UAE: The Favorite Destination for FDI
The United Arab Emirates (UAE) have been continuously recognized as world’s investment destination. As per the information published in World Investment Report 2017 released by the United Nation’s conference on Trade and Development (UNCTAD) UAE is ranked 12th in the list of countries ranked on basis of preferred jurisdiction for foreign direct investment (FDI) during […]
Mergers & Amalgamations Market in India to see a Growth in 2017
Introduction The past year 2016 have not been an exciting year for Indian Mergers & Amalgamations (M & A) market with the investors acting cautiously because of uncertainty in the new Foreign Direct Investment norms and other tax reforms in the country. The first three quarters of the year 2016 have been very slow for […]
India jumps to 8th place on Global FDI Confidence Index
India has jumped one spot to rank 8th in the 2017 AT Kearney Foreign Direct Investment (FDI) Confidence Index with 31 percent of the surveyed respondents being more optimistic on economic outlook over the next three years. “Investors see India as a vast and diverse up-and-coming market with plans to increase investments there over the […]
Revision of Tax Treaty between India and Cyprus: Beginning of New Era
History India and Cyprus had signed an agreement in June 1994 and were bound to exchange information to avoid tax evasions. It is considered to be a tax haven before 2015 and stands seventh on the list of Foreign Direct Investment (FDI) destinations in India. India received foreign investments of approximately INR 42,680 from Cyprus […]
Strategic Cooperation Between Riyadh and Ankara Hits New Highs
RIYADH: Saudi Arabia and Turkey have been enjoying a deep and longstanding bond based on their common geopolitical interests and similarities in approaches on a host of regional and international issues. The recent visit of Crown Prince Mohammed bin Salman, minister of interior, to Turkey; preceded by the visit of Custodian of the Two Holy […]
Government Liberalises FDI Norms
To boost the employment and job creation in India, the government, in a meeting chaired by Prime Minister Narendra Modi on 20 June 2016, further liberalised the foreign direct investment (FDI) regime. These changes come as a part of the second round of reformative steps following the initial announcement in November 2015. Now, most sectors […]
India announces sweeping reforms to FDI rules
New Delhi: India announced on 20.06.2016, sweeping reforms to rules on foreign direct investment, opening up its defence and civil aviation sectors to complete outside ownership and clearing the way for Apple to open stores in the country. The move comes two days after central bank governor Raghuram Rajan, a darling of financial markets but […]
Recovering Egypt is ripe for investment
With Egypt’s economic conference barely a week away, anticipation about the opportunities it will unveil is high in the country as well as among foreign business communities. Those familiar with Egypt know that the scope for investing there is immense because expansions and improvements are needed in every economic sector. That is why the outcome […]