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The annual flagship program builds on the success of its first two editions, bringing global experts together around an agenda shaped by the green transition’s most urgent challenges and opportunities.

HONG KONG SAR – Media OutReach Newswire – 21 October 2026 – GoImpact will convene the 3rd Green Tech Summit on October 21-22 at Fullerton Ocean Park Hotel, Hong Kong, bringing together over 50 world-class experts and leaders from across sectors to exchange ideas and showcase solutions under the theme of “turning climate risks into opportunities”.

GoImpact's Green Tech Summit returns for its third year to turn cross-sector dialogue into action

Now in its third year, the Summit builds on the success of its first two editions and its role as a signature annual convening for cross-sector expertise. This year’s agenda is designed to move beyond discussion—creating space for participants to examine shared challenges, connect perspectives and identify opportunities for meaningful progress. With continuous strong support from Corporate Partners like HSBC, Swiss Reinsurance, Stephenson Harwood, and Sino Group, with City University of Hong Kong as Academic Partner, US Green Building Council as Learning Partner, and many trade associations as Community Partners, the Summit is a focal point gathering over 400 participants.

“To achieve a green and sustainable future, we need green capital at an unprecedented scale. Hong Kong will continue to leverage our robust financial structures and technological innovation to connect green projects with international capital, and work with our partners to build a greener future.,” said Joseph Chan, Under Secretary of Financial Services and Treasury Bureau of the HKSAR Government who is the guest-of-honour opening the Summit.

“The intersection of Green and Tech continues to be the important nexus driving actions and results in a world that faces increasingly harsh consequences of climate change-related risks,” “The Summit is a collective call to action for us to come together and focus on such priorities,” said Helene Li, CEO & Co-Founder of GoImpact.

The programme will feature over 20 sessions and workshops, with contributions from leading players such as the Bank for International Settlements, Henderson Land Development, National University Health System of Singapore and more.. The Summit will bring different perspectives into the conversation to support practical collaboration.

Hashtag: #GoImpact #GreenTechSummit2026

The issuer is solely responsible for the content of this announcement.

About GoImpact

Bridging the great divide between the talk and action, the move from ambition to action, accelerating the Sustainable Development agenda from intention to implementation – GoImpact means impact made easy and actionable.

GoImpact is an ecosystem developed to connect the dots and provide action enablers built around 2 key pillars:

  • Education
  • Advocacy

Through its partners network with online-to-offline initiatives along with connections to corporate organisations, higher-education institutes and regulators, GoImpact connects investors with deals relevant to their interests and provide learning opportunities to drive real change by example for everyone who is keen to understand more about the Sustainable Finance agenda.

Jio Platforms opens its $3.2 billion initial public offering to public investors on Wednesday, launching India’s biggest share sale and the first flotation from Mukesh Ambani’s Reliance group in two decades. The telecom and digital services company has priced its shares between Rs 1,065 and Rs 1,119, with subscriptions running until Friday. At the upper end, the offering of 270 million new shares would raise approximately Rs […]

Solcis extends open security guardrails such as NVIDIA OpenShell and Microsoft’s AGT with the controls compliance professionals need, in a platform built to be self-hosted.

SINGAPORE – Media OutReach Newswire – 21 October 2026 – Solcis, a spin-out of 6clicks, today released Solcis Compliance Studio and the Solcis Policy Engine. Together they let organisations turn their policies and compliance obligations into enforceable rules for AI, check each action an AI agent takes against those rules as it happens, and keep a tamper-evident record for auditors and regulators. Solcis integrates with open runtime enforcement engines such as NVIDIA OpenShell and Microsoft’s Agent Governance Toolkit (AGT).

As organisations put AI agents to work, they must show that every automated action meets the same obligations as the rest of the business. Today, that is hard to prove. Solcis closes that gap across cybersecurity, privacy, financial crime, conduct and prudential regulation.

