Creation of the LCSS would enable exporters and importers to invoice and pay in their respective domestic currencies, which in turn would enable the development of an INR-AED foreign exchange market," RBI said. "This arrangement would also promote investments and remittances between the two countri...
CAIRO, Dec. 18 (Xinhua) -- Investments from the United Arab Emirates (UAE) in Egypt hit 7.2 billion U.S. dollars in 2019 compared to 6.6 billion dollars in 2018, Egypt's Ministry of Investment and International Cooperation said on Wednesday. "Up to 1,165 UAE companies are operating in ...
AI investments are expected to hit 33 billion dirham (9 billion dollars) by the end of the current year, he said. The UAE is leading the adoption of digitization and innovation in the region and comes at the forefront of introducing smart services, said Ali Salah, Head of the Economic Stu...
The historic India-United Arab Emirates (UAE) CEPA, which was signed between the two nations on 18 February 2022, officially came into force on 1 May 2022. This agreement is a trendsetter because of the short time of 88 days in which it was negotiated an
India has made significant investments in food parks and modern supply chain management to benefit from bilateral trade agreements, showcasing its intent to excel in the global food marketplace. Government Initiatives: India runs the world's largest food subsidy program, the Public Distribution Syste...
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Ltd. (Nalco) of India with the Rak Minerals & Metals Investments (RMMI) from the United Arab Emirates to establish a smelter in Indonesia. It notes that RMMI will hold a 24% in the 5-lakh tonne per year smelter while Nalco will invest $2.8 million in the smelter. It also states that...
Access investment transactions in India with just one call to our specialist. MARKET VIEWS ON-THE-GO Want to know which asset classes we expect to perform well? Find out more Disclaimer Investments:This document does not constitute an offer, recommendation or solicitation of an offer to enter in...
India Property Expo at Dubai PropIndia Expo The Largest Indian Property Exhibition in Dubai, UAE … 19 Investments India Property & Investments Show at USA December 11, 2024 Investments India Property & Investments Show at USA The Organizer : Niksglobal With over ten … 11 The Green Valley...
etc., in the NRO Account. You can also use funds from the account to pay for expenses and investments in India. Also, repatriate up to USD 1 million in a financial year to AED under the Liberalised Remittance Scheme. The interest income on NRO Accounts is tax deducted at source (TDS)...