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Tag Archives: investment

Enhance cooperation: Qatar, Japan sign deals

DOHA: A cooperation deal in the field of information technology and communications was signed by the Ministry of Communication and Information Technology and Japan’s Ministry of Internal Affairs and Communications. Another agreement in the field of defence was signed by the defence ministries of both sides. The Supreme Council of Health signed a deal with Japan’s Ministry of Health, Labour ... Read More »

Enhance cooperation: Qatar, Japan sign deals

DOHA: A cooperation deal in the field of information technology and communications was signed by the Ministry of Communication and Information Technology and Japan’s Ministry of Internal Affairs and Communications. Another agreement in the field of defence was signed by the defence ministries of both sides. The Supreme Council of Health signed a deal with Japan’s Ministry of Health, Labour ... Read More »

Qatar’s investment in US jumps to $35 billion

DOHA: Investment opportunities are abound in the US for Qataris in various sectors. Citing recent announcements by top government officials, experts yesterday noted US is expected to attract an estimated over $35 billion worth of investments form Qatar over the next five years. Attending an economic forum hosted by the American Chamber of Commerce Qatar (AmCham Qatar) here the other ... Read More »

Qatar’s investment in US jumps to $35 billion

DOHA: Investment opportunities are abound in the US for Qataris in various sectors. Citing recent announcements by top government officials, experts yesterday noted US is expected to attract an estimated over $35 billion worth of investments form Qatar over the next five years. Attending an economic forum hosted by the American Chamber of Commerce Qatar (AmCham Qatar) here the other ... Read More »

Qatar’s investment in US jumps to $35 billion

DOHA: Investment opportunities are abound in the US for Qataris in various sectors. Citing recent announcements by top government officials, experts yesterday noted US is expected to attract an estimated over $35 billion worth of investments form Qatar over the next five years. Attending an economic forum hosted by the American Chamber of Commerce Qatar (AmCham Qatar) here the other ... Read More »

Indonesia’s BKPM expects slowdown in Q1 investment

JAKARTA: Investment Coordinating Board (BKPM) deputy director for investment monitoring and implementation Azhar Lubis said realized investment during the first quarter was expected to range between Rp 115 trillion (US$8.9 billion) and Rp 120 trillion. This would amount to less than 25 percent of the full-year target of Rp 519.5 trillion or almost the equivalent of the Rp 120.4 trillion ... Read More »

Driscoll’s to plough in €3 million in Portugal

LISBON: After a huge success of the trade of Portuguese fruit and vegetables in a trade fair in Berlin, the berry giant Driscoll’s announced to put in another €3 million into the operations of Portugal. It’s a move that will see this little corner of Europe finally up there with the ‘big boys’ – proving that Portugal’s climate has so ... Read More »

Philippines starts road shows in Singapore to get assistance for 11 major infrastructure projects

MANILA: In order to stimulate support from foreign companies to invest in 11 major infrastructure projects worth P280 billion under the government’s public private partnership (PPP) program, the Philippines government has started a series of International road shows in Singapore. PPP executive director Cosette Canilao showcased the PPP projects during the Philippines – Singapore Business Council Forum held in Singapore ... Read More »

S$15b bilateral trade: Singaporean businesses urged to increase investment in Philippines

SINGAPORE: At a Philippines-Singapore Business Council Forum, the businesses in Singapore have been recommended to invest in Philippines because of the growing economy of the country. The Philippines-Singapore Business Council Forum was held on Wednesday. It is an annual event co-organized by the Singapore Business Federation and Makati Business Club. Bilateral trade between the Philippines and Singapore hit S$15 billion ... Read More »

Irish airline Ryanair holds rising airport taxes responsible for decreasing investment in Portugal

LISBON: Ryanair, which is the Irish ‘low-cost’ airline, has put the blame for strangling investments in Portugal because of its ‘ever increasing airport taxes’. The announcement came as secretary of state for infrastructures, transport and communications Sérgio Monteiro confirmed airport taxes have increased 17% at Lisbon airport since airport operator ANA was privatized in 2013. During a press conference in ... Read More »

