The Indo UAE Economic Chamber of Commerce was inaugurated today in Chennai by His Highness

The Indo UAE Economic Chamber of Commerce was inaugurated today in Chennai by His Highness Majid Rashid AI Mulla, From Majestic Investments (Office of Sheikh Majid Rashid AI Mualla), UAE in the presence of Sheikh Sultan, Member of Ruling Family, UAE; Mr Hein Helm, Founder MD, Africa World Investments, Nawabzada Mohammad Asif Ali, Dewan to Prince of Arcot. Prabhu Inbadass, Founder Managing Director, MM Gems Jewelleries and Sridevi Arunachalam, Director, MM Gems Jewelleries. Sridevi Arunachalam will be the President of Indo UAE Economic Chamber of Commerce. The Indo UAE Economic chamber of commerce was launched with a view to enhancing economic ties between India and UAE, especially in the state of Tamilnadu. The bilateral trade between the countries has increased to USD 59 billion in 2019 20 from USD 180 million in 1970. UAES investments in India are concentrated mainly in five sectors: Service Sector Sea Transport Power and Construction (In