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- Qatar and China sign MoU to increase air transport rights
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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 |
12/07/2025
President Donald Trump announced a 50-percent tariff Wednesday targeting Brazil as he blasted the trial of the country's ex-leader, and said a US "national security" levy on copper would begin in Aug
Kuwait Times
11/07/2025
Wall Street stocks edged higher Thursday, lifting major indices to records as traders shrugged off worries about US tariffs while strong Delta earnings sent airline shares upward.
The Nasdaq
AFP
11/07/2025
Binance, the global blockchain ecosystem behind the world's largest cryptocurrency exchange, has launched Sharia Earn in the UAE, the first multi-token staking service that meets the principles of Is
Khaleej Times
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The size of China's economy will exceed 140 trillion yuan ($19.5 trillion) this year, the head of the state planner said as policymakers look to steer the country beyond the current five-year policy
Kuwait Times
10/07/2025
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could fall as soon as this month, with most policymakers remaining worried to some degree about
Reuters
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