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investment
Banking & Finance
FDI into U.K.’s financial services sector declines 50 percent: Report
Asset management emerged as the sector attracting the largest sources of FDI
Asia
Saudi Arabia’s ACWA Power seeks to invest $10 billion in Malaysia’s renewable energy sector
Collaboration to power up green data centers in Malaysia's industrial parks
Technology
Microsoft revenues rise 17 percent to $61.9 billion on increased AI investment
4 percent rise in shares increases company's stock market value by $128 billion
Economy
UAE, Chile successfully conclude CEPA talks to enhance trade, investment
Non-oil trade between the UAE and Chile amounted to $305.1 million in 2023
Asia
Samsung and Google to team up for next level AI
Samsung seeks to integrate Google's second-gen Gemini Nano AI into Galaxy S25 smartphones
Real Estate
U.S. luxury real estate sales rise over 2 percent as prices hit all-time highs
The number of luxury homes for sale increased 13 percent in the first quarter of 2024
Africa
UAE’s AD Ports secures 20-year agreement to operate, upgrade Angola’s Luanda terminal
AD Ports Group acquires 90 percent stake in joint venture to serve the broader logistics market in Angola
Real Estate
Brazil introduces measures to support small businesses, low-income families, and real estate market
The "Acredita" program helps provide microcredit to CadUnico registrants, enabling access to social programs like Bolsa Familia
Asia
Vietnam’s FPT plans to build $200 million AI factory using Nvidia chips, software
Nvidia has already invested over $250 million in Vietnam
Banking & Finance
Hedge fund industry sees $190 billion asset growth in Q1, hits record $4.3 trillion
The industry attracted $16.6 billion in new investments, with a focus on equity and event-driven hedge fund strategies
Asia
Oman LNG signs 10-year supply agreement with TotalEnergies
TotalEnergies also announces final investment decision for Oman's Marsa LNG project
Asia
China’s state fund invests over $41 billion into stock market in Q1: Report
Investments aimed at bolstering the stable operation of China's capital markets
Economy
World Bank secures $11 billion backing for new financial instruments to boost lending capacity
WBG's leveraging capability enables 6-8x multiplication of hybrid capital and guarantee platform funds over 10 years
Africa
Egypt’s SCZONE attracts 128 projects worth over $3 billion, Chinese firms contribute 40 percent
SCZONE inked 14 agreements with major Chinese companies to boost investment
Asia
IMF’s Georgieva urges China to address economic slowdown, enhance productivity
The Managing Director highlighted concerns over the country's property crisis, called for domestic growth strategies
Miscellaneous
World Bank to provide affordable healthcare to 1.5 billion people by 2030
Expected shortage of 10 million healthcare workers by 2030 to further exacerbate healthcare access
Africa
Nigeria strikes gas supply deal with Shell for $3.8 billion methanol facility
Agreement addresses major obstacle to the project's final investment decision
Europe
Saudi Arabia’s minister highlights $3 billion in Spanish real estate investments, announces upcoming development agreement
40 percent of Spain's investments in Saudi Arabia over the past 10 years has been in the real estate sector
Asia
Türkiye announces economic strategy to boost public savings, investments, and reforms
President Erdogan projected that economic growth will reach around 4 percent this year
Asia
Riyadh to ‘move ahead significantly’ on $5 billion Pakistan investment plan
Investments to encompass agriculture, mining, information technology, and aviation
Europe
EU commits $3.71 billion to ocean protection and sustainability initiatives in 2024
Efforts target marine pollution, sustainable fisheries and blue economy investments
Banking & Finance
EIB approves $4.57 billion for business, climate action and energy across Europe
EIB signed €88 billion in new financing for over 900 projects in 2023
Markets
Geopolitical tensions, stagflation risks boost gold rally in March: WGC report
Low participation from U.S. investors bodes well for gold's rally
Economy
IMF’s executive director Dr. Mahmoud Mohieldin on fund’s pivotal role in shaping the future of the global economy
How International Financial Institutions (IFIs) can help countries navigate economic challenges
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