Latest News for: Foreign ownership

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MPs demand the Government intervene and examine £6.3billion US takeover of UK defence giant Meggitt ...

The Daily Mail 02 Aug 2021
Meggitt is the latest large British company subject to a foreign takeover and MPs on the Defence Select Committee believe ministers must step in to see if the deal is acceptable amid national security concerns ... There have been repeated controversies in recent months and years over attempted foreign takeovers of British firms.
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IDEMIA's facial recognition algorithm maintains #1 ranking in NIST's FRVT test

Johnson City Press 02 Aug 2021
ALEXANDRIA,�Va., Aug ... IDEMIA's ownership of the top ranking reinforces the trust and reliability of its facial recognition solutions at both a government and consumer level ... The full report can be viewed here . About IDEMIA NSS. National Security Solutions (NSS) is the Foreign Ownership, Control, or Influence (FOCI) mitigated IDEMIA affiliate ... ....
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US aerospace giant in £6billion swoop on British defence pioneer Meggitt

London Evening Standard 02 Aug 2021
Another of Britain’s heritage engineering assets today moved to the brink of foreign ownership after US firm Parker-Hannifin revealed a £6.3 billion swoop for the aerospace and defence products firm Meggitt ... .
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Share price of Ambuja Cements jumps as Sensex gains 342.54 points

The Times of India 02 Aug 2021
Share price of Ambuja Cements. Ltd. gained 1.01 per cent to Rs 415.2 at 11.48AM (IST) in Monday's trade ... Did you Know? ... Ambuja Cements Ltd ... Promoters held 126.56 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 35.38 per cent and 24.48 per cent, respectively. Key Financials ... .
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Share price of Concor jumps as Sensex gains 277.11 points

The Times of India 02 Aug 2021
The share price of Container Corporation of India Ltd. gained 3.77 per cent to Rs 668.6 at 10.20AM (IST) in Monday's trade ... Did you Know? ... Promoters held 54.8 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 24.94 per cent and 9.07 per cent, respectively. Key Financials ... .
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Share price of Shree Cements jumps as Sensex gains 314.74 points

The Times of India 02 Aug 2021
The share price of Shree Cements. Ltd. gained 1.35 per cent to Rs 28639.15 at 10.46AM (IST) in Monday's trade ... Did you Know? ... Shree Cements Ltd ... Promoters held 62.55 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 13.02 per cent and 7.92 per cent, respectively ... .
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KOSPI on course toward mild corrections in August

Korea Times 01 Aug 2021
Foreign ownership of Korean stocks falls to lowest level since August 2016 ... This prediction follows sluggish performance driven by foreign investors' selling spree in July ... Foreign investors have been reducing the number of stocks in their portfolios lately and Korean shares are no exception.
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Renewable energy creates opportunities for PH, India

The Manila Times 01 Aug 2021
THE Philippines aims to attract P10-trillion worth of investments in the energy sector as well as wean the country off fossil fuels ... The authorities have also diversified the energy mix and improved offers to foreign investors. For instance, the government now allows 100-percent foreign ownership of geothermal power plants ... "We need the MoU," Mr ... .
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Ajman DED achieves significant growth in H1 2021

Urdu Point 01 Aug 2021
Al Hamrani added that it is expected to witness an increase in the volume of investments in the coming period due to recent amendments to the Companies Act, which allows foreign investors 100 percent ownership in nearly 1000 activities ... Al Nuaimi added that the following activities have accounted for the largest share of the new licences ... ....
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Dubai's response to curb Covid-19 enabled 'robust economic growth', Sheikh Hamdan says

The National 01 Aug 2021
Dubai cancels or reduces fees for 88 government services ... Investment summits and helping start-ups ... The measures, such as full ownership for foreign investors, have also helped in boosting foreign direct investment into key sectors of the emirate and raised its global competitiveness in line with its goals for the next 50 years.Quote ... .
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Hamdan bin Mohammed: Dubai on track to realise Mohammed bin Rashid’s vision

Urdu Point 01 Aug 2021
The full ownership option granted to foreign investors, which is a momentous step towards achieving the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to attract foreign direct investment (FDI) into ...
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Dubai turned challenges into success: Sheikh Hamdan

Khaleej Times 01 Aug 2021
Sheikh Hamdan said the full ownership option granted to foreign investors, which is a momentous step towards achieving the vision and directives of Sheikh Mohammed to attract foreign direct investment (FDI) into vital sectors and raise business competitiveness in line with ...
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Increasing Chinese property purchases concern Koreans

Korea Times 31 Jul 2021
Hong Seok-joon of the main opposition People Power Party, foreigners owned 157,489 real estate properties as of 2020, which is 2.2 times more than 2011 ... They account for 36.37 percent of total foreign ownership as of last year ... Chinese real estate ownership increased 26.6 times in Gyeonggi Province which surrounds the capital.
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US regulators step up scrutiny of IPO hopefuls from China

Federal News Radio 31 Jul 2021
regulators will allow them to list their stock ... SEC Chair Gary Gensler pointed in particular to Chinese businesses that use shell companies to get around Chinese rules blocking foreign ownership for their industries ... Insight by Tableau ... The shell company has no ownership of the Chinese company. Instead, it has service contracts with it ... Among them ... .
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Sotto: Senate to take up economic Cha-cha, but….

Manila Bulletin 31 Jul 2021
The Senate may heed calls from the House of Representatives and act on the proposal to amend the economic provisions of the 1987 Constitution ... RBH 2 seeks to allow lawmakers to change the constitutional limitations on foreign ownership in certain sectors of the economy, such as telecommunications, public utilities, media, advertising, and education.

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