ABB sets up shop in Saudi Arabia

Switzerland’s ABB Marine and Ports is setting up a local division in Saudi Arabia in a…

Ingka to build first IKEA-anchored Indian shopping centre

Ingka Group, the Dutch holding company that controls the majority of IKEA’s worldwide store network, is…

24 multinationals chose KSA in FII coup for Crown Prince

24 multinationals, including PepsiCo, Schlumberger and Boston Scientific, told attendees at the FII investment forum in…

Saudi replaces bank governor as PIF changes tack

New SAMA governor's appointment coincides with PIF sovereign wealth fund's push to attract more investment into…

Vietnam emerges as new FDI hot spot

Vietnam is emerging as new hotspot for investors with Asian ambitions

Buffett bets on Japan just as Abe bows out

Warren Buffett builds up stakes in Japan's five trading houses in the same week that PM…

Assad looks to Russia to help rebuild Syria

It could cost as much as $400bn to rebuild the Syrian economy, President Bashar al-Assad told…

Branson brings hyperloop to India

The journey time between Mumbai and the university town of Pune could be slashed from three…

Apple’s Chinese data centre to open in 2020

Apple’s Chinese $1bn data centre should be up and running by 2020, sources close to the…

Realities of Chinese FDI in Russia come home to roost by Baikal

The day-to-day implications of Russia’s pivot eastward are gradually unfolding for its Far Eastern and Siberian…

Surge in high-tech investments helps Guandong shake off low-cost image

Foreign direct investment into Guangdong surged  by 13.6% to just under $17bn in the first nine…

South Korea and Uzbekistan sign $9bn investment package

As Uzbekistan and South Korea mark the 25th anniversary of official diplomatic ties between the two…

$1.5bn Tajik aluminium plant deal highlights China’s growing influence in Central Asia

A Chinese company has agreed to invest $1.8bn in the construction of a new aluminium plant…

Saudis pump $500bn into high-tech city as ‘baby boomers’ head for job market

Saudi Arabia is planning to invest $500bn in a  futuristic city run entirely on alternative sources…

Promise of $3bn Saudi investment on table as Salman lands in Moscow

Russia and Saudi Arabia are expected to announce the launch of two  $1bn investment funds  this…

Now Total considers investing $10bn in Iranian petrochemicals development

Just months after signing a $5bn deal  to participate in the development of Iran’s giant offshore …

Russia offers Japan bridge to Trans-Siberian Railway in Far East investment charm offensive

The prospect of being able to travel from London to Tokyo without risking wet feet was…

India offers to invest $11bn in Iran’s Farzad-B – and to take all the gas home

An  Indian consortium headed up by ONGC Vicesh has said that it is willing to spend…

Rosneft consortium clinches ‘masterpiece’ $13bn Essar Oil deal

Rosneft’s bid to head up the largest ever foreign investment in India’s history looks set to…

Nazarbayev and Xi “open new page” in relations with $8bn investment package

The Kazakh and Chinese Presidents Nursultan Nazarbayev and Xi Jinping yesterday  gave their blessing to representatives…

Gulf sovereign wealth funds due to confirm $20bn of Russian deals at SPIEF

With business chiefs from across the world due to descend on St Petersburg for its annual…

China hits speed bump on Silk Road

As President Xi Jinping  prepares to welcome 28 heads of state to conference in Beijing this…

Saudi Vision 2030 ‘could attract $1trn in FDI over next 15 years’ – OECR

Saudi Vision 2030,  the KSA’s plan to diversify the kingdom’s oil-dependent economy could attract up to…

Australia rebuffs China over Silk Road

China is expected to suffer a rare setback in its drive to develop its $4trn One…