India and UAE have launched a forum to discuss strategies and solutions to investor challenges in India. The forum has been named as Arab-India Economic Forum (AIEF). The forum has been formed in partnership with the Consulate General of India in Dubai. The main objective of the forum is to bring together political and business leaders from UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Egypt and India.
The AIEF shall be focusing on opportunities in infrastructure, alternative energy, digital India, tourism and finance. Focusing on the growth sectors, it will address the policy framework and guidelines required to attract Arab investors and industrialists.
Interesting Facts About UAE
- United Arab Emirates (UAE) is a federation of seven emirates – Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain.
- The Dubai police fleet includes a Lamborghini, Ferrari and Bentley. This is to allow them to catch speeders who can outrun other cars.
- Emirate of Abu Dhabi accounts for 87% of the UAE’s total area. The smallest emirate, Ajman, accounts for less than 1% of the UAE’s total area.
- India is the UAE’s largest trading partner, accounting for about 25% of the total trade.
- The World’s current tallest building, the Burj Khalifa is only 1/2 a mile high.
- The United Arab Emirates, despite its name has a minority Arab population (13%), with South Asians (primarily Indians, Pakistanis and Bangladeshis) forming the largest group
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