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Indian diaspora celebrates 79th Independence Day in UAE

Flag-hoisting ceremonies, cultural performances mark the occasion

by Blitz India Media
August 17, 2025
in Dubai
0
Indian diaspora celebrates 79th Independence Day in UAE
Blitz Bureau

NEW DELHI:THE Indian community in the United Arab Emirates celebrated India’s 79th Independence Day with enthusiasm and patriotic fervour across multiple venues in the country. Flag-hoisting ceremonies, cultural performances, and official addresses marked the occasion at the Indian Embassy in Abu Dhabi, the Consulate General in Dubai, and various community centres throughout the Emirates, reported DD News.

Speaking at separate ceremonies in Dubai and Abu Dhabi, Consul General Satish Kumar Sivan and Ambassador Sunjay Sudhir emphasised that the India–UAE partnership has reached its strongest point in history, anchored by mutual trust, shared vision, and deep people-to-people connections that go beyond traditional diplomatic relations.

The Indian community in the UAE, numbering over 4.3 million according to diplomatic sources, has earned respect not through sheer numbers but through meaningful contributions to the Emirates’ nation-building efforts across sectors ranging from technology and healthcare to business and academia. Both officials thanked the UAE Government and the rulers of all Emirates for their generosity in providing space for the community to flourish and integrate seamlessly into Emirati society.

Ambassador Sudhir described recent bilateral achievements as testament to the partnership’s evolution, citing the establishment of an IIT Delhi campus in Abu Dhabi offering MTech, BTech, and PhD programmes; the upcoming IIM Ahmedabad campus in Dubai; and the first overseas CBSE office serving 105 UAE schools. The integration of India’s Unified Payments Interface (UPI) with the UAE’s AANI payment platform represents a significant step toward financial connectivity, while the inauguration of the BAPS Hindu Temple stands as a symbol of shared values of peace and tolerance.

Consul General Sivan highlighted that the strategic partnership focuses on critical areas including sustainability, green energy, digital transformation, and talent development, aligning with India’s ambitious goal of becoming a USD 30 trillion economy by 2047 and the UAE’s Vision 2071. This alignment reflects both nations’ commitment to future-oriented growth that addresses global challenges while creating opportunities for their populations.

Both envoys underscored India’s remarkable economic trajectory despite challenging global conditions. They noted that India’s rise stems not only from domestic developments but also from the achievements of Indians abroad, who excel in fields spanning technology, healthcare, business, and politics. The relationship has been further strengthened through high-level exchanges in the past decade, including visits by the Crown Princes of both Abu Dhabi and Dubai to India, demonstrating the deep personal commitment of leadership on both sides to expanding cooperation across multiple domains.

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New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

October 13, 2026

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