Latest news with #Dubai-India
Khaleej Times
09-04-2025
- Business
- Khaleej Times
Sheikh Hamdan in India: IIM, IIFT to launch Dubai campuses; medical students to train at AIIMS
Top Indian institutes are set to open Dubai campuses following Sheikh Hamdan's first-ever visit to the South Asian country at the invitation of Prime Minister Narendra Modi. Several partnerships between Indian and Dubai educational institutions were announced during the visit of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE. On Tuesday evening, India's Minister of Industry and Supply, Piyush Goyal, announced, "Today, we decided that we will soon have an Indian Institute of Management (IIM) in Dubai," he said. "I am also looking forward very soon to launching the Indian Institute of Foreign Trade (IIFT) in Dubai. All of this reflects the deep connection between the two nations." Located in 21 cities across India, several branches of lIMs are often featured in the list of top 100 global business schools. Some of its most prominent alums include former Pepsico CEO Indra Nooyi and former Reserve Bank of India governor Raghuram Rajan. Meanwhile, IIFT is a public business school established in 1963 and headquartered in New Delhi. Details on where the institutes will open and when will be revealed later. Last year, the much-awaited first branch of the prestigious Indian Institute of Technology (IIT) opened in Abu Dhabi. For the academic year 2024-2025, the IIT-Delhi Abu Dhabi campus offered two bachelor's programmes in computer science and energy engineering. Medical students Meanwhile, medical students from Dubai will get an opportunity to have an exchange programme in India at one of the country's top medical institutes, thanks to agreement signed by Dubai Medical University (DMU) with the All-India Institute of Medical Sciences (AIIMS). The deal was signed between the SS Lootah group, which runs the DMU, and AlIMS ahead of the Dubai-India business forum, which began in Mumbai on Tuesday. "This is a great opportunity for our students," said Denis Lefjancois, advisor to the chairman of SS Lootah group. "With the history of the AlIMS, all of their great experience, skills, facilities that they have, the number of patients that they see, the number of students that go through the institution, it is so going to be a great experience for our students." The AlIMS is a group of public medical universities in India. The oldest one was established in 1956 in New Delhi, and currently, there are 20 operational universities, with at least three more expected in the coming years. Considered one of the finest medical universities in India, AlIMS collectively takes in over 2000 students every year. According to Dr A Shariff, a spokesperson for AlIMS, the program will begin this year. "Initially, there will be some posting of DMU students for a short time as observers, along with our students, at AIMS Delhi," he said. "Based on the requirement, some of our professors may come over for a short time as visiting faculty." He said there would be a mutual exchange of information, and faculty members would train each other in newer medical and educational technologies. He added that artificial intelligence is one thing that he was looking forward to cooperating with DMU for.
Arabian Business
08-04-2025
- Business
- Arabian Business
Dubai-India business forum concludes in Mumbai
Dubai Chambers has concluded the Dubai-India Business Forum in Mumbai today, an event organised during the visit of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, to India. The forum, which attracted over 200 officials and investors, including 39 business leaders from Dubai, examined ways to strengthen economic connections between both markets. On the sidelines of Hamdan bin Mohammed's official visit to India, Dubai Chambers explored new trade and investment prospects with 200 business leaders at the Dubai-India Business Forum in Mumbai. — Dubai Media Office (@DXBMediaOffice) April 8, 2025 The event marks three years since the signing of the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India on February 18, 2022 – the UAE's first bilateral agreement under its CEPA programme. Strengthening Dubai-India economic ties 'Dubai and India share an exceptional relationship built on mutual trust and a commitment to economic integration. India holds an important position as a key trading partner for Dubai. The value of non-oil trade between our markets exceeded AED142 billion during the first nine months of 2024, achieving year-over-year growth of 19 per cent. As we mark the third anniversary of the CEPA between the UAE and India, we are confident bilateral trade will continue to accelerate and flourish over the long term,' Ahmad bin Byat, Vice Chairman of Dubai Chambers said. Participants explored opportunities to enhance trade and investment ties, launch joint ventures, and form strategic partnerships. Discussions centered on the competitive advantages and economic prospects of both markets. UAE – India Trade Relations Non-Oil Trade Volume (2023) USD 54.2 billion Dubai – India Trade Volume 2019: USD 36.7 billion 2023: USD 45.4 billion — Dubai Media Office (@DXBMediaOffice) April 8, 2025 'Dubai holds a strategic position for Indian companies as a preferred investment destination due to its unique competitive advantages. Indian investors form a key part of Dubai's business landscape, with 72,651 active Indian companies registered as members of the Dubai Chamber of Commerce by the end of March 2025. In addition, 4,563 new Indian companies joined the chamber during Q1 2025, marking year-over-year growth of 16.2%. Indian companies now rank first in terms of the number of foreign businesses operating in Dubai that are registered as members of Dubai Chamber of Commerce,' Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers added. The forum included a panel discussion featuring Lootah alongside R Mukundan, Vice President of the Confederation of Indian Industry; Adeeb Ahamed, Chair of the Federation of Indian Chambers of Commerce & Industry – Arab Council; and Anant Singhania, Past President & Current Managing Committee Member of the IMC Chamber of Commerce and Industry. The session explored future Dubai-India relations in trade, investment, and international expansion, and highlighted Dubai's role as a launchpad for Indian companies expanding into international markets. The Dubai-India Business Forum contributes to Dubai Chambers' objectives of boosting economic partnerships, enhancing cross-border trade, and building new investment opportunities locally and globally.
