Indian investors put in USD 335 million as FDI in Dubai during January-June: Vestian

"Dubai witnessed significant investments (FDI) from Indian investors, amounting to USD 1.6 billion between 2020 and H1 (January-June) 2023. Dubai's strategic location along with tax-friendly policies act as a key incentive for Indian investors and business owners who are looking to expand into new markets," Vestian said in a statement.

Indian investors put in USD 335 million as FDI in Dubai during January-June: Vestian
In the first six months of 2023, India was amongst the top countries investing in Dubai with a cumulative investment of USD 335 million, it said. Image Courtesy:

Indian companies made FDI investments of USD 335 million in Dubai during January-June, Vestian on Tuesday said.

The foreign direct investments (FDI) into Dubai from Indian companies stood at USD 541 million in the entire 2022, real estate consultant Vestian said citing data of the Department of Economic Development, Dubai FDI.

"Dubai witnessed significant investments (FDI) from Indian investors, amounting to USD 1.6 billion between 2020 and H1 (January-June) 2023. Dubai's strategic location along with tax-friendly policies act as a key incentive for Indian investors and business owners who are looking to expand into new markets," Vestian said in a statement.

In the first six months of 2023, India was amongst the top countries investing in Dubai with a cumulative investment of USD 335 million, it said.

In terms of investments in the number of projects, India has outnumbered Canada and Latvia with investments in a total of 123 projects.

Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-latest-fd-interest-rates-for-senior-citizens-know-what-major-banks-like-icici-bank-hdfc-bank-of-baroda-sbi-canara-bank-axis-bank-providing-currently-on-fixed-deposits-calculator-327278

Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits

https://www.zeebiz.com/personal-finance/photo-gallery-gratuity-calculator-inr-rs-38000-as-last-drawn-basic-salary-pay-and-5-years-5-months-of-service-know-gratuity-amount-payment-act-1972-eligibility-criteria-conditions-employer-employees-wage-327018

Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?

https://www.zeebiz.com/personal-finance/photo-gallery-top-5-small-cap-mutual-funds-with-best-sip-xirr-returns-in-1-year-calculator-inr-rs-25000-monthly-investment-has-grown-to-355000-nifty-150-tri-bse-invesco-edelweiss-hsbc-franklin-nav-aum-327419

Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-sbi-sip-mutual-funds-with-highest-sip-return-xirr-in-1-year-capital-gains-calculator-how-inr-rs-25000-monthly-investment-has-grown-to-bse-sp-nifty-multi-large-health-tech-banking-326674

Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404

https://www.zeebiz.com/markets/stocks/photo-gallery-adani-group-stocks-nosedive-heres-what-anil-singhvi-suggests-327508

Adani group stocks nosedive: Buy or Sell? Here's what Anil Singhvi says

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-state-bank-of-india-5-years-fixed-deposit-fd-vs-post-office-monthly-income-scheme-mis-where-can-you-get-more-income-in-5-years-on-investment-of-rs-200000-see-calculations-327293

SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations

https://www.zeebiz.com/trending/news-rains-in-tamil-nadu-orange-alert-issues-for-november-26-regional-meteorological-centre-cyclone-south-andaman-sea-puducherry-karaikkal-327505

Tamil Nadu Weather News: Heavy rain likely in TN, orange alert issued for Nov 26

https://www.zeebiz.com/markets/stocks/photo-gallery-psu-and-largecap-shares-to-buy-short-term-bse-sensex-nse-nifty-pick-of-the-day-327460

Stocks to buy: Hindustan Aeronautics, Zomato, Tata Tech, GMR Airports among analysts' top picks

https://www.zeebiz.com/markets/stocks/photo-gallery-multibagger-defence-psu-stock-garden-reach-shipbuilders-and-engineers-grse-share-price-nse-bse-target-by-brokerage-new-order-327304

Multibagger Defence PSU Stock: Shares to be in focus as company signs new pact - Check targets by brokerage

Written By: PTI
Updated: Tue, Dec 26, 2023
09:01 PM IST
PTI
RELATED NEWS
FDI inflows jump 47.8% to USD 16.17 billion in April-June 2024 FDI inflows jump 47.8% to USD 16.17 billion in April-June 2024
FDI in India's manufacturing sector hits $165 billion, 69% growth in last 10 years FDI in India's manufacturing sector hits $165 billion, 69% growth in last 10 years
Slowdown, likely rate cut in US will drive foreign investment to India: Experts Slowdown, likely rate cut in US will drive foreign investment to India: Experts
No rethinking on supporting Chinese investments in India: Piyush Goyal No rethinking on supporting Chinese investments in India: Piyush Goyal

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x