The Briefing

Weekly business & investment updates curated for you.

Erbil Rotana

Foreign Investment

With an inflow of Dh25.5 billion in 2016, Dubai has succeeded in maintaining its position among the top 10 global cities in attracting FDI. That was a solid 27.5 percent increase over the previous year, when it had booked Dh20 billion.

Foreign direct investment in China rose 6.7% in March to 87.83 billion yuan ($12.75 billion). In the first quarter, China attracted CNY226.51 billion in foreign investment, a 1% increase from a year earlier, according to the Commerce Ministry.

Renewables

More renewables installations were added to the world’s power supply for less money last year. But a market correction may be just around the corner. Investment in renewables, excluding large hydro projects, fell last year by 23% to $241.6 billion while the amount of new capacity installed reached the highest amount to date, according to a new report by the UN Environment Programme, the Frankfurt School of Finance and Management and Bloomberg New Energy Finance (BNEF).

Infrastructure

Rising pace of urbanization in India is expected to need investments worth $20 trillion by 2040 to create infrastructure as over 70% of India’s population will move to urban areas.

Lebanon is seeking $10-12 billion in infrastructure investmentfrom the international community over the next seven years to cope with the huge presence of Syrian refugees in the country.

Sustainable Cities

Leaders from the City of Portland and Multnomah County have committed to 100 percent clean energy by the year 2050.

Energy

Global demand for oil is finally close to outstripping supply after nearly three years of surplus production, despite growth in the overhang of unused crude, according to the International Energy Agency. The agency said oil stocks across the OECD fell by 17.2 million barrels in March. Over the first three months of the year, stocks were up by 38.5 million barrels, or 425,000 bpd, after a large increase in January.

High-Tech

Flipkart, India's leading e-commerce marketplace, announced that it has received investments totalling $1.4 billion from Microsoft, eBay and Tencent, taking the company's value to $11.6 billion.

IT & Telecom

IHS data is the estimation that chipmakers are spending a combined $200 billion a year on investments in 5G technologies. Here's How To Invest In The 5G Data Revolution.

Aviation

JetBlue has made an investment in Zunum Aero, a Kirkland, Washington, startup that hopes to have a hybrid electric airplane flying in about two years.

Travel & Tourism

The World Economic Forum has, for the past 11 years, engaged leaders in travel and tourism to carry out an in-depth analysis of the Travel and Tourism competitiveness of 136 economies across the world. Download the report.

Retail

Goldman Sachs Asset Management has become the first asset manager to register foreign investment funds for retail investorsin the United Arab Emirates.

Loblaw will invest $1.3 billion in developing 30 new stores and remodeling 500 existing stores across Canada this year.

Agriculture

The Kazakh economy was backed by the agricultural sector in 2016, however, the level of investment remains low, rising just 3.3 percent of the total investment volume.

The European Bank for Reconstruction and Development (EBRD) in 2017 plans to invest EUR150-200 million in Ukrainian agriculture.

Healthcare

Dalian Wanda Group will invest $10 billion in a health parkin China's southwest, as some of the country's biggest companies look to tap demand for private healthcare.

The Briefing

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

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