UAE's ambassador to India, Abdulnasser Jamal Alshaali, on Thursday (Sep 4), vowed strong ties with India as both countries firm up ties in several areas. The oil-rich West Asian country, on the path to rapid modernisation, has emerged as a key partner of India, with a focus on several areas and high-level visits.&nbsp;Prime Minister Narendra Modi has visited the United Arab Emirates (UAE) around 6 times since 2014.&nbsp;The ambassador said, ties are always doing great, better&nbsp;things that are happening. We have interactions happening between officials of the 2 countries". He pointed out that work is being done in various sectors like defence, space, supercomputing, data centres, and genome sequencing, which will "always be the case between the 2 countries". He emphasises that both countries are "doing sports-related stuff, defence, space and other areas"From the UAE, there have been multiple visits by President Mohammed bin Zayed Al Nahyan. In 2016 and 2017, he visited as the Crown Prince of Abu Dhabi. In Sep 2023, he visited India as the President of the UAE to attend the G20 Leaders’ Summit. In November 2023, President MBZ participated in the 2nd Virtual Global South Summit.&nbsp;The UAE embassy celebrated "Milad", celebrating Prophet Muhammad’s birth which involves prayers, cultural events honouring his life and teachings. The ambassador pointed out that&nbsp;the celebrations at the embassy are "part of what we do. We celebrate Milad, we also celebrate Diwali, Iftar, Holi. Great cultural and spiritual connection. If you see the audience&nbsp;here, people are here to celebrate. This is how things should be and always should be".&nbsp;Not only cultural connections, but India and UAE have strong diaspora linkage. The Indian expatriate community of approximately 3.5 million is the largest ethnic community in the UAE, constituting roughly about 35 per cent of the country’s population. 15% of the diaspora is in the Emirate of Abu Dhabi and the rest in 6 Northern Emirates, including Dubai.&nbsp; &nbsp;

UAE Ambassador Abdulnasser Jamal Alshaali reaffirmed strong India-UAE ties, highlighting cooperation in defence, space, tech, and culture. With over 3.5 million Indians in the UAE, cultural and diaspora links thrive. High-level visits and shared festivals deepen this strategic partnership.

UAE's ambassador to India, Abdulnasser Jamal Alshaali, on Thursday (Sep 4), vowed strong ties with India as both countries firm up ties in several areas. The oil-rich West Asian country, on the path to rapid modernisation, has emerged as a key partner of India, with a focus on several areas and high-level visits. Prime Minister Narendra Modi has visited the United Arab Emirates (UAE) around 6 times since 2014. The ambassador said, ties are always doing great, better things that are happening. We have interactions happening between officials of the 2 countries". He pointed out that work is being done in various sectors like defence, space, supercomputing, data centres, and genome sequencing, which will "always be the case between the 2 countries". He emphasises that both countries are "doing sports-related stuff, defence, space and other areas" From the UAE, there have been multiple visits by President Mohammed bin Zayed Al Nahyan. In 2016 and 2017, he visited as the Crown Prince of Abu Dhabi. In Sep 2023, he visited India as the President of the UAE to attend the G20 Leaders’ Summit. In November 2023, President MBZ participated in the 2nd Virtual Global South Summit. The UAE embassy celebrated "Milad", celebrating Prophet Muhammad’s birth which involves prayers, cultural events honouring his life and teachings. The ambassador pointed out that the celebrations at the embassy are "part of what we do. We celebrate Milad, we also celebrate Diwali, Iftar, Holi. Great cultural and spiritual connection. If you see the audience here, people are here to celebrate. This is how things should be and always should be". Not only cultural connections, but India and UAE have strong diaspora linkage. The Indian expatriate community of approximately 3.5 million is the largest ethnic community in the UAE, constituting roughly about 35 per cent of the country’s population. 15% of the diaspora is in the Emirate of Abu Dhabi and the rest in 6 Northern Emirates, including Dubai.

UAE Ambassador Abdulnasser Jamal Alshaali reaffirmed strong India-UAE ties, highlighting cooperation in defence, space, tech, and culture. With over 3.5 million Indians in the UAE, cultural and diaspora links thrive. High-level visits and shared festivals deepen this strategic partnership.

