UAE commits $5 billion investment in India as Modi meets Gulf nation president in Abu Dhabi

UAE F-16 jets escorted Modi’s aircraft to the airport.

BRICS foreign ministers' meeting ended without a joint statement amid differences between Abu Dhabi and Tehran over the West Asia conflict; Iran blamed Abu Dhabi for the impasse.

An MoU was signed to facilitate collaboration for setting up a supercomputing cluster as part of AI Mission India.

Two MoUs were signed for ship repair cooperation, seeking to enhance capabilities of Indian maritime workforce and position India as a hub for skilled shipbuilding and ship repair professionals.

A framework for strategic defence partnership was signed with focus on defence industrial collaboration, innovation and advanced technology, training and exercises.

One of the agreements will allow the Abu Dhabi National Oil Company (ADNOC) to potentially ramp up its crude storage in India to 30 million barrels.

An MoU was signed to facilitate a long-term LPG sale and purchase agreement between India and the UAE.

Leaders announced investments totaling $5 billion from UAE entities into India, signaling sustained commitment to bilateral growth. Breakdown referenced: $3 billion by Emirates NBD in RBL Bank, $1 billion by ADIA with NIIF in priority infrastructure projects, and $1 billion by International Holding Company in Sammaan Capital.

Prime Minister Narendra Modi held bilateral talks with President Mohamed bin Zayed Al Nahyan during a brief stopover in Abu Dhabi on his way to Europe.

Reciprocity gesture as Modi visited India in January; the UAE president Mohamed bin Zayed Al Nahyan reportedly received the Prime Minister at the airport.