The Briefing

Weekly business & investment updates curated for you.

Erbil Rotana

Bahrain — Bahrain’s sovereign wealth fund plans to invest more than $400 million this year on international deals as it seeks to further diversify away from domestic assets.

Egypt — The government aims to attract investments worth $20 billion to implement the goals of Egypt’s 2030 vision, such as increasing GDP to 7%.

GCC — Led by Saudi Arabia and the UAE, approximately $2 trillion worth of projects are in the pipeline in the oil-rich GCC countries.

Iran — India has announced it will invest up to $500m in a deal to develop a port in Iran as part of series of projects both say are worth hundreds of millions of dollars.

Kazakhstan — Chevron and its partners agreed to invest up to another $37 billion to increase output at a Kazakhstan oil field that is among the world’s most expensive, a rare big spending commitment during a prolonged crude price slump.

Qatar — Qatar’s Economy and Commerce Minister has identified $19.7 billion investment opportunities in the sport sector head of the FIFA World Cup in 2022.

Saudi Arabia — General Electric agreed to invest as much as $3 billion in Saudi Arabia in partnership with several companies, including Saudi Arabia’s state-owned oil company, Saudi Aramco.

Turkey — Turkey aims to make a swift move in terms of achieving its 2023 targets, including the goal of $2 billion in economic growth.

The Briefing

Weekly curated news, tips & opportunities for the global business community

Thanks! You are signed up to our briefing updates.