Search Result for : Abu Dhabi

The Dollar Business Bureau  At the 11th annual edition of the UAE Ambassadors Forum in Abu Dhabi, an exclusive session was held on India-UAE relations, during which, MJ Akbar, India's Minister of State for External Affairs stated that India was keenly interested in furthering bilateral relations with UAE.  The session, moderated by Dr Ahmed Abdulrahman Al Banna, UAE ambassador to India, revolved around committing to stronger India-UAE relations, which will help mitigate the impact of fast-paced developments in the international arena.   The event, being held on April 9-13, was organised by Ministry of Foreign Affairs and International Co-operation  (UAE).  On the sidelines of the event, UAE-India Business Council (UIBC) and UAE International Investors Council (UAEIIC) also signed a Memorandum of Understanding for the facilitation of investment and trade between the two countries.  Both the bodies agreed to ...

Sheela Mamidenna Abu Dhabi Global Market (ADGM) and Gujarat International Financial Tec-City Special Economic Zone (GIFT SEZ IFSC) are pleased to further their partnership through closer collaboration on efforts and initiatives that foster the developments of each respective financial markets.  This new partnership was established in the signing of Memorandum of Understanding (MoU) by Mr. Ajay Pandey, Director and Group Chief Executive Officer of GIFT SEZ and Mr. Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority of ADGM. The United Arab Emirates and India have established decades of mutually beneficial cultural and economic bonds and continue to welcome developments in all aspects of this bilateral relationship.  This partnership reinforces Abu Dhabi’s long-term positive relationship with India; it also underscores ...

The Dollar Business Bureau In a recent meeting, the Indian Prime Minister and Prince Abu Dhabi Sheikh Mohammed Bin Zayed Al Nahyan discussed issues related to matters such as security, defence, and energy. Confirming the joint statement made by India and UAE, the bilateral engagements will be concluded by June 2017. Also, a 60% increase in mutual trade between the two countries has been targeted by June 2017. In a meeting held on 25 Feb 2017, the Indian PM and the Prince of Abu Dhabi decided to improvise mutual trade. The meeting included discussions and interests concerning security issues such as counter terrorism, cyber security, and maritime security. Both the leaders agreed to exchange maritime training to curb piracy. The report stated that the leaders ...

PTI Terming their ties as "time- tested", India and the UAE resolved to further intensify wide- ranging bilateral engagements including in strategic areas of security, defence, energy and decided to come up with an action plan by June to increase bilateral trade by 60% over the next five years. Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh Mohammed Bin Zayed Al Nahyan, who held comprehensive talks on Wednesday, also expressed satisfaction over the ties having been matured into a robust relationship across a broad spectrum of political, economic, trade and investment, energy, defence and security spheres. An India-UAE joint statement, issued on Thursday, said the two leaders reiterated that the ongoing close cooperation on a range of security ...

PTI Air India Express has started direct services from the national capital to the Gulf, with the first flight to Dubai taking off on Monday. The airline would begin direct Delhi-Abu Dhabi flight from Monday. The entry of Air India's international budget arm into Delhi is likely to intensify competition in the lucrative Gulf routes from the national capital since other Indian carriers have recently increased their frequencies. SpiceJet, IndiGo and Jet Airways have flights on Gulf routes. Air India Express will operate the two direct flights to Dubai and Abu Dhabi daily. New Boeing 737-800 aircraft with capacity to carry 189 passengers are being deployed. "The inaugural flight to Dubai, IX 141, took off with 166 passengers from New Delhi at 9.05 am on ...

Source: PTI   Mahindra Aerospace aims to set up operations in the UAE in the near future, Chairman of the company S P Shukla has said. Speaking at the Global Aerospace Summit in Abu Dhabi, Shukla said Mahindra is currently the only Indian company that produces aircraft and sell them in 30 countries including in the US and in parts of Africa and Asia. He said Mahindra Aerospace aims to set up operations in Abu Dhabi in the near future. Mahindra Aerospace currently produces the Airvan 8, a rugged and versatile utility aircraft in its class. It is also developing a 10-seat turboprop, the Airvan 10, which is on schedule for certification, the company had said last year. Shukla said India, currently ...

Besides strengthening of bilateral trade, a large number of UAE and Indian companies have shown interest to invest in each other’s countries Source: PTI Prime Minister Narendra Modi with a delegation accompanying the Crown Prince of Abu Dhabi, His Highness Sheikh Mohammed Bin Zayed Al Nahyan, at the Ceremonial Reception, at Rashtrapati Bhavan, in New Delhi on Thursday   Indian businessmen based in the UAE have hailed the ongoing visit of Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed Al Nahyan to India, hoping it would further boost trade and investments between the two major trading partners. Kamal Vachani, Group Director, Al Maya Group, and Regional Director of Electronics and Computer Software Export Promotion Council (ESC) for the Middle East, ...