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Investment

Indian Commerce Minister Discusses Investment Plans with Top UAE Company CEOs

Indian Commerce Minister Discusses Investment Plans with Top UAE Company CEOs

Dubai, October 6, 2023 — Piyush Goyal, the Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, held pivotal discussions with the top brass of premier UAE firms in Dubai. During his interaction with the CEOs of Emaar, Sharaf, and DP World, the agenda prominently centered

UAE and India Ink MoU to Bolster Industrial Development and Advanced Technologies

UAE and India Ink MoU to Bolster Industrial Development and Advanced Technologies

Abu Dhabi, October 5, 2023 - In a significant stride towards sustainable industrial progression, the UAE and India have sealed a memorandum of understanding (MoU). Signed at the eminent Emirates Palace, this collaboration pledges to elevate industrial investments, foster technology transfer, and drive key tech deployment across industries. Dr. Sultan

Dubai based Sobha Developers to Invest Rs. 10 billion in Sabarmati Riverfront Development

Dubai based Sobha Developers to Invest Rs. 10 billion in Sabarmati Riverfront Development

Gandhinagar, 30 September 2023: In a significant development for Ahmedabad's infrastructure, the Gujarat government has sealed a deal with Dubai-based Sobha Developers. The memorandum of understanding (MoU) entails an investment of Rs. 10 billion by Sobha Developers over the next five years for the development of a 4.

Abu Dhabi's International Holding Company Elevates Its Share in India's Adani Enterprises Ltd Beyond 5%

Abu Dhabi's International Holding Company Elevates Its Share in India's Adani Enterprises Ltd Beyond 5%

Abu Dhabi -Ahmedabad, October 3, 2023 - In a significant move underscoring its confidence in India's growth prospects, International Holding Company (IHC) has raised its stake in Adani Enterprises Ltd (AEL) to beyond 5%. The increased investment highlights IHC's trust in AEL's leading global

UAE based LuLu Group Unveils Mega Shopping Mall in Hyderabad

UAE based LuLu Group Unveils Mega Shopping Mall in Hyderabad

HYDERABAD, Sept 27, 2023 - LuLu Group, the renowned UAE-based retail giant, has broadened its footprint in India by inaugurating a colossal shopping mall in Hyderabad. The Chairman and Managing Director of Lulu Group International, Mr. Yusuff Ali, remarked during the launch that the company has earmarked an investment of

Abu Dhabi's IHC to Dispose its Stakes in Adani Units

Abu Dhabi's IHC to Dispose its Stakes in Adani Units

Abu Dhabi, Sept 28, 2023 - The Abu Dhabi-based International Holding Company (IHC) announced its decision to dispose its Foreign Direct Investment (FDI) in Adani Green Energy Ltd and Adani Transmission Ltd. This move comes as part of IHC's broader portfolio rebalancing strategy. Green Energy Investment Holding RSC

India Leads Non-Arab Nations with Highest FDI Stock in Bahrain

India Leads Non-Arab Nations with Highest FDI Stock in Bahrain

Foreign Direct Investment (FDI) has been a vital instrument in globalization, allowing countries to establish economic ties and increase mutual growth. Over the years, Bahrain, an island nation in the Persian Gulf, has emerged as a significant hub for such investments, with nations around the globe staking their claim in