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UAE pledges $5bn investment in India

Published on: May 15, 2026 4:00 PM

India and the United Arab Emirates signed major agreements covering defence, energy, and investment during a high-level visit to Abu Dhabi. The deals were concluded during Indian Prime Minister Narendra Modi’s official trip to the UAE. Both sides described the agreements as a step toward strengthening long-term strategic cooperation.

The two countries agreed to expand defence cooperation through new strategic frameworks. Officials also confirmed deeper collaboration in energy security, including oil reserves and liquefied petroleum gas supply. The agreements aim to improve stability in energy trade and enhance mutual strategic interests.

Read more: Shifting Sands: India–UAE Defence Pact

In the economic sector, the UAE announced a $5 billion investment plan in India. The funds will be directed toward infrastructure development and selected financial institutions. Key areas include RBL Bank and Saman Capital, according to official statements.

The investment is expected to support India’s infrastructure growth and financial sector expansion. It also reflects growing confidence in India’s economic outlook among Gulf investors. Both governments emphasized the importance of sustained financial cooperation.

Read more: India and UAE sign $3bn LNG deal, expand trade and defence ties

Overall, the agreements highlight expanding India-UAE relations across defence, energy, and investment. The visit reinforced their strategic partnership amid shifting global economic conditions. Both sides pledged continued coordination on regional stability and economic growth.

 

Filed Under: World Tagged With: defence cooperation India UAE, energy deals India UAE, India UAE agreements, Latest, Narendra Modi UAE visit, UAE investment India

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