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Sanjeev sheds light on how our council is leading initiatives to strengthen economic ties and foster growth in both regions and the impactful results we anticipate in the near future.
Prime Minister Modi praises CEPA with UAE for giving a boost to Indian entrepreneurs and deepening India's ties with the UAE
Hon. Cabinet Minister of Telangana (India) met several businessmen in Dubai and consented to partner with UAE-based companies to invest in Telangana by setting up their business units
The UAE-India Business Council - UAE Chapter, celebrates its first year, highlighting its pivotal role in boosting non-oil bilateral trade and investments. With initiatives like the Bharat Mart and fostering social investments, UIBC-UC underscores its commitment to deepening economic ties and cultural understanding between the UAE and India.
We are thrilled that Arabian Business' annual Indian Aces magazine has profiled the contributions of UIBC-UC's stalwarts in their latest edition. The issue captures the essence of the Indian community's influence within the GCC countries, celebrating individuals like our members, who have risen to prominence by steering economic growth, and innovation, and fostering strong bilateral ties between India and the GCC nations. Among those featured are our very own Chairman Mr. Faizal Kottikollon, who also helms KEF Holdings; Mr. Siddharth Balachandran, founding member of UIBC-UC and Managing Director of Buimerc Corp and Mr. Tariq Chauhan, UIBC-UC Board Member and Co-Founder & Group CEO of EFS Facilities Management Services.
In a groundbreaking Emirates News interview, our CEO, Mr. Sanjeev Dutta, delved into the flourishing UAE-India trade relations fuelled by the free trade agreement, projecting a $100 billion trade horizon. The CEPA's success underscores our commitment to bilateral growth, with initiatives like Bharat Mart driving SMEs AND MSMEs empowerment.
The UIBC-UC featured on TALK 100.3 radio, CEO , Mr.Sanjeev Dutta discussed UAE-India ties, highlighting CEPA & Bharat Mart. Our founding members drive our mission for economic integration, fostering SMEs and MSMEs growth for shared prosperity.
Hon. Lieutenant Governor of J&K (India), Mr. Manoj Sinha said that the historic India-UAE Investor Meet was a unique opportunity for exchanges of views on issues and opportunities for investment in J&K
India-UAE bilateral trade, which was valued at $180 million per annum in the 1970s, has leapfrogged to $85 billion in May 2023
National Payment Corporation of India International Payments to sign an MoU with Al Etihad to develop a card system based on RuPay’s debit and credit card stack
Under the banner of the I2U2 Initiative, business leaders from the four countries signed an MoU pledging their cooperation in the project’s six target areas: water, energy, transportation, health, food security and space.
The free pact signed between India and the UAE in 2022 has opened the Emirati market for Indian companies, who endeavour to use it as a hub to expand further into the Middle East and North Africa.
The UAE Chapter of the UAE-India Business Council was launched on 18 February 2023, coinciding with the first anniversary of the signing of the Comprehensive Economic Partnership agreement, which aims to boost bilateral trade between both nations.
NRI businessman Mr. Faizal Kottikollon has been appointed as the Chairman of UIBC-UC and confirms that there are several projects already in the pipeline.
India, UAE Target USD 100 Bn Non-Oil Trade By 2030; Set Up Councils To Facilitate FTA Implementation
During the first meeting of the Joint Committee of India-UAE CEPA, India and the UAE set a target to achieve non-oil bilateral trade of USD 100 billion by 2030
I2U2 members - India, Israel, the US, and the UK - launched a uniquely structured I2U2 business coalition to boost public-private partnership among each other
The first foreign investment in Jammu and Kashmir has ignited hopes for more opportunities in the Indian Union Territory as Dubai’s Emaar Group is due to build a $60 million shopping mall and office complex in Srinagar.
Mr. Adeeb Ahamed, Managing Director of the Abu Dhabi based LuLu Financial Holdings, was named the 'Leading Fintech Personality of the Year' from the Gulf Cooperation Countries (GCC) region.
Hon. Indian Minister Mr. Dharmendra Pradhan, H.E. Sultan Ahmed bin Sulayem, and Chairman & CEO of DP World witnessed the signing of an agreement between NSDC International and We One, a subsidiary of DP World, for long term recruitment of skilled manpower.
Mr Rizwan Soomar (UIBC-UC Co-chair and CEO & MD India Subcontinent & Sub Saharan Africa, DP World) says that the Foreign Trade Policy 2023 promotes a shift from 'Make in India' to 'Made in India' by capturing a broad range of trade facilitation measures that will benefit the entire export ecosystem.
Led by UAE-based businessman Faizal Kottikollon, founder of KEF Holdings, and his wife Shabana Faizal, the Faizal and Shabana Foundation signed a pact with the J&K government to modernise government schools in the Union Territory.
Backed by an investment of USD 300 million, Emirates NBD announced the opening of two new full-service branches in India, in Gurugram (NCR) and Chennai respectively.
Today, their bilateral relations are multi-faceted. Rapidly growing India-UAE economic and commercial relations contribute to further deepening these ties.
The WTF Fund, a funding and mentorship programme for entrepreneurs under the age of 22, will back young entrepreneurs working in the beauty, home, fashion and lifestyle segments.
Executive Chairman of Buimerc Core Investments, Mr. Siddharth Balachandran, was announced the winner of the Pravasi Bharatiya Samman Award.
The Competition Commission of India (CCI) approved investments in Ola by Temasek, Warburg Pincus and Aggarwal worth $500 million ahead of its proposed IPO.
The UAE's Hon. Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi called CEPA a nexus of trade powers redefining the future of growth as non-oil trade between two of the world's fastest growing economies saw a 10% rise within one year of the Agreement
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UAE India Business Council UAE Chapter (UIBC-UC). 702, 7th Floor, DIFC - Gate Building, East - DIFC - Dubai.