ABU DHABI / WAM The total value of Khalifa Industrial Zone Abu Dhabi’s (KIZAD) contribution to Abu Dhabi’s gross domestic product (GDP) accounted for 3.2 percent of the emirate’s non-oil GDP, reinforcing the industrial zone’s status as a key facilitator of economic diversification. The KIZAD, part of Abu Dhabi Ports, has reported a solid performance in 2016, completing yet another ...
Read More »Local News
Deyaar reports AED428.3mn revenue
DUBAI / WAM Deyaar Development, one of Dubai’s property developers and real estate service providers, announced its preliminary financial results for the full year ended December 31, 2016. The company reported increase in revenues to AED428.3 million compared to AED257.1 million in 2015, reporting an increase of 67%, mainly due to construction progress in The Atria and Mont Rose ...
Read More »UAE, India sign ‘historic’ agreements
New Delhi / WAM The United Arab Emirates and India signed on Wednesday in New Delhi the ‘Comprehensive Strategic Partnership Agreement’ and a number of memorandums of understanding (MoUs) during a state visit by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to India. The UAE ...
Read More »UAE’s leading investors explore business opportunities, discuss challenges in India
New Delhi /Â WAM Over 30 high-level Emirati business leaders, Indian business owners based in the UAE, and government and private representatives from both the UAE and India, convened on Wednesday at the Taj Palace in New Delhi to discuss business opportunities, major investable projects in India, as well as major challenges facing investors there. The session, entitled “Business Session ...
Read More »ADNOC, ISPRL sign pact for 5.86m barrels strategic crude oil reserve in India
New Delhi / WAM In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and India’s Prime Minister Narendra Modi, the Abu Dhabi National Oil Company (ADNOC) and the Indian Strategic Petroleum Reserves Ltd (ISPRL), agreed on Wednesday to establish a strategic crude oil ...
Read More »â€˜UAE-India relations build on rich heritage of friendship, cooperation’
New Delhi /Â WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, on Wednesday held official bilateral talks with Narendra Modi, Prime Minister of India. The two leaders discussed boosting bilateral ties and a number of regional and international issues of mutual interest. The talks, held in ...
Read More »Mohamed pays homage to Mahatma Gandhi
New Delhi /Â WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday visited the Raj Ghat, the memorial site of Mahatma Gandhi in New Delhi. His Highness Sheikh Mohamed observed a minute of silence in respect, and laid a wreath on the shrine of ...
Read More »Mohamed greets Indian vice president on Republic Day
New Delhi /Â WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received at his residence in the Indian capital New Delhi Mohammad Hamid Ansari, the Vice President of India. The two sides discussed bilateral ties between the United Arab Emirates and India, stressing on the ...
Read More »UAE, India creating future, says Hazza
Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, congratulated the people of India and its leadership on the occasion of the country’s “Republic Day” on January 26. He also mentioned India’s important place in the hearts of all Emiratis, as well as the UAE’s importance in the hearts of ...
Read More »Burj Khalifa to light up in Indian tri-colour
Dubai / Emirates Business Global developer Emaar Properties joined the UAE in celebrating India’s 68th Republic Day celebrations with a spectacular illumination of the iconic Burj Khalifa with the colours of the Indian national flag. The visual expression of the tri-colours underlined the solidarity of the UAE and its people with India, with which the nation shares strong cultural ...
Read More »