Friday April 27, 2018
Home Business Large Indian ...

Large Indian participation in Dubai property show this year

0
//
96
Indian property companies
Picture Courtesy:-www.newsearchvibe.in
Republish
Reprint

Dubai: There will be a huge Indian participation in the annual International Property Show that will be held in Dubai this coming April. The event organisers, Strategic Marketing & Exhibitions predicted it.

A total of 15 Indian companies, double the figure compared to last year, will be showcasing their projects and targeting the large Indian expatriate community of five million at the International Property Show to be held from April 11 to 13, Khaleej Times reported on Tuesday.

According to the organisers, Indians top foreign investments in Dubai’s property market.

Between 2006 and 2015, India’s investments ballooned to over 120 billion Dirhams ($32.6 billion) through more than 57,000 transactions surpassing the largest investor groups – British and Pakistani investors – both in value and number of transactions.

“The close relations between the UAEand Indian governments have created an ideal investment climate that boosts flow of funds in both directions, especially in real estate,” Dawood Al Shezawi, the president of Strategic Marketing & Exhibitions, said.

He said the investors from India have a strong inclination to buy property in the UAE.

Meanwhile, Anurag Bhushan, Consul General of India in Dubai, said, “A total of about 26,000 Indian companies are operating in the UAE, and more than 20 of India’s leading banks and financial institutions have established offices in the DubaiInternational Financial Center.”(IANS)

Click here for reuse options!
Copyright 2016 NewsGram

Next Story

Dubai Police: Famous Bollywood Actress Sridevi Died from Drowning

0
//
69
sridevi
Indian actress Sridevi died at the age of 54 in Dubai. VOA

Dubai police said Monday that drowning was the cause of death for famed Bollywood actress Sridevi Kapoor, correcting earlier reports that she had died of a heart attack.

“Following the completion of post-mortem analysis, #DubaiPolice today stated that the death of Indian actress #Sridevi occurred due to drowning in her hotel apartment’s bathtub following loss of consciousness,” Dubai police tweeted.

The case of her death has now been transferred to public prosecutors, Dubai police added.

ALSO READ: India Stunned By The Death Of Veteran Actress Sridevi

Sridevi, 54, died Saturday night in Dubai while attending her nephew’s wedding. Best known for her roles in Indian Hindi romantic drama films, including Chandni, Lamhe, Mr. India, and Nagina, Sridevi began her acting career at a young age and starred in over 300 films.

Her body was flown back to Mumbai Monday, where hundreds of fans had gathered around her home.

Others in the Bollywood film industry expressed their shock and sadness following the news of her death.

“I have no words. Condolences to everyone who loved #Sridevi . A dark day . RIP,” actress Priyanka Chopra wrote on Twitter.

“Ma’am, we will always remember you with love and respect,” actor Aamir Khan tweeted. (VOA)

Next Story