Fahad Al Taffaq
Director of Economic Affairs & Int’l Cooperation, Ministry of Foreign Affairs
His Excellency Fahad Al Taffaq is a prominent economic figure in the United Arab Emirates and is responsible for placing economics and market forces at the center of the UAE’s foreign policy through harnessing global economic forces to advance the UAE’s foreign policy and employing the tools of foreign policy to shore up its economic strength.
His Excellency has been a prime lead of the implementation of international strategic programs, and in leading successful organizational transformations in the UAE. With more than 13 years in executive managerial positions in the fields of economic policy, offset programs, strategic investments portfolio management, financial management, defense manufacturing, human capital development, entrepreneurship, and international development programs.
In his capacity as the Director of the Economic Affairs and International Cooperation Directorate at the Ministry of Foreign Affairs and International Cooperation, he is responsible for the development and execution of nationwide initiatives, programs and projects that advances the UAE’s Foreign policy through its economic enablers. His Excellency oversees the overall UAE economic activities, including but not limited to export, import, investments, bilateral economic agreements, lending, aid, and free trade agreements. His Excellency has been a key speaker and advisor to various unilateral and multilateral, local and international organizations on matters related to Economic Diplomacy.
His Excellency was a lead contributor to the spawn of major corporations in the UAE such as Tawazun Industrial Park, Caracal International, Tawazun Precision Industries, Rabdan Academy, Jahezeiya and Tawazun Economic Council. Yet another unique achievement of His Excellency is his lead role in establishing the Arab Incubators Network that spans across the Arab World and provides extensive support and services to the Entrepreneurs and Small and Medium enterprises.
NEW DELHI—India’s government on Monday eased foreign-direct investment restrictions in several sectors to increase inflows, a move that also could pave the way for Apple Inc. to open its own stores in one of its main growth markets.
A surge in cross-border mergers and acquisitions boosted global foreign direct investment flows around the world last year to $1.76 trillion, the most since the 2008-2009 financial crisis, the United Nations said in a study.
The ‘Foreign Direct Investment in Latin America and the Caribbean’ 2015 report published by Economic Commission for Latin America and the Caribbean (ECLAC) showed that Mexico recorded inflows of US$ 22.795 billion in 2014. Brazil continues to be the largest recipient of FDI in the region, though inflows US$ 62.495 billion, while Chile remains the … Continue reading Organisers of Annual Investment Meeting 2016 call for building investment bridges between Middle East and South America
The role of foreign direct investment into the continent remains significant: on average the government budgets of African countries currently depend on corporates domiciled in other countries for 14% of their funding.
Africa is now positioning itself as a major business opportunity for investors, according to ICAEW’s latest Economic Insight report.
China’s outbound direct investment (ODI )is expected to surpass $1 trillion for the first time in 2015, as slowing economic growth and rising internationalisation of Chinese business see more local companies investing overseas.
When the PM travels to the US this week to woo businesses there, one of the key facts that the government will be tomtoming about is the surge in foreign direct investment since Narendra Modi took over and how his personal touch has helped.
Foreign direct investment (FDI) in Turkey reached $3.39 billion in July, according to a report from the Ministry of Economy on Sept. 30.
The total volume of foreign investments in the UAE, at present a regional base for over 500 international companies, exceeded $100 billion in the past 10 years, Minister of Economy Sultan bin Saeed Al Mansouri said on Wednesday.
NEW DELHI: India has emerged on top of the foreign direct investment league table, overtaking China and the United States, according to the FT data service.