Dubai FDI boosts economic & investment ties with India

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Dubai’s leading business entities in trade and investment, real estate and startup development comprising more than 80 companies visited India recently as part of a delegation led by Dubai Investment Development Agency (Dubai FDI), the investment development agency of Dubai Economy (DED) and organized by key partner Musthafa & Almana.

The delegation held seminars and meetings in Bengaluru and Chennai, in line with Dubai FDI’s investment promotion mission aimed at strengthening economic and investment collaboration with strategic cities around the world.

  • Investment flows from India to Dubai reach AED 6.12 billion in three years with a total of 109 projects
  • 2018 FDI capital inflows to Dubai touch AED 3.71bn in a total of 31 projects
  • India is Dubai’s 2nd largest investor in FDI capital and 4th largest in FDI projects during first nine months of 2018
  • Visit to Bengaluru & Chennai explores new partnership opportunities in Expo 2020, global trade, startups & real estate

India is one of UAE’s strongest economic partners with huge investments from both parties. In 2018, Indian investors have accumulated 31 FDI projects launched in Dubai with a total of AED 3.71 billion in capital. This makes India the second largest investor in Dubai in terms of FDI capital and the fourth largest in terms of projects during the first nine months of the year.

Some of the key topics discussed during the seminars include themes such as: ‘Dubai Advantage’, ‘Legally Dubai’, ‘Shaping the Future of World Trade’, ‘Expo 2020 and Beyond: An Investor Perspective’, ‘The Real State of Real Estate in Dubai’, ‘Startups Ecosystem in Dubai’, and ‘Startups in India Scale Up in Dubai’.

The leading delegates who held the presentations include Ibrahim Hussain Ahli, Director of Investment Promotion Department, Hamad Saleh Al Abdooli, Senior Manager Investment Support Department and Humaid Al Nuaimi, Senior Executive from Dubai FDI; Mohammed Mohammed, Manager Business Relation of Dubai Multi-Commodities Centre; and Khalid Sharaf, Head of International Business Engagement of EXPO 2020.