A woman works in the packing section of a factory that manufactures sports goods in Jalandhar, India. Reuters
Indian economy is likely to swell to $5 trillion mark ahead of its target of 2024 despite huge challenges and global trends. This was stated by T.N. Manoharan, non-executive chairman of India’s Canara Bank recently in Dubai,
India’s government forecast on Thursday that economic growth could get back up to 7% per cent this year, but cautioned it will face challenges keeping its fiscal deficit in check.
Foreign sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, a growing middle class and reforms making it more enticing for foreigners to invest.
The Department of Tourism and Commerce Marketing (Dubai Tourism) hosted a virtual forum for stakeholders and partners to share its industry outlook ahead of the city’s reopening to international tourists on 7 July.
The Ports, Customs and Free Zone Corporation (PCFC), in cooperation with the Dubai Maritime City Authority (DMCA), has launched a Marine Agency to oversee wooden dhow ships and regulate all their activities while they are in Dubai waters.
The DED Trader licence launched by the Business Registration & Licensing (BRL) sector in Dubai Economy (DED), enabling start-ups in Dubai to conduct business activities online and across social networking accounts,