India seeks UAE support to build urban developments

Wednesday, 23 November 2016 17:05

India is looking to the UAE to play an active role in building urban development projects across the country. That’s according to Indian government officials who’ve been speaking at the Big 5 International Building and Construction Show in Dubai. ARN News spoke to Atul Chaturvedi, Joint Secretary of the Department of Industrial Policy and Promotion at India's Ministry of Commerce and Industry. He says India’s growing population and burgeoning urban development offers massive opportunities for UAE investment while also tackling some of its biggest economic challenges.

More from Business

Standard Chartered issues clarification on local operations

Standard Chartered Bank has clarified that reports of staff being evacuated from its Dubai offices are inaccurate.
IEA proposes record release of strategic stocks in response to Iran war oil price surge

The International Energy Agency (IEA) on Wednesday recommended the release of 400 million barrels of oil, the largest such move in its history, to try to restrain soaring crude prices amid the U.S.-Israeli war with Iran.
H.H. Sheikh Hamdan highlights economic resilience at Dubai Majlis

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Defence Minister, attended a specially convened Dubai Majlis to discuss strategies to reinforce economic resilience.
Oil sinks 11% as Trump predicts Middle East de-escalation

Oil prices plummeted by more than $10 a barrel on Tuesday after soaring to an almost four-year high in the previous session after U.S. President Donald Trump predicted the war in the Middle East could end soon, lowering expectations of prolonged disruptions to oil supply.