Worrying drop in Gulf’s inward investment inflows | GulfNews.com

Worrying drop in Gulf’s inward investment inflows | GulfNews.com:



"The Gulf countries need to enhance their investment laws to put an end to the disturbing trend of decline in the inflows of foreign direct investments.



The ‘World Investment Report 2015’, released recently by the World Conference on Trade and Development (Unctad), has confirmed this worrying trend. Together, the Gulf economies enticed some $20.7 billion in 2014, down from $22.5 billion in 2013. As a consequence, their share of the inflow of FDI has fallen from 50.3 per cent in 2013 to 48.1 per cent in 2014 within the West Asia region. The other countries within this territory are Iran, Jordan and Syria and Yemen.



For a second time running, the report confirms the UAE’s regional leadership in attracting foreign investments. This stood at $10.1 billion and $10.5 billion in 2014 and 2013 respectively. As such, the country generated almost 49 per cent of total inward FDI into the Gulf last year, a fact that says a lot about the significance of Dubai in particular."



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Value investing is the way to unlock returns from GCC equities | GulfNews.com

Value investing is the way to unlock returns from GCC equities | GulfNews.com:



"Amidst the general gloom in the Middle East markets resulting from the sharp oil price decline over last one year and the sluggish performance of GCC equity markets yielding a mere 1.6 per cent CAGR [compounded annual growth rate] in the past 10 years a new research shows there are enough opportunities for value investing that could unlock returns far in excess of standard benchmarks.



GCC investors can unlock value and reap dividends by taking a value-investing approach as the region offers a diversity of high- return opportunities across verticals in the non-oil sector, said analysts at Arthveda Capital, an India-based global alternative investment major.



The post-2009 recovery has been marred by a dramatic decline in oil prices — the steepest since 2008. The GCC equity market has also been sluggish, with relatively low yields while the overall outlook for a GCC investor also remained bleak as instruments such as fixed income funds were not lucrative in the prevailing low interest scenario."



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Orange Is Open to Share Sale of Africa, Middle East Business - Bloomberg Business

Orange Is Open to Share Sale of Africa, Middle East Business - Bloomberg Business:



"Orange SA said it remains open to selling shares in its Africa and Middle East unit or bringing in a strategic or financial partner as France’s largest phone company reviews options for the region.



Orange would also buy assets for the right price, Chief Financial Officer Ramon Fernandez told a press event in London on Thursday. The region has more than 250 carriers.



The Paris-based company expects a 20 percent increase in its revenue from Africa and the Middle East by the end of 2018, Marc Rennard, its regional head, said at the same event."



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Iran Seeks Faster Sanctions Relief as Zarif Makes Video Appeal - Bloomberg Business

Iran Seeks Faster Sanctions Relief as Zarif Makes Video Appeal - Bloomberg Business:



"Iran is pushing to accelerate U.S. and European sanctions relief with just four days left to resolve nuclear talks in Vienna, as Foreign Minister Mohammad Javad Zarif said a lasting accord has “never been closer.”



Negotiators haven’t yet agreed on the scale and speed of sanctions relief, nor have they settled all the steps Iran must take, according to four diplomats from countries participating in the negotiations. They asked not to be named in line with rules. One of the diplomats said Iran may get substantial sanctions relief by December, while others said sanctions are unlikely to be eased before 2016.



“At this 11th hour, despite some differences that remain, we have never been closer to a lasting outcome,” Zarif said in a video released Friday and filmed on a terrace at the Palais Coburg in Vienna, where the talks are being held. The foreign minister earlier told Al Monitor website that “the deal will be made or broken on whether the United States wants to lift the sanctions or keep them.”"



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