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DUBAI / WAM
Dubai’s leading business entities in trade and investment, real estate and startup development, comprising more than 80 companies, visited India as part of a delegation led by Dubai Investment Development Agency, Dubai FDI, the investment development age-ncy of Dubai Economy (DED) and organised by key partner Musthafa and Almana.
The delegation held seminars, meetings in Bengaluru and Chennai, in line with Du-bai FDI’s investment promotion mission aimed at strengt- hening economic and investment collaboration with strat- egic cities around the world.
India is one of the UAE’s strongest economic partners, with large investments from both parties. In 2018, Indian investors have participated in 31 FDI projects launched in Dubai, worth a total of AED3.71 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.