This region should consider shifting some of its focus for foreign direct investment (FDI) from European to Asian markets, said James Wolfensohn, former president of the World Bank Group. Wolfensohn was addressing the audience at the panel, “Role of government communications and reputation management in attracting FDI,” during the International Government Communication Forum being held…

The emirate of Sharjah in the UAE has earned stable ratings from two international agencies with political stability, business-friendly environment and free trading zones contributing significantly to the positive outlook. The Sharjah Finance Department says Moody’s and Standard & Poor’s have assigned long-term rating of ‘A3’ and ‘A’, respectively, to the cultural capital of the…