fDi Markets Newswire:

Oman oil dependence

Utilising FDI to diversify GCC economies

FDI could help Gulf Co-operation Council member countries diversify their oil-reliant economies, but it would require a proactive and coordinated approach by governments, local businesses and foreign investors, writes Yousuf Hamad of Oman's Supreme Council for Planning. 

Mothetjoa Metsing

Lesotho deputy PM looks to move up the development scale

Its categorisation as a 'least developed country' says much about Lesotho's current economic condition, but the country's deputy prime minister, Mothetjoa Metsing, tells Natasha Turak how the government is investing in its people and improving its business climate to attract more FDI and boost its economic outlook. 

Lesotho clothing industry

Lesotho looks to break down FDI barriers

The urgent need for jobs in landlocked Lesotho has led the government to pursue a strategy of investing in training, education and labour-intensive industries, while addressing issues such as corruption and the ease of doing business in the country.

An AJS truck at work

Battle-hardened AJS Transport and Logistics extends reach beyond Angola

AJS Transport and Logistics built its business during Angola’s 27-year civil war, during which time it learned the value of investment in communities and personnel, as CEO Luis Silva explains to Natasha Turak.

View from the Middle East and Africa: Iran joins Gulf peers as aerospace investor

Iran is reconnecting to the world via the air, joining the other Gulf countries that invest heavily in the aerospace and defence sector.

Giorgi Kvirikashvili

Georgian prime minister eyes Middle East's deep pockets

Giorgi Kvirikashvili, the prime minister of Georgia, tells Courtney Fingar how he is hoping his tax reforms, reduction in red tape and infrastructure improvements will help attract further inflows from the countries of the Middle East. 

Guinea’s prime minister looks to investment in post-Ebola landscape

Following the Ebola epidemic, Guinean prime minister Mamady Youla has created a four-pronged programme for recovery. By creating a business-friendly environment to attract investment, the former private sector boss is hoping to boost economic growth to double digits by the end of the decade, he tells Natasha Turak.

Egypt and Saudi Arabia agree SR60bn joint investment fund

Egypt has strengthened its ties to Saudia Arabia with the agreement of a joint investment fund.

Standard Chartered opens online banking platform in Africa

Standard Chartered Bank’s new mobile and online offering aims to service 1 million users across Africa.

IMF warns Iran still has work to do

Iran should tackle money laundering and restructure its banks if it wants to attract optimal FDI, advises the IMF.

fDi on Location: Ras Al Khaimah

 

Ras Al Khaimah, is leveraging its location in the heart of one of the world’s top growth regions to become a magnet for both companies and tourists. fDi Magazine's editor-in-chief Courtney Fingar explores opportunities RAK has to offer.

fDi On Location: Sharjah

 

The third largest emirate in the United Arab Emirates, Sharjah, has to date kept a much lower profile than its better-known neighbours Abu Dhabi and Dubai. But that may soon be changing, as Sharjah sets out to raise its visibility on the world stage and to promote its strengths. 

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