Latest news with #UAE-India
The Hindu
24-07-2025
- Business
- The Hindu
Andhra Pradesh will become a strategic node in ‘India-UAE economic corridor', says UAE Minister Abdulla Al Marri
UAE Minister for Economy & Tourism Abdulla Bin Touq Al Marri has observed that the UAE-India story in these times of global volatility is a different one — that of trust, openness and a long-standing vision. 'We are through global volatility. The context is changing every three months as grey and black swans are emerging. But, the UAE and India are building bridges, not barriers,' Mr. Abdulla Al Marri said on Wednesday (July 24, 2025), expressing confidence that the two countries would together grow towards a resilient future. Addressing an investor meet jointly organised by Investopia, the CII and the AP Economic Development Board in Vijayawada, he said the UAE and India had made rapid strides in bilateral trade after signing the Comprehensive Economic Partnership Agreement in 2021. India became the UAE's third largest trading partner and their non-oil trade was expected to surpass $100 billion by the end of 2030. Non-oil exports to India account for about 13.50% of the UAE's total exports, he pointed out. Talking about Andhra Pradesh, he said the State was known for its entrepreneurial spirit and that he was astonished with infrastructure, the availability of natural resources, especially rivers and its long coastline, and rich human capital. He expressed confidence that A.P. would become a strategic node in the 'India-UAE economic corridor' by virtue of having abundant resources and good connectivity, while promising to facilitate dialogues that would bring in synergies and investments, including venture capital, to the State. Participating in a post-inaugural session, IT & HRD Minister Nara Lokesh pitched the idea of 'data embassies', saying that data centres would act as a nucleus for kickstarting massive economic activities. This was the foresight A.P. had way back in 2017–18, even before the ChatGPT existed in its current form. That was the time when A.P. envisioned Visakhapatnam as the data city of India, he said. 'The last five years have been a setback, but now we are accelerating the journey. We want to lead the entire data revolution in India, and believe Visakhapatnam has the right ingredients,' Mr. Lokesh asserted. Government-to-Government collaborations were critical for India and the UAE to make further progress in their bilateral relations, Mr. Lokesh added.
Time of India
18-07-2025
- Business
- Time of India
UAE-India CEPA Council, Atal Incubation Centre join hands to boost innovation
Varanasi: The UAE-India CEPA Council (UICC) and the Atal Incubation Centre - Mahamana Foundation for Innovation and Entrepreneurship, Institute of Management, Banaras Hindu University (AIC-MFIE-IM-BHU) signed a Memorandum of Understanding (MoU) on Friday. The MoU was signed by director, UAE-India CEPA Council, Ahmed Aljneibi and professor-in-charge, AIC-MFIE-IM-BHU PV Rajeev. The event marked a significant milestone in UAE-India collaborations, highlighting the growing importance of Tier-2 and Tier-3 cities as innovation hubs and reaffirming UICC's commitment to expanding its outreach beyond India's metropolitan centres. Speaking on the occasion, Ahmed Aljneibi said, "The UAE-India CEPA Start-Up Series is about more than opportunity — it's about access, ambition, and acceleration. Through this initiative, we are positioning the UAE as an international scale-up launchpad for India's most promising next-generation ventures, particularly those emerging from Tier-2 and Tier-3 innovation hubs." Prof Rajeev said, "This collaboration marks a pivotal moment for our institution and the broader start-up community in Varanasi." It aims to foster youth-led ventures and technology-driven enterprises by enabling cross-border scaling, knowledge exchange, and institutional linkages between India and the UAE. It will also support start-ups from AIC-MFIE-IM-BHU and the wider eastern region in accessing incubation programs, mentorship, investor networks, and fast-track licensing pathways in the UAE. The UAE-India CEPA Council (UICC) is a dedicated bilateral platform established to advance trade, investment, and innovation under the UAE–India Comprehensive Economic Partnership Agreement. The Atal Incubation Centre - Mahamana Foundation for Innovation and Entrepreneurship, Institute of Management, Banaras Hindu University (AIC-MFIE-IM-BHU) is a premier incubation and innovation hub established under the Atal Innovation Mission of NITI Aayog, govt of India. The signing ceremony was attended by director, Institute of Management, prof Ashish Bajpai, dean, Institute of Management, prof SK Dubey, UAE Embassy in India Latieta Bruce Wairiri and others.
