Author: AFPWed, 2018-04-25 11:41ID: 1524656999414228700LONDON: Latte king Costa Coffee is to go it alone following pressure from activist shareholders on Whitbread, the global coffee chain’s parent company, a statement said Wednesday.UK compa…
- 55 days ago, 25 Apr 18, 7:52am -

Author: APWed, 2018-04-25 (All day)ID: 1524654613603957200NICOSIA, Cyprus: Eni will proceed with more exploratory drilling south of Cyprus over the next 20 months, affirming a “strong engagement and commitment” in a hydrocarbons search off th…
- 55 days ago, 25 Apr 18, 7:22am -

Author: ReutersWed, 2018-04-25 09:26ID: 1524648802563396600LONDON: British online fast-fashion retailer Boohoo beat forecasts with a 40 percent jump in annual profit and an almost doubling of revenue as its mainly younger customers snapped up its…
- 56 days ago, 25 Apr 18, 5:37am -

Author: ReutersWed, 2018-04-25 08:46ID: 1524647423683306100PARIS/RIYADH: French oil and gas major Total said on Wednesday it was interested in Saudi Arabia’s petrol station market and had signed a memorandum of understanding (MoU) with state en…
- 56 days ago, 25 Apr 18, 5:34am -

Wed, 2018-04-25 10:19DUBAI: Oman’s Ministry of Manpower has pledged to continue in its push to recruit locals over expats even after its target was reached, the Times of Oman has reported.The government set itself a deadline of May, but it wa…
- 56 days ago, 25 Apr 18, 3:28am -

Author: APWed, 2018-04-25 (All day)ID: 1524639135682884100BAGHDAD: Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to boost revenues after its costly war with the Daesh group, but analysts say the rushed b…
- 56 days ago, 25 Apr 18, 3:06am -

Author: ReutersWed, 2018-04-25 06:30ID: 1524638011822842700LONDON: Global wind energy capacity could increase by more than half over the next five years, as costs continue to fall and the market returns to growth at the end of this decade, a repo…
- 56 days ago, 25 Apr 18, 2:42am -

Author: AFPWed, 2018-04-25 04:39ID: 1524631320572584500BEIJING: Global carmakers touted their latest electric and SUV models in Beijing on Wednesday, as China promises a more level playing field in the world’s largest auto market where domestic…
- 56 days ago, 25 Apr 18, 12:51am -

Author: ReutersWed, 2018-04-25 04:11ID: 1524629852532490200BENGALURU: India’s Bharti Airtel approved the merger of Indus Towers Ltd. with its mobile masts operator unit Bharti Infrate, creating the largest tower company outside China by number…
- 56 days ago, 25 Apr 18, 12:35am -

Wed, 2018-04-25 00:32LONDON: SoftBank’s Vision Fund, backed by Saudi Arabia’s Public Investment Fund and the UAE’s Mubadala, invest in China’s ‘Uber for Trucks.’ Saudi Arabia’s appetite for investment in technology shows no sign…
- 56 days ago, 24 Apr 18, 5:36pm -

Modeste Bahati Lukwebo, minister of Planning for the Democratic Republic of Congo, tells Sebastian Shehadi about the country's vast renewable energy potential, privatisation programme and need for infrastructure investment.  
- 4 days ago, 15 Jun 18, 11:50am -

The building of the One Africa Place development in the Kenyan capital of Nairobi is, its backers say, the first grade A project in east Africa. It is also, as Wendy Atkins reports, a vote of confidence for a country and region that have a turbulent…
- 5 days ago, 14 Jun 18, 7:00am -

One of Palestine’s wealthiest businessmen, Bashar Masri, has built a city – Rawabi – from scratch in the West Bank, valued at $1.5bn. But misperceptions are widespread and the historic project needs more FDI, as he explains to Sebastian Sheh…
- 11 days ago, 8 Jun 18, 7:00am -

Decentralisation is the only way to boost second-tier cities and relieve pressure on countries’ overpopulated and overstretched capital mega-cities, says Mazdak Rafaty.
- 11 days ago, 8 Jun 18, 7:00am -

Ongoing protests in Amman have led Jordanian prime minister Hani Al-Mulki to step down but FDI inflows are likely to remain stable – for now. Sebastian Shehadi reports.
- 14 days ago, 6 Jun 18, 5:29am -

Newly discovered oil has contributed to Ghana being heralded as one of the fastest-growing economies in the world. However, as Timothy Conley reports, the country has reacted cautiously by implementing measures to protect itself against the consequen…
- 20 days ago, 31 May 18, 5:48am -

