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Insights
22-Apr-19 The wave of M&A in GCC financial services is needed to raise efficiencies and build the scale required to increase investments in financial technology, as payment solutions are increasingly enabled by fintech, according to Rishi Kapoor, co-CEO of Investcorp. [image: ADCB / Handout via Thomson Reuters Zawya]
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Insights
11-Apr-19 JD.com’s 7Fresh and Yonghui Superstores are set to co-invest RMB5 bn (USD750 mn) in Thailand to establish sourcing and distribution of tropical fruits, including RMB1.5 bn of durians, mangosteens, longans, and coconuts from Thai agricultural brands.
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Insights
25-Mar-19 Mexico's foreign direct investment in tourism plummeted by 50% in 2018, to USD798.5 mn. Mexico also dropped from sixth to seventh place in arrival of foreign visitors due to the recovery of Turkey. [image: Tourism Review]
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Insights
25-Mar-19 Oman's Deepak Oman Industries Project has laid the foundation for its USD120 mn integrated chemical complex. The project will produce 225,000 tonnes of calcium chloride and sodium nitrate annually. FDI in the Salalah Free Zone has reached USD5.2 bn. [image: Trade Arabia]
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