Foreign investments

Foreign investment in Egyptian oil sector drops 26.02%, minister says

Bitcoin hit a new high on Wednesday after taking another step towards mainstream status as the world’s largest cryptocurrency made a foray on Wall Street. A Bitcoin exchange-traded futures fund (ETF), a type of financial instrument, debuted on the New York Stock Exchange on Tuesday. The Bitcoin Strategy ETF rose almost 5% on its first […]

Foreign investments

K’taka makes strong plea for more foreign investment at Dubai Expo 2020

Underlining the “dominant position” of Karnataka in the aerospace and defense sector, the state government on Sunday made a strong plea for more foreign investment in these sectors, during the Dubai Expo 2020 . In a keynote address at the session on Opportunities in the Aerospace, Defense and Space Sectors of Karnataka at Dubai Expo […]

Foreign investments

Central bank suggests Padma seeking foreign investment

The Bangladesh Bank has suggested that Padma Bank – formerly Farmers Bank – vigorously seek foreign investment to finance its activities. In an Oct. 5 letter to the Financial Institutions Division, the central bank said it would be best if Padma Bank could fill its capital gap by bringing in investment from abroad. Earlier in […]

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

Saudi Arabia Launches New Committee To Review Foreign Investment | Pillsbury – Global Trade Law and Sanctions

On September 14, 2021, the Cabinet of Ministers of the Kingdom of Saudi Arabia launched a new Standing Ministerial Committee for the Review of Foreign Investments (CEFI) that would review foreign investments for potential threats to national security. This development comes at an important time as the Kingdom opens its doors to foreign investment in […]

Foreign investments

Is China’s push for self-sufficiency hurting or hurting foreign investment?

VSHina increasingly strives for self-reliance in several areas as President Xi strives to build the country’s internal independence. Foreign investors and businesses are often divided over whether this is a bargain for operations or a downside with long-term consequences. Two reports have been released that highlight the wide perspective gap between foreign entities doing business […]

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

Ghana ready for more foreign investment in agriculture sector – Dept. Agric Minister

Deputy Agriculture Minister Mohammed Hardi Tuferu urges foreign investors to take advantage of Ghana’s conducive business environment and invest in the country’s agricultural sector. He says the country is ready for business and the government hopes to raise US $ 3 billion this year in foreign direct investment, half of which is in the manufacturing […]

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. […]