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The Gulf kingdom is pursuing ambitious aviation goals as part of Crown Prince Mohammed bin Salman's wide-ranging "Vision 2030" reform agenda, including more than tripling annual traffic to 330 million passengers by the end of the decade.
Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan today joined a select group of world leaders who have graced India's Republic Day celebrations in the last few decades.
A Strategic Cooperation Agreement along with more than a dozen pacts including one pertaining to the USD 75 billion investment fund, committed by the UAE, will be signed tomorrow after the talks between Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan.
India and the UAE today held their first strategic dialogue during which they finalised the Strategic Cooperation Agreement aimed at expanding bilateral cooperation to new key areas including energy, defence and security that will be signed during the visit of Crown Prince of Abu Dhabi next week.
Prime Minister Narendra Modi held wide-ranging talks with the UAE leadership, both in Abu Dhabi and Dubai, after which a raft of announcements were made to strengthen economic, defence and security cooperation between the two countries.
The two countries also agreed for strategic partnership in the energy sector, including through UAE's participation in petroleum sectors in India and tie-ups in the third countries.
Apart from key bilateral issues, the two leaders also discussed situation in the region, particularly in wake of the increasing threat of terrorism and extremism from various sources including the Islamic State militant group (ISIS).
Describing United Arab Emirates (UAE) as a "valued partner", he said the extent of the ties indicate the vibrant bilateral relations India being UAE's 2nd largest trading partner and UAE the 3rd largest trade partner for the country.
As the body count from the 7.9 magnitude quake in Nepal rose to more than 5,000 on Tuesday, aid had begun to arrive in the country, but disbursement in many areas was slow.
Saudi Arabia's King Abdullah has appointed Defence Minister Prince Salman as crown prince and heir apparent, ensuring a smooth succession at a time of tough challenges for the world's biggest oil exporter.
Bahrain's Crown Prince will decide whether the country's season-opening Formula One Grand Prix can take place next month, the sport's commercial supremo Bernie Ecclestone said on Sunday.
