India: An investment gateway for UAE businesses

India is emerging as a top new investment destination for many Gulf businesses in general and the UAE in particular. Business tie-ups have bolstered on both sides – in the UAE and India as well. Both nations have taken strategic decisions to benefit from each other’s strengths and tap the full potential of business opportunities. […]

INDIA JUST MIGHT BE GETTING A HYPERLOOP

Image: Hyperloop Transportation CALIFORNIA MAY HAVE produced the horrorshow traffic that prompted Elon Musk to pitch the hyperloop, but it’s hardly the only place eager to ditch cars for levitating pods hurtling through tubes at speeds approaching the sound barrier. India wants in, too. Today, Hyperloop Transportation Technologies, one of the companies formed to realize Musk’s vision of tube travel, […]

Cabinet reshuffle: New Defence Minister Nirmala Sitharaman to focus on Make in India

In the biggest change in the Cabinet reshuffle, Nirmala Sitharaman was appointed India’s first-ever first full-time woman defence minister. She listed Make in India as a priority on her agenda, as the in-charge of 1.6 million military personnel. Sitharaman, 58, a Rajya Sabha member, is the second woman to take charge of the ministry. Indira Gandhi, […]

1,065 weekly India-UAE flights reflect strong relations

Despite having over 1,000 flights a week between India and the UAE, there is an additional demand for flights, which reflects the dynamic nature of the bilateral relationship, a top Indian diplomat told Gulf News. “This is a huge number [1,065 flights] by any standards,” Navdeep Singh Suri, the Indian Ambassador to the UAE, said […]

Cruise tourism can be a game changer for India, says Gadkari

Union minister for Shipping Nitin Gadkari today unveiled a standard operating procedure (SoP) for developing cruise tourism in the country. The minister said that cruise tourism could be a “game-changer” for India as it has a potential to generate revenues of Rs 35,000 crore while creating employment for over two lakh people. Speaking at a […]

Fujairah signs deal for Smart Logistics City

Image courtesy: WAM The Government of Fujairah has signed a partnership agreement with Minpoint Business Investments and NIRAS International Consultancy, to begin the first phase of construction of the Smart Logistics City in Fujairah, the UAE state news agency WAM reported. The agreement was signed in the Danish capital, Copenhagen, by Mohammed Saeed Al Dhanhani, […]

Booster shot for Make in India: Railways makes big infrastructure push, set to develop Southern Freight Corridor, says Suresh Prabhu

Indian Railways is in the process of developing a Southern Freight Corridor (SFC), which would be connected to one of three corridors, Union minister Suresh Prabhu said. The three Dedicated Freight Corridors (DFC) planned by the Railways will provide logistics support to the ‘Make in India’ campaign and one of the corridors will be connected with the […]

Abu Dhabi ‘in talks to buy 49% stake in Indian airport’

Abu Dhabi is reportedly close to finalising the purchase of a 49 percent stake in one of India’s busiest airports. The sovereign wealth fund Abu Dhabi Investment Authority is competing against Paris Aeroport to acquire the minority shareholding in Hyderabad International Airport, India’s The Economic Times reported. ADIA’s talks were more advanced than those of […]

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