Monthly Archives: December 2018

Dubai property developers upbeat on India

Dubai property developers upbeat on India

Dubai property developers upbeat on India   Property developers from Dubai taking part in a real estate exhibition in Mumbai remained upbeat on India as a source market for buyers, despite factors including a weak rupee and slowing growth in Asia’a third-largest economy. “India and the UAE have a very close relationship traditionally,” said Sunil Gomes, the chief executive of…

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Dollar out – India, UAE to trade in their currencies

Dollar out – India, UAE to trade in their currencies

Dollar out – India, UAE to trade in their currencies   In a landmark move, the UAE and India on Tuesday inked a currency swap agreement, which allows rupee and dirham for businesses, instead of dollar. With nearly $50 billion bilateral trade, the two countries are one of the largest trade partners and have made robust investments bilaterally. The latest…

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