The Briefing

Weekly business & investment updates curated for you.

Erbil Rotana

China — China is pledging more than $100 billion to finance projects under its "One Belt, One Road" strategy, an ambitious initiative to strengthen the world's second-largest economy's investment, influence and trade links to the rest of the globe.

Germany — Foreign investment in Germany stayed at the same level year-on-year in 2016, despite the economy growing at its fastest rate for five years. The value of projects was stable at $6.9 billion after having nearly doubled in the previous year to reach the highest level on record.

India — India has zoomed past the US to take the second spot on a list of the world’s most attractive renewable energy markets. In their annual ranking of the world’s top 40 markets for investing into renewable energy, consultancy firm EY named China the world’s most attractive renewables market for 2017, followed by India.

Qatar — Qatar, the world’s richest country per capita has in recent months invested in Turkey’s biggest poultry producer, Russian oil giant Rosneft PJSC, and U.K. gas company National Grid. Qatar has amassed $338 billion in assets around the globe, making its sovereign wealth fund the 14th largest in the world.

Saudi Arabia — U.S. technology and engineering conglomerate GE signed $15 billion of business deals with Saudi Arabia as part of the kingdom's drive to diversify its economy beyond oil.

UAE — In three years, the UAE has grown the size of its investment in technology from $35 million in 2013 to $799 million in 2016, according to a new report released by Dubai SME.

United States— President Donald Trump will propose spending $200 billion in federal funds over 10 yearsto spur investment in the nation’s infrastructure.

The Briefing

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

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