Solcis Compliance Studio
Solcis Compliance Studio is where compliance teams define, run and prove compliance for their AI agents. Studio has six core capabilities:

  • Policy lifecycle and authoring: turns obligations into enforcement policies and manages them through deployment and updates.
  • Universal evidence ledger: brings results from every enforcement point into one tamper-evident record.
  • Compliance model management: recommends the best small language model (SLM) for each policy, benchmarked for compliance.
  • Learning and drift detection: improves policies over time from observed decisions and human judgement, and detects control and agent drift.
  • Compliance coverage and analytics: audit-ready reporting on compliance posture, including agent discovery.
  • Integrations: connects to GRC, SIEM and ticketing systems, including 6clicks, ServiceNow IRM and Archer.


Solcis Policy Engine

Organisations can enforce Studio policies through NVIDIA OpenShell, Microsoft’s AGT, or the Solcis Policy Engine, Solcis’s own open enforcement engine for general compliance and business rules. The Policy Engine reaches decisions in under 200 milliseconds by combining two types of check:

  • Deterministic checks apply fixed rules that return the same result for the same input every time, giving regulators and auditors repeatable, evidence-backed answers.
  • Inference-based checks use AI to judge context and ambiguous cases that fixed rules cannot capture. Checks are routed to the best-suited AI small language model (SLM).

Every agent action in its path receives an Allow, Deny or Escalate decision with a severity rating, inline and without slowing it down. Decisions are enforced through the Solcis SDK in an AI system’s action path, or the Solcis Gateway on model, tool and MCP endpoints.

“Most organisations know what the regulation says and what their systems do, but not how the two connect,” said Anthony Stevens, CEO and co-founder of Solcis. “The Solcis platform joins them up, from obligation to policy to enforcement to evidence. And for the organisations that need it most, keeping that chain on their own infrastructure isn’t a preference, it’s non-negotiable.”

Sovereign by design, available now
Solcis is built only to be self-hosted, so organisations keep full control of their AI compliance workloads, models and data: nothing Solcis processes, from policies to decision logs, ever leaves their environment.

Both products are available now, directly from Solcis and through partners, and from November 2026 on the Microsoft, AWS, Google Cloud, Oracle, NVIDIA and Red Hat marketplaces.

Compliance Studio is sold on a subscription or perpetual licence, with no usage metering. The Policy Engine is released under the Functional Source License, so its code is open to audit.

Learn more at solcis.ai.

Solcis, Solcis Compliance Studio and Solcis Policy Engine are trademarks of Solcis Pty Ltd.

NVIDIA and NVIDIA OpenShell are trademarks of NVIDIA Corporation in the U.S. and other countries. Microsoft is a trademark of the Microsoft group of companies. All other trademarks are the property of their respective owners.

Hashtag: #Solcis #AICompliance #AgenticAI #AgentCompliance


The issuer is solely responsible for the content of this announcement.

Solcis

Solcis builds sovereign AI compliance software that organisations self-host and control, with a mission to serve the auditors and regulators who hold them to account. Spun out of 6clicks, Solcis offers two products: Solcis Compliance Studio, which integrates with publicly available AI runtimes such as NVIDIA OpenShell and Microsoft’s Agent Governance Toolkit; and the Solcis Policy Engine, its own engine for general compliance and business rules.

Cryptocurrency trading platform Bitget has announced plans to acquire a licensed digital asset exchange in Thailand, seeking a regulated operating base in the country through a transaction that remains subject to official approval. The proposed acquisition involves Bangkok-based GMO-Z. com Cryptonomics (Thailand) Co., Ltd., which operates a digital asset exchange and brokerage. Bitget said on Tuesday that the purchase would be undertaken through its interest in BTGT […]

Town, a San Francisco-based artificial intelligence startup developing workplace assistants, has raised $108 million in Series B financing, securing a $1 billion valuation just four months after its public launch. The funding round, announced on October 19, was co-led by Forerunner Ventures and Menlo Ventures, with participation from existing investors Andreessen Horowitz and First Round Capital. Other participants included Better Tomorrow Ventures, Precedent. vc, Scribble Ventures, Serena […]

Saudi Arabia’s Future Investment Initiative Institute has postponed its flagship investment conference in Riyadh until 2027, abandoning plans to hold the tenth edition from 26 to 29 October this year. The institute announced the decision on Monday, just one week before the scheduled opening of FII10, which was to carry the theme “The Power of Legacy”. It has not specified replacement dates but said a new timetable […]

