Abu Dhabi Ports and Port of Fujairah ink 35-year contract

His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, along with senior officials at the signing ceremony between Abu Dhabi Ports and Port of Fujairah. – Wam   His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, witnessed at Al Remailah Palace on […]

The Healthcare Industry in India: An Overview

The healthcare industry in India is projected to reach US$ 400 billion by 2025. This growth will be driven by factors such as the growing middle class (an additional 500 million by 2025), increasing number of senior citizens (More than 130 million by 2020) and the prevalence of non-communicable diseases (NCDs). Another key driver of […]

Modi government mulls allowing 100% FDI in retail, with caveats

To promote its flagship Make In India scheme with job creation at its core, the Narendra Modi government is considering allowing 100% foreign direct investment (FDI) in multi-brand retail—as long as the products are made in India. A government official familiar with the matter, who spoke on condition of anonymity, said the proposal is being […]

UAE, Indian officials explore new potential economic partnerships

UAE Minister of Economy Sultan bin Saeed Al Mansouri and President of the Confederation of Indian Industry, CII, Shobana Kamineni, have discussed prospects for creating new economic and trade partnerships between the two countries. UAE investments in India stand at US$10 billion, making the UAE the biggest Arab source of foreign direct investment, FDI, in […]

Confederation of Indian Industry to open UAE office

The UAE and India are one of each other’s largest trading partners and advancing this relationship to the next level, the Confederation of Indian Industry (CII) is all set to open its office in the country in near future. The CII is the largest industry chamber in India and its director-general Chandrajit Banerjee confirmed an […]

6 Major UAE Investments in India

UAE-based companies have invested a total of US$ 8 billion in Indian projects, with around US$ 3.01 billion in the form of Foreign Direct Investment (FDI). UAE is the tenth largest investor in India in terms of FDI. Key UAE-based companies that are actively pursuing projects in India include Emaar, DP World, Abu Dhabi’s National […]

DP World to invest $1 bn in Indian logistics sector

The UAE-based DP World has committed $1 billion investment in Indian infrastructure, including logistics and container terminals. “We have already invested $1 billion and will soon invest another $1 billion,” said Sultan Ahmed bin Sulayem, chief executive officer, DP World. DP World runs marine and inland terminals and offers maritime, logistics, ancillary and technology-driven trade […]

UAE’s Etihad Airways and India’s Jet Airways sign landmark tourism agreement with Government of Maharashtra

Etihad Airways, the national airline of the United Arab Emirates, and strategic partner Jet Airways, India’s full-service premium international carrier, have signed a ground breaking agreement with the Government of Maharashtra to promote tourism to the western Indian state. The partnership will enable both airlines to capitalise on their strong links with Maharashtra and further […]

Tie-up to promote UAE investments in India

The UAE International Investors Council (UAEIIC) and UAE-India Business Council (UIBC) have signed an agreement for facilitating trade and investments including expansion of joint ventures, technological & industrial collaboration between UAE and India. The Memorandum of Understanding (MoU) was signed by Jamal Saif Al Jarwan, secretary general, UAEIIC and Abdul Salam, director general, UIBC during […]