The Briefing

Weekly business & investment updates curated for you.

Erbil Rotana

Egypt — Major international oil companies say they plan to step up their investments in Egypt, expecting to find more oil and gas now that ENI's giant Zohr gas discovery has put its Mediterranean waters on the map.

Ethiopia — Foreign direct investment in Ethiopia dropped by a fifth in the first half of the country’s fiscal yearafter violent anti-government protests in which foreign-owned businesses were targeted.

Kazakhstan — Kaznex Invest revealstop four sectors, food manufacturing, the chemical industry, machinery and retail trade, for international investors.

Malta — Foreign direct investment flows in Malta in the first six months of last year went up by €1.9 billion, equivalent to an increase of €455.6 million over the corresponding flows in the previous year.

Mexico — Foreign direct investment in Mexicofell 5.8 percent in 2016, compared with the prior year, but it jumped in the fourth quarter.

Romania — Non-residents’ direct investment in Romania amounted to almost €4.1 billion last year, up 18% over 2015, according to estimates released by Romania’s National Bank. This represents the highest level after the economic crisis.

Turkey — The direct capital investment in Turkey rose to its highest in 17 months at nearly $2 billion in December 2016, with nonresidents making the greatest direct investment of $1.3 billion in banks last year.

The Briefing

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