Foreign direct investment

H World Group Attends CIIE's International Investment Promotion and Investment China Closed-Door Dinner Party

Retrieved on: 
Wednesday, November 15, 2023
Belt, HKEX, Giga-, Gulf Cooperation Council, Tourism, Multimedia, Communication, Foreign direct investment, KSA, Ecosystem, Information technology, India Innovation Growth Programme, Public Investment Fund, TDF, City, Digital, Convention center, Vision 2030, Speech, Pilgrimage, GCC, Statistics, Huazhu Hotels Group

SINGAPORE and SHANGHAI, Nov. 14, 2023 /PRNewswire/ -- On November 8th, the China International Import Expo International Investment and Financial Cooperation Forum was held at the National Exhibition and Convention Center in Shanghai. The forum, centered around the theme of "Digital Empowerment for Innovative Growth, Building a New Landscape for International Investment and Financing Cooperation," was attended by leaders from various Chinese government departments and relevant institutions, diplomatic representatives, foreign guests, domestic financial experts and scholars, overseas financial institution representatives, as well as representatives from the financial and economic sectors. During the event, H World Group Limited ("H World" or "the Group", NASDAQ: HTHT, HKEX: 1179) subsidiary, the Joya Hotel Shanghai Gubei, proudly served as the official reception hotel for the Arab exhibition delegation. A dedicated reception team was promptly established to smoothly coordinate and facilitate the proceedings, providing tailored services in accordance with Arab reception etiquette and religious practices. Exclusive culinary offerings and customized dishes were prepared to cater to the diverse lifestyle needs of the guests, reflecting the commitment of Joya Hotel to uphold the elegance of Chinese traditions and  high-quality brand philosophy of providing guests with refined living. Additionally, Murphy Zhu, President of Asia Pacific and the sole representative from the Chinese hotel industry, was invited to participate in the "International Investment Promotion and Investment China Closed-Door Dinner Party." During the event, he delivered a keynote speech focusing on future cooperation with the Middle East region.

Key Points: 
  • During the event, H World Group Limited ("H World" or "the Group", NASDAQ: HTHT, HKEX: 1179) subsidiary, the Joya Hotel Shanghai Gubei, proudly served as the official reception hotel for the Arab exhibition delegation.
  • Additionally, Murphy Zhu, President of Asia Pacific and the sole representative from the Chinese hotel industry, was invited to participate in the "International Investment Promotion and Investment China Closed-Door Dinner Party."
  • The Group currently operates a total of 9,157 hotels with 885,756 rooms, and has successfully cultivated a membership base of over 200 million.
  • The ongoing close collaboration between China and the Middle East paves the way for H World to further expand its overseas presence.

EQS-News: Lagos Free Zone invites German investors to Nigeria at the 10th German-Nigerian Business Forum in Berlin

Retrieved on: 
Thursday, December 14, 2023
Business, Lagos Free Zone, Marketing strategy, Foreign direct investment, Partnership, FDI, Learning, LFZ, Marketing, Film industry

Lagos Free Zone ( http://www.LagosFreeZone.com ), Nigeria’s leading port-based industrial zone is poised to make a substantial impact at the 10th German-Nigerian Business Forum that is to be held in Berlin on Tuesday, November 21, 2023.

Key Points: 
  • Lagos Free Zone ( http://www.LagosFreeZone.com ), Nigeria’s leading port-based industrial zone is poised to make a substantial impact at the 10th German-Nigerian Business Forum that is to be held in Berlin on Tuesday, November 21, 2023.
  • Hosted by Afrika-Verein (German-African Business Association), this milestone event is themed "Creating partnerships for transformative change".
  • Bola Ahmed Tinubu, alongside his senior ministers, will commemorate the 10th edition of this forum, reaffirming the enduring partnership between Nigeria and Germany.
  • Nigeria, as the continent's largest economy, has undergone a political transformation with new reforms and the election of a new president.

Major Players Like Oracle, Adobe, and BYJU'S Collaborate to Tap into the Lucrative APAC E-Learning Market

Retrieved on: 
Wednesday, November 8, 2023
Urbanization, Growth, Foreign direct investment, FDI, Online shopping, Video game

Thus, these factors will positively impact the APAC e-learning market.

Key Points: 
  • Thus, these factors will positively impact the APAC e-learning market.
  • Furthermore, major players focus on strategic agreements, acquisitions, and collaboration with emerging players to enter the APAC e-learning market to gain access to commercially launched products.
  • Rapid urbanization and a considerable surge in the use of smartphones to access learning materials are likely to impact the APAC e-learning market.
  • The APAC e-learning market is reportedly in the early growth stage as various factors support its growth.

