– Hamdan bin Mohammed and India’s Minister of Commerce and Business witness signing of 8 strategic agreements to strengthen cooperation throughout very important sectors
His Highness: The MoUs broaden and deepen the UAE-India strategic partnership according to our mutual dedication to creating resilient economies
“Collectively, we’re advancing a mannequin of worldwide cooperation that delivers actual impression and long-term advantages for the individuals of our two international locations”
– Dubai Chambers indicators three MoUs with main Indian business our bodies to spice up financial engagement
– DP World indicators two MoUs with Indian firms to reinforce provide chain and maritime collaboration
– DET and IIM Ahmedabad to associate to launch world-class enterprise college campus in Dubai
– Dubai Well being inks settlement to ascertain UAE-India Friendship Hospital
– Dubai Medical College indicators settlement with All India Institute of Medical Sciences to advance tutorial and analysis collaboration, protecting AI and digital transformation of medical schooling and healthcare
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE; and His Excellency Piyush Goyal, India’s Minister of Commerce and Business, right this moment witnessed the signing of eight Memorandums of Understanding (MoUs) geared toward deepening collaboration throughout key sectors together with infrastructure, healthcare, greater schooling, maritime providers, logistics, and personal sector engagement. The MoUs have been inked throughout a particular occasion organised by Dubai Chambers in Mumbai. The signing ceremony fashioned a part of His Highness Sheikh Hamdan bin Mohammed’s official go to to India.
Talking on the event, HH Sheikh Hamdan bin Mohammed stated: “India and the UAE are certain by a deep-rooted friendship and a shared dedication to shaping the longer term by means of innovation, alternative, and sustainable progress. Guided by the imaginative and prescient of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Excellency Narendra Modi, Prime Minister of India, our two nations proceed to construct on a robust basis of belief and collaboration.“
“These MoUs broaden and deepen our strategic partnership according to our mutual dedication to creating resilient economies, empowering communities, and advancing data, know-how, and human improvement. Collectively, we’re advancing a mannequin of worldwide cooperation that delivers actual impression and long-term advantages for the individuals of our two international locations.”
“We sit up for accelerating progress in sectors that matter most for our collective future, constructing on the sturdy momentum we now have achieved by means of frameworks just like the Complete Financial Partnership Settlement and the Bilateral Funding Treaty. The continued progress in commerce, funding, and institutional cooperation underscores the strategic depth of our relationship and the huge potential of our shared imaginative and prescient.”
Strengthening enterprise group ties
In a collection of agreements that underscore the very important function of enterprise communities in advancing collaboration and mutual progress, Dubai Chambers signed three Memorandums of Understanding (MoUs) with the Confederation of Indian Business (CII), the Federation of Indian Chambers of Commerce and Business (FICCI), and the IMC Chamber of Commerce and Business.
The MoUs have been signed by His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers; R. Mukundan, Vice President of CII; Anant Goenka, Senior Vice President of FICCI; Jyoti Vij, Director Common of FICCI; and Sunita Ramnathkar, Vice President of IMC.
The MoUs set up a framework for enhanced cooperation in a number of key areas. Dubai Chambers will assist Indian companies in establishing or increasing their presence in Dubai and supply strategic providers geared toward accelerating the funding course of. The three Indian entities will present related assist to Dubai-based firms exploring enterprise alternatives in India, together with facilitating enterprise matching providers and networking actions. This assist may even be prolonged in the course of the pre- and post-expansion phases.
The agreements additionally define collaboration in joint participation at commerce gala’s, funding missions, conferences, and exhibitions held in each markets. As well as, the events have dedicated to the common change of data and knowledge on bilateral commerce and enterprise developments, serving to to determine new alternatives and strengthen personal sector cooperation. The MoUs align with Dubai Chambers’ technique to advertise worldwide growth and construct bridges of cooperation with key world markets.
By enhancing institutional ties with India’s most influential business our bodies, the MoUs place the personal sector as essential drivers of the financial partnership, aligned with Dubai Chambers’ technique to advertise worldwide growth, competitiveness, and sustainable progress.
Future-ready provide chains
As a part of efforts to bolster UAE-India connectivity and future-proof world commerce infrastructure, DP World signed a Memorandum of Understanding (MoU) with RITES, a number one infrastructure, consultancy, and engineering agency below India’s Ministry of Railways. Signed by His Excellency Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, and Rahul Mithal, Chairman and Managing Director of RITES, the settlement goals to harness the experience of each organisations to develop resilient, tech-enabled provide chains and strengthen trendy logistics and maritime capabilities, aligned with the long-term financial visions of each nations.
