India Observers

 The United Arab Emirates (UAE) has taken a significant step toward enhancing its economic and diplomatic influence by joining BRICS, a coalition of emerging economies that now includes Brazil, Russia, India, China, and South Africa, as well as newer members like Saudi Arabia, Egypt, Iran, Ethiopia, and the UAE itself. Abdulla Bin Touq Al Marri, the UAE’s minister of economy, has underscored the profound impact this membership has on the nation’s economic trajectory and global partnerships. Speaking to Nikkei Asia, Al Marri articulated how BRICS membership bolsters the UAE’s economic position by facilitating closer ties with major global players such as China and India. “The UAE has always been a place where the economy has built on the strengths and ties of major economies. The inclusion in BRICS brings the UAE strength, as well as ties with major economies such as China, India,” he remarked. His statement reflects the UAE’s longstanding strategy of leveraging its unique position ...

 India’s steady rise to rank 33 among the world’s top 87 economies is a significant achievement, underpinned by its $3.55 trillion GDP and a GDP per capita (PPP) of $10,176. This economic performance speaks volumes about India’s resilience and ambition as it continues to bridge traditional sectors with tech-driven growth, spurring industrial expansion, urbanization, and innovation. With a population exceeding 1.4 billion, India’s journey is marked by diverse challenges, including infrastructure modernization, social welfare, and income disparity. Yet, India’s growth story has consistently showcased its ability to adapt and forge ahead, blending economic reforms with an increased focus on global trade, manufacturing, and digital innovation. On the other hand, the UAE’s remarkable success as one of the leading global economies highlights the influence that strategic investments and policy can bring to even the smallest countries. The UAE’s rise to the top of the rankings underscores ...

 The trade relationship between India & UAE is based on mutual trust & cooperation. It’s continuing from 19th-century spices to 21st-century petroleum. Indian traders first ventured to the Gulf region for trade in the early nineteenth century, beginning the history of trade between India and the United Arab Emirates (UAE).  The trade connection between the two nations has developed and increased over time, and the UAE is now one of India’s biggest trading partners. Spices, textiles, and other items were traded by Indian traders with their Gulf counterparts in the early years of the trading partnership, especially in what is now the UAE.  The proportion of Indian traders and businesses visiting the Gulf region increased along with the growth of the trading ties between the two nations.  A rising number of Indian laborers started coming to the area in the 20th century to engage in the oil industry and other sectors. Trade Relations Between India & UAE As th...