TIRANA, September 7 Albania and the five other countries of the Western Balkans, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia have completed the draft on investment cooperation. This is an initiative launched in the frame of the joint plan on regional integration. According to the Regional Cooperation Council, the investment draft includes: A specified…

TIRANA, August 16 According to the United Nations (UN), foreign direct investment has become decisive for the performance of the Albanian economy. In 2016, foreign investments in Albania were 1 billion and 124 million $. This means that one in every 3 ALL invested in the Albanian economy is already coming from abroad. According to the…

TIRANA, July 4 The stock of Foreign Direct Investments (FDI) for the first quarter of 2017 reached Euro 5.8 billion. Official data provided by the Bank of Albania (BoA) show that the value of domestic assets owned by foreigners increased by Euro 800 million. What are the sectors that attracted more overseas investments? According to…

TIRANA, June 15 Investors from all over the world will gather in Albania on September 28-29 and attend Tirana Business Matching. The goal of this activity is to transform the capital into a metropolis for international business. The event will focus on foreign direct investments and partnership between international business representatives and Albanian companies. According…

TIRANA, June 9 Albania is one of the main protagonists in the Balkans regarding the flow for Foreign Direct Investments (FDIs). This was confirmed by the United Nations Conference on Trade and Development (UNCTAD) in the World Investment Report 2017. According to the report, even though FDI in South-East Europe declined slightly to 4.6billion dollars,…

TIRANA, June 5 About 3.6 percent of businesses in Albania, or 5,600 companies, are owned by foreign investors. This was confirmed by the Albanian Institute of Statistics (INSTAT) in a recent press release on the business register for 2016. According to the data, foreign capital has a major impact, especially on employment. Currently, more than…

TIRANA, April 4 Official authorities from the United Arab Emirates are considering the opportunity for starting a new direct route Dubai-Tirana. This fact was confirmed to the chair of the Albanian Investment Development Agency (AIDA), Genti Beqiri, who is attending Dubai’s Annual Investment Meeting. Beqiri held a meeting with the undersecretary of the UAE Ministry…

TIRANA, April 3 The Bank of Albania (BoA) reported that foreign direct investments in Albania hit the record of Euro 1 billion during 2016. According to the data provided by the balance of payments, foreign companies invested some Euro 983 million or 10.5 percent more compared to the previous year. Detailed data show that the…

TIRANA, March 30 The Albanian government decided to postpone the term on special protection for foreign investments. The Council of Ministers decided during its last meeting to postpone to December 31, 2018, the term set in the law on foreign investments. Besides the new term, the government decided to add a section that defines detailed…