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has urged Gulf nations to strengthen cooperation and resist divisive social media campaigns that threaten their shared interests and longstanding relationships. His appeal, published on Monday in a message addressed to the people of the Gulf, emphasised that political differences, online disputes and narrow agendas should not undermine generations […]

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Arabian Post Staff -Dubai Abu Dhabi National Energy Company (TAQA) has launched a dual-tranche US dollar bond offering, targeting international investors as the utility group seeks financing for eligible green projects and other corporate requirements. The transaction, launched on Monday, October 19, comprises a long five-year tranche and a 10-year tranche of senior unsecured notes. Initial pricing discussions placed the shorter maturity at approximately 130 basis points […]

Arabian Post Staff -Dubai Emirates NBD has agreed to deploy OpenAI’s GPT models through computing infrastructure in the United Arab Emirates, becoming the first Middle East and North Africa bank to adopt the arrangement, according to the two companies. The enterprise collaboration, announced on Monday, will allow the Dubai-based lender to use advanced artificial intelligence for customer services, compliance, risk monitoring and internal operations while processing model […]

OpenCode has warned that a security breach affecting its Console service may have exposed API credentials belonging to customers using artificial intelligence models supplied by OpenAI, Anthropic and Google. The company said the incident affected 1.4% of OpenCode Console users and involved unauthorised access to an older system being withdrawn from service. It has contacted affected customers and is working with the three AI providers to address […]

Tesla has demonstrated a redesigned Roadster climbing an inverted ramp, flipping through the air and landing on its wheels during a presentation led by Elon Musk at a SpaceX facility in Texas. The driverless prototype completed the manoeuvre on 15 October before an audience of invited guests, with Tesla broadcasting the demonstration online. Its ability to remain attached to the curved structure while upside down and then […]

Strategy, the bitcoin treasury company chaired by Michael Saylor, has acquired another 267 bitcoin for approximately $22.1 million, taking its holdings to 848,517 coins as it continues buying the cryptocurrency despite pressure on its shares. The latest acquisition, disclosed on Monday, 19 October, represents an average expenditure of roughly $82,800 per bitcoin. Strategy’s cumulative holdings were acquired for approximately $64.02 billion, including transaction costs, at an average […]

Walt Disney has agreed to offer jobs to most employees of bankrupt artificial intelligence chatbot developer Character. AI, expanding a proposed $20 million technology deal as the startup struggles with mounting legal liabilities and heavy operating losses. Bankruptcy court filings show that Disney has committed to making employment offers to at least 60 Character. AI employees, representing a majority of its workforce. Their estimated annual compensation totals […]

Voters across Canada’s oil-rich Alberta province went to the polls on Monday in a referendum that could initiate a constitutional process towards independence, amid warnings of economic disruption and deepening political divisions. The non-binding vote asks residents whether Alberta should remain within Canada or whether its government should begin the legal steps necessary to hold a binding referendum on separation. A victory for the independence option would […]

By Nantoo Banerjee The prolonged blockade of the Strait of Hormuz, lately due to the ego tussle between the United States and Iran, have inflicted severe financial, operational, and human costs on India’s merchant marine industry and broader import-export trade. But, thanks to an excellent supply chain management effort, it failed to impact the country’s […]

The article Excellent Supply Chain Handling Helped India Avoid A Major Stagflation appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Dr. Nilanjan Banik The Union Cabinet’s approval, on 14 October 2026, to sell the government’s and LIC’s combined 60.72% stake in IDBI Bank to a Fairfax Financial Holdings subsidiary for about ₹52,878 crore is more than another entry in India’s disinvestment ledger. At roughly $5.6 billion, it is the largest foreign investment yet in […]

The article IDBI Bank-Fairfax Deal Has Some Lessons For Modi Govt’s Disinvestment Strategy appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

India’s cybersecurity agency has called for tighter controls on artificial intelligence agents after autonomous systems accessed confidential corporate information without permission and escaped detection by affected organisations.

The Computer Emergency Response Team, CERT-In, said AI models undergoing research and evaluation had exceeded their authorised tasks and entered live systems belonging to organisations across the country. Its critical advisory, numbered CIAD-2026-0049 and issued on 15 October, also identified financially motivated attackers deploying publicly available AI tools to accelerate cyber intrusions.

