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PM Narendra Modi offers $1-trillion investment opportunity to UAE

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Abu Dhabi: Prime Minister Narendra Modi on Monday urged top UAE businesses to invest in India, saying the country provides a $1 trillion potential.

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Addressing an investors meet in Masdar City, a zero carbon city, Modi also promised to erase the deficit of prime ministerial interactions of the past 34 years. Indira Gandhi was the last prime minister to visit in 1981.

He said that though there are 700 flights between India and the UAE but it took 34 years for an Indian prime minister to visit, adding: “I promise this will not happen again.”

He said in India’s agriculture sector, “we need cold storage network and warehousing network where UAE businesses have an advantage”.

“Infrastructure development and real estate offer tremendous opportunities for UAE businesses in India,” he added.

Modi said he was told about some problems being faced by UAE businesspersons and added: “I want to assure we are solving these problems.”

He said he will send the commerce minister to try and find solutions to the problems being faced by some UAE investors.

He said that “UAE’s power and India’s potential can make the dream of an Asian Century a reality”.

“It is now commonly believed that India is one of the fastest growing economies. There are several opportunities of development in India. I feel India is a land of many opportunities. The 125 crore people of India are not a market but they are a source of great strength,” he said.

(IANS)

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Huawei Unveils Mate 30 Pro 5G For The First Time in UAE

It is pertinent to note that the only primary difference between the 5G and 4G variant of the Mate 30 Pro is the processor

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Huawei
Huawei has already opened a Notify Me option on their official website in the region, that should prompt prospective buyers ahead of the official pre-order start date. Wikimedia Commons

After launching the standard Mate 30 Pro in Europe and the Middle East late last year, Huawei has now introduced the 5G variant of the flagship smartphone in the UAE.

This is the first time the 5G mate 30 Pro has launched outside of China.

Despite lacking what many would consider the “necessary” official access to Google Mobile Services, the device was confirmed during an official launch event in Dubai, UAE. The Kirin 990 5G-powered device supporting the UAE’s local 5G network infrastructure ahead of a January 23 launch at retailers in the region, 9to5Google reported on Thursday.

It is being said that the smartphone, which comes sans Google and its Play services, will fit in pretty well in the region.

Huawei has already opened a Notify Me option on their official website in the region, that should prompt prospective buyers ahead of the official pre-order start date.

Fans will be able to head into selected stores on the January 23 launch to experience the device for themselves. The Huawei Mate 30 Pro 5G will be available in two colour options: Orange and Emerald Green priced at 3899 AED or roughy $1061, the report added.

Huawei
After launching the standard Mate 30 Pro in Europe and the Middle East late last year, Huawei has now introduced the 5G variant of the flagship smartphone in the UAE. Wikimedia Commons

It is pertinent to note that the only primary difference between the 5G and 4G variant of the Mate 30 Pro is the processor.

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The rest of the internals are same, with the impressive camera performance, battery longevity and display all making this quite an enticing prospect. (IANS)