UAE + India eye stronger cooperation in steel, minerals: India’s Steel Minister H.D. Kumaraswamy met UAE’s Economy Minister Abdulla Bin Touq Al Marri and Ras Al Khaimah Ruler Saqr Al Qasimi to discuss expanding trade and collaboration in the metals industry, according to an Indian government statement and an X post. Kumaraswamy proposed joint development of high-grade steel and aluminum with the support of UAE’s clean energy ecosystem, advanced infrastructure, and strategic trade location.

IN CONTEXT- India has a target to produce 300 mn tons of steel by 2030.

The details: Indian public sector entities such as Steel Authority of India Limited (SAIL), NMDC, and Metallurgical & Engineering Consultants (MECON) recently set up offices in Dubai to boost cooperation. SAIL is exploring long-term supply agreements to provide Indian steel to the UAE market, while MECON is looking to tap into oil and gas, steel plants, and infrastructure projects in the Gulf. NMDC, which launched a local office earlier this week is looking to develop mining supply chains with UAE companies.

UAE, Greece discuss expanding cooperation in tech, energy, and AI: President Sheikh Mohamed bin Zayed Al Nahyan and Greek Prime Minister Kyriakos Mitsotakis held a phone call to discuss advancing bilateral cooperation, focusing on economic cooperation, AI, renewable energy, food security, and sustainability, Wam reports.

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