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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.

The meeting brought together the Supreme Council Member and the visiting minister as both countries seek to expand commercial partnerships, investment opportunities and diplomatic engagement. Discussions also covered bilateral relations and developments affecting the Gulf region.

Jaishankar described the meeting as an opportunity to exchange views on strengthening relations between the two countries and expanding engagement across the region. He acknowledged Sheikh Saud’s perspectives on bilateral cooperation and confirmed that the situation in the Gulf featured in their discussions.

The talks took place during the final day of Jaishankar’s three-day official visit to the UAE, which began on October 14. The visit was intended to review progress under the Comprehensive Strategic Partnership and identify opportunities for further cooperation across economic and diplomatic sectors.

Neither side announced a new investment agreement, trade target or commercial project following Friday’s meeting. The discussions nevertheless provided another channel for engagement between India’s government and the leadership of individual UAE emirates, alongside established federal diplomatic arrangements.

Economic cooperation remains central to relations between the two countries. Their Comprehensive Economic Partnership Agreement, which entered into force in May 2022, provides preferential market access for eligible goods and establishes mechanisms to facilitate trade and investment.

The agreement has supported efforts to diversify commercial exchanges beyond traditional energy transactions, with businesses exploring opportunities in manufacturing, logistics, infrastructure, technology and services. Its implementation also provides a framework for addressing commercial barriers and encouraging greater participation by companies operating in both markets.

Ras Al Khaimah has pursued investment partnerships involving manufacturing, industrial production, construction materials and logistics. Its industrial infrastructure and connections to regional shipping networks provide opportunities for businesses seeking production facilities and access to markets across the Gulf.

The emirate’s commercial engagement with India was also discussed during a July meeting between Sheikh Saud and India’s Ambassador to the UAE, Deepak Mittal, who was accompanied by business representatives.

That meeting examined opportunities for cooperation across several sectors and ways to utilise Ras Al Khaimah’s economic advantages. The discussions reflected continuing engagement between the emirate’s leadership and businesses interested in developing commercial operations within its jurisdiction.

Friday’s meeting followed talks on Wednesday between Jaishankar and UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi.

The two ministers reviewed cooperation under the Comprehensive Strategic Partnership and Comprehensive Economic Partnership, with particular attention to trade, investment and economic development. They also exchanged views on international issues and developments affecting regional stability.

Sheikh Abdullah reaffirmed the UAE’s commitment to strengthening bilateral relations and identifying opportunities that support the development priorities of both countries. Their discussions covered existing cooperation and possibilities for expanding engagement in sectors considered important to their respective economies.

The diplomatic exchanges come as governments and businesses assess the implications of uncertainty across the Gulf for investment, shipping and energy supplies. Regional stability remains an important consideration for commercial activity involving the UAE and India, particularly given their extensive trade and transport connections.

Jaishankar also participated in the Raisina Middle East Dialogue in Abu Dhabi on Thursday, joining discussions about international connectivity, strategic partnerships and the changing economic geography of global trade.

Speaking during a session examining continental corridors, he highlighted growing competition, emerging transport constraints and the importance of building reliable partnerships. His remarks addressed the challenges facing countries seeking secure commercial connections amid shifting geopolitical and economic conditions.

The dialogue, held on October 14 and 15, brought together participants to examine regional and international developments, including connectivity initiatives and cooperation between governments.

India’s relationship with the UAE also encompasses energy supplies, defence cooperation and investment, alongside extensive people-to-people connections. These established links provide an additional foundation for discussions involving the federal government and individual emirates.

The Embassy of India in Abu Dhabi estimated that approximately 4.3 million nationals from India were living in the UAE in 2024, representing roughly 35 per cent of the country’s population.

Ras Al Khaimah’s geographical position near the Strait of Hormuz adds a regional dimension to discussions about trade and connectivity. The emirate borders Oman and maintains industrial and maritime facilities serving businesses involved in manufacturing, construction materials and international commerce.

