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Newsletter November 2017- New lines of business coming to fruition

EDITORIAL

Dear Valued Investors,

The Board of Investment is on the threshold of 2018. We have some very encouraging news regarding the recognition of BOI’s efforts and the institution’s rising prominence as a leading investment promotion agency in the region.

First, the Investment Commission of the United Nations in Geneva rewarded the Board of Investment with the United Nations Awards for Promoting Investment in the SDGs 2017 for the Medine Group’s Uniciti project. This award recognises BOI’s commitment in the adoption of best practices and for facilitating investments that are compatible with the sustainable development goals (SDGs).

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Newsletter January 2017 - Building a new ecosystem by leveraging innovative technologies

Dear Valued Investors,

Welcome to the first edition of BOI’s newsletter for the year.

We all, at the beginning of a new year, devise smart strategies to achieve the targets that we set. Invariably, the objective is continuous improvement. This analogy can be applied to our economy and our quest to continuously boost our productive capacity. This inevitably will result from harnessing the disruptive trends in technology that are changing the world today. 

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The World Bank forecasts a 2.7% global growth in 2017

Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year, as obstacles to activity recede among emerging market and developing economy commodity exporters, while domestic demand remains solid among emerging and developing commodity importers, according to World Bank report entitled “Global Economic Prospects 2017: Weak Investment in Uncertain Times”, released on 10th January 2017. 

 

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