IANS
Dubai, Jun 28: The United Arab Emirates (UAE) has asked Indian companies to invest in the Gulf region, while lauding the Indian community for being a major contributor to the comprehensive development of the UAE.
UAE Minister of Economy Sultan Al Mansouri met India's new ambassador to the region, Lokesh Mysore Kapanaiah, and discussed investment opportunities in the UAE for Indian companies.
Al Mansouri called on Indian companies to seize opportunities in the UAE in the infrastructure and clean energy sectors and asked businessmen from both regions to exchange visits to develop trade relations.
There are over 105 Indian companies investing in the UAE at present.
The minister said the Indian community forms a vital part of the Emirates.
"The UAE leadership is always keen to secure a safe, attractive environment for the Indian community, allowing it to realise its ambitions," he said.