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26 December 2018, Dubai, UAE- AIM Startup 2019 is gearing up for its third edition with an aim to link 500startup companies with over 200 global investors. The event, in partnership with the National Program for SMEs and Projects, is an initiative of the UAE Ministry of Economy and will be happening on April 8-10, 2019 at the Dubai World Trade Centre. The event’s much awaited feature is the Annual Pitch Competition where startups can compete with their project and impress investors by securing their nod for project financing. Startup founderswill also have the opportunity to showcase their projects to...

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HE Al Mansoori: “New and Renewable Energy initiatives are essential for attracting foreign capital to UAE”  Target is to make FDI 5% of GDP in next 5 years Proposed FDI law will provide incentives for investors, says HE Al Mansoori AIM provides unique platform to promote investment in various sectors. Dawood Al Shezawi: “Annual Investment Meeting will enable companies to better understand investment in world markets against declining oil prices” Investment of US$ 328.9 billion in renewable and clean energy in 2015, growth by 4% Dubai, UAE, 6 March 2016: HE Sultan Bin Saeed Al Mansoori, UAE Minister of Economy has...

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UAE investments in Kazakhstan jumps over AED 2 billion Kazakhstan underscores the importance of the UAE participation at forthcoming Expo Astana 2017 Dubai, UAE, 28 February 2016: HE Kairat Lama Sharif, the Ambassador of Kazakhstan to the UAE emphasized the importance of strong UAE-Kazakhstan relations, revealing that the UAE investments in Kazakhstan crossed AED 2 billion according to the Kazakhstani Ministry of Investment and Development. He elaborated that trade exchange recorded USD 135 million by the end of 2015. HE Lama Sharif unveiled that Kazakhstan is willing to extend the validity of the UAE visitors stay to 30 days, instead of...

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After decades of the renminbi’s so-called domestic devaluation strategy and appreciation overseas, suddenly in August 2015 the currency began to slump, and reached a level that is regarded as “depreciation” for the first time in several years. As a matter of fact, when the Central Bank of China (PBoC) announced an adjustment of the renminbi’s median price formation mechanism against the US dollar, the exchange rate was significantly devaluated by over a thousand points in the next two days, and the median rate of the renminbi against the US dollar was devaluated by almost 4%. The unexpected renminbi devaluation has...

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It’s a little-known fact that the world’s first Common Law country to pass legislation for private foundations was the Bahamas. It was 2004, and the Caribbean island nation had already established a reputation for creating innovative financial structuring solutions, and it was decided that the private foundation would be introduced as an additional tool for wealth planning and protection. Soon enough, it was being utilized by investors from all over the world. It was one component in a broader legislative agenda that was designed to strengthen the country’s regulatory environment, while helping to create a climate in which international business...

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When this last report was published, China’s economy was experiencing a slowdown during global economic uncertainties. But now it has become a fact that China’s economy is decelerating. Authorities have set the GDP target for 2015 at 7.0%, but some influential analysts and economist have stated that China’s economy growth is actually anywhere from 3-5%. The stock market correction that occurred in June 2015, and is still lingering on today, is proof that China’s capital markets, economy, and overall financial system have major errors and fundamental problems that need to be addressed. But despite the fact that China’s economy is...

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By GIG Yet another record year for Hong Kong in terms of registrations of new companies by both local entrepreneurs and international investors has been attributed in large part to an overhaul of the territory's company law, which went into effect last year. This feature provides an overview of the changes brought about by the new Hong Kong Companies Ordinance. Introduction – Hong Kong's Attractions Hong Kong is not an offshore centre in the traditional sense of the word but rather a territory which offers a non-discriminatory low tax regime governed by the "territorial principle" under which only income arising...

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By Jonathan DeHart The prospect of a freely flowing RMB — moving with ease through China’s borders and into the world — could be a game changer. The newly launched Shanghai Free Trade Zone is the main testing ground where such liberalized finance policy is gradually being rolled out. Could the experiment in Pudong be a sign of things to come? China’s monumental role in shaping the world’s economic destiny in the 21st Century is beyond dispute. The explosion of the nation’s economy in the past few decades has been staggering. But a major piece of the economic puzzle has...

REPORTS 2020