Dubai ranked among global top 3 FDI destinations
Despite the decline in greenfield foreign direct investment (FDI) globally at the beginning of 2020 due to the Covid-19 pandemic,...
Finance
Qatar’s ‘AA-’ ratings reflect its strong sovereign net foreign asset position: Fitch
Fitch Ratings has affirmed Qatar’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘AA-’ with a Stable Outlook. The ratings...
Enhancing Food security: Egypt increases 20/21 FY allocations for agriculture by 2%
The Egyptian government boosted the investment funds for the agriculture and irrigation sector in the new fiscal year 2020/2021, with...
Manateq offers incentives for investors in Al Khor, Al Karaana zones
The Economic Zones Company Qatar (Manateq) has announced attractive incentives and benefits for businesses and potential investors in its Al...
Iraq government to change public spending priorities
The Iraqi Cabinet has said at its regular meeting in Baghdad that it will change public spending priorities, but gave...
KRG Board of Investment establishes three new directorates to boost investment opportunities
The Kurdistan Region’s Board of Investment has decided to establish three new investment directorates in three different areas to increase...
Egypt and IMF agree on a $5.2bn stand-by arrangement
Egypt and the International Monetary Fund reached a staff-level agreement on a $5.2 billion stand-by arrangement that aims to alleviate...
Oman draws $28.6bn FDI till Q3 2019
The foreign direct investment (FDI) in Oman till the end of the third quarter of 2019 was RO11.04 billion ($28.68...
Saudi central bank injects $13.333bn to support liquidity of banking system
The Saudi Arabian Monetary Authority (SAMA) is set to inject $13.333 billion in the banking system to enhance the liquidity...
Egypt’s Trade Minister: MSMEDA funds 48,743 projects by LE1.19 bn in 4 months
The Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) funded 48,743 micro and small-sized enterprises by EGP 1.19 billion...
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