Foreign investments

Trump’s Washington hotel has racked up millions in debt despite foreign investment

Donald Trump’s Washington hotel has racked up more than $ 70 million in debt, while claiming the property is raking in millions, according to a series of explosive documents released by the House Oversight Committee. The committee, chaired by Representative Carolyn B. Maloney, DN.Y., has effectively undertaken the first formal review and public release of […]

Foreign investments

Mauritius Economic Development Council clarifies taxation of foreign investments

The Mauritius Economic Development Council has decided to insure South Africans with Mauritian trusts, in response to the confusion and concern of its members and clients over the taxation of foreign investments in the island country. The EDB responded to an article published on BusinessTech entitled: “Bad news for South Africans with cash stshed in […]

Foreign investments

The bulk of all foreign investment in Turkmenistan falls on Japan …

(MENAFN- Trend News Agency) In recent years, in cooperation with foreign organizations, around US $ 15 billion of foreign investment has been attracted to the economy of Turkmenistan. The president of the State Bank for Foreign Economic Affairs, Rakhimberdy Dzhepbarov, spoke about it in an interview with the official Turkmen press, Trend reports citing Oligas. […]

Foreign investments

Foreign investment: Indians invest record amounts in global debt, stocks and bank deposits

Resident Indians have invested in assets abroad for a record amount since the central bank led the way through the Liberalized Discount System (LRS). Indians have invested $ 1.53 billion in debt, stocks and bank deposits through the LRS since the pandemic-induced lockdown in March 2020, the highest since 2004-05 when the window was introduced, […]

Foreign investments

BOI invites foreign investment in SEZs

ISLAMABAD – The Board of Investment (BOI) has invited foreign investors, especially Chinese, to set up their business houses in Pakistan’s Special Economic Zones (SEZs). “We look forward to your high quality investments in Pakistan while enhancing B2B and P2P cooperation,” Fareena Mazhar, Secretary of the Pakistan Investment Board, said at the “Belt and Road” […]

Foreign investments

Foreign investment in Egyptian treasury bills increases to $ 22.866 billion in June 2021: CBE

The Central Bank of Egypt (CBE) revealed that foreigners’ investments in Egyptian treasury bills (treasury bills) reached $ 22.866 billion (or EGP 359.6 billion) in June 2021, up from around 22 , $ 25 billion (EGP 349.9 billion) in May 2021, an increase of $ 616 million. According to a recent CBE report, total outstanding […]

Foreign investments

Implementation of Plant Protection Law to Boost Exports and Attract Foreign Investment

The Nigerian Economic Summit Group (NESG) says the implementation of the Plant Variety Protection (PVP) law will boost exports, attract foreign investment and provide more food to Nigerian citizens. Laoye Jaiyeola, CEO of NESG, said this at a conference hosted by the National Agricultural Seed Council (NASC) in Lagos on Thursday. The PVP 2021 law […]

Foreign investments

India will continue to attract significant foreign investment: Piyush Goyal

NEW DELHI: Trade and Industry Minister Piyush Goyal on Saturday expressed confidence that India will continue to attract high foreign direct investment (FDI) during the current fiscal year. He said India received the most FDI on record during the Covid-hit period of 2020, unlike a contraction in global investment inflows. In 2020-2021, FDI in the […]

Foreign investments

United States: Bangladesh will continue to attract foreign investment

US State Department report finds Bangladesh lucrative for FDI despite pandemic-induced economic downturn across the world Bangladesh will continue to be resilient and attract foreign direct investment (FDI) to live up to its image as a preferred location for global investors, despite the economic downturn induced by Covid, according to a new report released by […]