Egypt’s inflation rate unexpectedly slowed in April, falling to 14.9% from 15.2% in March. While prices are still rising quickly, this is a huge improvement from the record 38% inflation rate seen in 2023. Inflation […]
China’s electric vehicle (EV) industry is accelerating into international territory, investing more overseas in 2024 than at home for the first time on record. A new report from the Rhodium Group reveals a significant shift: […]
Nvidia is making bold moves in India’s booming tech market! At their AI Summit in Mumbai, CEO Jensen Huang, joined by Bollywood superstar Akshay Kumar and Reliance’s Mukesh Ambani, announced major collaborations aimed at transforming […]
The UK government is set to introduce a ban on foreign government ownership of British newspapers and news magazines. This decision follows the contentious proposed acquisition of the Daily Telegraph and the Spectator by RedBird […]
The Indian government has taken a giant leap in the space sector by amending its Foreign Direct Investment (FDI) policy to encourage global participation. With the approval of the Union Cabinet, the space sector, including […]
Major Japanese automotive manufacturers have pledged an investment of 150 billion baht ($4.34 billion) into Thailand over the next five years. This substantial investment is aimed at bolstering Thailand’s transition to electric vehicle (EV) production, […]
Saudi Arabia has recently unveiled a compelling tax incentive program, providing a 30-year exemption from corporate income tax for foreign companies moving their regional headquarters to the Kingdom. This initiative is a part of Saudi […]
Nigeria is making strategic moves in the global lithium market. The country has tightened rules around mining its lithium minerals due to the increasing demand from foreign mining companies. The Nigerian government has mandated that […]
China is making significant moves to attract foreign investment by easing its capital controls. In a bold step, China has allowed foreigners in its major cities, Shanghai and Beijing, to move their money freely in […]
China’s investment in Europe has taken a “green” turn, as they increasingly fund eco-friendly ventures like electric vehicle battery production. In 2022, over half of Chinese investment in Europe was in new projects rather than […]
According to the latest UN figures, the Chinese economy attracted $163 billion in foreign direct investment last year. This 4% year-on-year increase is in contrast to the US economy’s 46% decline from $251 billion in […]
In the latest World Investment Report by the United Nations Conference on Trade and Development (UNCTAD), it was announced that Egypt held on firm to its position as the most attractive country for foreign direct investment (FDI) […]
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