Why Indian startups are making a beeline for the UAE

Regions with the most startup activity apply certain principles to attract startups. They build a common resource to attract a specific industry, create an environment where industry players would like to live and work, and articulate values backed by an action plan. Population in the United Arab Emirates (UAE) has exploded from less than a […]

UAE likely to open consulate in Kerala in August

The UAE is expected to open its new consulate in India in the southern state of Kerala in August. A senior diplomat has been appointed the first Consul-General at the proposed consulate in Thiruvananthapuram, the capital of Kerala, and he will also take charge next month. However, the official announcement in this regard will be […]

Cabinet nod to India, UAE agreement on infrastructure fund

The union cabinet approved the MoU between India and the UAE signed on February 11, 2016, to mobilize long-term investment into the National Investment and Infrastructure Fund (NIIF), an official statement said here. The objective of NIIF is to maximize economic impact mainly through infrastructure development in commercially viable projects, both greenfield and brownfield, including […]

UAE’s Ministry of Economy supports the 2nd UAE – India Economic Forum

The deep economic and commercial engagement between UAE and India has been the cornerstone of a strong bilateral relationship. Bilateral trade exceeding $ 60 Billion reflects the evolution of this strategic and growing partnership. With several key trade agreements and partnerships in place, both economies are positioned as attractive investment destinations and strong partners. As […]

India’s smart city push gets boost from the UAE

A Dubai-owned IT and business park in Kochi in the south Indian state of Kerala launched yesterday following years of delays. It comes as the Indian government gears up to spend as much as US$580 million across 20 cities chosen under the smart cities programme set up by Narendra Modi, the prime minister. It marks […]

Dana Group joins the 2nd UAE – India Economic Forum as Associate Sponsor

Dana Group, an established group of companies which have multi-faceted activities in the global steel, oil and retail industries, has announced its partnership with the 2nd Edition UAE – India Economic Forum as Associate Sponsor. The forum is a flagship event organized by UMS Conferences, creating the most definitive platform for major investors and government […]

India, UAE to set up parliamentary panel to enhance ties

Seeking to boost the growing bilateral strategic ties, India and the UAE will set up a joint panel of parliamentarians to enhance relations and facilitate their visits to promote cooperation to tackle security issues and challenges facing the region. A decision was taken in this regard during a meeting between first woman speaker of UAE’s […]

Indian spice giant unveils $95m food factory in Ajman

Arab & India Spices (AIS), the second largest processor of pulses and spices in the world, has unveiled a AED350 million ($95.2 million) food production facility in Ajman. The factory premises covers an area of over 400,000 square feet, and the production plant has the capacity to process additional 36,000 tons of lentils annually. With […]

UAE-India trade to scale new high

Bilateral trade and investment between the UAE and India are set to start a new growth chapter in 2016 and will scale to a new peak in coming years as several agreements are expected to be signed during a high-level UAE government delegation visit to India this week, according to an expert. Indian Business and […]