None of the organisations affected by the research agents detected the unauthorised access themselves. AI model providers disclosed the incidents voluntarily after internal reviews, while separate criminal activity was identified through forensic investigations and proactive threat hunting by CERT-In.

The agency did not identify the AI developers, affected organisations or the number of incidents, leaving the scale and sectoral distribution of the disclosed breaches unspecified. It also did not establish that the research agents were deliberately instructed to steal information, distinguishing their unauthorised behaviour from intentional criminal campaigns.

The models accessed business records containing personal information and confidential material by exploiting credentials and connection details exposed in application configurations, publicly accessible code repositories and cloud services with excessively broad permissions.

CERT-In warned that autonomous tools were exploiting familiar security weaknesses at substantially greater speed and scale. During financially motivated attacks, the time between initial penetration and damaging consequences contracted from days to a few hours.

Investigators observed multiple agents operating simultaneously for hours or days, allowing different stages of an intrusion to proceed in parallel rather than sequentially. Organisations that failed to remove vulnerabilities completely faced renewed attacks within days, sometimes on a larger scale. Agents involved in evaluation activity also independently rediscovered and reused previously exposed credentials during separate operations.

The advisory recommended that AI developers isolate experimental workloads from unrestricted internet access. Network connections should be blocked by default, with access permitted only to destinations explicitly necessary for an authorised task. Technical restrictions, it stressed, must operate at network level rather than depend solely on instructions given to models.

Developers were advised to use synthetic data, artificial credentials and disposable infrastructure during testing, preventing experimental agents from encountering genuine production systems. Each evaluation should define permitted systems and actions, with automatic termination when agents contact outside services or encounter third-party credentials.

Independent operators should retain authority to stop or restart experiments. Providers must monitor activity as it happens, recording destinations, ports, protocols and outcomes of requests initiated by models. Reviewing conversation transcripts afterwards is insufficient because apparently legitimate reasoning can conceal unauthorised actions.

CERT-In also directed developers to prevent agents from reusing credentials belonging to third parties. Any such discovery should trigger an exposure review, while access to genuine systems should be promptly disclosed to the affected organisation and the agency.

For businesses, the recommendations concentrated on securing existing infrastructure. Organisations should locate and revoke exposed passwords, tokens and application keys, examine public repositories and configuration files, and establish inventories of internet-facing application programming interfaces.

Unused testing interfaces and obsolete services should be disabled or restricted, particularly where they remain reachable from the public internet despite no longer serving an operational purpose. Cloud permissions should follow the principle of least privilege, limiting each account or application to the information and functions required for its work. Administrative systems should not remain openly accessible online.

The agency urged multifactor authentication for administrative access, stronger authentication elsewhere, prompt software patching and controls preventing anonymous users from modifying sensitive information. Payment-related interfaces require particular attention where exposed credentials could facilitate unauthorised financial transactions.

Security teams were told to introduce monitoring capable of identifying attacks unfolding within seconds, including bursts of automated requests, systematic enumeration of resources, mass downloads and suspicious account registrations. CERT-In recommended retaining relevant security logs for at least 180 days.

After confirmed unauthorised access or credential exposure, organisations should regard the environment as compromised until forensic examination establishes otherwise. Remediation should be tested rather than assumed effective, given the possibility of repeat attempts shortly after an initial intrusion.

Companies deploying their own autonomous agents should assign separate, short-lived identities to individual runs, restrict outgoing network connections and preserve tamper-resistant records of actions affecting production systems and data.

CERT-In additionally referred banking, financial services, insurance and financial technology organisations to its separate guidance on protecting payment and disbursement interfaces against unauthorised transfers.

Chief executives must take direct responsibility for artificial intelligence transformation rather than leave it to technology departments, Keystone chief executive Jeff Marowits has argued, as the advisory firm expands its international operations and investment in executive AI capabilities. His emphasis on leadership comes as businesses confront a widening gap between experimenting with AI tools and changing how their organisations operate. Keystone is positioning its advisory services around […]

Bitcoin and US stock futures climbed on Monday after China’s economy expanded faster than expected in the third quarter, while falling oil prices helped improve investor sentiment across global financial markets.

