Dubai: The Premier Destination for the Thriving Indian Businesses & Investments


By Lakshmi sh: India has emerged as the largest contributors of investments and has established over 12,142 new Indian companies in Dubai. This showcases the remarkable economic ties between India and Dubai which has been growing progressively over the years. It turns Dubai as an appealing destination for the Indian and other region businesses to seek a global growth opportunities. The key factor which constructs Dubai as a global business hub is its business-friendly environment backed by pro-investment policies. The sectors such as real estate, trade, logistics and services coagulate with the futuristic ambitions of the investors from India and other regions.

Dubai ensures its vibrant economic platform to be more committed to fostering innovation and collaboration, networking events, and partnerships predominantly with Indian business councils and the other regions of business councils around the world. The following countries and their successful stories reminds the world about Dubai as the “Top Choice” for investments and businesses.
Unlocking the Successful Stories of Indian Entreprenuers in Dubai

The stratified successful stories of the Indian entrepreneurs has sealed the reputation of Dubai as a global business hub and the bilateral trade has been strengthened with the recent signing of (CEPA) Comprehensive Economic Partnership Agreement.

The standout successful story of the homeboy of Pune, Soham Shah the CEO of SelfDrive Mobility. It is a tech-driven car rental platform which was established in Dubai in august 2017. He expanded the company in Dubai successfully and leveraged the city’s advanced infrastructure and pro-business policies. Another inspiring story is the CEO of Buimerc Corporation Limited. This investment holding company has now turned as a key player in the region’s financial ecosystem and it has flourished in DIFC (Dubai International Financial Centre). In 2023, he has been honored with the presentation of Pravasi Bharatiya Samman Award by the Indian government for his excellence on business and community welfare.

In 2018, bnbme Holiday Homes has been founded in Dubai for which the tremendous contribution of the Co-Founder and the Chief Business Officer (CBO), Shilpa Mahtani who has inspired the other platforms’ foundation like Airbnb. She had shared that her journey into the holiday management came out of the challenging experience as a tenant. Another successful story is from the real estate sector, Imran Khan is the founder and CEO of Pixl Group. He worked and handled the international assignments for Godrej Consumer Products and 3M, there he observed the gap and took the inspiration to cement between marketing and tech solutions in real estate. His company has emerged as the growth partner for developers, brokers, and master brokers across the world. The dynamic business environment of the Dubai provides the equal platform for everyone for innovation and digital transformation, which led to the growth of two other Indian entrepreneurs to exhibit their new notions in educating the financial literacy to the vulnerable sections of society and the construction of easy-to-use platforms for business process management. And the two victorious CEO’s are Suresh Sambandam of Kissflow and Marilyn Pinto of KFI Global.

In 2024, Dubai has hosted several networking events and workshops for investors from India and other countries. Dubai Invesment & Networking Event 2024 which is held at the Metropolitan Hotel Dubai for the investors to connect and explore investment opportunities in Dubai. This March event has been organised by BINE International and it is followed by other events held through out this year including International Investor Summit 2024, GITEX NorthStar Dubai 2024, Dubai Business Growth Networking, and Dubai FinTech Summit 2024.

The Dubai Chambers has unveiled in their recent analysis that the Indian investors have bagged the top position consistently in the list of non-Emirati companies during the first nine months of this year. Both India and UAE has strengthened their relationship with agreements and initiatives which includes BIT (Bilateral Investment Treaty) 2024, which aims to foster a secured investment environment by the host’s country, Investor State Dispute Settlement (ISDS), Regulatory Rights, Abu Dhabi Investment Authority Operations in GIFT City, Comprehensive Economic Partnership Agreement (CEPA), and CoinDCX’s Acquisition of BitOasis.

