Search Result for : Gulf Cooperation Council Gcc

PTI Qatar-based Doha Bank will open a state-of-the-art branch in Kochi next week, the only branch of a Gulf Cooperation Council (GCC)-based bank in India. Kerela chief minister Pinarayi Vijayan will inaugurate the branch, which will be located in the LULU International shopping Mall at Edapally, a press statement said Wednesday. It will mainly cater to the needs of the large NRI population, both in Kerala and the Gulf. The inauguration is set to take place on August 27 in the presence of senior government functionaries from Kerala, senior businessmen from Qatar, Board members of Doha Bank and prominent local corporates who have business interest in the GCC. Doha bank, which commenced its operation in Mumbai in April, 2015, provides corporate banking, retail banking, treasury, trade finance ...

Axis Bank caters to NRIs through its offices in the UAE offers automated remittance processing engine Source: PTI Axis Bank has its presence in Singapore, Hong Kong DIFC - Dubai, Colombo and Shanghai, Representative Offices at Dubai & Abu Dhabi and Dhaka   Axis Bank has announced its ambitious plans to further strengthen its remittance offering in the Gulf Cooperation Council (GCC) region by providing new channels of money transfer to existing NRI customers. "The Bank continues to expand its partner network across the GCC region with specific focus on getting into more arrangements with Correspondent Banks while continuing to actively manage our large existing exchange house relationships," said Rajiv Anand, group executive & head, retail banking at Axis Bank. Anand said that this has ...

The Dollar Business Bureau Department of Industrial Policy and Promotion invited Gulf businessmen and investors to tap the huge potential of investment opportunities in India     Offering investment opportunities up to $1 trillion, India has asked businessmen form oil-rich GCC (Gulf Cooperation Council) countries to explore more potential for bilateral collaborations, especially in energy and infrastructure sectors. “India needs $1 trillion worth investments within the coming five years, especially in the infrastructure sector,” said Ravneet Kaur, Joint Secretary in the Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce. Addressing the 4th GCC-India Industrial Forum in Saudi Arabia on Thursday,  Kaur invited Gulf businessmen and investors to tap the huge potential of investment opportunities in India and ...

The Dollar Business Bureau Reliance Defence Limited (RDL), a subsidiary of Reliance Infrastructure Limited, has signed an agreement with Abu Dhabi Ship Building (ADSB) for the setting up of a strategic partnership for the construction of naval ships to cater to the demands of the Gulf Cooperation Council over the next 10 years. “Under this MoU, RDL and ADSB are investigating the opportunity to set up a strategic partnership for the construction of naval ships, including frigates, destroyers and other specialised vessels to address the Gulf Cooperation Council (GCC) over the next 10 years. “The agreement could also see ADSB delivering maintenance repair, overhaul and refit services to the vessels, in line with regioan requirements," the Anil Ambani-led firm said in ...

2022 FIFA World Cup in presents an opportunity for Indian exporters to increase infrastructure and other exports to Qatar The Dollar Business Bureau UAE is a prominent export and re-export destination for Indian goods in the Gulf region   With half yearly exports of over $550 million in FY2014-15, Indias exports to Qatar are likely to touch $1 billion in FY2014-15. However, it is a small improvement in reducing the huge trade deficit of over $14 billion that India has with the Gulf nation. According to the International Trade Centre (ITC), India is the third largest export destination for Qatar (behind Japan and South Korea), while Qatar is India's 11th largest trading partner. However, India runs a huge trade deficit with Qatar, with imports ...