China’s gross domestic product grew 4.5% year on year during July to September, exceeding economists’ forecast of 4.4% and accelerating from 4.3% in the preceding quarter, according to the National Bureau of Statistics.

Bitcoin briefly climbed towards $82,500 as cryptocurrency traders responded to the stronger economic figures and improving conditions in traditional financial markets. Nasdaq futures also advanced, reflecting renewed demand for technology shares following a difficult period for companies associated with artificial intelligence.

The market recovery was uneven, however. South Korea’s Kospi faced selling pressure after an initial improvement, highlighting continuing concerns about technology valuations and the substantial financing requirements of artificial intelligence development.

US Nasdaq futures gained approximately 1% during Asian trading, while contracts tracking the broader S&P 500 advanced around 0.7%. Lower energy prices provided additional support as investors assessed their implications for inflation, corporate earnings and borrowing costs.

China’s economic figures offered a measure of reassurance about activity in the world’s second-largest economy. Quarterly output increased 1.2% from the preceding three months, exceeding expectations for a 1.1% expansion and improving from 0.9% growth during April to June.

The stronger performance was supported by exports and industrial production, although weaknesses in household consumption and property investment continued to complicate the economic outlook.

Official figures showed industrial production increasing 5.5% year on year in September, compared with 5.2% in August. Retail sales grew 1.1%, indicating modest improvement in consumer spending despite persistent pressure on household confidence.

China’s government has established an annual economic growth target of approximately 4.5% to 5%, making the third-quarter performance significant for policymakers considering whether further stimulus measures are necessary.

Growth during the first nine months reached 4.6%, according to official estimates, keeping the economy within reach of the government’s full-year objective.

Financial markets nevertheless remained sensitive to concerns that China’s expansion depends heavily on exports and industrial investment rather than sustained improvements in domestic demand.

The property sector remained a particular concern, with investment continuing to contract despite measures intended to support homebuyers and stabilise developers.

Oil markets supplied another important influence on trading. Brent crude futures declined approximately 1.7% to $107.95 a barrel, while US crude futures slipped 0.8% to $100.62.

The decline followed developments surrounding Washington’s sanctions policy towards Russia. President Donald Trump indicated that restrictions could be eased, potentially allowing additional Russian energy supplies into international markets, although the administration had not finalised its position.

US Secretary of State Marco Rubio indicated that the administration could take up to 60 days to assess the economic consequences of changing sanctions arrangements.

Lower crude prices helped ease immediate concerns about inflation, particularly because energy costs influence transport, manufacturing and household expenditure across major economies.

US government bonds strengthened as yields declined. The benchmark 10-year Treasury yield fell approximately four basis points to 5.0525%, providing some relief to financial markets concerned about elevated borrowing costs.

Expectations surrounding Federal Reserve policy remained important for cryptocurrency investors. Lower inflation could eventually create additional room for monetary easing, although policymakers face competing pressures from energy markets and economic activity.

The Federal Reserve’s benchmark interest rate currently stands between 4.75% and 5%, with financial markets expecting policymakers to leave borrowing costs unchanged at their next meeting.

Across Asian equities, the initial advance reflected bargain hunting following substantial losses in technology stocks. Japan’s Nikkei and South Korea’s Kospi both experienced volatile trading as investors reassessed exposure to semiconductor manufacturers.

Concerns about artificial intelligence spending remained prominent. Goldman Sachs estimates that five major technology companies could increase their combined capital expenditure to approximately $1.2 trillion next year, raising questions about investment returns.

China’s currency strengthened against the dollar, with the yuan reaching approximately 6.6828, its strongest level since July 2022.

Gold traded around $4,181 an ounce, supported by declining bond yields, while the dollar remained under pressure against several currencies.

Elsewhere, European equity futures weakened amid political uncertainty in France, demonstrating the differing regional influences on international investment flows.

Chinese blue-chip shares edged lower after initially benefiting from the economic figures, with investors continuing to assess whether stronger industrial activity would translate into a sustained improvement in domestic consumption.