The settlement goals to additional leverage the UAE-India Digital Commerce Hall (VTC), a digital platform launched in September 2024 and developed in collaboration with RITES, to streamline customs, logistics, and regulatory processes between the 2 international locations. The settlement opens the door to collaboration on tasks spanning multimodal logistics parks, free commerce zones, port connectivity, and rail freight options, supporting the 2 international locations’ shared purpose to construct diversified commerce routes that may stand up to world disruptions and drive long-term financial progress.
Drydocks World, a DP World firm, signed an MoU with Cochin Shipyard Restricted (CSL), a number one Indian shipbuilding and upkeep facility, below India’s Ministry of Ports, Delivery and Waterways. The settlement, signed by His Excellency Sultan Ahmed bin Sulayem and Madhu S Nair, Chairman and Managing Director of CSL, establishes a framework for the joint improvement of ship restore clusters in Kochi and Vadinar, in India, in addition to offshore fabrication, and collaborative marine engineering options. This partnership leverages the complementary strengths of each organisations and helps the objectives of Maritime India Imaginative and prescient 2030 and the Maritime Amrit Kaal Imaginative and prescient 2047. It goals to contribute to modernising India’s maritime infrastructure, increasing its ship restore business, and creating new employment alternatives.
Partnership for instructional excellence
The Dubai Division of Financial system and Tourism (DET) signed an MoU with the Indian Institute of Administration Ahmedabad (IIMA), considered one of Asia’s main enterprise colleges and India’s top-ranked enterprise colleges, to ascertain a world-class IIMA campus in Dubai, marking a major milestone in tutorial cooperation. The MoU was signed by His Excellency Helal Saeed Almarri, Director Common of the Dubai Division of Financial system and Tourism, and Bharat Bhasker, Director of IIMA. The settlement seeks to assist the objectives of the Dubai Financial Agenda D33 by creating enterprise management expertise and contributing to the event of a globally aggressive innovation ecosystem within the emirate.
The IIMA Dubai Campus is envisioned as a world centre of excellence for greater schooling, talent improvement, and innovation, serving the broader Center East, Africa, and Central Asia areas. The campus will probably be developed in two phases. Within the first part, IIMA will probably be allotted house inside the Dubai Worldwide Educational Metropolis (DIAC), the area’s premier greater schooling hub, offering world-class instructional assets designed to foster innovation and tutorial excellence. Beneath the settlement, IIMA goals to launch its One-Yr Full-Time MBA Programme in Dubai later this yr. Within the second part, IIMA will probably be allotted land for the institution of a everlasting campus, which is anticipated to turn into operational by 2029.
Advancing inclusive healthcare
In one other settlement that furthers a typical dedication to delivering inclusive healthcare, Dubai Well being signed an MoU to ascertain the UAE-India Friendship Hospital (UIFH), a brand new not-for-profit initiative geared toward offering inclusive and accessible healthcare, in Dubai. The MoU was signed by Dr. Amer Sharif, CEO of Dubai Well being, and Founding Trustees of the UIFH together with Faizal Kottikollon, Chairman of KEF Holdings and Chairman of the UAE India Enterprise Council – UAE Chapter (UIBC UC); Nilesh Ved, Chairman of Attire Group and Founding Member of UIBC UC; Siddharth Balachandran, Govt Chairman of Buimerc Company and Founding Member of UIBC UC; Tariq Chauhan, Vice Chairman of EFS Services and Founding Member of UIBC UC; and Ramesh S Ramakrishnan, Chairman of Transworld Group.
The UAE-India Friendship Hospital (UIFH) is a joint philanthropic initiative endorsed on the management stage by the governments of Dubai and India that goals to ship high-quality, inexpensive healthcare providers.
An eighth settlement was formalised between the Dubai Medical College (DMU) and the All India Institute of Medical Sciences (AIIMS), the nation’s top-ranked medical institute. The cooperation settlement, signed by His Excellency Eng. Yahya Saeed Lootah, Vice Chairman of the Board of DMU, and Ahamadulla Shariff, Head of the Division of Anatomy at AIIMS, goals to strengthen tutorial and analysis collaboration by selling direct cooperation between school, administrative employees, departments, and analysis centres of each establishments.
Key areas of collaboration embrace pupil and employees change programmes, joint analysis in precedence fields akin to infectious ailments, metabolic problems, and local weather change, and the event of worldwide well being initiatives. The settlement additionally offers a framework for the change of educational supplies and analysis publications. The settlement additionally covers cooperation with AIIMS in areas associated to AI analysis, improvement, and digital transformation in medical schooling and healthcare.
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