Okechukwu Enelamah, Nigeria’s minister of industry, trade and investment, tells Sebastian Shehadi about the country’s huge demand for infrastructure and the importance of mutually beneficial FDI.
- 26 days ago, 24 May 18, 7:58am -

In recent years, the Palestinian economy has become synonymous with foreign aid, political instability and conflict with Israel. However, as Timothy E Conley reports, the territory is striving to shed this reputation in its quest for greenfield inves…
- 28 days ago, 22 May 18, 7:18am -

An eagerly anticipated legal change will soon enable foreign investors to own 100% of their assets in the United Arab Emirates, which is hoping the move will boost FDI. Sebastian Shehadi reports.
- 32 days ago, 18 May 18, 7:42am -

European investment into Iran has been on the rise since the signing of a multilateral agreement with the country over its nuclear programme. Can this developing FDI relationship survive the US’s withdrawal from the deal, and will Asian investors s…
- 40 days ago, 10 May 18, 7:43am -

Secretary of state Mike Pompeo says body guilty of ‘shameless hypocrisy’  
- 16 mins ago, 19 Jun 18, 5:36pm -

Portuguese utility is facing a €9bn takeover bid from China Three Gorges
- 4 hours ago, 19 Jun 18, 2:10pm -

Deal has symbolic weight but falls short of French hopes
- 4 hours ago, 19 Jun 18, 1:36pm -

Investors alarmed over escalating tariff face-off between US and China
- 5 hours ago, 19 Jun 18, 1:12pm -

Investors warned for years board lacks independence and expertise
- 5 hours ago, 19 Jun 18, 1:11pm -

White House relations with corporate America worsened by separation of migrant families
- 6 hours ago, 19 Jun 18, 12:09pm -

But a further round of tariffs on goods is contentious and damaging
- 7 hours ago, 19 Jun 18, 10:54am -

Idea for triage of asylum seekers skirts policy divisions but faces legal obstacles
- 8 hours ago, 19 Jun 18, 10:09am -

The German chancellor and the US president represent different positions on migration
- 9 hours ago, 19 Jun 18, 8:54am -

Euro falls 0.8 per cent against the dollar following ECB chief’s Sintra speech
- 11 hours ago, 19 Jun 18, 6:26am -

Millions of Russian tourists will no longer be soaking up the sun in Turkey and supermarkets across Russia will soon stop carrying Turkish produce after economic relations between the two countries further deteriorated on Monday. Russia prevented 1,2…
- 30 Nov 15, 3:29pm -

Russia continued to ratchet up sanctions against Turkey Monday, announcing a ban on the import of Turkish fruits and vegetables, the Wall Street Journal reported. As sharp words are exchanged between the two trading partners, other countries are alre…
- 30 Nov 15, 8:49am -

World leaders convene in France on Monday for the latest global conference on climate change, called COP21, in an attempt to forge the first legally binding climate agreement amid increasing urgency. Yet officials from some countries are worried that…
- 29 Nov 15, 10:22pm -

Turkey on Saturday issued a travel warning to its citizens, asking them to avoid all non-urgent travel to Russia, as diplomatic tension between the two countries escalates over the downing of a Russian jet by Turkey earlier this week.The Turkish…
- 28 Nov 15, 7:50am -

UPDATED 9:45 a.m. EST: Russia will suspend visa-free travel agreement with Turkey, Russian Foreign Minister Sergei Lavrov said Friday. The action takes effect Jan. 1, the BBC reported.
- 27 Nov 15, 1:24am -

Russia threatened economic retaliation against Turkey on Thursday and said it was still awaiting a reasonable explanation for the shooting down of its warplane, but Turkey dismissed the threats as "emotional" and "unfitting".In an escalating war of…
- 26 Nov 15, 1:34pm -

DUBAI, United Arab Emirates (Reuters) -- Speculation that Saudi Arabia could devalue its currency may owe more to a poor public-relations effort by Saudi authorities than to the economic pressures on the kingdom. Riyadh has the tools available to pro…
- 26 Nov 15, 10:29am -

One particular sentence spoken by the Russian foreign minister Tuesday has Turkish officials feeling particularly uneasy: “We do not recommend that our citizens travel to Turkey for tourism or any other reason,” Sergey Lavrov said. He was in So…
- 25 Nov 15, 9:21am -

Saudi Arabia and Angola both beat out Russia as the largest crude oil suppliers to China in October, Bloomberg reported Monday. The huge China market is one arena where the world’s suppliers continue to compete for share amid a global oil glut, a…
- 23 Nov 15, 8:33am -