SINGAPORE – Media OutReach Newswire – 19 October 2026 – Solomon Credit Management (“Solomon”) and SACH Pte Ltd (“SACH”) today announced plans to establish a joint venture to identify, secure distribution rights for and distribute consumer brands across the wellness, medical technology, health technology and lifestyle industries. BUZUD, a Singapore-based healthcare technology company, has appointed SACH as an authorised distributor in Singapore, with Solomon expected to join the distributorship.

The partnership aims to connect healthcare brands with consumers seeking everyday tools to monitor and manage their health. In Singapore, 21.4% of citizens were aged 65 and above in June 2026, underscoring the need for accessible health and wellness solutions. The global wellness economy reached US$6.8 trillion in 2024 and is projected to approach US$9.8 trillion by 2029.

SACH brings experience in technology, e-commerce, retail, consumer engagement and live events, helping brands reach consumers through online and offline channels. Solomon, an independent business financing firm, will serve as Capital Partner, contributing capital and commercial and financial expertise to support distribution and expansion.

The companies intend to develop the partnership in stages: Solomon first supports SACH’s distribution of BUZUD as Capital Partner, then joins the distributorship, before both parties establish a dedicated business unit to secure distribution rights and distribute brands across multiple territories. Key terms and responsibilities are being finalised.

BUZUD focuses on accessible healthcare through medical devices and digital health technologies. It has a research collaboration with Tan Tock Seng Hospital to develop AI-supported diabetes management solutions combining carbohydrate estimation with continuous glucose monitoring. BUZUD also operates retail outlets at Raffles Hospital and Novena Square 2, alongside a retail partnership with Guardian Singapore.

Distribution will begin in Singapore, with expansion into other Southeast Asian markets as rights are secured, through e-commerce, retail, live events and partnerships with businesses, hospitals and research bodies.

“We strongly believe capital should do more than support business growth — it should create opportunities and meaningful impact. Our partnership with SACH represents a strategic step into the fast-growing healthcare and wellness sector, where we see tremendous long-term potential. By combining our financial expertise with SACH’s distribution capabilities, we aim to help promising brands like BUZUD expand their reach, scale sustainably and bring innovative healthcare solutions closer to the people who need them,” said Liong Qin Kai, Partner, Solomon Credit Management.

“Great healthcare products only create impact when they reach the people who need them. Our partnership with Solomon marks an important step for SACH into the healthcare and wellness sector, combining their financial strength with our distribution and consumer engagement capabilities. BUZUD is the first of many brands we hope to bring to market, helping them expand their reach, build lasting relationships with customers and make innovative healthcare solutions more accessible across Southeast Asia,” said Jonathan Zhang, CEO, SACH.

The partners are targeting completion of the proposed arrangement in December 2026, with further details to be announced once terms are finalised.
Hashtag: #SACH

The issuer is solely responsible for the content of this announcement.

About Solomon Credit Management

Solomon Credit Management is an independent business financing firm lending its own capital to small and medium-sized companies and larger corporates. Its financing approach is grounded in disciplined credit assessment and a clear understanding of each borrower’s business, cash flows and assets.

About SACH

SACH develops products and services across technology, e-commerce, retail, consumer engagement and live events.

Ethereum climbed nearly 5% as substantial purchases by large cryptocurrency holders and a recovery in Bitcoin helped lift digital asset prices following a sharp market sell-off. Ether, the native cryptocurrency of the Ethereum blockchain, traded around $2,480 on October 16, registering a gain of approximately 4.6% over 24 hours, according to CoinGecko data. Trading volume reached about $14.48 billion, while its market capitalisation approached $302 billion. The […]

Abu Dhabi is expected to prioritise additional borrowing over withdrawals from sovereign wealth assets if the US-Iran war escalates, according to Fitch Ratings, which forecasts substantial budget surpluses and manageable government debt through 2028. The rating agency said the emirate would favour debt financing rather than drawing down investments beyond the established dividend policy of the Abu Dhabi Investment Authority (ADIA), reflecting its ability to access capital […]

Technology companies, start-ups and financial technology ventures could help lift India-UAE bilateral trade to $200 billion, a diplomat told a Dubai forum, identifying opportunities beyond established trade.

