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 […]

Rajesh Exports buys world’s largest gold refining firm Valcambi for $400 mn

In what could be the first overseas acquisition by an Indian jewellery firm, Rajesh Exports (REL), has acquired Switzerland-based gold and silver-processing company Valcambi for an investment of $400 million. The Rs 50,000-crore REL made an all cash deal through its wholly-owned subsidiary in Singapore. Credit Suisse is part financing the acquisition through a long-term debt. […]

Lasting friendship, advanced relationship

The United Arab Emirates and the Republic of India have, for centuries, enjoyed strong, sustained relationships ever since trade was established as the primary activity connecting the people of both nations, by virtue of the two countries’ strategic locations along global maritime trade routes. Modern-era relations between the UAE and India began with the establishment […]

Pradhan for boosting bilateral trade in energy sector with UAE

Minister of Petroleum and Natural Gas Dharmendra Pradhan on Wednesday said that there was lot of untapped potential to boost trade and investment in the hydrocarbon sector with the UAE. In a bilateral meeting with UAE Energy Minister Suhail Mohammed Al Mazrouei, he said that while there were no upstream engagements by any Indian exploration […]

UAE, India trade tops Dh216bn in one year

Trade between the UAE and India has rapidly grown over the past two decades due to their strong political, social and economic links, with the bilateral exchange topping Dh216 billion in fiscal year 2014-2015. The figure includes around Dh122 billion worth of Indian exports to the UAE and Dh94 billion worth of UAE export to […]