The Indo UAE Economic Chamber of Commerce was inaugurated today in Chennai byHis 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. UAE’S investments in India are concentrated mainly in five sectors: Service Sector (%), Sea Transport (%), Power (%) and Construction (In