European leaders are planning to crack down on the use of bitcoin, prepaid credit cards and other methods of anonymous payment in response to the Paris attacks last week, Reuters reported Thursday. It's part of a crisis plan that aims to dismantle…
- 19 Nov 15, 8:49am -

THE billboards almost seem to taunt motorists crawling through traffic below. They hawk luxurious town houses and villas with sumptuous pools in compounds that sound like Californian suburbs: Palm Hills, Eastown, Allegria. “Welcome to the greene…
- 5 days ago, 14 Jun 18, 11:09am -

A veteran of two types of campaignLAST month residents of Binza Delvaux, a neighbourhood of Kinshasa, the lively capital of the Democratic Republic of Congo, awoke to discover a huge poster in the local market. It showed Congo’s president, Jose…
- 5 days ago, 14 Jun 18, 11:09am -

THE war in Yemen has entered what may be a decisive phase. Early on June 13th convoys of Yemeni fighters, backed by Saudi Arabia and the United Arab Emirates (UAE), advanced north along the coast towards Hodeida. The city is held by the Houthis, S…
- 5 days ago, 14 Jun 18, 11:09am -

Voters’ wishes to ashesWHAT would politicians the world over like to do when they lose an election? Annul the results and burn the ballots, of course. In Iraq such dreams come true. On June 6th outgoing MPs voted to hold a recount of Iraq’s e…
- 5 days ago, 14 Jun 18, 11:09am -

“FOR shopping,” says a man, laying $65,000 on a table. “Thank you,” says Kwesi Nyantakyi, the president of the Ghana Football Association, scooping it into a plastic bag. The bribe was a set-up, secretly filmed for a documentary by Anas Ar…
- 5 days ago, 14 Jun 18, 11:09am -

MARY (not her real name) was 16 when she became pregnant. The father sold chips by the road near her home in northern Tanzania. She felt special when he gave her money. But when her belly swelled, he ran off. At school she was caned in front of te…
- 5 days ago, 14 Jun 18, 11:09am -

THE speed of events caught Ethiopians off guard. When Abiy Ahmed took office as prime minister on April 2nd he did so as the head of a deeply divided ruling coalition. The inexperienced 42-year-old, who came from the Oromo wing of the ethnically b…
- 12 days ago, 7 Jun 18, 10:45am -

YEMENI forces backed by Saudi Arabia and the United Arab Emirates (UAE) have been on a roll lately. Over the past month the coalition has pushed 80km north (see map), repelling the Houthis, a group of Shia rebels that chased the government out of…
- 12 days ago, 7 Jun 18, 10:45am -

Mr Calil, dapper and brazenTHE sudden, violent death of a man who had prospered for decades from oil brokering in Africa is not necessarily suspicious. Ely Calil was Nigerian-born, of Lebanese descent, and well known to African presidents, Europe…
- 12 days ago, 7 Jun 18, 10:45am -

THE holy month of Ramadan used to be an occasion for royal amnesties in Saudi Arabia. But instead of granting pardons, Muhammad bin Salman, the crown prince and power behind the throne, has added to the 2,000 or so political prisoners detained sin…
- 12 days ago, 7 Jun 18, 10:45am -

Yemeni troops backed by a Saudi-led coalition entered the airport of Yemen’s most important port city late Friday, dealing a blow to Iran-backed Houthis there and moving closer to their goal of seizing the strategic city.
- 4 days ago, 15 Jun 18, 7:12pm -

Yemeni forces backed by a Saudi-led military coalition advanced toward Yemen’s main port despite resistance from Houthi rebels who control the city and pleas by the U.N. to halt the battle.
- 5 days ago, 14 Jun 18, 10:04pm -

Yemeni forces, backed by a Saudi-led military coalition, launched an assault on Yemen’s most important port, despite efforts by the U.N. to broker a deal to avert a battle it said could trigger a humanitarian crisis.
- 5 days ago, 14 Jun 18, 9:32am -

Yemeni forces have begun an assault on Hodeidah, the country’s most important port, in what could be a turning point in Yemen’s more than three-year-old war.
- 5 days ago, 14 Jun 18, 9:15am -

The U.S. military is providing its Gulf allies with intelligence to fine-tune their list of airstrike targets in Yemen’s most important port, one sign of the Trump administration’s deepening role in a looming assault that the United Nations says…
- 7 days ago, 12 Jun 18, 8:36pm -