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Governor says Nuevo León will receive US $12B in foreign investment

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Nuevo León governor Samuel García predicted that foreign direct investment (FDI) in his state could double 2022 figures this year. While he withheld names due to confidentiality agreements, the governor said his predictions correlate with confirmed investments to be made in his state. During the second annual business meeting between Jalisco and Nuevo León, held […]

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Reviving Nigeria’s neglected $700bn mining sector

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The country wants to better capitalise on its rich mineral resources Hard work: Nigeria’s resource-rich regions have long been exploited by illegal mining operations. Image via Mercury Bloomb Amid the global push for green energy solutions, Nigeria’s reserves of critical minerals such as lithium, manganese and nickel are in high demand, prompting the government to release a series

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FDI round-up: TikTok expands in Europe, Taliban converts US bases into SEZs, recycled plastic consortium chooses France

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Top story: Chinese social media platform TikTok plans to open two new data centres in Europe. Image via Getty Image TikTok will open two new data centres in Europe, the firm’s general manager for the region, Rich Waterworth, wrote in a blog post on February 17.  It follows the Chinese social media platform’s announcement last April that it

FDI round-up: TikTok expands in Europe, Taliban converts US bases into SEZs, recycled plastic consortium chooses France Read More »

Foreign direct investment in the Dominican Republic totaled US$3.8 billion in 2022

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Foreign direct investment (FDI) flows in the Dominican Republic would have reached the historical amount of US$3.8 billion during 2022, thus exceeding the levels of 2021 by 22.57%, of 2019 by 25.85%, and its highest amount registered in 2017, (US 3.5 billion, 6.5%). In fact, already in September of that year, according to data available

Foreign direct investment in the Dominican Republic totaled US$3.8 billion in 2022 Read More »

See FDI flowing out of China, into India: Noted economist Nouriel Roubini

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The rise in global uncertainty in the wake of Russia’s invasion of Ukraine, FDI equity inflows in the manufacturing sector in the first half of the current financial year (April-September) fell below its corresponding level in the first half of 2021-22. The monetary tightening at the global level has further restricted the FDI equity inflows,

See FDI flowing out of China, into India: Noted economist Nouriel Roubini Read More »

Cipla, Adani Enterprises drag Nifty by 100 pts; Sensex closes 300 pts lower

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Inflation figures remain a concern among investors and Adani stocks continued to shed on Monday. Adani Group’s market capitalisation (mcap) has slipped below $100 billion on Monday, tumbling over $135 billion since the explosive Hindenburg Research report released in late January.  20 Feb 2023, 03:41:09 PM IST Indices shed 0.5% in today’s session as Sensex

Cipla, Adani Enterprises drag Nifty by 100 pts; Sensex closes 300 pts lower Read More »

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