Latest news with #UAEIndiaBusinessCouncil
Gulf Today
18-05-2025
- Business
- Gulf Today
UAE greatly values India's ‘remarkable achievements'
Sheikh Nahyan Bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, officially inaugurated the India-UAE: Partners in Progress Conclave, held in Dubai. In his keynote address, Sheikh Nahyan affirmed that the theme of the conclave reflects the depth of the commercial, economic, and cultural ties between the UAE and the Republic of India. 'We are confident that our cooperation will continue to create robust opportunities for mutual benefit and shared progress.' He stated, 'We in the UAE greatly value India's remarkable achievements across all sectors and its growing stature on the global stage. We commend its steadfast commitment to the well-being of its people. In a world often challenged by turbulence, we take pride in the strength of our political, commercial, and educational ties with India.' He added, 'The friendship between our peoples dates back centuries – long before the formation of our modern nations – and has grown into fruitful commercial and cultural partnerships. This conclave is a vital platform to reinforce those relations by fostering synergies, creating opportunities, and encouraging bilateral initiatives.' He emphasised that the shared vision between the leaderships of both countries is built on global engagement, civil dialogue, and a collective drive for peace and prosperity. He pointed out that the UAE and India are aligned in their commitment to education, environmental stewardship, public health and safety, and openness to trade, investment, and culture. He continued, 'President His Highness Sheikh Mohamed Bin Zayed Al Nahyan remains deeply committed to the UAE's global leadership in progress and innovation. This is strongly supported by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai. Our nation today represents a harmonious blend of modernity and heritage, social development and economic sustainability.' He applauded the vision and leadership of Aroon Purie and his team at the India Today Group, as well as the involvement of the UAE India Business Council, urging all participants to continue building on the outcomes of the conclave through recognition of inspirational role models, award programmes, and sustainable support networks for the UAE-India partnerships. He concluded, 'I warmly welcome you once again to this important gathering and look forward to the innovative strategies that will emerge from it. Let this conclave serve as a platform for knowledge exchange, relationship-building, and the creation of a brighter shared future.' The inaugural edition of the UAE-India: Partners in Progress Conclave marked a milestone in the evolving strategic partnership between the UAE and India. Organised by the UAE India Business Council - UAE Chapter in collaboration with the India Today Group, the conclave brought together top policymakers, business leaders, diplomats, and innovators to shape the next chapter of bilateral cooperation under the framework of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries. Held in the wake of the historic visit of Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, to India and a series of significant recent agreements, the event underscored the central role of the UAE India Business Council - UAE Chapter in enhancing trade partnerships and bilateral cooperation in critical sectors such as healthcare, education, and culture. Dr Thani Bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, highlighted the council's strategic importance, stating, 'The UAE India Business Council - UAE Chapter serves as an institutional pillar in our journey towards a comprehensive economic partnership. It translates political will into real partnerships. This conclave illustrates how UAE-India ties are shifting from bilateral trade to deep collaboration across sectors that will shape our shared future.' The event further reinforced the strategic UAE-India relationship, leveraging CEPA's momentum to explore promising new areas such as artificial intelligence, energy transition, digital infrastructure, and cultural diplomacy. This forward-looking approach demonstrates both nations' shared commitment to sustainable growth and innovation. WAM
Sharjah 24
16-05-2025
- Business
- Sharjah 24
Nahyan bin Mubarak opens India-UAE Partners in Progress Conclave
In his keynote address, Sheikh Nahyan affirmed that the theme of the conclave reflects the depth of the commercial, economic, and cultural ties between the UAE and the Republic of India. "We are confident that our cooperation will continue to create robust opportunities for mutual benefit and shared progress.' He stated, 'We in the UAE greatly value India's remarkable achievements across all sectors and its growing stature on the global stage. We commend its steadfast commitment to the well-being of its people. In a world often challenged by turbulence, we take pride in the strength of our political, commercial, and educational ties with India.' He added, 'The friendship between our peoples dates back centuries—long before the formation of our modern nations—and has grown into fruitful commercial and cultural partnerships. This conclave is a vital platform to reinforce those relations by fostering synergies, creating opportunities, and encouraging bilateral initiatives.' He emphasised that the shared vision between the leaderships of both countries is built on global engagement, civil dialogue, and a collective drive for peace and prosperity. He pointed out that the UAE and India are aligned in their commitment to education, environmental stewardship, public health and safety, and openness to trade, investment, and culture. He continued, 'President His Highness Sheikh Mohamed bin Zayed Al Nahyan remains deeply committed to the UAE's global leadership in progress and innovation. This is strongly supported by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai. Our nation today represents a harmonious blend of modernity and heritage, social development and economic sustainability.' He applauded the vision and leadership of Aroon Purie and his team at the India Today Group, as well as the involvement of the UAE India Business Council, urging all participants to continue building on the outcomes of the conclave through recognition of inspirational role models, award programs, and sustainable support networks for the UAE–India partnerships. He concluded, 'I warmly welcome you once again to this important gathering and look forward to the innovative strategies that will emerge from it. Let this conclave serve as a platform for knowledge exchange, relationship-building, and the creation of a brighter shared future.' The inaugural edition of the UAE–India: Partners in Progress Conclave marked a milestone in the evolving strategic partnership between the UAE and India. Organised by the UAE India Business Council – UAE Chapter in collaboration with the India Today Group, the conclave brought together top policymakers, business leaders, diplomats, and innovators to shape the next chapter of bilateral cooperation under the framework of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries. Held in the wake of the historic visit of the H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, to India and a series of significant recent agreements, the event underscored the central role of the UAE India Business Council – UAE Chapter in enhancing trade partnerships and bilateral cooperation in critical sectors such as healthcare, education, and culture. Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, highlighted the council's strategic importance, stating, 'The UAE India Business Council – UAE Chapter serves as an institutional pillar in our journey towards a comprehensive economic partnership. It translates political will into real partnerships. This conclave illustrates how UAE–India ties are shifting from bilateral trade to deep collaboration across sectors that will shape our shared future.' The event further reinforced the strategic UAE–India relationship, leveraging CEPA's momentum to explore promising new areas such as artificial intelligence, energy transition, digital infrastructure, and cultural diplomacy. This forward-looking approach demonstrates both nations' shared commitment to sustainable growth and innovation. A notable highlight was the institutional expansion of the UAE India Business Council – UAE Chapter, marked by the signing of a memorandum of understanding with the Dubai Health Authority to establish the UAE–India Friendship Hospital—a milestone in healthcare diplomacy and human-centered collaboration. The conclave featured high-level discussions offering deep insights into areas such as logistics, renewable energy, fintech, and education, resulting in practical strategies for cross-border business growth. Complementing these economic dialogues, a dynamic session on cinema and soft power spotlighted the role of cultural exchange in strengthening mutual understanding. The event laid out a roadmap for a deeper and more dynamic UAE–India partnership by interweaving strategic, institutional, and cultural threads. The conclave affirmed the UAE India Business Council's position not only as an organiser but as a catalyst in shaping a future-oriented economic corridor between India and the UAE. Key founding members and major corporations such as KAF Holdings, DP World, Tata Sons, YFS Facilities, Apparel Group, and Bumerk, alongside academic institutions, took part in the event. Distinguished attendees included Sunjay Sudhir, Ambassador of India to the UAE; Satish Kumar Sivan, Consul General of India to Dubai and the Northern Emirates; and a group of businessmen. The event also featured a rich lineup of thematic panel discussions on innovation, energy, retail, and tourism, with prominent participants.
Al Etihad
16-05-2025
- Business
- Al Etihad
Nahyan bin Mubarak opens India-UAE Partners in Progress Conclave
16 May 2025 20:00 DUBAI (WAM) Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, officially inaugurated the India-UAE: Partners in Progress Conclave, held in his keynote address, Sheikh Nahyan affirmed that the theme of the conclave reflects the depth of the commercial, economic, and cultural ties between the UAE and the Republic of India. "We are confident that our cooperation will continue to create robust opportunities for mutual benefit and shared progress.'He stated, 'We in the UAE greatly value India's remarkable achievements across all sectors and its growing stature on the global stage. We commend its steadfast commitment to the well-being of its people. In a world often challenged by turbulence, we take pride in the strength of our political, commercial, and educational ties with India.'He added, 'The friendship between our peoples dates back centuries—long before the formation of our modern nations—and has grown into fruitful commercial and cultural partnerships. This conclave is a vital platform to reinforce those relations by fostering synergies, creating opportunities, and encouraging bilateral initiatives.'He emphasised that the shared vision between the leaderships of both countries is built on global engagement, civil dialogue, and a collective drive for peace and prosperity. He pointed out that the UAE and India are aligned in their commitment to education, environmental stewardship, public health and safety, and openness to trade, investment, and continued, 'President His Highness Sheikh Mohamed bin Zayed Al Nahyan remains deeply committed to the UAE's global leadership in progress and innovation. This is strongly supported by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai. Our nation today represents a harmonious blend of modernity and heritage, social development and economic sustainability.'He applauded the vision and leadership of Aroon Purie and his team at the India Today Group, as well as the involvement of the UAE India Business Council, urging all participants to continue building on the outcomes of the conclave through recognition of inspirational role models, award programs, and sustainable support networks for the UAE–India concluded, 'I warmly welcome you once again to this important gathering and look forward to the innovative strategies that will emerge from it. Let this conclave serve as a platform for knowledge exchange, relationship-building, and the creation of a brighter shared future.'The inaugural edition of the UAE–India: Partners in Progress Conclave marked a milestone in the evolving strategic partnership between the UAE and India. Organised by the UAE India Business Council – UAE Chapter in collaboration with the India Today Group, the conclave brought together top policymakers, business leaders, diplomats, and innovators to shape the next chapter of bilateral cooperation under the framework of the Comprehensive Economic Partnership Agreement (CEPA) between the two in the wake of the historic visit of the H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, to India and a series of significant recent agreements, the event underscored the central role of the UAE India Business Council – UAE Chapter in enhancing trade partnerships and bilateral cooperation in critical sectors such as healthcare, education, and Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, highlighted the council's strategic importance, stating, 'The UAE India Business Council – UAE Chapter serves as an institutional pillar in our journey towards a comprehensive economic partnership. It translates political will into real partnerships. This conclave illustrates how UAE–India ties are shifting from bilateral trade to deep collaboration across sectors that will shape our shared future.'The event further reinforced the strategic UAE–India relationship, leveraging CEPA's momentum to explore promising new areas such as artificial intelligence, energy transition, digital infrastructure, and cultural diplomacy. This forward-looking approach demonstrates both nations' shared commitment to sustainable growth and innovation.A notable highlight was the institutional expansion of the UAE India Business Council – UAE Chapter, marked by the signing of a memorandum of understanding with the Dubai Health Authority to establish the UAE–India Friendship Hospital—a milestone in healthcare diplomacy and human-centred conclave featured high-level discussions offering deep insights into areas such as logistics, renewable energy, fintech, and education, resulting in practical strategies for cross-border business growth. Complementing these economic dialogues, a dynamic session on cinema and soft power spotlighted the role of cultural exchange in strengthening mutual event laid out a roadmap for a deeper and more dynamic UAE–India partnership by interweaving strategic, institutional, and cultural threads. The conclave affirmed the UAE-India Business Council's position not only as an organiser but as a catalyst in shaping a future-oriented economic corridor between India and the founding members and major corporations such as KAF Holdings, DP World, Tata Sons, YFS Facilities, Apparel Group, and Bumerk, alongside academic institutions, took part in the attendees included Sunjay Sudhir, Ambassador of India to the UAE; Satish Kumar Sivan, Consul General of India to Dubai and the Northern Emirates; and a group of businessmen. The event also featured a rich lineup of thematic panel discussions on innovation, energy, retail, and tourism, with prominent participants.
Arabian Business
13-04-2025
- Health
- Arabian Business
Dubai Health partners with UAE-India leaders to open new workers' hospital
Dubai Health has signed a Memorandum of Understanding (MoU) with five founding trustees to establish the UAE-India Friendship Hospital, a healthcare initiative aimed at serving Dubai's blue-collar workforce. The agreement, signed during Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum's official visit to India, represents a collaborative effort between the UAE and India to expand healthcare access in Dubai. Four of the founding trustees—Faizal Kottikollon, Nilesh Ved, Siddharth Balachandran, and Tariq Chauhan—are also founding members of the UAE India Business Council – UAE Chapter (UIBC-UC). The fifth trustee is Ramesh S Ramakrishnan, Chairman of Transworld Group. Dubai Health signs MoU for UAE-India friendship hospital The hospital project has received endorsement from the governments of both Dubai and India, with a focus on providing affordable healthcare services to workers who have contributed to Dubai's economic development. 'This event marks not just the launch of a healthcare project, but the beginning of a transformative initiative that will deliver vital services to those who have been the backbone of Dubai's remarkable growth,' the founding trustees said in a joint statement, according to the Emirates News Agency (WAM). The trustees also acknowledged the support of Sheikh Hamdan and the roles of Dubai Health, the Community Development Authority, the Indian Embassy in the UAE, the Consulate General of India in Dubai, and the UAE-India Business Council UAE Chapter in developing the project. 'We are honoured to join hands in a collaboration that reflects shared values and our leadership's commitment to enhancing healthcare services. This collaboration aligns with the objectives of the Dubai Social Agenda 33, which promotes well-being and supports the development of a more efficient healthcare system,' Dr. Amer Sharif, CEO of Dubai Health said.