Gulf Today
27-03-2025
- Business
- Gulf Today
Dubai and India to strengthen bilateral economic cooperation
Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, discussed strategies to enhance trade and investment relations between Dubai and India during a meeting with Sunjay Sudhir, Ambassador of the Republic of India to the United Arab Emirates. The meeting was held at Dubai Chambers' headquarters in the presence of Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. Both parties reaffirmed the significance of the strong economic ties between Dubai and India and the importance of expanding bilateral cooperation in trade and investments. Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, commented: 'We are dedicated to strengthening cooperation with countries worldwide to drive sustainable economic development and promote mutual growth. Indian companies rank first in terms of the number of foreign businesses operating in Dubai and play a vital role in the growth of all business sectors, reflecting the ongoing momentum in Dubai-India relations.' He added: 'Dubai Chambers remains committed to supporting the Indian business community in continuing its expansion across diverse sectors and leveraging Dubai as a launchpad to enter promising global markets. We encourage businesses in Dubai to develop strategic partnerships with their Indian counterparts. The Indian Business Council, which operates under the umbrella of Dubai Chamber of Commerce, plays a key role in strengthening bilateral trade relations.' Al Mansoori emphasised the importance of strengthening cooperation with India in the information technology field and leveraging shared expertise to advance digital and technological solutions in the logistics and aviation sectors. The two sides discussed the World Logistics Passport initiative launched by the Emirate of Dubai, which aims to expand trade opportunities, facilitate the flow of global trade, reduce costs, and shorten logistics service timelines, while also opening new avenues for its members to access global market opportunities. The meeting also explored the promising growth opportunities for Indian entrepreneurs in Dubai, particularly in leveraging the emirate as a gateway for expansion into global markets. The discussion highlighted the advantages of Dubai International Chamber's extensive network of 33 representative offices around the world, which support Indian businesses in expanding into regional and international markets and enhance Dubai's position as a leading global trade and investment hub. These include the chamber's representative office in Mumbai, which plays a crucial role in attracting Indian investments and assisting Dubai-based companies with their expansion and growth in India. The meeting underlined Dubai's status as a preferred trade and investment destination for Indian businesses and entrepreneurs. Indian companies accounted for highest number of new Dubai Chamber of Commerce memberships during 2024, with 16,623 new companies joining the chamber. Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks.
Mid East Info
27-03-2025
- Business
- Mid East Info
Dubai Chambers discusses strengthening trade and investment relations with Indian Ambassador to the UAE - Middle East Business News and Information
Indian companies accounted for highest number of new Dubai Chamber of Commerce memberships in 2024 with 16,623 new companies H.E. Al Mansoori: 'Indian companies rank first in terms of the number of foreign companies operating in Dubai and play a vital role in the growth of all business sectors.' H.E. Al Mansoori: 'Dubai Chambers remains committed to supporting the Indian business community in continuing its expansion across diverse sectors and leveraging Dubai as a launchpad to enter promising global markets.' Dubai International Chamber's representative office in Mumbai plays a key role in attracting Indian investments and assisting Dubai-based companies with their expansion and growth in India. The meeting explored strengthening cooperation in the information technology field, particularly in logistics and aviation, as well as the World Logistics Passport initiative and Dubai's role in enhancing global trade flows. Dubai, UAE – His Excellency Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, discussed strategies to enhance trade and investment relations between Dubai and India during a meeting with His Excellency Sunjay Sudhir, Ambassador of the Republic of India to the United Arab Emirates. The meeting was held today at Dubai Chambers' headquarters in the presence of His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. Both parties reaffirmed the significance of the strong economic ties between Dubai and India and the importance of expanding bilateral cooperation in trade and investments. His Excellency Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, commented: 'We are dedicated to strengthening cooperation with countries worldwide to drive sustainable economic development and promote mutual growth. Indian companies rank first in terms of the number of foreign businesses operating in Dubai and play a vital role in the growth of all business sectors, reflecting the ongoing momentum in Dubai-India relations.' His Excellency added: 'Dubai Chambers remains committed to supporting the Indian business community in continuing its expansion across diverse sectors and leveraging Dubai as a launchpad to enter promising global markets. We encourage businesses in Dubai to develop strategic partnerships with their Indian counterparts. The Indian Business Council, which operates under the umbrella of Dubai Chamber of Commerce, plays a key role in strengthening bilateral trade relations.' H.E. Al