India and UAE

October 5, 2023 8:04 PM

India and UAE Sign MoU to Boost Investment and Collaboration in Industry and Advanced Technologies

Abu Dhabi, UAE – October 5, 2023 - India and the United Arab Emirates have taken a significant step towards strengthening their partnership in sustainable industrial development and advanced technologies. A memorandum of understanding (MoU) was officially inked on Thursday in Abu Dhabi, solidifying the commitment to collaborative efforts in areas such as supply chain resilience, clean energy technology, healthcare, space, Industry 4.0, and industrial standards. The MoU was signed...

India and UAE Forge Historic Partnership for RuPay Domestic Card Scheme Implementation

In a significant stride towards bolstering digital payments and financial inclusion in the United Arab Emirates (UAE), NPCI International Payments Limited (NIPL), a subsidiary of the National Payments Corporation of India (NPCI), has inked a landmark agreement with Al Etihad Payments (AEP), an indirect subsidiary of the Central Bank of UAE. The strategic partnership paves the way for the implementation of the Domestic Card Scheme (DCS) in the UAE, powered by India's highly RuPay card networ...