Abu Dhabi's Kizad attracted Dh1.5bn FDI in 2018, CEO says

Abu Dhabi’s Khalifa Industrial Zone (Kizad) attracted Dh1.5 billion in foreign direct investment during 2018 and expects to see inflows up to $3bn annually, according to its chief executive. "Total investment in Kizad is around $60bn,” Kizad chief executive Samir Chaturvedi told reporters. “Every square kilometre to get fully developed…

EU and Japan Create World′s Biggest Free Trade Zone

Almost all tariffs on trade between the European Union and the world's third-biggest economy have been removed. European companies could save around a billion euros in duties each year. A free trade agreement between Japan and the EU entered into force on February 1, covering 635 million people and almost…

China's outbound investment continues healthy growth

China's annual non-financial outbound direct investment (ODI) in 2018 remains flat with 2017, the Ministry of Commerce said. "In general, China has registered continued healthy growth of ODI this year," MOC spokesperson Gao Feng told a news conference. China's ODI was down 29.8 percent year on year to 14.91 billion…
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