“Today, the common focus of both UAE and India is peace, stability, and economic progress…reports Asian Lite News
Chairman and Managing Director (MD) of LuLu group Yusuff Ali has said United Arab Emirates (UAE) is investing a lot in India and there is a strong relationship between the two countries.
“Both countries and their relations are growing day by day. UAE imports a lot of products from India…UAE exports petroleum products and petroleum by-products to India. So the relationship is very strong and UAE is investing a lot in India…” the LuLu group chairman said while speaking on UAE-India trade.
He further said: “The relationship between India and UAE is coming closer and closer nowadays. The visit of Mohammed bin Zayed Al Nahyan three times to India and Prime Minister Narendra Modi’s visit to UAE so many times and their personal relationship, plus the bilateral, commercial, and investment are growing.”
At the meeting with top business leaders from India and UAE hosted by the Abu Dhabi Chamber, Yusuff Ali said that India under the “dynamic leadership” of Prime Minister Narendra Modi is considered an emerging power and one of the strongest economies in the world.
He said that the common focus of UAE and India is peace, stability and economic progress. He said that 3.54 million Indians form an integral part of the development of the UAE’s economy.
“Today, the common focus of both UAE and India is peace, stability, and economic progress. UAE under the visionary leadership of Sheikh Mohamed Bin Zayed Al Nahyan is dynamic and one of the most advanced nations in the world. On the other hand, India under the dynamic leadership of PM Narendra Modi is considered as an emerging power and one of the strongest economies in the world,” Yusuff Ali said.
“More than 3.54 million Indians form an integral part of the growth and development of UAE’s economy and society. Indians are also earning their present better with that most dignity and respect here,” he added.
He said that India and the UAE will continue to move forward with greater cooperation. He called Abu Dhabi a safe and secure place to work and live and an incubator for talents, innovators and entrepreneurs.
Ali said that India under the “dynamic leadership” of Prime Minister Narendra Modi is considered as an emerging power and one of the strongest economies in the world.
At the meeting with top business leaders from India and UAE hosted by Abu Dhabi Chamber, Yusuff Ali MA said that the common focus of UAE and India is peace, stability and economic progress. He said that 3.54 million Indians form an integral part of development of UAE’s economy.
“Today, the common focus of both UAE and India is peace, stability, and economic progress.
UAE under the visionary leadership of His Highness Sheikh Mohamed Bin Zayed Al Nahyan is a dynamic and one of the most advanced nations in the world. On other hand, India under the dynamic leadership of Shri Narendra Modi Ji is considered as an emerging power and one of the strongest economies in the world,” Yusuff Ali MA said.
“More than 3.54 million Indians form an integral part of growth and development of UAE’s economy and society. Indians are also earning their present better with that most dignity and respect here,” he added.
He said that India and UAE will continue to move forward with greater cooperation. He called Abu Dhabi a safe and secure place to work and live and an incubator for talents, innovators and entrepreneurs.
“There are no limits of relationship between both our countries as rightly our minister mentioned. So, we would continue to move forward with greater cooperation. Today UAE, Abu Dhabi, particularly has become a key economic hub and the preferred go to destination due to its advanced world class architecture and huge investment opportunities in key sectors, including energy, IT, logistics, food medicine, tourism, and….,” he said.
Heaping praise on PM Modi for his leadership, he said that India has liberalized a lot of policies, especially the investment policy for non-resident Indians.
“In India, under the dynamic leadership of the Prime Minister. they liberalized a lot of policies, especially the investment policy for non resident Indians. We had non resident Indians had a lot of problems in Western India. But under the dynamic leadership of our prime minister Narendra Modi Ji. They liberalised and now NRI investment is treated as domestic investment. This is a great opportunity for non-resident Indians back home to invest in India,” Yusuff Ali MA said in his address. (ANI)
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