The sector’s exports increased 39,3% in this year’s Q1, according to the manufacturers’ association, Abraciclo.
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The Abu Dhabi National Oil Company (ADNOC) is offering for competitive bidding six oil and gas production and exploration concessions.
Public officials and private sector representatives attended the Annual Investment Meeting to pitch projects and showcase the country’s potential.
An Egyptian government organization was named the best investment promotion authority in the Middle East and North Africa, during the Annual Investment Meeting in Dubai.
FDI flows have moved into industry, services and renewable energies, and away from exploration of natural resources, the ECLAC said at the Annual Investment Meeting in Dubai.
The French-inspired Maison Alexandrine will be on parade in the first-ever event of its kind in Saudi Arabia.
The numbers were reported by Fatima Al Arabi, investment manager and consultant, who attended the Annual Investment Meeting in Dubai. Private equity and venture capital firms have, currently, USD 1 trillion available.
Investment in the field is deemed essential in order for a country to transition into a high technology-, connectivity-based economy.
In the month’s first week, there was a surplus of USD 1.4 billion. Year-to-date, exports have been exceeding imports in over USD 15 billion.
The Annual Investment Meeting began this Monday in Dubai with the goal of connecting developing countries via foreign direct investments.
Revenue from foreign sales from Brazil to the United States, Bolivia, Israel and the United Arab Emirates declined the most year-on-year.
Minister of Investment Mubarak Al Mahdi goes in depth into ongoing projects involving funds from abroad, such as the new Khartoum Airport.
So said UAE minister of Economy Sultan Bin Said Al Mansoori at the opening of the Annual Investment Meeting in Dubai this Monday (9).
On the eve of the Annual Investment Meeting, in Dubai, the deputy director-general of the World Trade Organization, Yonov Frederick Agah, has said that a trade war and protectionism could undermine the sector’s growth.
