A senior Arab executive, leading a 31-member group of investors from the United Arab Emirates (UAE) that participated in the first ever overseas investment summit in Srinagar, on Tuesday said J&K has potential for investment in different sectors and “such investments were mutually beneficial to India and the UAE, especially Kashmir”.
“I think there is a big opportunity to invest for the Gulf Cooperation Council (GCC) countries or the UAE, including our Indian friends living with us (in the UAE). Those who are visited (Srinagar) for the summit believe it’s beneficial for both countries, India and the UAE, especially Kashmir,” said Abdulla Mohammad Yousuf Abdulla Alshaibani, Chief Executive Officer of the Emirates International Investment Group and also a member of the Emirates Board of Business Sustainable Development.