Stepping up India’s investments in the UAE
Date: February 24, 2021
Time: 4 pm IST
About the Webinar:
India and the UAE share a strong economic and commercial relationship. The expanding trade and investment between the two nations is testimony to this relationship. India is among the top five FDI investors in UAE and second in Dubai Emirate, as per Dubai FDI Monitor 2018. For India as well, the UAE is the eleventh largest investor, accounting for nearly 2% of its overall FDI inflows. The UAE is also an important trading partner for India, being its second largest export destination and the third largest import source. For UAE, India was the second largest trading partner in 2020. In addition, UAE’s commitment to governance, innovation, infrastructure and improvement in business environment has placed it amongst the top 20 countries in Kearney’s FDI Confidence Index 2020.
The UAE Cabinet passed the Cabinet Resolution no 16. of 2020 on March 17, 2020 pertaining to determination of ‘Positive List’ of activities of economic sectors and activities eligible for foreign direct investment. This has paved way for expatriate investors to hold 100% ownership with effect from December 01, 2020. The legislation provides flexibility to overseas investors in deciding shareholding composition and ownership structure.
This webinar on ‘Stepping up India’s Investments in the UAE’ aims at creating awareness on the following:
- - Details of amendment to UAE Federal Companies Law
- - Other trade & investment promotion mechanisms
- - Exim Bank’s role in supporting overseas investments
To register click here