Sorin-Andrei Dojan is a reporter at Investment Monitor, covering business and FDI stories from around the world. He joined from Radio Free Europe/Radio Liberty, where he reported on politics and international affairs in Central and Eastern Europe.
Foreign direct investment (FDI) in Oman reached more than $70bn (OR26.95bn) in 2022, with the country now the fifth-largest destination in the Middle East by the number of greenfield investments.
FedEx’s 57,000m² facility in Dubai will act as a regional hub for the Middle East, Indian subcontinent and Africa (MEISA) region.
Japan will provide €1.25bn (Y187.45bn) in credit lines for projects including the rebuilding of Ukrainian settlements, as well as the country’s infrastructure, damaged by Russia’s invasion.
The $1.5bn in funding will help GlobalFoundries (GF) expand its Malta campus in New York.
DP World, Al Amir Group and Adroit Overseas will build Dubai’s largest multi-tenant facility for integrated agricultural processing and silo storage.
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China’s drop in foreign direct investment (FDI) comes on the back of heightened tensions with the West, with many foreign companies pulling their capital out of the Chinese market.
Black Iron’s Matt Simpson discusses the latest FDI challenges in Ukraine, as well as ways to mend it.
Microsoft is to invest $3.44bn (€3.2bn) in artificial intelligence (AI) capabilities in Germany, following $6bn in pledges for AI and computing in Australia and the UK last year.
BASF’s new Chemetall site in Italy comes on the back of a strong market cap for the German chemicals giant.
Intel’s decision to raise $2bn in funding for its new chip plant in Ireland comes at a time when the EU is stepping up competition against the US in the field of semiconductors.