Eight MoUs were signed between Emirati and Indian institutions at an event organized by Dubai Chambers in Mumbai, as part of an official visit by Dubai Crown Prince Sheikh Hamdan bin Mohammed, Wam reports.

Dubai Chambers signed MoUs with three prominent Indian industry organizations, including with the Confederation of Indian Industry (CII), the Federation of Indian Chambers of Commerce and Industry (FICCI), and the IMC Chamber of Commerce and Industry. The agreements will improve bilateral trade relations, networking prospects, and collaboration, including supporting Indian businesses looking to expand to Dubai.

DP World entered into an MoU with Rites, an Indian infrastructure consultancy and engineering firm, to explore collaboration in developing trade, logistics, and infrastructure projects, including on ports, multimodal logistics parks, freetrade zones, and rail connectivity.

DP World’s Drydocks World signed an MoU with India’s Cochin Shipyard to develop ship repair clusters in the Indian cities of Kochi and Vadinar. The partnership aims to create world-class maintenance and repair facilities and expand collaboration into areas such as offshore fabrication and marine engineering.

ALSO AGREED DURING THE VISIT-

  • Dubai Department of Economy and Tourism (DET) and Indian Institute of Management Ahmedabad (IIMA) will establish an IIMA campus in Dubai International Academic City, which is set to launch its MBA programme later this year;
  • Dubai Medical University (DMU) will strengthen academic and research collaboration with All India Institute of Medical Sciences (AIIMS);
  • Dubai Health will establish the UAE-India Friendship Hospital (UIFH) in Dubai, a not-for-profit initiative aimed at providing inclusive and accessible healthcare services.

OTHER DIPLOMACY NEWS-

The UAE and Ireland signed an agreement to establish a joint economic commission aimed at enhancing economic and technical cooperation between the two nations, Wam reports. This commission will serve as a key platform to strengthen trade relations and foster collaboration across sectors such as investment, energy efficiency, renewable energy, infrastructure development, supply chain resilience, food security, and healthcare technology.

The details: The commission will facilitate business delegation visits, share economic insights, encourage collaboration at international events, and address obstacles to economic cooperation. It will prioritize deepening collaboration in aviation, education, renewable energy, green technology, healthcare, and life sciences.

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