Khaleej Times
03-03-2025
- Business
- Khaleej Times
UAE-India Cepa ignites big trade boom, nears $100 billion target
A landmark trade agreement between the UAE and India has fuelled a remarkable surge in bilateral commerce, with merchandise trade soaring from $43.3 billion in FY 2020–21 to $80.5 billion in the first 10 months of the current fiscal year, according to latest data. The Comprehensive Economic Partnership Agreement (Cepa), signed three years ago, has not only revitalised economic ties but also positioned the two nations to smash their $100 billion trade target years ahead of the 2030 deadline while scripting a new playbook for global economic collaboration, said Faizal Kottikollon, chairman of the UAE India Business Council's UAE Chapter (UIBC-UC). The transformative impact of Cepa took centrestage at a high-profile event hosted by Satish Kumar Sivan, consul-general of India to Dubai and Northern Emirates, marking the second anniversary of the UIBC-UC and the third year of the trade pact. Attended by UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi, Indian Ambassador Sunjay Sudhir, and industry leaders, the gathering underscored the agreement's role as a cornerstone of one of the world's fastest-growing economic partnerships. In his keynote address, Dr Al Zeyoudi hailed CEPA as a gamechanger, emphasising its role in unlocking new trade and investment avenues. He noted that non-oil trade — a critical pillar of the UAE's diversification strategy — has been turbocharged by the deal. The UAE's non-oil foreign trade hit a record Dh3 trillion ($816.7 billion) in 2023, up 14.6 per cent year-on-year, far outpacing global trade growth of just 2.0 per cent. Ambassador Sudhir highlighted the human dimension of the partnership, stressing that 'investing in talent and innovation is the bedrock of sustainable growth.' His remarks dovetailed with the launch of new research initiatives aimed at guiding policymakers and businesses in navigating the evolving trade landscape. Cepa's success lies in its dramatic diversification of trade flows. India's non-oil exports to the UAE reached $27.4 billion in FY 2023–24, growing at an annualised rate of 25.6 per cent since the deal took effect. While traditional sectors like gems, jewelry, and refined petroleum products remain vital, cutting-edge industries are now driving growth. Exports of electrical machinery, industrial boilers, and organic chemicals have surged, with smartphones emerging as an unexpected star — shipments to the UAE hit $2.57 billion this fiscal year. 'These numbers aren't just statistics; they represent jobs, innovation, and shared prosperity,' said Kottikollon. 'We're witnessing a fundamental shift in how our economies interact.' The UAE's broader Cepa strategy — it has signed similar deals with several nations — has added Dh135 billion to non-oil trade with partner countries, up 42 per cent annually. With Dh3 trillion in total foreign trade already achieved for 2023, the emirates has crossed 75 per cent of its ambitious Dh4 trillion 2031 target seven years early. Operational efficiency has been critical to the pact's success. Indian exporters have leveraged preferential tariffs under Cepa through 240,000 Certificates of Origin, facilitating $19.87 billion in exports. To address bottlenecks, both nations established a joint committee, which has met twice at the senior official level, most recently in October 2023. Technical teams have resolved issues ranging from customs procedures to rules of origin, while subcommittees now oversee services trade and digital facilitation. 'This isn't a static agreement,' noted an Indian commerce ministry official. 'Every meeting produces concrete solutions—whether it's simplifying paperwork or aligning product standards.' Future growth may hinge on infrastructure like the Bharat Mart, a Dubai-based megaproduct inaugurated by Prime Minister Narendra Modi. Designed as a 'one-stop shop' for global buyers to access Indian goods, the facility is expected to streamline exports across sectors from textiles to engineering goods. As protectionism rises elsewhere, the UAE-India partnership offers a template for South-South cooperation. The Indian Commerce Ministry credits Cepa with empowering MSMEs, generating jobs, and creating 'a new era of economic diplomacy.' For the UAE—already the Arab world's second-largest economy — the pact reinforces its role as a gateway linking Asia, Africa, and Europe. 'We're not just on track to hit $100 billion—we're redefining what's possible,' concluded Kottikollon. With bilateral trade growing at over 20 per cent annually since Cepa's implementation, that future may arrive sooner than anyone imagined.
