“IBMC-UAE- India Business Fest 2017” Third Programme Conducted at Ajman

AJMAN:
IBMC Financial Professionals Group, after its successful launch of UAE- India Business Fest 2017, in Dubai at Armani Hotel, Burj Khalifa, and its second programme in the emirate of Sharjah at Sharjah Chamber of Commerce, conducted its third programme for the Emirate of Ajman at Ajman Palace Hotel, UAE on 30 th August 2017.
The UAE-India Business Fest 2017 Ajman Emirate programme witnessed its success by showcasing new Business and Investments diversification opportunities at full day 12 hours continuous programme, in the presence of Sheikh Khaled Ahmed Al Hamed, Sajith Kumar P K, CEO and Managing Director, IBMC Global Network, Pratap Chandiramani, Head- Product & Business Development, India International Exchange IFSC Ltd. (India INX), India, Thumbay Moideen, Founder President Thumbay Group UAE and Founder President, Board of Trustees, Gulf Medical University, Ajman – UAE, Venkata R Paila,Government Of India, Odisha State – Ministry Of Agriculture & Farmers Welfare, Department of Agriculture, Cooperation & Farmers Welfare, Dr. Tariq A Nizami, CEO & Founder, CEO Club Network Worldwide, Neeraj Aggarwal, Business Head- Families & Employees and Corporate Service Vistra ITCL (India) Limited, India, Dr. Khaled M Abu Zaher ,General Manager, FSBC, UAE , Sameer Mittal ,Chairman, International Trade Council, India, Adnan Mohammed Bin Abdulla,Managing Director, Etechan & Bahanes, UAE, V. Hansprakash, Head of Business Developments, IL& FS Securities, Services Ltd, India. Cliffy Stephen, Regional Sales Director, Cognizance Technology, LLC, UAE, Judy Thomas,CEO, AFCOM Trading DMCC, U.A.E, Hemant Contractor, Chairman, Pension Fund Regulatory and Development Authroity PFRDA (over Video Conf), Benoy Sasi, International Lawyer-DIFC, India High Court, Partner-BENS- IBMC International Law & Compliance Centre, Deepak George, Manager & VAT Technology Trainer,Tally Solutions Pvt. Ltd., India, V M Sathish, Senior Journalist – UAE & Middle East, Mohan Vadayar, Senior Reporter – Gulf Today, UAE, Anoop P S-CBO & Executive Director, IBMC Global Network, IBMC International UAE Partners Sasi Kumar, Industry Leaders, Fund Houses, Business Groups from UAE, India, GCC, and Europe.
IBMC Group along with Pension Fund Regulatory Authority of India (PFRDA) started jointly promoting India Government National Pension Scheme for NRIs. The Chairman of Pension Fund Regulatory and Development Authority, Government of India, Hemant Contractor made the official announcement in this regard during
the session. The first PRAN Card (Permanent Retirement Account Number) under this initiative was jointly released by Sajith Kumar P K, CEO and Managing Director, IBMC Global Network and Adnan Mohammed Bin Abdulla, Managing Director, Etechan & Bahanes, UAE. The Official NPS Leaflet was jointly released by Sajith Kumar P K, CEO and Managing Director, IBMC Global Network and Mohan Vadayar, Senior Reporter – Gulf Today.
Addressing the session, Hemant Contractor, Chairman of Pension Fund Regulatory and Development Authority, Government of India highlighted the benefits of NPS Scheme to NRIs and said that Non-resident Indians (NRIs) can invest in National Pension System (NPS) to get a social security cover and it will be highly beneficial for such residents especially living in the Middle-East, who are not having any mandatory social security benefit. We expect to make the reach of NPS benefits among maximum NRIs with the Support of IBMC.” The minimum required monthly contribution is as low as Rupees 500 and minimum yearly contribution required is Rupees 6000. NRIs in the age group of 18 to 60 can join the scheme- added Hemant Contractor.
The Ajman emirate witnessed a 12 hour continuous business sessions covering Industry Seminars and Workshops focused to support business and investments in UAE and India. There was special focus given on 12 non-oil industry sectors having great potential for expansion and developments in both economies.
