The United Arab Emirates (UAE) government is wooing the Indian business community to invest in the Hamriyah Free Zone (HFZ), located close to Sharjah.
A delegation of senior HFZ officials, including its director Saud Salim Al Mazrouei, interacted with the Indian business community in the capital this week and explained to them about the benefits of investing there. There will be two more such meetings — one in Ahmedabad on 19 October and the second in Mumbai on 22 October — in which HFZ Authority officials will meet the business community, in an attempt to promote the free zone.
India sees UAE as one of its strategic partners in the Middle East. Recently, the Government of India announced that Crown Prince of Abu Dhabi, Sheikh Mohamed bin Zayed Al Nahyan, will be the chief guest at the next Republic Day parade here.