EconomyFeaturedSaudi Arabia to attract FDI worth SAR388 bn annually under National Investment StrategyIFM CorrespondentOctober 12, 2021October 12, 2021 by IFM CorrespondentOctober 12, 2021October 12, 2021 The annual domestic investment is expected to increase to SAR1.7 tn by 2030... Read more
EconomyFeaturedIndonesian parliament decides to increase VAT next yearIFM CorrespondentOctober 7, 2021October 7, 2021 by IFM CorrespondentOctober 7, 2021October 7, 2021 The new tax overhaul bill could lead to a new carbon tax and cancellation of a planned corporate tax cut... Read more
EconomyFeaturedBoris Johnson ready to take bold decisions to rebuild post-pandemic economyIFM CorrespondentOctober 4, 2021 by IFM CorrespondentOctober 4, 2021 He said that the economy is going through a post-Brexit period of adjustment... Read more
EconomyFeaturedBahrain mulling on increasing value-added tax to 10%IFM CorrespondentSeptember 27, 2021 by IFM CorrespondentSeptember 27, 2021 This move will help the government to boost revenues and curb deficits... Read more
EconomyFeaturedChile to remove tax exemptions on securities trading after two decadesIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The move will help increase the pension for the lower-income community... Read more
EconomyFeaturedNigerian economy to grow by 3% in 2021: Central Bank governorInternational Finance Business DeskSeptember 15, 2021 by International Finance Business DeskSeptember 15, 2021 This announcement comes after lockdown measures were eased and vaccination was increased, leading to a boost in travel and tourism... Read more
EconomyFeaturedUAE seeks $150 bn investment to grow trade with Asia and AfricaInternational Finance Business DeskSeptember 6, 2021 by International Finance Business DeskSeptember 6, 2021 UAE will use these funds to reposition itself as a global hub of business and finance... Read more
EconomyFeaturedUAE recorded $52 bn non-oil trade growth with Arab countries in H1 2021International Finance Business DeskSeptember 3, 2021 by International Finance Business DeskSeptember 3, 2021 The non-oil trade between the UAE and Arab countries grew by 29%... Read more
EconomyFeaturedSaudi Arabia non-oil export reached $6.2 bn in 2021International Finance Business DeskAugust 30, 2021 by International Finance Business DeskAugust 30, 2021 Compared to 2020, the exports went up by 40% in 2021... Read more
EconomyFeaturedIFC invests $10.4 bn in the private sector of MENAInternational Finance Business DeskAugust 25, 2021 by International Finance Business DeskAugust 25, 2021 The funds will help thousands of small businesses gain access to finances, trading, and partnership... Read more