This ensures the upcoming Indian entrepreneurs that Dubai is an ideal place for investments and global hub for business

Other International Entrepreneurs In DubaiIn the list of non-Emirati companies, Pakistan has secured second place and around 6,061 new companies have invested in Dubai, & 4,000 Pakistani companies have joined the Dubai Chamber of commerce. Following them, Egypt becomes the third country in the list with 3,611 new companies has registered as members of the chamber. Whereas, Syrian and United Kingdom ranked in the fourth and fifth slot who have joined within the first nine months with the joining of 2,062 and 1,669 new members in the Dubai Chamber of Commerce respectively. Dubai: The Premier Destination for the Thriving Indian Businesses & Investments
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Vodafone Qatar selects Nokia as network modernisation partner


Vodafone Qatar has signed a new deal with Nokia to overhaul its mobile network, aiming to deliver faster, more secure and more flexible 5G services across the country.

Under the agreement, Nokia will provide end-to-end kit to boost network capacity, cut latency, and speed up the rollout of new features. The upgrade will also introduce more automation and improved security, Vodafone said.

Qatar’s ICT sector is expected to grow 8.5% annually through to 2030, and Vodafone confirmed that the move will help it keep pace with rising demand for high-speed connectivity.

The partnership will also pave the way for next-generation services such as 5G slicing for enterprise, and more intelligent broadband access, with a future-proof infrastructure built to support ongoing digital innovation.

“Our work with Nokia will enable us to become more agile and responsive to the evolving needs of customers and businesses. By integrating advanced fibre, mobile, and cloud capabilities, we are shaping a smarter, more secure network that can support everything from customised home Wi-Fi to the latest enterprise technologies,” said Sheikh Hamad Abdulla Jassim Al-Thani, CEO of Vodafone Qatar, in a press release. “Through more flexible scaling, reliability, and near zero-touch automation that our advanced core and broadband solutions deliver, Nokia will provide greater network agility and service offerings, and provide our partner with all the tools it needs to efficiently manage its network assets,” echoed Raghav Sahgal, President of Cloud and Network Services at Nokia. Vodafone Qatar selects Nokia as network modernisation partner
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FDI flow into India from Gulf countries surges to $24.54 bn in 12 years

New Delhi, (IANS) FDI flows into India from the Gulf Cooperation Council countries between September 2013 to September 2024 surged to over $24.54 billion, which is an 8-fold increase compared to the corresponding figure of $3.046 billion FDI that came from these countries during the period between April 2000 and September 2013, according to data compiled by the Commerce and Industry Ministry.

The figures also show that as much as 89 per cent of the FDI flows into India from the GCC countries came in the last 10 years, reflecting the strengthening economic ties between India and the Gulf region.

With Kuwait currently chairing the Gulf Cooperation Council (GCC), Prime Minister Narendra Modi’s visit to the emirate is expected to bolster India's engagement with the influential bloc, comprising Bahrain, Oman, Qatar, Saudi Arabia, the UAE, and Kuwait.

PM Modi on Saturday afternoon arrived in Kuwait, becoming the first Indian Prime Minister to visit the Gulf nation in 43 years.

He said the Kuwait Investment Authority has invested more than $10 billion in India, reinforcing the financial ties between the two nations.

The Prime Minister also mentioned that the Kuwait Investment Authority, which is the sovereign wealth fund, has made substantial investments in India and there is a growing interest in investing in India now.

In an interview with Kuwait News Agency (Kuna), PM Modi said that trade and commerce have been important pillars of the bilateral relationship between Kuwait and India, with two-way trade on the rise.
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"Trade and commerce have been important pillars of our bilateral relationship. Our bilateral trade has been on an upswing. Our energy partnership adds a unique value to our bilateral trade," the Prime Minister told Kuna Director General Fatma Al-Salem.

Kuwait is a critical partner for India, ranking as the sixth-largest supplier of crude oil and meeting 3 per cent of India’s energy needs.

Bilateral trade between the two countries reached $10.47 billion in 2023-24, with Indian exports growing 34.7 per cent (year-on-year).

Meanwhile, India's trade with GCC countries stood at a robust $184.46 billion in 2022-23.

PM Modi told Kuna news agency that "we are happy to see 'Made in India' products, particularly in automobile, electrical and mechanical machinery, and telecom segments making new inroads in Kuwait"."India today is manufacturing world-class products at the most affordable cost. Diversification to non-oil trade is key to achieving greater bilateral trade," PM Modi was quoted as saying.FDI flow into India from Gulf countries surges to $24.54 bn in 12 years | MorungExpress | morungexpress.com
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