The Briefing

Weekly business & investment updates curated for you.

Erbil Rotana

Tunisia to issue a new investment law — Tunisia hopes to double annual inflows of foreign investment over the next five years by pushing through legal reforms. Tunisia would issue a new investment law early next year to help the pace of investment with incentives and by reducing administrative procedures and bureaucracy. The country aims to attract investments worth $1.4 billion in 2016.

Vietnam FDI inflow soars — Vietnam received an estimated $11.8 billion in actual foreign direct investment in the first 10 months of 2015, up 16.3 percent from a year earlier.

Ecuador seeking FDI to develop mining industry — Ecuador plans to open up new mining areas for foreign investment in the first quarter of 2016, primarily for exploration of gold and copper reserves. Ecuador sees mining investment of $588 million next year and $1.5 billion in 2017, according to projections.

The Dubai Chamber strengthens business ties with Africa — The Dubai Chamber of Commerce is to open two new offices in Kenya and Mozambique in the first quarter of 2016.

UAE, Qatar among top valuable nation brands — The UAE and Qatar both feature in the top 10 list for nation brand strength, placing third and ninth respectively, according to Brand Finance's 'October 2015 Nation Brands' report.

U.S. - Qatar economic & investment ties — U.S. exports to Qatar reached $5.2 billion in 2014. This amount was almost double the amount of exports in 2011 ($2.8 billion). In September 2015, the Qatar Investment Authority, opened its first office in the United States with plans by the State of Qatar to invest $35 billion in the United States over the coming five years, over $7 billion of which has been invested in 2015.

Nigeria's telecom sector set to grow — An enabling environment would ensure that the telecom sector contribute 25 percent to Nigeria's GDP by 2025. The telecom sector attracted about $6 billion worth of investments which had accelerated ICT contributions to an estimated 10 percent between 2011–2013.

The Briefing

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