bn in financing for the country. According to …
Jordan, Algeria on new stage of cooperation
Economists have praised the outcomes of King Abdullah’s state visit to Algeria
New islands to appear in Dubai
The Dubai Islands project will comprise five islands over an area of 17 square kilometres
Kyrgyzstan offers investment residence permit
In Kyrgyzstan, residence permits for foreigners will be issued for an investment of $250,000. The relevant decision was made during a meeting of the Cabinet of Ministers of the republic. "At a regular meeting of the Cabinet of …
Saudi Arabia partners with South Africa to grow communication and IT sectors
Saudi Arabia’s Ministry of Communications and Information Technology has signed a memorandum of cooperation with South Africa’s Department of Communications and Digital Technologies to enhance development in the fields of …
Georgia ranked 13th for investor interest among 100 states
Georgia has been ranked 13th among the United States, Great Britain, China and the world’s major economies in Bloomberg Media’s recent ranking for investor interest, Georgian economy minister Levan Davitashvili said. …
Japanese private sector can invest more in Egypt
Egyptian PM discusses bilateral relations with Japanese counterpart
Sharif seeks help in Qatar
Pakistan Prime Minister Shehbaz Sharif has travelled to Qatar in the hope of generating trade and investment for his cash-strapped country
The UK Aims To Fight Back Against China Trade & Investment In Asia
The United Kingdom’s exit from the European Union (Brexit) has left the country looking for new trade partners. Much of this has centered upon Asia, where the UK maintains relatively strong ties with members of the Commonwealth, namely …
Tokayev calls for attracting foreign capital to Kazakhstan’s economy
At a meeting with the manager of the Astana International Financial Center, Kairat Kelimbetov, President of Kazakhstan Kassym-Zhomart Tokayev announced his desire to attract foreign investment in the economy of the republic, the press service of …
Turkey to extend incentives for $10bln Black Sea gas field development
Turkey will be extending government support for the massive project to develop the natural gas field it discovered in the Black Sea, according to a presidential decree. The state energy company Turkish Petroleum Corporation (TPAO) …
World Bank allocates $400 mln to Georgia
World Bank will allocate $400 million for the Human Capital Programme for Georgia, calling it “the largest cross-sectorial investment” for the country over 30 years of partnership. The World Bank Board of Executive …
Hilton and Hyatt suspend business development in Russia
US-based Hilton and Hyatt hotel chains made the decision to suspend development of their business in Russia due to the situation around Ukraine, press services of companies said. "We have made the decision to suspend our …
Turkey to pour ‘under the mattress’ gold in its financial system
Turkey will expand its drive to lure savers back to the lira next week with a scheme aimed at bringing billions of dollars worth of “under the mattress” gold into the banking system, the country’s finance minister told investors during a visit to London
