Research commissioned by Türkiye Wealth Fund forecasts that the annual value of Turkey’s financial services exports is to increase from US$2 billion to US$16 billion by 2036, with Turkey’s financial services exports expected to rise to 1.3% of GDP, up from 0.3% in 2019. The iFC, a new financial center…
FDI
Flanders Investment & Trade Announces Jump in UK Companies Investing in the Region
Flanders Investment & Trade (FIT), the official government body for the region, has announced an 183% jump in the number of UK investment projects in the first six months of 2021, compared to last year. Astrid Geeraerts, Head of Investment at Flanders Investment & Trade in the UK (based at…
NEPZA Partners NIPC To Boost Investment In Lagos, Kwara, Kano Economic Zones
The Nigerian Export Processing Zones Authority (NEPZA) has entered into a partnership with the Nigerian Investment Promotion Commission (NIPC) in a bid to boost investments in the newly approved Special Economic Zones in Lagos, Kwara and Katsina state. Speaking in Abuja, the Managing Director of NEPZA, Prof Adesoji Adesugba said…
Bahrain’s Cashless Payments Surge To $3.62bn In First Half Of 2021
The number of POS and Ecommerce transactions in Bahrain shot up by 65% in August, year-on-year, reaching a total value of nearly $744 million during the month, after topping $3.62 billion in the first half of 2021, the Central Bank of Bahrain (CBB) revealed today. According to new figures from…
Rising Indian Exports of Light Vessels, Fire Boats & Floating Docks
India’s ship building industry is experiencing significant growth in the export of light vessels, fire boats & floating docks, based on healthy increases in 2019 export figures. These vessels and floating structures come under Commodity Group 8905 in the UN Harmonized System Codes and are defined as, “Light-vessels, fire-floats,…
Antigua & Barbuda’s Prospects
Prior to the pandemic, Antigua and Barbuda’s economy had been flying, with average growth over five years of five percent and a 40 percent increase in the value of economic output. 2018 saw it as the world’s tenth fastest growing economy, and this after having suffered the ravages of Hurricane…