Markets MSCI to change free float status of some Adani securities Index provider MSCI said on Thursday it had determined that some Adani securities should no longer be designated as free float after market participants raised concerns about the eligibility of the Indian conglomerate’s companies for some of its indexes. Changes for Adani securities associated with its MSCI Global Investable Market Indexes are due to be […] February 9, 2023
Economy Investcorp reveals massive expansion plans in India Bahrain-based Investcorp has vowed to grow the size of its business in India five-fold in the next five years. The alternative investments firm, which managed $50 billion in assets as of December 2022, only entered India in the first quarter of 2019, but has since completed 15 investments worth $1 billion. Speaking from the company’s […] February 2, 2023
Retail Indians buy homemade jewellery for less in Dubai Indians are travelling to Dubai to purchase jewellery made in their home country as it costs less in the emirates. Import duties, previously at 5 percent, were waived for jewellery exported from India to the UAE under the Comprehensive Economic Partnership Agreement (Cepa) signed between the two nations last year. “The prices are better,” said […] January 26, 2023
Analysis Tech and startups will drive future UAE and India trade growth Growing opportunities in manufacturing, agtech, food processing, healthtech and fintech will support future growth in bilateral trade between the UAE and India. While petroleum products and jewellery remain the most exported goods from India to Dubai as trade is set to touch $88 billion for the current fiscal year, the relationship is changing, with officials […] January 25, 2023
Opinion Economy Maharashtra looks to Mena for investment and partnerships The Indian state is pledging to become a $1 trillion economy – and strengthening relationships with the Middle East is at the forefront of these plans January 12, 2023
Opinion Indian Web3 startups migrate to the UAE The co-founder of one of MENA’s top tech policy firms explains why Indian crypto and Web3 companies are being drawn to Dubai June 1, 2022
Analysis Banking & Finance New deal gives India and UAE plenty to smile about As the Comprehensive Economic Partnership Agreement between India and the United Arab Emirates comes into force, AGBI looks at a highly lucrative co-regional relationship Of the many alliances that have sprouted out of the Middle East, the one between India and the United Arab Emirates (UAE) stands out – seemingly weathering all global political and […] May 12, 2022
