Abu Dhabi’s Crown Prince lands in Delhi for 2-day maiden India visit; bilateral ties in energy, connectivity on cards

Abu Dhabi’s Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan arrived in Delhi on Sunday on a two-day maiden visit to India to further boost bilateral ties in a range of areas, including energy and connectivity

Written By Deepak Upadhyay
Published8 Sep 2024, 10:33 PM IST
Abu Dhabi's Crown Prince lands in Delhi for 2-day maiden India visit; bilateral ties in energy, connectivity on cards
Abu Dhabi’s Crown Prince lands in Delhi for 2-day maiden India visit; bilateral ties in energy, connectivity on cards(PTI)

Abu Dhabi’s Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan arrived in Delhi on Sunday on a two-day maiden visit to India to further boost bilateral ties in a range of areas, including energy and connectivity.

Commerce and Industry Minister Piyush Goyal received the Crown Prince at the Delhi airport following which he was accorded a ceremonial welcome, in reflection of the importance India has attached to the visit.

Taking to microblogging platform X (formerly known as Twitter), External Affairs Ministry spokesperson Randhir Jaiswal posted,” A new milestone in a historic relationship. His Highness Sheikh Khaled bin Zayed Al Nahyan arrived in Delhi on his first official visit to India."

Also Read | IC 814 hijack hero once spooked by ‘haunted’ UAE hotel, reveals new book

"Warmly received by @CimGOI @piyushgoyal and accorded a ceremonial welcome," he added.

According to media reports, Crown Prince Al Nahyan is accompanied by several ministers from the UAE government and a business delegation.

Crown Prince Al Nahyan is scheduled to hold talks with Prime Minister Narendra Modi tomorrow. PM Modi had invited the UAE as a special invitee for G20 during India's Presidency of the grouping.

Also Read | UAE visa amnesty program: Guidelines issued for Indian nationals, check details

It is important to note that after Prime Minister Modi's landmark visit to the UAE in August 2015, bilateral relations between the two countries were elevated to a Comprehensive Strategic Partnership.

Both countries signed a Comprehensive Economic Partnership Agreement (CEPA) in February 2022 and a Local Currency Settlement (LCS) System in July 2023 to promote the use of Indian Rupee and AED (United Arab Emirates Dirham) for cross-border transactions.

Also Read | India to amp up energy diplomacy; Minister Puri to visit US, UAE

The MEA said the visit of the Crown Prince will further reinforce strong ties between India and the United Arab Emirates (UAE) and open avenues for partnership in new and emerging areas.

The two countries are among each other's top trading partners with a bilateral trade of about USD 85 billion in 2022-23, according to official data. The UAE is also among the top four investors in India in terms of foreign direct investments in 2022-23.

 

 

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:8 Sep 2024, 10:33 PM IST
Business NewsNewsIndiaAbu Dhabi’s Crown Prince lands in Delhi for 2-day maiden India visit; bilateral ties in energy, connectivity on cards

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Steel share price

    162.95
    11:07 AM | 7 OCT 2024
    -3.8 (-2.28%)

    Bharat Electronics share price

    266.30
    11:07 AM | 7 OCT 2024
    -10.9 (-3.93%)

    Tata Power share price

    443.25
    11:07 AM | 7 OCT 2024
    -23.45 (-5.02%)

    Bharti Airtel share price

    1,654.55
    11:06 AM | 7 OCT 2024
    13.8 (0.84%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Coforge share price

    7,134.10
    10:55 AM | 7 OCT 2024
    10.95 (0.15%)

    Vijaya Diagnostic Centre share price

    984.40
    10:56 AM | 7 OCT 2024
    -4.55 (-0.46%)

    Dr. Lal Pathlabs share price

    3,405.80
    10:53 AM | 7 OCT 2024
    -88.45 (-2.53%)
    More from 52 Week High

    Jubilant Ingrevia share price

    723.20
    10:56 AM | 7 OCT 2024
    -71.05 (-8.95%)

    Bombay Burmah Trading Corporation share price

    2,520.05
    10:56 AM | 7 OCT 2024
    -245.2 (-8.87%)

    Triveni Engineering & Indus share price

    426.25
    10:56 AM | 7 OCT 2024
    -36.15 (-7.82%)

    Railtel Corporation Of India share price

    399.15
    10:56 AM | 7 OCT 2024
    -32.4 (-7.51%)
    More from Top Losers

    Astrazeneca Pharma India share price

    7,810.55
    10:56 AM | 7 OCT 2024
    378.05 (5.09%)

    Finolex Industries share price

    281.80
    10:56 AM | 7 OCT 2024
    10.15 (3.74%)

    Macrotech Developers share price

    1,207.00
    10:56 AM | 7 OCT 2024
    35.15 (3%)

    JK Lakshmi Cement share price

    798.25
    10:55 AM | 7 OCT 2024
    17.85 (2.29%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,675.00-10.00
      Chennai
      77,681.00-10.00
      Delhi
      77,833.00-10.00
      Kolkata
      77,685.00-10.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts