The Briefing

Weekly business & investment updates curated for you.

Erbil Rotana

Angola — Mining projects that have been identified and are ready to be launched in Angola will require an investment of $1.58 billion.

Bahrain — Bahrain expects 15 million visitors by 2018 and attracted more than 11 million visitors in 2015. Economic Development Board expects tourism market revenue to reach $1 billion by 2020.

China — Chinese firms are on a record-breaking shopping spree, snapping up foreign firms like never before. They have already announced a whopping $108.5 billion in foreign deals so far this year, topping the $106 billion total for the whole of last year.

Iran — South Korean president has announced the adoption of a financial support package worth $25 billion for infrastructure investment in Iran.

Nigeria — FDI inflow to Nigeria has sunk to its lowest level since 2007, hitting $710 million in the first quarter of 2016.

Oman — The Ministry of Tourism, Oman, has revealed that up to $35 billion will be invested in the tourism industry of the Sultanate over the 25 years.

Philippines — Investment pledges approved by the Board of Investments (BOI) soared 13 percent in the first quarter of the year. The BOI approved P61.94 billion worth of investments in the first three months of 2016, up 13 percent from the P54.62 billion recorded in the same period last year.

Qatar — Qatar ranks the second most attractive country for infrastructure investment across the globe despite low oil prices hindering such investment.

Thailand — Thailand’s latest solar projects are expected to boost investment by around $512 million in 2016.

Turkey — Turkey will need to invest $110 billion in energy projects to meet its long-stated goal of becoming one of the world's top ten economies by 2023.

The Briefing

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

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