By Dr. Gyan Pathak Socio-political situation in India is worsening faster than anyone can handle it, even the Judiciary, which is seen as moving at comparatively slower pace in delivering justice in the fight between competing interests. “We hope better sense will prevail on everyone,” said Chief Justice of India (CJI) Surya Kant today October […]

The article Protests Against CEC, Scheming Government, And The Judiciary appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Bhasha Singh The clouds of unrest are once again gathering over the Gulf region. This time, the epicentre is Yemen’s internal power struggle, which has spilled over into Saudi Arabia, claiming several lives, including that of an Indian national. The Houthi rebels’ attacks on Saudi airports have prompted retaliatory strikes by the Saudi-led coalition […]

The article Iran’s Mediation Efforts In Yemen Are Aimed At Expanding Tehran’s Influence appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Dr Arun Mitra The Supreme Court’s order, following a hearing on a Public Interest Litigation (PIL) filed by the Federation of Medical and Sales Representatives Association of India concerning unethical marketing practices in healthcare, is a welcome step. The Court has asked the Union government to constitute a panel to examine measures to curb […]

The article Supreme Court Order Concerning Unethical Practices Of Drug Firms Is Welcome appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The IMF forecast regional expansion of 4.8 per cent in 2026, compared with 5 per cent last year, followed by a further slowdown to 4.4 per cent in 2027. Its latest estimate for this year nevertheless represents a substantial upgrade from the 4.4 per cent projected in April.

The revised outlook reflects sharply contrasting pressures across Asia. Demand for semiconductors, data centres and other technology equipment has strengthened exports and investment, while higher energy costs linked to the Middle East conflict have squeezed economies dependent on imported fuel.

The fund warned that a reversal in AI investment or technology share valuations could undermine growth disproportionately because Asian manufacturers occupy central positions in global electronics supply chains. Higher sovereign borrowing costs and prolonged disruption to energy supplies present additional threats.

Emerging and developing Asian economies are projected to grow 5.1 per cent this year, down from 5.6 per cent in 2025, before slowing to 4.9 per cent next year. Advanced regional economies are expected to expand 3.2 per cent in 2026, compared with 2.5 per cent last year, then moderate to 2 per cent in 2027.

The IMF upgraded forecasts for South Korea, Taiwan and Hong Kong, where demand linked to AI infrastructure has lifted manufacturing and exports. China and India also received upward revisions, although countries facing higher inflation without equivalent technology gains have experienced weaker growth projections.

Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, said at the fund’s annual meetings in Bangkok that technology exports had accelerated sharply during the first half of 2026. Demand for chips and investment in data centres were important contributors, alongside stronger trade within the region.

He said economies had responded to energy disruptions by diversifying fuel suppliers, reducing consumption, increasing alternative energy use and drawing down inventories. Governments had also introduced measures intended to contain inflation, protect incomes and prevent supply shortages.

Those adjustments have not eliminated the unequal effects of the energy shock. Bangladesh, Cambodia and Laos are among the fuel-importing economies with limited direct exposure to the AI investment boom and comparatively restricted financial resources to absorb further pressure.

The IMF urged monetary authorities to maintain price stability as expensive energy threatens to push inflation expectations higher. It cautioned that central banks could face difficult decisions if weaker growth coincides with persistent price pressures, particularly where currencies and capital flows respond to changes in global interest rates.

Fiscal policy should focus on vulnerable households and businesses rather than costly blanket subsidies, the fund indicated. Elevated public debt and higher bond yields reduce governments’ ability to sustain broad support programmes without increasing financial risks.

The regional assessment comes as investors reassess the durability of spending on AI infrastructure. Asian technology shares suffered steep losses on Thursday, with South Korea’s benchmark stock index falling nearly 8 per cent and Japan’s Nikkei dropping about 5 per cent amid concerns over US inflation and borrowing costs.

The fund also identified concentrated stock market valuations and increased investor leverage as potential sources of instability. A sharp repricing could affect financing conditions and confidence even in economies where orders for technology products remain comparatively strong.

Separately, the IMF expects China’s growth to slow from 5 per cent in 2025 to 4.5 per cent this year and 4 per cent in 2027. It has called for stronger domestic demand and fiscal measures to counter deflationary pressures, rather than continued reliance on external sales.

