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Qatar, Australia sign open skies agreement ARABIA

Qatar, Australia sign open skies agreement

Qatar and Australia on Thursday signed an open skies agreement to operate a number of passenger and cargo flights with full traffic rights, the official Qatar News Agency (QNA) reported.

4:45 AM November 25 2016
Myanmar's Suu Kyi visits Japan, seeking investment INTERNATIONAL

Myanmar's Suu Kyi visits Japan, seeking investment

Myanmar leader Aung San Suu Kyi arrived in Japan on Tuesday to court investment and aid, as an upsurge in violence against a persecuted Muslim minority at home posed the worst crisis ...

4:45 AM November 25 2016
China woos key India ally Bangladesh with investment INTERNATIONAL

China woos key India ally Bangladesh with investment

Bangladeshi leaders on Friday welcomed the first Chinese president to visit in three decades, seeking to secure much-needed infrastructure investment without alienating China's main regional rival India, a key ally.

4:45 AM November 25 2016
Qatar-Indonesia joint investment fund in ‘final stages’ ECONOMY

Qatar-Indonesia joint investment fund in ‘final stages’

The $1bn joint investment fund (JIF) by Qatar and Indonesia, which was reactivated by state leaders in 2015, is nearing its final stages, and is expected to fund major infrastructure and energy projects, an official has said.

4:45 AM November 25 2016
Dubai's DP World to manage Somaliland port ASIA

Dubai's DP World to manage Somaliland port

Dubai-based ports operator DP World said Monday it had won a concession to manage a port at Berbera in the breakaway republic of Somaliland for 30 years, in an investment of up to $442 million.

4:45 AM November 25 2016
EU hits Apple with €13bn Irish tax demand INTERNATIONAL

EU hits Apple with €13bn Irish tax demand

The European Commission ordered Apple Inc. to pay Ireland unpaid taxes of up to €13bn ($14.5bn) on Tuesday as it ruled the firm had received illegal state aid.

4:45 AM November 25 2016
Qatar witnesses marginal increase in inward foreign investments ECONOMY

Qatar witnesses marginal increase in inward foreign investments

Overseas loans and trade-related short-term financial instruments largely helped Qatar in covering the decline in inward foreign direct investment (FDI) and portfolio investments ...

4:45 AM November 25 2016
Qatar push to attract foreign investors ARABIA

Qatar push to attract foreign investors

Qatar hopes to increase the role of foreign direct investment as "one of the main drivers of economic development" over the medium and long term, said HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani.

4:45 AM November 25 2016
Qatar 'most active' in debt capital markets: Report ECONOMY

Qatar 'most active' in debt capital markets: Report

Qatar was the “most active” nation in the Middle East accounting for 41% of overall activity in the debt capital markets, a report has shown.

4:45 AM November 25 2016
India announces sweeping reforms to foreign direct investment rules ECONOMY

India announces sweeping reforms to foreign direct investment rules

India announced sweeping reforms to rules on foreign direct investment, opening up its defence and civil aviation sectors to complete outside ownership and clearing the way for Apple to open stores in the country.

4:45 AM November 25 2016
Lanka’s investment in disaster risk insurance gives fast payoff INTERNATIONAL

Lanka’s investment in disaster risk insurance gives fast payoff

On April 1, the Sri Lankan government paid 300mn rupees ($2mn) as a premium to buy its first national natural disaster

4:45 AM November 25 2016
Sri Lanka to abolish strict forex regulations INTERNATIONAL

Sri Lanka to abolish strict forex regulations

Sri Lanka on Thursday announced plans to lift six-decade-old restrictions on foreign exchange flows and allow free transfer of money in and out of the island, to encourage investment in the struggling economy.

4:45 AM November 25 2016