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H.E. Bin Touq attends CII Partnership Summit 2023

H.E. Abdullah bin Touq Al Marri, UAE Minister of Economy, participated in the CII Partnership Summit 2023, which was held in New Delhi, India, from 13 to 15 March under the theme ‘Partnerships for Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses.’ The Summit’s aim was to facilitate exchange of visions and ideas that can support […]
Business

NEC Corporation Elevates Aalok Kumar to a Global Role; To Head the Global Smart Cities Business in Addition to India Responsibilities

DELHI, India — NEC Corporation India, a wholly owned subsidiary of NEC Corporation, announced the elevation of Mr. Aalok Kumar, Chairman, President and CEO, NEC Corporation India, to Corporate Officer & Senior Vice President – Head of Global Smart City Business. Aalok will continue to lead the India business and further strengthen India’s strategic positioning
Business

HDFC Bank, Lulu Exchange partner to boost cross-border payments between India and Middle East

India’s largest private sector bank – HDFC Bank, and UAE based financial services company – Lulu Exchange, today signed an agreement to strengthen cross-border payments between India and GCC region. In its first phase, the partnership will draw on Lulu Exchange’s expertise and regulatory framework to launch a digital inward remittance service titled ‘RemitNow2India’ that
Business

Ducab Group enhances its footprint in India

Bengaluru, India – 10 February 2023 – Ducab Group, one of the biggest end-to-end solutions providers and manufacturing firms in the United Arab Emirates, is enhancing its footprint in India, turning the subcontinent into a new home market in Bengaluru, which opened on February 9. Ducab’s first office in India and southeast Asia, will further […]
Business

Puravankara announces pre-launch of Lakevista at Purva Windermere in Chennai

BENGALURU, India — Bengaluru-based realty firm Puravankara Limited (BSE: 532891) announces the pre-launch of Lakevista at Purva Windermere, one of Chennai’s premium lake-side developments in Pallikaranai. Located in the heart of South Chennai, surrounded by various natural water bodies like ponds and lakes, the entire area attracts a wide variety of birds. Lakevista offers
Business GCC UAE

UTI celebrates 60th anniversary in Dubai, says surging India economy offers MENA investors a long growth runway

Dubai, United Arab of Emiratis — One of India’s largest and oldest Asset Management companies, UTI Asset Management Co. LTD (UTI-AMC), today said investors from the Middle East and North Africa (MENA) region have a huge opportunity in the surging growth of India with the country’s economy on its way to being a US$5 trillion […]
Business GCC UAE

UTI celebrates 60th anniversary in Dubai

Dubai – January 19, 2022: One of India’s largest and oldest Asset Management companies, UTI Asset Management Co. LTD (UTI-AMC), today said investors from the Middle East and North Africa (MENA) region have a huge opportunity in the surging growth of India with the country’s economy on its way to being a US$5 trillion economy. […]