Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, will begin an official visit to India on Sunday.
He will meet Indian Prime Minister Narendra Modi in New Delhi and discussions are set to focus on strengthening of ties across key economic sectors, state news agency Wam reported.
Sheikh Khaled, also chairman of the Abu Dhabi Executive Council, will be accompanied by a high-level delegation, including ministers, senior officials, business leaders, and prominent economic partners from the UAE.
The Crown Prince is also set to attend several events that highlight the strong bond between the two countries.
Earlier this week, Sheikh Khaled attended the inauguration of the first international campus of India’s prestigious Indian Institute of Technology in the UAE capital and highlighted how it would help to develop the skills of the nation's young talent.
Sheikh Khaled was on hand as a series of deals between the Abu Dhabi IIT and a number of the emirate's leading universities was made.
The partnership is in line with the UAE-India Comprehensive Economic Partnership Agreement (Cepa), which came into effect in February 2022 and seeks to bolster ties between the nations.
Mr Modi visited the UAE in February and inaugurated the landmark Baps Hindu Mandir in Abu Dhabi. The countries also signed a pact to expand bilateral investment co-operation in digital infrastructure.
While in January, President Sheikh Mohamed visited India and met Mr Modi while attending the Vibrant Gujarat business summit.
Historic ties
Wam reported that the visit "marks a major stride in the continuing development of UAE-India ties, which have become an international model of constructive co-operation, particularly in areas, such as economic and sustainable development, investment, trade, climate action, and promoting global stability and peace".
Wam said that UAE-India relations draw strength and momentum from a long history of bilateral meetings between the leaders of both nations, beginning in January 1975 when the UAE's Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, made a historic visit to India. He met the then-president of India, Fakhruddin Ali Ahmed, and the then-prime minister, Indira Gandhi. The visit saw the signing of the Cultural Agreement between the UAE and India, which serves as the primary framework for strengthening cultural ties between their peoples.
Sheikh Zayed also visited India in April 1992, during which the bilateral agreement to avoid double taxation on income and capital was signed between the two countries, Wam reported.
It said that the visit of President Sheikh Mohamed, who at the time was Crown Prince of Abu Dhabi, in January 2017, marked a turning point in bilateral relations, with the signing of the Cepa, along with 13 other agreements and memorandums of understanding in various fields.
TOURNAMENT INFO
Women’s World Twenty20 Qualifier
Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November
UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi
The specs
Engine: 2.0-litre turbo 4-cyl
Transmission: eight-speed auto
Power: 190bhp
Torque: 300Nm
Price: Dh169,900
On sale: now
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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Director: Rohit Shetty
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Cricket World Cup League 2
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Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Disclaimer
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Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
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Wicked
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Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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