Railways to allow corporates to run own freight trains, move may pave way for private passenger trains

Indian Railways will soon allow private companies to run freight trains from their own private terminals, a move which could potentially break the monopoly of the national transporter on the country’s rail roads. Companies from sectors such as cement, steel, auto, logistics, grains, chemicals and fertilisers have evinced interest in having their own fleet under […]

8 Interesting Facts about the Sustainable and Renewable Energy Landscape in UAE

As per the World Bank, UAE is the eighth largest emitter of greenhouse gas and CO2 emissions per capita. The country is attempting to diversify its economy to reduce its dependence on oil, and is consequently actively promoting green technology. In April 2006, Abu Dhabi launched Masdar, a diversified, multi-billion dollar company that researches, develops and commercialises […]

India seeks UAE investment for modernising its rail network

India will invest $ 140 billion to modernise its rail network over the next five years and is in talks with UAE-based sovereign wealth funds, Railways Minister Suresh Prabhu has said. “Of the $ 140 billion we will be investing over the next five years, the majority will go towards India’s modernisation efforts, the introduction […]

4 Industry Sectors in UAE that Present Huge Opportunities for Investors

The UAE government is committed to developing its non-oil sectors in a bid to diversify its economy. It has made giant strides in this regard, and is undertaking initiatives to boost various sectors. It is also making significant efforts to attract foreign investments. Akber Naqvi, Executive Director of Al Masah Capital, identifies four sectors that are particularly […]

7 Reasons Why UAE-India Ties Are at an All-Time High

H.H. Shaikh Mohammad Bin Zayed Al Nahyan visited India in January and was the chief guest at the Republic Day celebrations. His visit was viewed as a sign of strengthening bilateral relations, with the two countries signing 14 strategic agreements related to energy, economy and trade.   UAE currently hosts the largest Indian community overseas, […]

UAE Based payment solution provider OMA Emirates announces Indian operations

Leading United Arab Emirates based payment solutions provider OMA Emirates announced its strategic entry in India on Friday. The company currently has a presence in the Middle East, Europe and select parts of Asia. The immediate Indian operations will commence with sales, business development, and marketing along with the acquisition of mPOS solutions company MobiSwipe. […]

UAE connection to India’s record 104 satellites launch

India successfully put a record 104 satellites from a single rocket into orbit on Wednesday in the latest triumph for its famously frugal space agency. Nearly all of the nano satellites are from other countries, including Israel, Kazakhstan, The Netherlands, Switzerland, United Arab Emirates and 96 from United States. Scientists gathered for the launch in […]