Sovereign wealth fund ADIA optimistic on equities, private credit after turbulent 2022

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) said it was optimistic about public equities for 2023 after last year’s market rout, driven by high inflation and rising interest rates, […]
Consortium plans to develop $5bln UAE-Oman-India undersea pipeline

South Asia Gas Enterprise (SAGE), a consortium of companies in deepwater pipeline projects, is planning a $5 billion undersea liquefied natural gas (LNG) pipeline from the Gulf to India. The […]
Abu Dhabi: Designer Manish Malhotra to showcase special collection at IIFA Rocks 2023

The International Indian Film Academy and Awards (IIFA) is set to return with its 23rd edition to Yas Island, Abu Dhabi for the second year in a row. IIFA Rocks […]
India seeks investments from Abu Dhabi’s ADIA, Mubadala

India is seeking investments from Abu Dhabi Investment Authority (ADIA) and Mubadala in several areas, including renewable and digital sectors, said Secretary in India’s Department for Promotion of Industry and […]
Indian rupee drops against UAE dirham as oil prices firm up

The Indian rupee declined by 10 paise to 82.26 against the US dollar (22.41 versus the UAE dirham) in opening trade on Wednesday due to firm crude oil prices and […]
Sharaf Group signs strategic deal with India’s Tanishq

India’s Tanishq has signed an MoU with Sharaf Group UAE to extend its highly focused value offering in gold and diamond jewellery and utilise Sharaf Group’s retail expertise […]
UAE-India investor meeting to be held in Srinagar

A UAE-India Investor Meet, comprising meetings between entrepreneurs from various emirates and the Jammu and Kashmir government, business networking and discussions on foreign investment opportunities in the Union Territory, will […]
India’s Bank of Baroda to shut down Al Ain branch in March

India’s Bank of Baroda (BoB) will close its Al Ain branch on March 22, 2023, following approval from the Central Bank of the UAE. The commercial decision was taken a […]
Indian rupee declines against UAE dirham, tracks domestic equities

The Indian rupee depreciated four paise to 82.83 against the US dollar (22.57 versus the UAE dirham) in early trade on Wednesday, weighed down by a muted trend […]
Abu Dhabi Chamber, India’s FICCI explore new areas of collaboration

M.A Yusuff Ali, Second Vice Chairman of the Abu Dhabi Chamber of Commerce and Industry (ADCCI), reaffirmed the solid relations between the UAE and India, saying, “The UAE […]