June 2, 2023/Edelman Dubai retained its No. 1 spot globally for attracting Greenfield FDI projects in 2022, further reinforcing its position as the world’s top foreign direct investment hub, according to the latest data from the 2022 Financial Times ‘fDi Markets’ report. Retaining its top spot for a second successive […]
World News
UAE’s in-country value projects driving billions to local firms
June 1, 2023/Aetoswire More than $27.23 billion has been redirected to the local economy since the UAE Ministry of Industry and Advanced Technology (MoIAT) and ADNOC launched major in-country value programs to support domestic industries. Speaking at the Make in the Emirates Forum today, His Excellency Abdulla Al Shamsi, Assistant […]
AfDB approves $20 million investment in private equity fund targeting the infrastructure sector in Africa
The Africa50 Infrastructure Acceleration Fund I is a pan-African infrastructure private equity fund that is mobilizing up to $500 million for investment and value creation in strategic infrastructure sectors June 1, 2023/AfDB The Board of Directors of the African Development Bank Group has approved an equity investment of $20 million […]

