International Finance

Category : Economy

Economy

Betting big on India

Acting as a catalyst to its growth story is US President Barack Obama’s recent visit, which may inspire investors to pile up Indian stocks throughout 2015 Suparna Goswami Bhattacharya February 19, 2015: If one were to describe India’s growth story in one line, it would read something like this– A nation of unrealised potential. The...
Economy

Amid unrest, Egypt’s entrepreneurs fueling revolution of their own

The north African nation is in the race to be the fastest growing entrepreneurial hub in the world Suparna Goswami Bhattacharya    February 6, 2015: Back in 2013 when majority of Egyptians were busy revolting against the then president Mohammed Morsi, there was a parallel revolution going on in Egypt involving the young from the...
Economy

ECB’s quantitative easing: Blessing or curse?

TeleTrade believes that the decision will delay economic reforms by Eurozone members February 3, 2015: The European Central Bank (ECB) on January 22 said that it will expand its asset purchase programme to €60 billion a month starting from March 2015 until September 2016. In aggregate, the asset purchasing programme will be over €1.1 trillion....
Economy

Saudi Arabia moving away from oil

The Saudi government is making all efforts possible to increase share of the manufacturing industry Suparna Goswami Bhattacharya January 27, 2015: One does not really associate names like Jaguar Land Rover, a British automotive company; or Mars, an American confectioner, with Saudi Arabia. For years, Saudi Arabia has become synonymous with oil. And it is...
Economy

An unhappy New Year for Argentina

It is entangled in a legal battle with hedge funds that bought its debt on the cheap during the 2001 crisis Kamilia Lahrichi January 12, 2015: There will be no truce between the Argentine government and its foreign creditors, despite the expiration of a provision on December 31, 2014 that could have paved the way...
Economy

Ras Al Khaimah Investment Authority ushers in second decade

Since being set up in 2005, it has invested AED 1bn in developing 30mn square metre of land in its Al Hamra and Al Ghail industrial parks IFM Correspondent November 27, 2014: At a gala event celebrating 10 years of excellence, Ras Al Khaimah Investment Authority (RAKIA) reaffirmed its unwavering commitment to drive foreign direct...
Economy

Everest Industries picks RAKIA for first overseas venture

Will invest in 750,000 sqft manufacturing facility in Al Ghail industrial park IFM Correspondent November 21, 2014: Ras Al Khaimah Investment Authority (RAKIA) has signed Everest Industries, one of the fastest growing building solutions companies in India, as its tenant. Everest will occupy 750,000 sqft in RAKIA’s Al Ghail industrial park. The India-based company plans to initially produce...