APAC E-Learning Market Set to Soar to $201.38 Billion by 2028, Fueled by Smartphone Adoption and Urbanization - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 7, 2023
Education, Technology, Other Education, Other Technology, Urbanization, Growth, Foreign direct investment, FDI, Online shopping, Video game

Thus, these factors will positively impact the APAC e-learning market.

Key Points: 
  • Thus, these factors will positively impact the APAC e-learning market.
  • Furthermore, major players focus on strategic agreements, acquisitions, and collaboration with emerging players to enter the APAC e-learning market to gain access to commercially launched products.
  • Rapid urbanization and a considerable surge in the use of smartphones to access learning materials are likely to impact the APAC e-learning market.
  • The APAC e-learning market is reportedly in the early growth stage as various factors support its growth.

Flowserve Announces French Regulatory Rejection of Velan Transaction

Retrieved on: 
Thursday, October 5, 2023
Other Manufacturing, Steel, Other Energy, Engineering, Utilities, Chemicals, Plastics, Oil, Gas, Coal, Manufacturing, Energy, Toyota Canada Inc., NYSE, TSX, Acquisition, VLN, FLS, Corporation, Foreign direct investment, Arrangement, Canada, Flowserve, Velan

“We are obviously disappointed with the French government’s decision,” said Scott Rowe, Flowserve President and Chief Executive Officer.

Key Points: 
  • “We are obviously disappointed with the French government’s decision,” said Scott Rowe, Flowserve President and Chief Executive Officer.
  • “We do not believe the decision aligns with the French government’s stated goal of encouraging foreign investment into France’s economy.
  • Throughout this process, Flowserve worked diligently and proactively to address all of the concerns that were raised by the French government.
  • We sincerely appreciate the efforts of our Flowserve associates and Velan team members who worked so tirelessly on the transaction.

ASYAD EXPRESS PARTNERS WITH EVRI TO LAUNCH TRANSFORMATIONAL E-COMMERCE GATEWAY HUB IN OMAN AND THE MIDDLE EAST

Retrieved on: 
Monday, October 9, 2023
Partnership, Foreign direct investment, SME, Oman Post, Express, UK/European Tour EP, Hermes (company), FDI, Bloomberg, Ecosystem, Warehouse, Retail

Shaikh Ibrahim bin Sultan Al Hosni, Acting CEO of Oman Post and Asyad Express, expressed his enthusiasm for the strategic alliance with Evri: "Our collaboration with Evri is a testament to our commitment to positioning Oman as a prominent e-commerce hub in the Middle East.

Key Points: 
  • Shaikh Ibrahim bin Sultan Al Hosni, Acting CEO of Oman Post and Asyad Express, expressed his enthusiasm for the strategic alliance with Evri: "Our collaboration with Evri is a testament to our commitment to positioning Oman as a prominent e-commerce hub in the Middle East.
  • We are confident in this strategic partnership's potential to promote sustainable economic growth in Oman and the Middle East."
  • By joining forces with Asyad Express, we are well-positioned to offer a superior e-commerce solution that caters to the unique needs of the Middle Eastern market.
  • "Through this strategic alliance, Evri and Asyad Express will bring together our industry-leading capabilities, innovative technologies, and deep market knowledge to optimize the e-commerce landscape in the Middle East.

ASYAD EXPRESS PARTNERS WITH EVRI TO LAUNCH TRANSFORMATIONAL E-COMMERCE GATEWAY HUB IN OMAN AND THE MIDDLE EAST

Retrieved on: 
Monday, October 9, 2023
Partnership, Foreign direct investment, Multimedia, SME, Oman Post, Express, UK/European Tour EP, Hermes (company), FDI, Bloomberg, Ecosystem, Warehouse, Retail, Online shopping

Shaikh Ibrahim bin Sultan Al Hosni, Acting CEO of Oman Post and Asyad Express, expressed his enthusiasm for the strategic alliance with Evri: "Our collaboration with Evri is a testament to our commitment to positioning Oman as a prominent e-commerce hub in the Middle East.

