India to export rice to the UAE: 75,000 tonnes approved through NCEL
The Indian government will allow the export of rice to the UAE. This exception to the export ban was made by the Indian government for a pre-determined quantity of non-basmati white rice. According to the notification by India’s Directorate General of Foreign Trade on Monday evening, the UAE will receive to the tune of 75,000 tonnes […]
UAE’s concern over the environment continues to intensify: Nahyan bin Mubarak
Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, has reiterated the UAE’s concern over climate and environment, noting “a strong connection between our spiritual values and how we care for the environment.” Sheikh Nahyan made the remarks at a large-scale public event at Dubai World Trade Centre (DWTC) in the presence […]
Abu Dhabi’s IHC completes $2bln investment in Adani Group’s green portfolio
based strategic investment company International Holding Company (IHC) has completed the 7.3 billion dirhams ($2 billion) investment in three green-focused companies owned by Indian conglomerate Adani Group, first disclosed last month. The investments are in Adani Green Energy Ltd (AGEL), Adani Transmission Ltd (ATL) and Adani Enterprises Ltd (AEL) will be exercised via preferential allotments. All […]
UAE has committed to invest $100bln in India: Goyal
The UAE has committed investments of $100 billion in India in manufacturing, infrastructure and services, Piyush Goyal, commerce and industry minister said, and predicted that bilateral trade can go up to $250 billion by 2030 under the UAE-India Comprehensive Economic Partnership Agreement. “The commitment from the UAE is to look at over $100 billion of […]
India’s Adani Group buys franchise in UAE T20 League
Adani Sportsline, a part of the Adani Group, has acquired the rights to own and operate a franchise in UAE’s flagship T20 League. Licensed by Emirates Cricket Board, the UAE T20 League is an annual event that will feature six franchise teams competing in a 34-match event. Top players from all the cricket playing countries […]