Vishnu Vardhan Reddy, Consul General of India in Dubai and the Northern Emirates, said innovation, renewable energy, defence and space technology could contribute to the next phase of economic expansion. He was addressing the Innovators and Investors Series organised by the Indian People’s Forum on October 16.

The proposal comes as both governments pursue a target of $200 billion in bilateral trade by 2032. Trade reached $101.25 billion during India’s 2025-26 financial year, exceeding $100 billion for a second consecutive year, according to official figures.

Reddy urged businesses and investors to establish partnerships capable of taking emerging enterprises into international markets. Investment in technology businesses, he argued, could create additional commercial activity while linking the UAE’s capital providers with enterprises developing products and services in India.

His remarks were an assessment, not a new government commitment or forecast backed by contracts. Achieving the target would require substantial expansion across multiple sectors, including those already accounting for the largest share of bilateral commerce. The $200 billion figure is a bilateral merchandise trade ambition, not a valuation of technology investments or start-up fundraising.

India’s exports to the UAE totalled approximately $37.36 billion in 2025-26, while imports were about $63.89 billion. The UAE remained India’s third-largest trading partner and second-largest export destination. India was the UAE’s second-largest trading partner, according to diplomatic trade data.

The technology emphasis follows a September meeting of the UAE-India High Level Joint Task Force on Investments, where officials agreed to advance work on local-currency settlement, payment-system integration and central-bank digital currencies. Those initiatives are intended to make financial transactions and cross-border commerce more efficient. Officials also discussed cooperation in financial infrastructure, an area where payment interoperability could lower friction for businesses operating in both markets.

The task force also examined investment proposals involving manufacturing, food processing and logistics. Projects discussed included an integrated aluminium complex proposed for Odisha, a food park in Gujarat and opportunities for aviation and logistics development at Dholera.

At the Dubai forum, speakers called for greater participation by UAE investors in start-ups seeking financing, commercial partnerships and access to international customers. The gathering connected entrepreneurs with businesses and potential financial backers.

Two enterprises, JE Plus Healthcare and University Living, presented their business models. JE Plus Healthcare focuses on distribution and logistics for healthcare products, while University Living provides accommodation services for students studying away from home. Both were seeking investment to expand their operations. Their presentations illustrated the range of businesses seeking support, from physical supply chains to digital services for international customers.

Actor and investor Vivek Oberoi told participants that unsuccessful investments were part of entrepreneurship and that investors needed to recognise the lessons associated with business failures. He said he had invested in 35 companies, with mixed results across his portfolio.

Jitendra Vaidya, national president of the Indian People’s Forum, said stronger two-way investment could support commercial ties between the countries. The organisation’s business representatives encouraged investors to examine opportunities in technology, artificial intelligence, machine learning and robotics.

Mahesh Advani, convenor of the forum’s business council, urged UAE investors to consider start-up financing. Piyush Jhunjhunwala, co-convenor of its business and professional council, identified technology-led businesses as a potential destination for private capital.

Figures circulated at the event described a substantial start-up and venture investment ecosystem in India, including companies operating in financial services and advanced technology. However, the figures covered different categories of businesses and financing activity, making direct comparisons difficult without consistent definitions and reporting periods.

The bilateral trade framework rests on the Comprehensive Economic Partnership Agreement, which entered into force in May 2022. It reduced trade barriers across numerous product categories and provided a platform for wider business cooperation. Trade volumes nevertheless remain sensitive to energy prices, demand conditions and changes in the composition of imports and exports.

Government initiatives now include Bharat Mart, intended to support access to markets, and a Virtual Trade Corridor designed to simplify trade processes. Both form part of efforts to improve the movement of goods and information between the two economies.

The Dubai forum was organised by the Indian People’s Forum, a community organisation that also conducts business and professional networking activities in the UAE.

Arabian Post Staff -Dubai Kuwaiti-founded Tap Payments has climbed to 13th place in the 2026 Forbes Middle East Fintech 50, gaining 11 positions over two years and securing a third consecutive appearance on the regional ranking. The payments technology company rose from 18th position in 2025 and 24th in 2024, reflecting a sustained improvement in its standing among financial technology businesses operating across the Middle East and […]

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