Canadian-owned Hungarian unit Linamar launches HUF 5 billion investment in Oroshaza

BUDAPEST: The Canadian-owned Hungarian unit, Linamar which is the farm machinery and automotive parts manufacturer has launched a HUF 5 billion investment in Oroshaza in south eastern Hungary. The project, which is expected to create 150 jobs, was supported with a HUF 1.6 bln European Union grant. According to the expectations of Hungary’s economy minister Mihály Varga, the company will ... Read More »

Qatar invests £30b in UK, Lord Mayor of London opens new British Chamber

DOHA: With investment worth an estimated £30bn in the UK, Qatar is looking to further expand its stakes in Britain. To boost the bilateral trade and to help the Qatari and British companies strengthen their investments in both countries, Lord Mayor of the City of London Alderman Alan Yarrow opened the premises of the new British Chamber of Commerce in ... Read More »

Vietnam, India want to strengthen trade, investment

HANOI: The Southeast Asian nation is an attractive destination in investment and trade for foreign firms in Asia, including those from India, as it is expected to become a large regional economy in the future, Kher stated at the India Vietnam Business Meet. Kher headed a delegation of 50 leading Indian businesses in many fields to join a working trip ... Read More »

Italy suffers loss of €16 billion investment due to mafia incursion

ROME: Mafia infiltration in Italy’s institutions is discouraging foreign investors and costing the country €16 billion in potential investment between 2006 and 2012, the head of Italy’s central bank said here the other day. Speaking during at an anti-mafia parliamentary committee hearing in Rome, Ignazio Visco said that crime had a “negative effect on investments in general”, especially those coming ... Read More »

China to enhance investment in Kenya to boost infrastructure

CHINA: China’s foreign minister Wang Yi emphasized on strengthening commercial ties with Kenya while he was on a visit to Kenya’s capital Nairobi as part of a tour of African nations. A statement released by the office of Kenyan president, Uhuru Kenyatta, Wang said his mission was “to strengthen the existing bilateral co-operations between Kenya and China and chart new ... Read More »

Italy suffers loss of €16 billion investment due to mafia incursion

ROME: Mafia infiltration in Italy’s institutions is discouraging foreign investors and costing the country €16 billion in potential investment between 2006 and 2012, the head of Italy’s central bank said here the other day. Speaking during at an anti-mafia parliamentary committee hearing in Rome, Ignazio Visco said that crime had a “negative effect on investments in general”, especially those coming ... Read More »

Russia must switch to technology exports to overcome crisis: Experts

MOSCOW: The current crisis in Russia is the perfect time for investment and creating a new model of development. Switching to technology exports would help the country overcome the crisis as fast as it can, speakers at the Gaidar Economic Forum in Moscow said here the other day. Although the current geopolitical issues and the situation on the global oil ... Read More »

KSE 100-index adds another 251pts, up 0.77% to end week on bouyant note

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 251.26 points or 0.77 percent to reach 32731.61 points and volume of 235,201,230 shares on Friday. Fueled by bull-run, Karachi Stock Exchange continued to cheer up as benchmark 100-index gained another 179.54 points or 0.55 percent to reach all-time-high of 32659.89 points, rekindling hope for 33,000 thresholds in midday trading. There prevails ... Read More »

Al-Sisi puts three conditions before China to work on development projects in Egypt

TOKYO: President of Egypt Abdel Fattah Al-Sisi visited China in order to pursue talks on infrastructure projects in Egypt. Al-Sisi emphasized on the pursuit of Egypt for investments in infrastructure, energy, railways and ports development.   Egyptian-Chinese Business Council (ECBC) member Sherif Al-Gably, reported that a range of Chinese and Egyptian companies participated in the meeting; “Al-Sisi put the most important ... Read More »

Saudi Arabia launches $30 billion projects to develop shipping sector

JEDDAH: Saudi Arabia’s shipping sector is growing to an exponential level as many projects which are on the go are to be undertaken, worth more than $30 billion aiming profit. Experts presented a series of papers to more than 200 delegates at the inaugural Saudi Maritime Congress recently that highlighted the kingdom’s rapid seaport infrastructure development and overall investment in ... Read More »