Building on the UAE’s longstanding historical ties and robust bilateral relations with India, Dubai FDI -the investment development agency of Dubai Economy (DED) – announced that the South Asian country will be the guest nation of the upcoming fourth edition of the premier Dubai Investment Week (DIW), set to take place on October 7-11, 2018 in the emirate.
In 2017 alone, 28 Indian projects worth USD127.73 million were launched in the UAE, focused on retail and wholesale trade (25.0 percent); accommodation and food services (14.3 percent); software publishers (10.7 percent); educational services (7.1 percent); and administration and support services (7.1 percent).
Under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, DIW 2018 will discuss the major role of India and other key foreign investors in Dubai’s future growth as well as their impact on the emirate’s efforts to promote innovation across key sectors. This year’s theme is ‘Investing in Future Transformation.’ Fahad Al Gergawi, CEO of Dubai FDI, said: "With its steadily growing reputation as a worldwide business hub and a preferred global destination for foreign direct investments (FDIs), the emirate continues to attract investors’ interest thanks mainly to its strategic location, modern infrastructure, enabling business environment, and fully developed international business services value chain. We aim to further highlight Dubai’s advantages and edge via our DIW initiative, with the 2018 edition focusing particularly on the relations of Dubai and the UAE with India as our guest nation. DIW is part and parcel of our commitment to realize the goals of Dubai Plan 2021 to transform the city into a pivotal hub in the global economy and a city of happy, creative and empowered people."
Additionally, DIW 2018 will highlight Dubai’s strategic importance as a global business center, a gateway for business in the region, and a city driving future growth for investors through a series of dialogue forums and interactive sessions. The event will gather speakers and delegates from around the world to gain insights and inspiration as to the emirate’s future growth plans.