Mansoori emphasised the importance of strengthening cooperation with India in the information technology field and leveraging shared expertise to advance digital and technological solutions in the logistics and aviation sectors. The two sides discussed the World Logistics Passport initiative launched by the Emirate of Dubai, which aims to expand trade opportunities, facilitate the flow of global trade, reduce costs, and shorten logistics service timelines, while also opening new avenues for its members to access global market opportunities. The meeting also explored the promising growth opportunities for Indian entrepreneurs in Dubai, particularly in leveraging the emirate as a gateway for expansion into global markets. The discussion highlighted the advantages of Dubai International Chamber's extensive network of 33 representative offices around the world, which support Indian businesses in expanding into regional and international markets and enhance Dubai's position as a leading global trade and investment hub. These include the chamber's representative office in Mumbai, which plays a crucial role in attracting Indian investments and assisting Dubai-based companies with their expansion and growth in India. The meeting underlined Dubai's status as a preferred trade and investment destination for Indian businesses and entrepreneurs. Indian companies accounted for highest number of new Dubai Chamber of Commerce memberships during 2024, with 16,623 new companies joining the chamber. About Dubai Chambers: Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers.
Zawya
27-03-2025
- Business
- Zawya
Dubai Chambers discusses strengthening trade and investment relations with Indian Ambassador to the UAE
H.E. Al Mansoori: 'Indian companies rank first in terms of the number of foreign companies operating in Dubai and play a vital role in the growth of all business sectors.' H.E. Al Mansoori: 'Dubai Chambers remains committed to supporting the Indian business community in continuing its expansion across diverse sectors and leveraging Dubai as a launchpad to enter promising global markets.' Dubai International Chamber's representative office in Mumbai plays a key role in attracting Indian investments and assisting Dubai-based companies with their expansion and growth in India. The meeting explored strengthening cooperation in the information technology field, particularly in logistics and aviation, as well as the World Logistics Passport initiative and Dubai's role in enhancing global trade flows. Dubai, UAE – His Excellency Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, discussed strategies to enhance trade and investment relations between Dubai and India during a meeting with His Excellency Sunjay Sudhir, Ambassador of the Republic of India to the United Arab Emirates. The meeting was held today at Dubai Chambers' headquarters in the presence of His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. Both parties reaffirmed the significance of the strong economic ties between Dubai and India and the importance of expanding bilateral cooperation in trade and investments. His Excellency Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, commented: 'We are dedicated to strengthening cooperation with countries worldwide to drive sustainable economic development and promote mutual growth. Indian companies rank first in terms of the number of foreign businesses operating in Dubai and play a vital role in the growth of all business sectors, reflecting the ongoing momentum in Dubai-India relations.' His Excellency added: 'Dubai Chambers remains committed to supporting the Indian business community in continuing its expansion across diverse sectors and leveraging Dubai as a launchpad to enter promising global markets. We encourage businesses in Dubai to develop strategic partnerships with their Indian counterparts. The Indian Business Council, which operates under the umbrella of Dubai Chamber of Commerce, plays a key role in strengthening bilateral trade relations.' H.E. Al Mansoori emphasised the importance of strengthening cooperation with India in the information technology field and leveraging shared expertise to advance digital and technological solutions in the logistics and aviation sectors. The two sides discussed the World Logistics Passport initiative launched by the Emirate of Dubai, which aims to expand trade opportunities, facilitate the flow of global trade, reduce costs, and shorten logistics service timelines, while also opening new avenues for its members to access global market opportunities. The meeting also explored the promising growth opportunities for Indian entrepreneurs in Dubai, particularly in leveraging the emirate as a gateway for expansion into global markets. The discussion highlighted the advantages of Dubai International Chamber's extensive network of 33 representative offices around the world, which support Indian businesses in expanding into regional and international markets and enhance Dubai's position as a leading global trade and investment hub. These include the chamber's representative office in Mumbai, which plays a crucial role in attracting Indian investments and assisting Dubai-based companies with their expansion and growth in India. The meeting underlined Dubai's status as a preferred trade and investment destination for Indian businesses and entrepreneurs. Indian companies accounted for highest number of new Dubai Chamber of Commerce memberships during 2024, with 16,623 new companies joining the chamber. -Ends- About Dubai Chambers: Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers. Follow us on: For more information, please contact: Mohamad Mouzehem PR & Corporate Communications Email:
