VOL NO REGD NO DA 1589

Monday, November 21, 2005

HEADLINE

POLITICS & POLICIES

METRO & COUNTRY

VIEWS & REVIEWS

EDITORIAL

LETTER TO EDITOR

COMPANY & FINANCE

BUSINESS & FINANCE

TRADE/ECONOMY

LEISURE & ENTERTAINMENT

MARKET & COMMODITIES

SPORTS

WORLD

 

FE Specials

FE Education

Urban Property

Monthly Roundup

Saturday Feature

Asia/South Asia

 

Feature

13th SAARC SUMMIT DHAKA-2005

WOMEN & ECONOMY

57th Republic Day of India

US TRADE SHOW

 

 

 

Archive

Site Search

 

HOME

BUSINESS & FINANCE
 
UAE plans to buy more overseas assets
11/21/2005
 

          LONDON, Nov 20 (Reuters): The United Arab Emirates plans to increase its investment from surging oil income by buying more overseas assets and boosting infrastructure to attract foreign capital inflows, the country's economy and planning minister said.
In a rare interview, Sheikha Lubna al-Qassimi told the news agency "Because of the influx of petrodollars at the moment, that has created much more strength in the economy especially in the financial markets."
"At the same time there has been quite a lot of investment abroad too. Diversification and global investment is the way forward ... You have to provide a balance between looking for opportunities overseas as well as locally," she said in the interview cleared for publication Saturday.

 

 
  More Headline
Cracks appear in Asia-Pacific unity on WTO trade talks
EU to tackle sugar reforms amid bitter trade talks
China, US pledge to work together to balance trade, fight piracy
UAE plans to buy more overseas assets
HSBC wins KSA investment banking licence
US corporate excess under fire as unions go on attack
Putin hopes trade can overcome Kurils dispute with Japan
China sees solid growth, low inflation in '06
 

Print this page | Mail this page | Save this page | Make this page my home page

About us  |  Contact us  |  Editor's panel  |  Career opportunity | Web Mail

 

 

 

 

Copy right @ financialexpress.com