Beyond financial markets, the fund highlighted employment challenges associated with technological change. Srinivasan said its research found employer demand for jobs more exposed to AI had declined by 10 per cent, although that effect appeared to have stabilised as employers sought workers with relevant skills.

The IMF recommended addressing youth unemployment and skills mismatches, strengthening social protection and improving energy security through diversification and renewable supplies. It also supported deeper regional trade integration as governments seek to preserve access to markets despite tariff barriers.

The regional outlook additionally identified a severe El Niño episode as a potential disruption to agriculture, fisheries and hydropower generation, with possible consequences for food and electricity prices across vulnerable economies, particularly in countries heavily reliant on imported energy.

The only vendor in the Pace Setters quadrant and the only Asia-based vendor in the report. CyCraft marks its third major international recognition of 2026

TAIPEI, TAIWAN – Media OutReach Newswire – 14 October 2026 – CyCraft Technology (TWSE: 7823), an AI-native cybersecurity company, today announced that it has been positioned in the Pace Setters quadrant of the Gartner Emerging Market Quadrant for AI Application Security, Startup Vendors, published on September 16, 2026. CyCraft Technology is the only vendor in the Pace Setters quadrant and the only Asia-based vendor in the report.

When AI Goes Off-Script, Defense Must Move at Machine Speed

Enterprises are handing AI agents real authority: reading email, querying databases, approving transactions, changing system configurations. Attackers are using AI too. They probe AI applications with thousands of prompt variations in minutes, adapt to every refusal, and look for the one input that turns a trusted agent into an insider. Prompt injection, sensitive data exposure, and agents exceeding their permissions are no longer edge cases. They are becoming everyday incidents.

Human-speed review cannot keep up with machine-speed attacks. Every organization deploying AI now faces two questions: has this system been tested against an adaptive attacker before launch, and can anything stop it in real time once it goes live?

“AI behaving outside its intended boundaries is fast becoming the norm, not the exception,” said Dr. Benson Wu, CEO and Co-Founder of CyCraft. “When agents act on their own and adversaries use AI to attack them, defense has to run at the same speed. Every decision an agent makes must be testable before launch, interceptable in production, and traceable afterward. That is why we built XecART and XecGuard on our own models from day one. We believe being named the only Pace Setter reflects both the strength of our technology and our ability to deliver it in real enterprise environments.”

Test Before Launch. Protect in Production.

CyCraft’s AI application security portfolio covers both pillars of AI defense.

XecART, CyCraft’s AI Red Teaming Security Assessment, attacks AI applications and agents the way a real adversary would. It runs multi-round adaptive tests, shifts tactics based on each response, and delivers resilience reports aligned with international standards, so teams know where their AI breaks before attackers find out.

XecGuard is a real-time guardrail for LLMs and AI agents. Instead of static keyword filters that attackers learn to evade, it is built around each enterprise’s own security context. It reads the intent behind every prompt and response, and blocks malicious or abnormal activity as it happens.

Both products draw on CyCraft’s native expertise in Chinese and Japanese and on regional threat intelligence, catching attack patterns that general-purpose models routinely miss.

Three International Recognitions in 2026

In April, XecART and XecGuard were included in the OWASP AI Security Solutions Landscape. In July, CyCraft was named a Sample Provider in the Gartner report “Emerging Tech: AI Vendor Race: Reasoning Models Reshape Providers’ Approaches to AI Pricing.” In September, CyCraft Technology was positioned in the Pace Setters quadrant of the Gartner Emerging Market Quadrant for AI Application Security, Startup Vendors.

CyCraft believes security is not a brake on AI innovation; it is what lets AI move fast without losing control. Organizations deploying AI applications or agents can request an XecART assessment or a XecGuard evaluation at https://www.cycraft.com/en/contact-us.

Related Articles

• XecGuard LLM Firewall
• XecART AI Red Teaming Security Assessment
• CyCraft Named a Sample Provider in the Gartner® Latest AI Reasoning Models Report—The Only Taiwan-Based Cybersecurity Provider Listed
• CyCraft XecART and XecGuard Recognized in OWASP AI Security Solutions Landscape

Report

Gartner®, Emerging Market Quadrant for AI Application Security — Startup Vendors, Meghan Hollis et al., 16 September 2026.

