UAE

Farewell To Fortune: India At Risk Of Losing 6,500 HNWIs

Farewell To Fortune: India At Risk Of Losing 6,500 HNWIs

India is likely to see a heavy outflow of millionaires in 2023 and may lose 6,500 high-net-worth individuals (HNWIs) in the current year, according to the Henley Private Wealth Migration Report 2023. Millionaires or High-Net-Worth Individuals are people with an investable wealth of $1 million or more.  China has been ranked first in terms of…

UAE Emerges As Fourth Largest Investor In India, FY23

UAE Emerges As Fourth Largest Investor In India, FY23

In a significant development for India’s economy, the United Arab Emirates (UAE) has emerged as the fourth largest investor in the country during the fiscal year 2023. This remarkable feat not only underscores the strengthening of bilateral relations between the two nations but also highlights the growing confidence of foreign investors in India’s business landscape….

Lulu Announced to Invest ₹500 Crore In Food Plant in Greater Noida

Lulu Announced to Invest ₹500 Crore In Food Plant in Greater Noida

Lulu, the UAE-based retail company, announced setting up its export-oriented food and agriculture-produce processing park in Greater Noida, Uttar Pradesh, with an initial investment of Rs. 500 crore.  At a formal function held at Uttar Pradesh Chief Minister Yogi Adityanath’s office in Lucknow, 20 acres of land was handed over to Yusuffali M A, Lulu…