Tuesday 21 May 2013
 
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NRI

HDFC to showcase top Indian projects

  India’s top housing finance company HDFC will be bringing a bouquet of projects ranging from apartments, row houses, flats to plots and villas from across India for the expats in the UAE fro

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Critical gaps seen in NRIs retirement plans

Risk aversion and lack of professional advice is leading to critical gaps in financial and retirement planning amongst UAE-based non-resident Indians (NRIs), according to the first Standard Life NRI Wealth Study. Standard Life, a

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Insurance schemes planned for Indian expats

The Indian government is currently reviewing new social insurance schemes for all overseas Indians including those in Gulf countries, the country's top diplomat in Bahrain said. Indian Ambassador Dr Mohan Kumar said this was a

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StanChart offers multi-use account for NRIs

Standard Chartered recently launched the NRI 3-in-1 Account, a complete investment solution for non-resident Indians (NRIs) to access Indian investment markets. The account is a combination of non-resident bank accounts, including Portfoli

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Indian firm buys huge plot in Dubai's Meydan City

Indian developer Sobha Group has bought eight million square feet of land at Dubai's Meydan City for an undisclosed amount to build a mixed-use project, a report said. Sobha City will be located at Meydan City's Godolphin Parks area and w

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49pc NRIs 'buy property for investment'

About 49 percent of non-resident Indians (NRIs) are looking to buy property in India purely for investment purposes, a study conducted by Sumansa Exhibitions has revealed. The study was conducted amongst 15,000 NRIs across the UAE and hig

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Aman launches insurance schemes for NRIs

Dubai Islamic Insurance and Reinsurance Company (Aman Insurance), a leading Islamic insurance provider, has launched two new medical insurance products for the booming non-resident Indian (NRI) population. The new schemes Rishtey and Healt

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BBK sets up $1.8m JV to serve NRIs

BBK has set up a joint venture with have a capital of KD500,000 ($1.8 million) in Kuwait to target the country's 600,000 non-resident Indians (NRIs) who want to invest back home. BBK which has 40 per cent stake in the venture in which it i

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Mumbai project 'draws strong interest in Gulf'

A new upscale villa complex 'Lokhandwala Valley' which was launched in June in Panvel, Navi Mumbai, has generated high interest among non-residents Indians (NRIs) in the Gulf and other parts of the world, according to Dubai-based Sternon Real Esta

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LIC, BBK sign NRI policies accord

Bahrain-based Life Insurance Corporation (International) has signed an agreement with BBK NRI Business to distribute its policies exclusive to its non-resident Indian (NRI) clientele. NRI customers will now be able to subscribe to dollar-d

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