Friday, June 21, 2024
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According to Dubai’s FDI CEO, the UAE is an Attractive Destination for Indian Firms.

Alpen Capital, a UAE-based investment banking advisory firm, has published a research report titled “GCC-India Corridor: Investment Opportunities.”. This report analyses the investment flows between the GCC and India. It assesses both regions’ competitiveness and identifies key areas for potential collaboration and investment.
Additionally, the report investigates the investment drivers and challenges in both regions. It also profiles prominent Indian companies that have invested in the Gulf Cooperation Council and vice versa, as well as profiles of the Gulf Cooperation Council’s sovereign wealth funds. Both India and the GCC are undergoing significant transition, with the respective governments moving ahead with their economic integration and diversification efforts. India’s ongoing efforts to upgrade infrastructure, foster digital empowerment, boost local manufacturing, and enhance energy production align with the GCC nations’ substantial investments in diversifying their non-oil economies. Though trade relations between the two blocs have been flourishing, investment relations have also experienced further advancements on the back of emerging opportunities in various sectors, including healthcare, pharma, ICT, industrial manufacturing, and agriculture.

The UAE and India have strong economic ties, and there are opportunities for both countries. The UAE’s strategic initiatives and sector-specific opportunities make it an appealing destination for Indian companies and vice versa, creating a dynamic investment environment. “These opportunities and initiatives are expected to propel bilateral relations to new heights,” stated Fahad Al Gergawi, Chief Executive Officer (CEO), Dubai FDI.

Also Read:

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Friday, June 21, 2024

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