Page 29 - MOET ENGLISH PR REPORT - JULY 2025

Press Release

brought together senior leaders, economic players, investors, and entrepreneurs from both sides to
capitalize on promising economic and investment opportunities in both markets. Our two nations
have established diverse pathways to support a shared vision for innovative and sustainable
economic models, while also promoting the development of diversified economic partnerships
across both the public and private sectors."

UAE and India among fastest growing economies

“The economies of the UAE and India are among the fastest growing ones, as the non-oil GDP of
the UAE economy grew by five per cent in 2024 compared to that of 2023, while the GDP of the
Indian economy achieved a growth of 7.4 per cent in the first three months of 2025. This indicates
the growing momentum of economic opportunities in both markets,” H.E. added.

267,121 Indian companies thriving in UAE markets

H.E. continued: "The hosting of these events reflects the growing importance of the Indian business
community as a vital economic and investment partner for the UAE. Today, over 267,121 Indian
companies are actively operating across diverse sectors in the UAE market. Notably, 22,415 new
Indian firms entered the UAE in the first half of 2025, a growth rate of more than 10 per cent
compared to the same period last year. This surge underscores the UAE’s strong appeal as a global
business hub and reaffirms the deep confidence Indian investors place in our economy.”

India: Top source of tourists to the UAE

H.E. pointed out that tourism stands out as a cornerstone of economic collaboration between the
two nations. India has established itself as the UAE's primary source of tourists, contributing 4.23
million visitors during 2024. The air connectivity between the countries continues to expand, with
over 600 weekly flights operated by carriers from both nations.

Speaking at the event, Dr. Jean Faris, CEO of Investopia, stated: "Investopia has emerged as a
global platform with a clear vision to shape the future of investment in advanced economic sectors
- both regionally and globally. Through its events and international dialogues, the platform
connects ambitious capital with transformative ideas, contributing to the development of a new
economy that fosters sustainable growth and enables cross-border economic and investment
partnerships."

He added: "The global economy is undergoing profound geopolitical and structural shifts, marked
by evolving trade routes and an accelerating digital transformation. In this context, there is an
urgent need to build more resilient and sustainable economic systems. Against this backdrop, we
gather here in Hyderabad and the state of Andhra Pradesh to leverage the geographic and
competitive advantages of both the UAE and India, forging joint visions and innovative solutions
that unlock new opportunities for both business communities."

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