Logistics (MENA) 
Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Climate (MENA) 
Share
Read Full Issue 
More trade agreements emerge from India-UAE Business Forum: Companies and authorities from the UAE and India signed a slew of agreements in a variety of areas including trade, logistics, and port management during the India-UAE Business Forum in Mumbai yesterday, Wam reported this week.
#1- AD Ports to spearhead virtual trade corridor: AD Ports Group inked an agreement with India’s ports, shipping and waterways ministry to boost cooperation through the establishment of a virtual trade corridor between the two countries, Zawya reports.
#2- Lulu Group expands Indian imports: UAE-based retailer Lulu Group signed an agreement with India’s Agricultural and Processed Food Export Development Authority to source and import Indian organic produce into the UAE.
#3- Logistics and trade: The UAE’s IHC-backed Rorix Holdings will work with Adani Ports to integrate advanced technologies into India’s infrastructure. Rorix also partnered with the Indian Bullion and Jewellers Association to expedite precious metals trading. Abu Dhabi-based International Resources Holding and Oil India also partnered to identify, acquire, and develop global assets, especially in India.
#4- The Abu Dhabi Chamber of Commerce and Industry and the Confederation of Indian Industry will collaborate to boost investments and economic growth. The agreement includes expanding the Abu Dhabi Chamber of Commerce and Industry’s Business Connect Platform.
#4- Zones: The UAE-India CEPA Council inked two agreements with the Ras Al Khaimah Economic Zones Authority (RAZK) and the Abu Dhabi Chamber of Commerce and Industry to expand connectivity and cooperation between business communities in the two countries.
REMEMBER- Dubai-based Global Jet Technic secured agreements with Indian airlines InterGlobe Aviation Services, Air India, and Akasa Air for aircraft maintenance services in the UAE, at the India-UAE Business Forum.
Piling on the agreements: Abu Dhabi National Oil Company (Adnoc) inked a 15-year LNG heads of agreement this week to supply 1 mn metric tonnes of LNG annually to state-owned IndianOil. The LNG will be sourced mainly from Adnoc’s Ruwais LNG project in Abu Dhabi, which is expected to go live in 2028, and more than double Adnoc’s LNG production capacity to 15 mn metric tons per annum from 6 mn tons.