Key Points: 
  • Shaikh Ibrahim bin Sultan Al Hosni, Acting CEO of Oman Post and Asyad Express, expressed his enthusiasm for the strategic alliance with Evri: "Our collaboration with Evri is a testament to our commitment to positioning Oman as a prominent e-commerce hub in the Middle East.
  • We are confident in this strategic partnership's potential to promote sustainable economic growth in Oman and the Middle East."
  • By joining forces with Asyad Express, we are well-positioned to offer a superior e-commerce solution that caters to the unique needs of the Middle Eastern market.
  • "Through this strategic alliance, Evri and Asyad Express will bring together our industry-leading capabilities, innovative technologies, and deep market knowledge to optimize the e-commerce landscape in the Middle East.

Cian Completes Acquisition of SmartDeal

Retrieved on: 
Tuesday, September 19, 2023
Commercial Building & Real Estate, Apps, Applications, Technology, Construction & Property, Other Technology, Professional Services, Other Construction & Property, Other Professional Services, Residential Building & Real Estate, Foreign direct investment, PLC, B2B, CIAN, B2C, Sale, Acquisition, Pakistan-Russia Inter Governmental Commission, MOEX, Control, Cryptocurrency, Sales

Cian PLC (MOEX: CIAN) (“Cian” or the “Company”), a leading online real estate classifieds platform in Russia, today announced obtaining an approval from the Governmental Commission for Control over Foreign Investments in Russia and signing an agreement to acquire 100% of SmartDeal (Praktika Uspekha LLC).

Key Points: 
  • Cian PLC (MOEX: CIAN) (“Cian” or the “Company”), a leading online real estate classifieds platform in Russia, today announced obtaining an approval from the Governmental Commission for Control over Foreign Investments in Russia and signing an agreement to acquire 100% of SmartDeal (Praktika Uspekha LLC).
  • Cian obtained regulatory approvals in line with the preliminary agreement entered into by the parties in April 2023, and announces closing the main part of the transaction to acquire 100% of SmartDeal's share capital.
  • Cian and SmartDeal started their cooperation in early 2021 as they combined efforts to launch Cian.Transaction, an online transaction service that went live in October 2021.
  • Founded in 2017, SmartDeal (Praktika Uspekha LLC) is a leading player in the Russian market for e-registration of property deals.

The 24-point guidelines for attracting foreign investment: China's new recipe for boosting economy

Retrieved on: 
Friday, August 25, 2023
CPC, Politburo, COVID-19, R, Foreign direct investment, Multilateralism, FDI, Environment, Central committee, State Council, Financial services

China's State Council has recently issued a statement outlining its guidelines regarding ramping up efforts to attract foreign investments.

Key Points: 
  • China's State Council has recently issued a statement outlining its guidelines regarding ramping up efforts to attract foreign investments.
  • It is "unprecedentedly steadfast" because most measures listed in the document are groundbreaking compared to those in the past.
  • But this time, the statement points out that qualified foreign investors are encouraged to set up investment companies and regional headquarters.
  • The issuance of policies related to spurring foreign investment in China embodies the determination of the Chinese government to open up further to the world.

Countdown Begins for WCIT|IDECS 2023: Unlocking the Potential of the Innovative Tech Industry and Digital Economy

Retrieved on: 
Tuesday, August 15, 2023
Cloud, MTDC, Borneo Convention Centre Kuching, Committee on Social Inclusion, Participative Democracy and Human Rights, Tourism, History (American TV network), WSJ, Foreign direct investment, WCIT, Policy, World Resources Forum, Utility, Business, Woman, WITSA, Digital Nasional Berhad, YB, Innovation, MUT, Digital, MAS, Personality, Osaka University, Congress, ICT, Maxis Communications, TLC, FDI, SDEC, Digital economy, Host, Biophysical environment, Artificial intelligence, Knowledge, TVS, Ecosystem, City, Trailblazer, Sustainable development, Robotics, Forum, ATR, NEC, Conference, Rare-earth element, Renewable energy, Information technology, Clothing, Huawei

Speaking at the countdown launch event, YB Datuk Haji Julaihi said, "On behalf of the Sarawak Government, we are pleased to announce the countdown to WCIT|IDECS 2023.

Key Points: 
  • Speaking at the countdown launch event, YB Datuk Haji Julaihi said, "On behalf of the Sarawak Government, we are pleased to announce the countdown to WCIT|IDECS 2023.
  • The event will explore thought-provoking discussions and provide an unparalleled opportunity to explore the latest trends, technologies and business models in the digital economy.
  • "In October, the trailblazers of the tech industry will be in Kuching, making Sarawak a focal point of global tech and innovation.
  • The event will be welcoming international tech luminaries and stakeholders, and spotlighting Sarawak as a thriving hub of digital transformation."