Liedekerke ’s Post

Kuwait has made significant amendments to the Public Tenders Law to enhance foreign investment and improve the business environment. Key changes include removing the local agent requirement and allowing foreign companies to apply for tenders through their branches in Kuwait. These amendments aim to attract more investments, promote competition, create job opportunities, and transfer knowledge and technology to the country, marking a milestone in Kuwait's economic development. #ProcurementLaw #ForeignInvestment #Kuwait #BusinessEnvironment #LawAmendment #EconomicDevelopment #Transparency #InvestmentAttraction #ForeignCompanies

Saudi Arabia's New Investment Law: Key Highlights One-Time Registration: Streamlines the investment process by eliminating multiple licenses and pre-approvals, reducing bureaucracy. Equal Treatment: Ensures foreign and local investors are treated equally, with full freedom to manage investments and repatriate funds. Dispute Resolution Flexibility: Investors can resolve disputes outside of court, providing more flexibility. Ambitious FDI Targets: Aims to boost FDI from $19 billion in 2023 to over $100 billion annually by 2030. Enhanced Support: Establishment of dedicated service centers and a "one-stop shop" for investors. #SaudiArabia #Vision2030 #ForeignInvestment #BusinessGrowth #FDI

An interesting job opportunity

Expanding beyond the mainland, let's delve into the offshore possibilities within the UAE's dynamic economic zones. Offshore zones like JAFZA and RAKFTZ open doors for foreign investors to establish companies with unique benefits. These entities can serve as holding companies, subjected to the specific regulatory laws of their chosen Free Zone. They may not engage in local business activities, yet they hold the privilege to own property in the UAE, offering a strategic advantage in one of the world's most dynamic markets. Navigating the distinct requirements of each Free Zone can be complex. From annual CSP appointments that bridge gaps between shareholders and Free Zones, to varied company establishment protocols - Limitless Business Avenue is here to guide you through each meticulous step. For entrepreneurs eyeing a global stance from a strategic location, the UAE's offshore zones present the perfect springboard. With Limitless Business Avenue, make the leap confidently. Get in touch with us today! We're here to navigate this journey with you, every step of the way. Visit Limitless Business Avenue, follow us on Instagram @limitless_business_avenue, tweet us @lbaadvisory, or email info@lba-advisory.com. #LimitlessBusinessAvenue #UAEOffshore #EconomicZones #Business

Checkout this article from The Enterprise Company discussing our recent investment in tappi #acasiarising #africarising #venturecapital https://lnkd.in/dEB6XXdU

The #EU will provide €1 billion of urgent short-term macro-financial assistance to #Egypt to help stabilise its economy. The €1 billion of short term assistance is part of a package of two proposals to provide macro-financial assistance to Egypt. The second part of the operation, still to be adopted, would provide € 4 billion over the period 2024-2027.

Ethiopia, a rising market in the Horn of Africa, offers vast opportunities for both domestic and foreign investors. Governed by a parliamentary system and actively engaged in major infrastructure projects, Ethiopia is creating a conducive environment for business, particularly in industries like agro-processing and manufacturing. The country provides significant incentives such as customs duty exemptions and income tax holidays, aiming to attract investment and spur economic growth.

🚨EU Funds Misused For Embezzlement & Money Laundering-EPPO Initiates Probe into Zheleznitsa Tunnel: The European Public Prosecutor’s Office #EPPO in #Bulgaria, searches are underway in six companies and four private houses across two Bulgarian districts. The aim? To gather crucial evidence in a suspected case involving #Embezzlement, misuse of #EU funds, and #MoneyLaundering linked to the construction of Bulgaria's longest road tunnel, the #Zheleznitsa tunnel. The construction, managed by the Bulgarian Road Infrastructure Agency, received substantial #Funding from the #European Cohesion Fund under the Operational Programme “Transport and Transport Infrastructure”. However, a signal received by Bulgaria’s State Agency for #NationalSecurity triggered an #Investigation by the EPPO, revealing potential #CriminalActivities within one of the project's contractor companies. Allegations include #Fictitious #MoneyTransfers totaling more than BGN 11 #Million (€5.6 million) to #HollowCompanies, leading to #CashWithdrawals by individuals with #CriminalRecords. These entities are also under #Scrutiny in another EPPO #Investigation related to railway infrastructure projects. The investigation remains #Ongoing as authorities work to uncover the full extent of the #Suspected criminal activities. For more information, visit EOOP’s official publication (link in the comment section). #EPPO #MoneyLaundering #Embezzlement #EUfunds #Bulgaria #ZheleznitsaTunnel

Saudi Arabia has established itself as a prime destination for business in the Middle East, leveraging its economic diversification and strong market potential. To navigate the incorporation process in this evolving market successfully, consider these strategic steps: https://lnkd.in/dEhatqzU #vision2030 #incorporation #SaudiArabia #globalmobility

Just days before the 2024 general elections, the federal cabinet greenlit changes to Pakistan International Airlines (PIA). They opted to divide PIA into two entities: TopCo and HoldCo. TopCo will manage core operations like engineering and training, while HoldCo will oversee assets such as properties and investments. The aim is to attract investors to PIA, as decided during a meeting chaired by Caretaker Prime Minister Anwaar-ul-Haq Kakar. The cabinet emphasized the urgency of resolving disputes regarding PIA's debts swiftly. The decision to restructure PIA diverges from the previous government's plan under the Pakistan Democratic Movement (PDM) to privatize the airline. Financial discipline, mandated by an agreement with the International Monetary Fund (IMF), influenced this move. PIA has faced ongoing challenges, including concerns about its sustainability and significant losses. Notably, the airline suspended flights to Europe and the UK in 2020 following a pilot license scandal. #PIAReform #CabinetDecision #InvestmentOpportunity #PIA #Europe #UK #properties #PrimeMinister #investments #goal #Scoophubofficial #Scoophub