Al Etihad
15-07-2025
- Business
- Al Etihad
ADSM, UAE–India Business Council forge alliance to ignite youth entrepreneurship
15 July 2025 10:56 ABU DHABI (WAM)The Abu Dhabi School of Management (ADSM) and the UAE-India Business Council-UAE Chapter (UIBC-UC) have entered a strategic partnership through the signing of a Memorandum of Understanding that will drive forward youth entrepreneurship, leadership development, and innovation across Abu Dhabi and agreement formalises a shared commitment to creating inclusive opportunities for learning, collaboration, and economic advancement. It will remain in effect through July 2028, with a strategic review at the end of the term to evaluate progress and explore long-term MoU outlines a comprehensive roadmap of joint initiatives spanning the next three to the partnership is a robust calendar of high-impact programming, including conferences, workshops, and seminars designed to cultivate entrepreneurial mindsets and leadership competencies among young professionals in the knowledge-sharing events will feature thought leaders from the UAE, India, and global innovation hubs, providing students and early-career entrepreneurs with access to world-class insights and best addition, the partnership will support the design and rollout of professional development courses that address key areas such as innovation management, digital transformation, sustainable business practices, and ethical leadership. These programmes aim to equip learners with practical, future-ready skills while reinforcing ADSM's position as a hub of excellence for business education in the Gulf.A cornerstone of the collaboration will be the launch of a structured mentorship platform connecting ADSM students and alumni with seasoned executives, entrepreneurs, and UIBC-UC-affiliated these capacity-building efforts will be a series of joint research endeavours focused on emerging trends in youth entrepreneurship, the evolving role of SMEs in regional economies, and cross-border innovation institutions plan to co-author research papers and white papers, offering valuable insights for policymakers and investors will also serve as a key knowledge partner for UIBC-UC's broader programmes, contributing academic rigour and faculty expertise to business roundtables, regional summits, and policy UIBC-UC has also committed to facilitating introductions to India-based universities, research labs, and incubators for ADSM to further strengthen the vibrant UAE-India education of the ADSM Board, Dr. Tayeb Kamali, stated, 'Through this partnership, ADSM reaffirms its commitment to empowering talent and driving meaningful change in our region and beyond.'Chairman of UIBC-UC, Faizal Kottikollon,stated, 'Together with ADSM, we are laying the groundwork for a generation of leaders who will shape the future of innovation, enterprise, and collaboration between our two MoU signals a timely convergence of academia and industry around a shared vision of regional prosperity, making it a pivotal moment for UAE–India cooperation in education, innovation, and economic development.'
India Gazette
11-07-2025
- Business
- India Gazette
UAE deepens innovation ties with India through high-impact MoU at Mumbai start-up event
Mumbai (Maharashtra) [India], July 11 (ANI): The UAE-India CEPA Council (UICC), in collaboration with the Embassy of the United Arab Emirates in India, hosted an exclusive Start-up Sundowner at the St Regis Mumbai, an official statement said. The event spotlighted the opportunities for Indian founders and start-ups to participate in the newly launched UAE-India CEPA Start-up Series, a high-impact platform designed to fast-track cross-border growth, collaboration, and market access, the statement said. In his opening remarks, Abdulnasser Alshaali, the UAE Ambassador to India, reaffirmed the UAE's vision for fostering dynamic, innovation-led collaboration between the two nations. He emphasised that India's entrepreneurial energy as a vital force in the bilateral partnership. A highlight of the evening was the signing of a Memorandum of Understanding (MoU) between the UAE-India CEPA Council and the Society for Innovation and Entrepreneurship (SINE), the technology business incubator of the Indian Institute of Technology Bombay (IIT Bombay). The MoU formalises a partnership to identify and support high-potential start-ups from the SINE ecosystem and alumni network for participation in the Start-up Series. Following the signing, Ahmed Aljneibi, Director of the UAE-India CEPA Council, delivered an insightful overview of the Start-up Series, detailing the platform's strategic design to support Indian start-ups in scaling into the UAE. 'The Start-up Series is a another step forward in transforming the UAE-India partnership into a launchpad for next-generation entrepreneurship and cross-border innovation,' Aljneibi said. Guests were then introduced to the official trailer for the UAE-India Start-up Series, which outlined the initiative's vision, opportunities, and roadmap. The video spotlighted the upcoming flagship pitch event in New Delhi, where selected ventures will gain access to an exclusive UAE soft-landing package, including incubation, licensing, mentorship, and investor exposure. The Start-up Series builds on the strong economic momentum between the UAE and India, offering a new platform for start-up-led collaboration. In FY 2023-24, bilateral trade reached USD 83.64 billion, marking a nearly 15 per cent year-on-year increase since the CEPA came into effect. India's non-oil exports to the UAE surged by over 20 per cent, while UAE foreign direct investment (FDI) into India tripled, rising from USD 1.03 billion in FY 2021-22 to USD 3.35 billion in FY 2022-23, making the UAE India's fourth-largest investor, as per the statement. The event was featured live across the UAE-India CEPA Council's social media handles. A post-produced video and event gallery will be published soon on LinkedIn, Instagram, and YouTube. (ANI)
Business Standard
10-07-2025
- Business
- Business Standard
BLUECLOUDS to spearhead Zanzibar Government's ambitious eDUA Unified Digital Government Platform
Blue Cloud Softech Solutions announced the signing of a USD $8.90 million Memorandum of Understanding (MOU) with UAE-India based LedgerFi IT Solutions (LedgerFi), a Web3-focused IT firm renowned for its expertise in defense and security innovations. This collaboration will power the Zanzibar Government's ambitious eDUA Unified Digital Government Platform (UDGP), marking a significant leap towards a fully digitized, efficient, and secure public sector ecosystem. Under the terms of the agreement, Blue Cloud will act as the primary technology partner for the design, development, and end-to-end deployment of the eDUA UDGP, commissioned by the Zanzibar eGovernment Authority (eGAZ). This strategic initiative seeks to centralize, automate, and enhance access to government services for Ministries, Departments, Agencies, and Key Private Sector Entities, ensuring that citizens, residents, businesses, and NGOs benefit from seamless, transparent, and secure digital services. Blue Cloud Softech will spearhead the architectural design, core software development, and integration of the latest digital technologies. LedgerFi will manage the overall implementation, operational rollout, and stakeholder training, ensuring that the platform delivers on its promise of a digitally empowered Zanzibar.
