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Khaleej Times
08-04-2025
- Business
- Khaleej Times
UAE-India remittances see steady growth as investment becomes key driver
Remittances sent to India by UAE residents have continued to rise steadily in recent years. However, according to an industry expert, the motivation behind these money transfers has undergone a significant shift over the past decades. 'Earlier, people used to send money (primarily) for home maintenance,' said Adeeb Ahamed, managing director of Lulu Financial Holdings. "Now, investment has become the key priority. The purpose of remittances has largely changed.' Adeeb explained that one of the reasons for this shift is the growing sense of stability and long-term settlement in the UAE. He said that many now feel comfortable staying in the UAE. "(As a result), we are seeing more home-buying happening in UAE rather than back in India,' he said. 'This means a larger portion of remittances is now directed towards investments in India." He shared these insights while speaking to Khaleej Times on the sidelines of the Dubai-Indian Business Forum, which kicked off in Mumbai, India on Tuesday. The forum coincided with the official visit of Dubai Crown Prince Sheikh Hamdan to India — his first state visit to the country. Organised by Dubai Chambers, the forum brought together over 200 participants, including prominent entrepreneurs from India and the UAE, to explore ways to enhance trade and partnership opportunities. Focus on investments Adeed noted that a significant portion of remittances is now being funnelled into India's stock market. 'The last 3-4 years have been very strong for the stock market in India and have given good returns on investment,' he said. 'Many UAE residents have invested in the stock market and created a passive income for themselves. The real estate market is also fairly good in many regions, so, they have invested into that sector as well.' India was the largest recipient of remittances from the UAE last year, while the UAE stood as the third largest source of remittances to India. 'This year, the UAE is poised to become the second largest corridor for remittance into the country.' During a panel discussion at the forum, Adeeb — who also serves as the Chair of the Federation of Indian Chambers of Commerce and Industry (FICCI) - Arab Council — highlighted how a lack of accessible information had previously hindered UAE-based businesses from exploring Indian investment opportunities. However, that trend is changing, thanks to the India-UAE Comprehensive Economic Partnership Agreement (CEPA) which came into force in 2022.
Express Tribune
19-02-2025
- Entertainment
- Express Tribune
Scriptwriter Nasir Adeeb Reveals Details of Kubra Khan and Gohar Rasheed's Love Story
Kubra Khan and Gohar Rasheed's relationship is nothing short of a fairytale, with a journey that has transitioned from a beautiful friendship into a deep, everlasting love. The two actors, who have shared a bond for over a decade, are now husband and wife after tying the knot in Makkah, a moment made even more special by the Holy Land. Their equation has evolved slowly but surely, from colleagues to close companions, and eventually, life partners. A classic example of the 'friends to lovers' trope, their connection has only grown stronger over time, and now they have the perfect slow-burn romance we all admire. In a recent episode of the Suno Podcast, renowned scriptwriter Nasir Adeeb opened up about the love story of Kubra and Gohar. The podcast, where Adeeb shares his insights into the lives of prominent personalities, was the perfect platform for him to reflect on their journey together. As a man with decades of experience in the entertainment industry, Adeeb has crafted countless memorable stories for the screen. His own legacy speaks volumes about his understanding of human emotions and the depth of relationships, making him the ideal storyteller to recount the journey of this beloved duo. During the podcast, Adeeb poetically described the development of Kubra and Gohar's romance, sharing that their bond was always there but was only recognized when they started working together on the film London Nahin Jaunga. It was on the set of this movie that their friendship began to transform into something much deeper. Adeeb spoke of the quiet, subtle progression of their love story, likening it to the calm but undeniable pull of the ocean. Slowly, over time, their paths started to edge closer to one another—just like the tides, inevitably drawing them together despite the years they had spent as close friends. The scriptwriter explained how both Kubra and Gohar had been a part of each other's lives for a long time, supporting each other through both personal and professional challenges. Gohar, ever the devoted friend, was there for Kubra when she fell ill, showing the depth of their caring relationship. It was through their mutual respect and constant presence in each other's lives that they came to realize their connection was more than just friendship. T he moment they truly acknowledged their feelings for each other was a turning point in their journey, and it was then that they realized the love they had been searching for had been right in front of them the whole time. The love story of Kubra Khan and Gohar Rasheed is one of serendipity and patience, a slow-burning romance that blossomed when they least expected it. Nasir Adeeb's poetic recounting of their story leaves us all reflecting on the beauty of discovering love in the most unexpected of ways. As he wished them well in the podcast, Adeeb's admiration for their journey was clear, and his words serve as a reminder of how love often grows quietly, weaving its way through our lives when we least expect it. Their slow burn romance is something we can all learn from—reminding us that the path to love is not always instantaneous, but when it is right, it feels like it has always been meant to be.
