cuba investment

Cuban-Emirates Business Forum Addresses Investment Protection, Taxation

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Cuban-Emirates Business Forum Addresses Investment Protection, Taxation

Last week, first ever bilateral UAE-Cuba Investment Forum in Abu Dhabi highlighted the opportunities for investment in the Cuban economy. It was the culmination of a week-long program for a group of senior Cuban Government officials and businessmen led by Rodrigo Malmierca Diaz, Cuba’s Minister of Foreign Trade and Investment.  The Cuba group also visited … Read more

Cuba Forges Risky Plan for Deepwater Drilling

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Cuba Forges Risky Plan for Deepwater Drilling

According to a Reuters report, Cuba-Petroleo (Cupet) plans to contract with foreign firms to drill exploratory wells as deep as 7,000 meters (23,000 ft) in waters of up to 3,000 meters. “We will initiate a drilling campaign at the end of 2016 or the start of 2017,” Osvaldo Lopez, Cupet’s head of exploration, told Reuters … Read more