Business & Management

Iraq offers US$30bn FDI opportunity, says Frost & Sullivan

Iraq is focusing on the oil and gas value chain, downstream value chain, minerals value chain and tourism and financial services to move the GDP growth rate by six per cent annually in the next eight years. (Image source: lachicaphoto/Flickr)

In line with Iraq?s ambitious aim to implement a stable macroeconomic framework in the country, the government seeks to unlock potential investment opportunities in both the oil and gas as well as non-oil sectors, said Frost & Sullivan, a global market research and analysis firm

Bahrain FDI grows 114 per cent as reforms boost investment

Bahrain enjoys an open and attractive economic and regulatory environment for international companies looking for a gateway to GCC and Middle East markets. (Image source: )

Foreign direct investment (FDI) inflows to Bahrain grew 114 per cent in 2017, according to data released by the United Nations Conference on Trade and Development (UNCTAD), the fastest growth rate in the GCC

Mubadala to launch US$400mn European tech fund

Mubadala aims to expand its fund of funds programme and invest in both established and emerging fund managers across the continent. (Image source: Jason Goh/Pixabay)

UAE-based Mubadala Investment Company has announced plans to create a US$400mn fund to invest in leading European technology companies

The UAE maintains positive economic growth

The Dubai Economy Tracker Index (DET) rose to 57.6 in May 2018 from 53.9 in April 2017, signalling the sharpest improvement in business conditions in over a year.

The UAE?s minister of economy said that preliminary estimates issued by the Federal Competitiveness and Statistics Authority (FCSA) indicate growth in the economic performance of the country in general; which came as a result of growth in oil resources and rise in international oil prices and growth in non-oil sectors