Gartner®, Emerging Tech: AI Vendor Race: Reasoning Models Reshape Providers’ Approaches to AI Pricing, Aapo Markkanen et al., 5 June 2026.

Disclaimer

Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a trademark of Gartner, Inc. and its affiliates.

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Yanliang Miao, Chief Economist and Senior Managing Director of CICC, shared his insights on China’s economic transformation and the evolving international monetary order in his opening remarks and keynote speech. He noted that understanding China requires a global rebalancing perspective, considering both the dynamism of emerging industries and the implications of the transition from old to new growth engines for jobs, incomes and demand. Alongside its green and digital transitions, China is also working toward a growth model supported by higher household incomes and services-led consumption. Turning to the international monetary order, he observed that shifts in the global economy, trade networks and financial technology are driving the evolution toward a more diversified international monetary system. Economic and trade strength do not automatically translate into international currency status: institutional credibility and the depth and breadth of financial markets remain central to understanding this evolution and the internationalization of the renminbi.

Huimin Wu, Executive Dean of CICC Global Institute and Deputy Head of Research Department at CICC, noted that, as discussed in The New Pattern of Dual Circulation, a book jointly published this year by CICC Global Institute and CICC Research Department, China’s economy is entering a new stage of development. Its trade and outward investment are undergoing a paradigm shift, while emerging industries are becoming increasingly important drivers of growth in the global economy. These changes are both part of the broader process of global economic rebalancing and deeply shaped by it, giving rise to a new pattern of interaction between China and the global economy.

The forum brought together experts and industry representatives from institutions including the International Monetary Fund (IMF), ASEAN+3 Macroeconomic Research Office (AMRO), Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University, National University of Singapore, ICBC Standard Bank, Wood Mackenzie, and NSQ Capital. Discussions focused on the transformations of China’s trade and outward investment and their global implications, as well as the prospects for emerging industries such as innovative pharmaceuticals, green energy, and artificial intelligence.

This marked the first time the CGI Quarterly Macro Forum was held in Southeast Asia. Taking place during the week of the IMF and World Bank Annual Meetings, amid international discussions on global economic opportunities and challenges, the event brought Chinese perspectives to the global conversation and offered Chinese insights into key issues concerning China’s economy that are of broad international interest.

As an important part of CGI’s ongoing efforts to strengthen international exchanges, present China’s perspective, and foster a deeper understanding of China’s economic transformation process, the event was an innovative exploration. Looking ahead, CGI will continue to deepen its international engagement and work toward building an international dialogue platform focused on China’s economy, contributing to greater mutual trust and consensus, and playing a positive role in this cause.

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About CICC

China International Capital Corporation Limited (CICC, 601995.SH, 3908.HK) was founded in 1995. Our experience in professional services includes leading several prominent transactions, reflecting our close involvement in China’s economic reform and development. Our vision is to become a first-class investment bank with international competitiveness. Our extensive network and cross-border business practices have enabled us to offer high-quality, value-added financial services to a diversified client base. This includes a full-service and balanced business model that offers investment banking, equities, FICC (Fixed Income, Currencies and Commodities), asset management, private equity and wealth management services, all of which draw on our comprehensive research and technology capability. Headquartered in Beijing, the Group has over 200 securities business offices in China, and established subsidiaries or branches in places including Hong Kong SAR, New York, London, Singapore, Frankfurt, Tokyo, Ho Chi Minh City and Dubai. As an investment bank with Chinese roots and an international reach, we are committed to providing first-rate financial services to both our Chinese and global clients to help them achieve their goals.

By T N Ashok NEW YORK: With three weeks to go before America’s November 3 midterm elections, President Donald Trump faces a political test that could reshape the final two years of his presidency. Falling approval ratings, persistent economic anxiety, an increasingly unpopular war with Iran and uncertainty over Republican candidates have created a difficult […]

The article 68 Per Cent Of Americans Disapprove Trump, Says Latest Pew Research Survey appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).