Saudi Arabia to invest $100 billion in India

New Delhi: Saudi Arabia has said that it is looking at investing $100 billion in India in areas of petrochemicals, infrastructure and mining among others, considering the country’s growth potential. Saudi Ambassador Dr Saud bin Mohammed Al Sati has said India is an attractive investment destination for his country, the world’s biggest oil exporter, and […]

Dubai attracted Dh46.6 billion FDI in H1 2019

Dubai: Dubai has recorded strong growth in foreign direct investment (FDI) in the first half of 2019 with Emirate attracting FDI projects worth Dh46.6 billion, a growth of 135 per cent compared to the same period last year, according to Dubai Investment Development Agency (Dubai FDI). Sheikh Hamdan bin Mohammad bin Rashid Al Maktoum, Crown […]

Facebook, WhatsApp will have to share messages with UK

London: Social media platforms based in the US including Facebook and WhatsApp will be forced to share users’ encrypted messages with British police under a new treaty between the two countries, according to a person familiar with the matter. The accord, which is set to be signed by next month, will compel social media firms […]

Ras Al Khaimah waterfront developments lure global investors

Ras Al Khaimah is fast-emerging as one of the preferred investment destinations for investors globally in addition to evolving as a leading tourism destination for families. In fact, the emirate’s surge as an investment destination reflects the success of the government’s vision for economic diversification and focus on strengthening tourism and hospitality sectors. An in-depth […]

RAK ICC facilitates international trade and commerce

Dr Sameer Al Ansari, CEO, RAK ICC, on the wide-ranging benefits offered by the corporate registry to international businesses. How does RAK International Corporate Centre (RAK ICC) position itself as a premium international jurisdiction? RAK ICC has taken steps to develop its products and services that compete favourably with other jurisdictions. This provides shareholders with […]