The UAE ambassador said that the two governments were "finalising the minute details of this refinery project".
The sources said additional supplies from ADNOC would compensate for lower imports from Saudi Arabia, which has lowered refinery runs to meet its oil exports commitment after attacks on its oil facilities.
The Gulf countries no longer see their dealings with India or Pakistan as a zero sum game. The young leaders of these kingdoms and emirates are pragmatic enough to recognise that an emerging India is a far more an attractive partner than a moribund Pakistan.
The CIA's failure to adapt to the UAE's growing military and political ambitions amounts to a dereliction of duty, said a fourth former CIA official.
The UAE has backed India on its decision to revoke provisions of Article 370 in Jammu and Kashmir and bifurcate the state into two union territories.
The Prime Minister believes that his third visit to the UAE, in the last four years, reflects the desire and will of the two countries to sustain the momentum achieved in the bilateral relationship.
The UAE in April had announced to confer the country's highest award on PM Modi.
Welcoming Modi, the crown prince expressed gratitude to his "brother" for visiting "his second home".
RuPay card scheme was launched in 2012 to fulfill the Reserve Bank of India's vision to have a domestic, open and multilateral system of payments.
The RuPay card is a first-of-its-kind Indian domestic Debit and Credit Card payment network, with acceptance at ATMs, POS devices and e-commerce websites.
India's Ambassador to the UAE, Navdeep Singh Suri on August 19 tweeted that the Indian community was looking forward to the visit of Prime Minister Modi.
PM Modi will be in Bahrain from August 24-25, the first-ever visit by an Indian prime minister there
The incident comes months after the Consulate General of India in Dubai asked job seekers to stay away from fraudulent job advertisements luring Indians to the UAE.
United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed, who held talks with External Affairs Minister S Jaishankar on July 8, called on the Prime Minister and conveyed that India-UAE relations have never been better.
Sheikh Abdullah's visit comes at a time the issue of energy security is high on India's agenda due to the situation arising out of US sanctions on importing oil from Iran.
He has lived in UAE for almost 45 years and has spread his retail and hospitality empire around the world
The Abu Dhabi National Oil Company or ADNOC is the state-owned oil company of the United Arab Emirates.
The "Gold Card" programme unveiled by UAE Prime Minister Sheikh Mohammed bin Rashid Al-Maktoum is open to investors and "exceptional talents" such as doctors, engineers, scientists, students and artists.
The 20,000 square-foot apartment situated on a prime plot of the Palm Jumeirah entrance One Palm offers stunning views of Dubai Marina's skyline and the Arabian Gulf.
The UK emerged as the top most country to attract Indian FDI with 52 projects, ahead of the US (51) and the UAE (32), in 2018, said London & Partners (L&P), the Mayor of London's promotional agency, in the new analysis released here on Friday.
President of the UAE Sheikh Khalifa bin Zayed Al Nahyan conferred the Prime Minister Modi with the award, the highest decoration awarded to kings, presidents and heads of states.
The MAX has been grounded globally since last month following two fatal crashes in five months involving the same aircraft type, killing 346 people.
The oil facility was part of the USD 6.2 billion that the United Arab Emirates announced to give to Pakistan in December to help the country overcome the serious economic woes.
Saudi Minister of State for Foreign Affairs Adel bin Ahmed Al-Jubeir also welcomed India at the OIC meeting as the guest of honour and discussed bilateral issues with Swaraj.
Swaraj will attend the inaugural plenary of the two-day meeting on Friday. It is for the first time that India has been invited to a meeting of the OIC, an influential grouping of 57 Islamic countries, as the guest of honour.