Economy

Bridging the Gulf: UAE-India Economic Forum 2019

The United Arab Emirates (UAE) and India are two conjoined economies that continue to help each other prosper. And things are only looking up.

Both nations share a deep strategic partnership, following the continued bilateral visits and meetings of their leaders. And businesses are eager to tap into this unprecedented new synergy, creating in the process more investor value and jobs.

In this scenario, since the past four years, the UAE-India Economic Forum (UIEF) has played a crucial role in giving both the governments and businesses the right platform to come together and engage in dialogues to forge a path ahead for trade and investment.

This year again, UIEF, in its fifth edition, hopes to set the agenda as the two nations strive to take their relationship to the next level in sectors with a lot of untapped potential.

With the event set to bring together top decision-makers, here is a snapshot of the various sessions to be held on November 4:

UAE-India Economic Relationship

With India being the second largest trading partner of the UAE at $60 billion and the UAE the tenth biggest source of FDI for India, the session will give a macro-economic perspective of partnership.

Collaboration Opportunities

How can the two nations get more out of the synergy in renewable energy, infrastructure, banking and finance, healthcare, aviation, tourism and entrepreneurship? The session will explore ways to unlock the potential.

Agriculture

As UAE and India go about setting up the crucial food corridor, the session will look at logistics hubs, cold storage, warehousing and other infrastructure that would need to be place to ensure continued food security for UAE and a way for Indian food producers to increase their income.

Banking

With the rise of fintech and remittance services, the session will about finding solutions for operational efficiency that add value to the banks.

Medical Sector

The panelists will talk about ways for India and UAE to position themselves as specialised healthcare hubs and how a strategic partnership can improve efficiency of healthcare delivery.

Smart Cities

The session will zoom into the next big wave in coming together of infrastructure and technology through smart cities, using experiences from setting up of greenfield and brownfield city projects.

Renewable Energy

With India’s 175 GW renewable power capacity target and the emirates’ transition to green energy sources in the coming years, the session will focus on how partnerships between India and UAE will strengthen the segment.

VC Funding

UAE investors continue to play a major role in adding to the vitality of the Indian startup ecosystem. The session, with panel of VC and entrepreneurs, will discuss what is essential to delivering returns.