Page 81 - MOET ENGLISH PR REPORT - JULY 2025

Press Release

H.E. Bin Touq said, “Economic collaboration between the UAE and India continues to strengthen,
with notable growth in business activities. In the first half of 2025 alone, 22,415 new Indian

companies entered the UAE market, an increase of over 10 per cent compared to the same period
in 2024. By the end of June 2025, the total number of Indian companies operating in the UAE

reached 264,687. During the meeting, we discussed strategies to enhance communication between

business communities of the two countries and to encourage the establishment of diverse ventures
across vital economic sectors.”

H.E. noted that the UAE has an adaptable and competitive legislative and economic environment

that stimulates industrial investments across the world. The manufacturing sector contributed 13.5

per cent to the UAE’s non-oil GDP in 2024, ranking as the second on the list of economic activities
contributing most to the non-oil GDP of the national economy. Additionally, the foreign direct

investment (FDI) in this vital sector reached approximately AED 40 billion (USD 10.9 billion) by
the end of 2022, representing 7 per cent of the country’s total FDI inflows.

The meeting also explored the key enablers and competitive advantages of the UAE’s business
environment for Indian companies, along with strategies to maximize these benefits. Among the

highlighted strengths were the UAE’s strategic location connecting East with West, its
comprehensive economic partnerships, advanced infrastructure, diverse logistics services, and tax

incentives that encourage the establishment of diverse economic and investment activities.

Both sides emphasized the importance of enhancing collaboration between the public and private

sectors to facilitate the exchange of expertise and best practices, aimed at adopting latest
technologies across sectors related to the new economy. This supports the building of a knowledge-

based, technology-driven economy and fosters sustainable economic development.

-Ends-