Swati Gupta – Page 51

May 31, 2023

In 2022 FDI from the UAE into India witnessed a significant surge, reaching Dh56.5 billion.

Foreign direct investment from the UAE to India totalled Dh56.5 billion by the end of 2022 as both countries step up efforts to establish mechanisms that will increase the volume of mutual investments and diversify them into new sectors, Abdulla bin Touq Al Mari, UAE Minister of Economy, said.

The UAE’s FDI to India was mainly in renewable energy and telecommunications, roads infrastructure, real estate, and start-ups, while Indian FDI in the UAE rose to Dh30 billion in 2020, Al Mari said during his meeting with Piyush Goyal, Indian Minister of Commerce, Industry, Consumer Affairs, Food & Public Distribution and Textiles.

Advertisement
The UAE minister said that the UAE-India relations have evolved into an exceptional model of bilateral cooperation and fruitful partnership aimed at promoting sustainable development, economic welfare, and the steady prosperity of their people.

by Swati Gupta

May 31, 2023

Saint Vincent and the Grenadines have signed loan agreements worth $16 million with the SFD.

Saint Vincent and the Grenadines, a Caribbean island nation, is set to witness the establishment of a new primary care center and a cultural facility following the signing of two development loan agreements worth $16 million with the Saudi Fund for Development (SFD).

by Swati Gupta

May 31, 2023

According to the IEA, investments in clean energy on a global scale are projected to surpass $1.7 trillion in 2023.

As the global community intensifies its efforts to combat climate change, investment in clean energy is experiencing a remarkable surge, with expectations that it will exceed $1.7 trillion in 2023, according to the International Energy Agency (IEA). In its latest report, the IEA stated that the worldwide energy sector is projected to witness investments of […]

by Swati Gupta

May 31, 2023

In April, Qatar achieved a trade balance surplus of $6 billion.

Qatar’s economy showcased resilience in April 2023 as the country recorded a trade surplus of 22 billion Qatari riyals ($6 billion), according to a report released by the states’s Planning and Statistics Authority.

by Swati Gupta

May 31, 2023

Saudi banks witnessed a notable surge in profits, with a 3.4% increase to reach $1.55 billion.

The banking sector in Saudi Arabia demonstrated its resilience in April, with the aggregate profit of banks operating in the country increasing by 3.4 percent year on year, reaching SR5.78 billion ($1.55 billion).

by Swati Gupta

May 30, 2023

Odys Aviation has joined the Ministry of Economy’s NextGen FDI Programme.

The Ministry of Economy has made an announcement regarding Odys Aviation, a US-based company specializing in the development of hybrid-electric vertical take-off and landing (VTOL)

by Swati Gupta

May 30, 2023

The EIB has granted a loan of €3.4 billion to support various projects in the circular economy.

European Investment Bank (EIB) has been actively supporting the circular economy by providing substantial funding to relevant projects.

by Swati Gupta

May 30, 2023

The CEO of RAKEZ revealed that the economic zone is currently hosting more than 18,000 companies representing 100 countries.

Ramy Jallad, the CEO of Ras Al Khaimah Economic Zone (RAKEZ), has announced that the economic zone is currently hosting over 18,000 companies from 100 countries.

by Swati Gupta

May 30, 2023

“W Capital” has successfully sold an entire floor in Palace Residences.

W Capital, a Dubai-based real estate brokerage, announces the sale of an entire floor in the esteemed “Palace Residences Tower North” project, developed by Emaar Properties in the Dubai Creek area.

by Swati Gupta

May 30, 2023

Google has joined forces with UAE organizations to engage in AI research and promote sustainability efforts.

Google, one of the world’s leading technology companies, has announced its collaboration with various organizations in the United Arab Emirates (UAE) to advance artificial intelligence (AI) research and promote sustainability efforts.

Popular Searches