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In 2008–09, India emerged as the largest trade partner of the UAE with bilateral trade between the two countries exceeding $44.5 billion. [14] In 2018–19, India-UAE bilateral trade grew by over 20% and India's exports to UAE grew by 7% whereas the UAE's exports to India surged by 37% to reach US$29.78 billion. [15] [16]
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
Emirates is a subsidiary of The Emirates Group, and a major airline in the Middle East. It is the national airline of Dubai, United Arab Emirates and operates over 1,990 passenger flights per week, [ 39] from its hub at Dubai International Airport, to over 101 destinations in 61 countries across 6 continents. [ 40]
Of the 3.4 million migrants, 1 million are from Kerala and 450,000 from Tamil Nadu, form the majority in Indian community living in UAE. By 1999, the population of Indian migrants in the UAE, which stood at 170,000 in 1975, was at 750,000. [ 9] The estimated population of Indians in the UAE as of 2009 is near 2 million.
The UAE has also introduced a new Green Visa for people with bachelors degrees who earn Dh15,000 (4,084 USD) or more per month. The five-year visa policy would offer greater stability and flexibility to middle-income workers in the education sector and attract new talent to the Emirates.
As of 2003, there are markets in over 90 countries where films from India are screened. [3] During the first decade of the 21st century, there was a steady rise in the ticket price, a tripling in the number of theatres and an increase in the number of prints of a film being released, which led to a large increase in the box office collections. [4]
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