GulfBase Live Support
Leave a message and our representative will contact you soon
04/04/2018 06:07 AST
Foreign investment in France rose 16 per cent in 2017 to levels not seen for a decade as President Emmanuel Macron's (pictured) bid to attract money from abroad gains pace, a government report said on Tuesday.
Public agency Business France said 1,298 foreign investment projects were announced last year, allowing some 33,500 jobs to be saved or created. The figure is "the best in 10 years", the report said, up from 1,117 last year.
In a positive sign for Macron's government, which sees boosting France's attractiveness as an investment destination as a priority, 412 new companies decided to invest in France - accounting for a third of the projects.
Half of the announcements were for completely new projects while 42 per cent will expand existing ones, with takeovers account for the rest.
The report did not, however, include a count of how many foreign investors may have left France over the same period.
Investors from elsewhere in Europe were behind 58 per cent of the projects, but the report said American firms accounted for more of the jobs, retaking the top spot from Germany a year earlier.
Oman Daily Observer
Ticker | Price | Volume |
---|
Index | Closing | Change |
---|---|---|
NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
DAX | 18,699.40 | 181.01 (0.97 |
S&P 500 | 5,626.02 | 30.26 (0.54 |
13/03/2025
India's foreign direct investment into Dubai surged to over $3 billion in 2024, making the South Asian nation its top investor, the latest data shows.
Dubai's Department of Economy and Touri
Arab News
12/03/2025
Citi analysts cut their recommendation for U.S. stocks to "neutral" from "overweight" on Monday after recession fears pummelled the market, arguing that the U.S. economy may no longer outpace the res
Reuters
11/03/2025
US President Donald Trump is meeting the CEOs of America's biggest companies, many whose market value has dipped in recent days as recession and inflation fears soured consumer and investor sentiment
Khaleej Times
11/03/2025
The Nasdaq MarketSite at Times Square in New York City. The Nasdaq confirmed a correction last week, having tumbled more than 10% from its December all-time high.. Photos by Reuters file
The
Reuters
11/03/2025
US President Donald Trump's creation of a cryptocurrency reserve shortly before headlining a White House summit on the popular digital asset will get global attention if the reserve grows big enough
Qatar Tribune