The Briefing

Weekly business & investment updates curated for you.

Erbil Rotana

Renewables — Germany has been investing heavily in renewables, as part of the government's Energiewende initiative to transition away from fossil fuels and nuclear power to a low carbon, environmentally sound, reliable, and affordable energy supply by 2050.

Renewables — The new Atlas charts data from 54 countries, and shows the energy potential of Africa and opportunities for investmentto meet the continent’s energy needs.

Infrastructure — The $668 million initial public offering of IRB InvIT Fund, India's first-ever infrastructure investment trust, drew a reasonably strong demand from investors amid hopes of a boom in spending to improve the south Asian nation's roads, railways and ports.

Oil & Gas — Iranian deputy oil ministry Hossein Zamani-Nia said that $50-80 billion worth of foreign investment is expected to be attracted to Iran’s energy projects, including $10 billion into the petrochemical sector in near future. In total, $185 billion worth of investments is needed, he said.

High-Tech — Apple plans to create a $1 billion fund to invest in U.S. companies that perform advanced manufacturing, the iPhone maker's latest effort to show how it is creating U.S. jobs.

Travel & Tourism — The announcement by Qatar Airways last week to offer free one-night stay in country’s luxury hotels will boost the tourism sector of Qatar. Industry experts believe that the free stay offer is strong enough to lure transit passenger to extend their stay in Doha.

Maritime — DP World will invest $1 billion in India's marine infrastructure. This will be in addition to its existing $1 billion investment, DP World's Group Chairman and CEO Sultan Ahmed Bin Sulayem said. The Dubai-based operator is looking at several investments in India in the logistic sector and online transactions of customs services.

Healthcare — Saudi Arabia is seeking foreign investment in its healthcare industry as it plans to turn hundreds of government-owned hospitals and thousands of primary care centres into better-run corporations.

The Briefing

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

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