UAE Ambassador Alshaali vows strong ties with India

Indian Prime Minister Narendra Modi's expansive geopolitical and geo-economic outreach appears to be yielding the benefits for the world's fifth biggest economy. The United Arab Emirates (UAE) is reportedly considering investing as much as $50 billion in India as part of its broader bet on India's rising economic potential.

According to a report in Bloomberg, the UAE could announce these investments into India next year, coinciding with the General Elections in which Prime Minister Narendra Modi is set to seek a third term in office.

Also read |&nbsp;<a href="https://www.wionews.com/trending/uae-emerges-as-social-media-capital-of-world-india-comes-19th-report-590554">UAE emerges as social media capital of world, India comes 19th: Report</a>

The term of India's Lok Sabha, the lower house of Indian parliament directly elected by the people, is set to end in May 2024.&nbsp;

The new set of investments would follow Prime Minister Narendra Modi's meetings with UAE President Sheikh Mohammed bin Zayed.&nbsp;

<h2>India-UAE ties</h2>

New Delhi and Abu Dhabi&nbsp;aim to increase the non-oil bilateral trade to $100 billion. A total of 2.8 million Indian citizens live in the UAE.&nbsp;

Modi's recent visit to Abu Dhabi marked his fifth trip to the West Asian nation since he took over as prime minister in 2014.&nbsp;

The last Indian premier to visit the UAE before him was Indira Gandhi in 1981.

<h2>What the new investment deals will be about</h2>

The Bloomberg report said that the deals being discussed include stakes in key Indian infrastructure projects and state-owned assets.&nbsp;

Some of the investments could involve sovereign wealth funds such as the Abu Dhabi Investment Authority, Mubadala Investment Co. and ADQ, the publication cited its sources as saying.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/exclusive-india-and-uae-have-strong-economic-partnership-says-uae-minister-al-sayegh-643570">Exclusive: India and UAE have strong economic partnership, says UAE Minister Al Sayegh</a>

India since long has been described as a prized economy in the United Arab Emirates due to a rising middle class seeking to diversify away from other investment destinations such as Europe.

The UAE’s plan is a further indicator of the government’s push to position itself as a country that avoids taking sides in a world increasingly split between Washington and Beijing. 
 
(With inputs from agencies)

Indian Prime Minister Narendra Modi's expansive geopolitical and geo-economic outreach appears to be yielding the benefits for the world's fifth biggest economy.

Indian Prime Minister Narendra Modi's expansive geopolitical and geo-economic outreach appears to be yielding the benefits for the world's fifth biggest economy. The United Arab Emirates (UAE) is reportedly considering investing as much as $50 billion in India as part of its broader bet on India's rising economic potential. According to a report in Bloomberg, the UAE could announce these investments into India next year, coinciding with the General Elections in which Prime Minister Narendra Modi is set to seek a third term in office. Also read | UAE emerges as social media capital of world, India comes 19th: Report The term of India's Lok Sabha, the lower house of Indian parliament directly elected by the people, is set to end in May 2024. The new set of investments would follow Prime Minister Narendra Modi's meetings with UAE President Sheikh Mohammed bin Zayed. India-UAE ties New Delhi and Abu Dhabi aim to increase the non-oil bilateral trade to $100 billion. A total of 2.8 million Indian citizens live in the UAE. Modi's recent visit to Abu Dhabi marked his fifth trip to the West Asian nation since he took over as prime minister in 2014. The last Indian premier to visit the UAE before him was Indira Gandhi in 1981. What the new investment deals will be about The Bloomberg report said that the deals being discussed include stakes in key Indian infrastructure projects and state-owned assets. Some of the investments could involve sovereign wealth funds such as the Abu Dhabi Investment Authority, Mubadala Investment Co. and ADQ, the publication cited its sources as saying. Also read | Exclusive: India and UAE have strong economic partnership, says UAE Minister Al Sayegh India since long has been described as a prized economy in the United Arab Emirates due to a rising middle class seeking to diversify away from other investment destinations such as Europe. The UAE’s plan is a further indicator of the government’s push to position itself as a country that avoids taking sides in a world increasingly split between Washington and Beijing. (With inputs from agencies)

UAE to bet on India's prized economy with up to $50bn in investments: Report

India External Affairs Minister S. Jaishankar is in Abu Dhabi where he met his counterpart. Both the leaders discussed the economic cooperation and issues of mutual and regional interest.

WION Dispatch: India Foreign Minister meets his UAE counterpart to discuss economic cooperation