The Business workshops and seminars focused on opportunities in UAE and India with presentations and discussions on key topics by Pratap Chandiramani, Head- Product & Business Development, India International
Exchange IFSC Ltd. (India INX), India, Thumbay Moideen, Founder President Thumbay Group UAE and Founder President, Board of Trustees, Gulf Medical University, Ajman – UAE, Venkata R Paila,Government Of India, Odisha State – Ministry Of Agriculture & Farmers Welfare, Department of Agriculture, Cooperation
& Farmers Welfare, Dr. Tariq A Nizami, CEO & Founder, CEO Club Network Worldwide, Neeraj Aggarwal, Business Head- Families & Employees and Corporate Service Vistra ITCL (India) Limited, India, Dr. Khaled M Abu Zaher, General Manager, FSBC, UAE , Sameer Mittal, Chairman, International Trade Council, India, Adnan Mohammed Bin Abdulla, Managing Director, Etechan & Bahanes, UAE, V. Hansprakash, Head of Business Developments, IL& FS Securities,Services Ltd, India. Cliffy Stephen, Regional Sales Director,
Cognizance Technology, LLC, UAE, Judy Thomas,CEO, AFCOM Trading DMCC, UAE, Hemant Contractor, Chairman, Pension Fund Regulatory Authority (PFRDA) (over Video Conf), Benoy Sasi, International Lawyer-DIFC, India High Court,Partner-BENS- IBMC International Law &Compliance Centre, Deepak George, Manager & VAT Technology Trainer,Tally Solutions Pvt. Ltd., India, V M Sathish,Senior Journalist – UAE & Middle East, Mohan Vadayar,Senior Reporter – Gulf Today, UAE.
“We are happy to conduct first of its kind UAE India Business Fest 2017 at Ajman Emirate, to provide full support to UAE & Indian Business Community to explore the vast business opportunities Ajman Emirate is offering between both the countries. This initiative will also be supportive for activating new sectors in the
emirate and also for activating inactive sectors by providing opportunity for business diversification in 12 major Sectors. We are happy to welcome companies from India to UAE and UAE India B2B Centre will do all supports benefiting Ajman Emirate. UAE and India has decades of healthy business relation and UAE India Business Fest will further strengthen the relation between two countries”. said Sheikh Khalid Bin Ahmed Al Hamed, Chairman-IBMC International UAE.
“UAE –India Business Fest 2017′ is a new beginning across all emirates in UAE and this initiative will be supportive for the economic development of UAE & India. We are confident that Ajman Emirate programme will make positive contributions to UAE GDP from Ajman Emirate. There is a huge vacuum of trades, investments and business relations from MNC sector to SME and MSME sectors, which we are trying to address by showcasing the opportunity in major sectors for business diversification. The first programme conducted in Dubai at Armani Hotel, Burj Khalifa was a grand success with solid participation from India & UAE- PPP Funds, Large Corporates, Institutions and Investors. The Second Successful programme was conducted in Sharjah Chamber of Commerce with much wider participation and introduction of innovative concepts in UAE including the launching of Startup Stock Exchanges.
This is the third programme in the series for Ajman Emirate and we have introduced joint promotion of India Government National Pension Scheme among NRIs with Pension Fund regulatory and Development Authority (PFRDA), Government of India. We have also given prominence to upcoming opportunities in Tourism, Health Care, Education, Technology and Agro Sector along with 12 major sectors in focus. The Industry workshops and seminars were handled by industry experts from different countries giving practical insights on various topics to attendees, said Sajith Kumar P K , CEO & Managing Director, IBMC Global Network. We expect this initiative to create a perfect platform boosting the pace of business relations with UAE and India. The UAE-India Business Fest 2017 will create a launch pad for bringing in new industry sectors from India to UAE creating opportunity for business diversification benefiting both countries. ” Up on completing the 2017 UAE-India Business Fest, UAE India Business Ambassador Award and UAE India Business Excellency Awards will be announced at the closing ceremony at Abu Dhabi. The UAE-India Business Fest 2017 will cover all emirates in UAE and the next programme in this series will be conducted at Umm Al Quwain on September 2017 added Sajith Kumar P K , CEO & Managing Director, IBMC Global Network.
UAE-India Business Fest 2017 is a first of its kind platform comprises Industry talks, Industry Project Presentations, Execution of Business and Investment Agreements, private business and investments meetings, exclusive B2B Lounge to show case and scheduling business and investment discussions on upcoming sector wise Projects. Investors and business groups from both countries were able to identify, analyse and explore the opportunities that UAE and India is offering. Through this platform multiple projects from business incubations to Public- Private Partnerships was showcased in an effective manner to the right class of business community including Indian Business groups ,UAE Nationals and other nationalities located in UAE,India and other countries. Industry Workshops and Seminars were led by team comprises of group of industry professionals from UAE, India and overseas , who are experts and have the ability to provide practical guidance on all aspects of business in both countries.
Key Focus on the topics discussed were on the recent bilateral treaties signed between India and UAE. Industry talks and project proposals showcased the possibilities and new arena of business and investments to the participating investors and business class. This Fest activities will be held at all 7 Emirates and which will show the strength of each Emirates business and investment opportunities.