- Sheikhs of Dubai opened the treasure!
- As much as 1.10 lakh crores will be invested in India
- Consensus on strengthening BRICS
India UAE Mega Deal : Economic relations between India and the United Arab Emirates have taken a new historic direction. In a bilateral meeting held between Prime Minister Narendra Modi and the Crown Prince of Dubai, the UAE has sealed an investment of Rs 1.10 lakh crore in India. So now there is a very big opportunity for India. (India UAE Mega Deal)
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Growing economic ties between India and the UAE
India is hosting the 18th BRICS Summit. Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi is also participating in the summit. Prime Minister Modi held a bilateral meeting with Crown Prince of Abu Dhabi Khalid bin Mohammed bin Zayed Al Nahyan at Hyderabad House in New Delhi on Saturday, September 12. The two leaders reviewed the growing economic and strategic ties between India and the United Arab Emirates UAE. After this meeting, it was reported that UAE International Holding Company will invest as much as 11.5 billion dollars i.e. approximately Rs 1 lakh crore in an integrated greenfield aluminum project in Odisha, India.
11.5 billion dollars investment
The meeting mainly focused on UAE's investment plans in India. Modi and Sheikh Khalid welcomed UAE International Holding Company's announcement to invest $11.5 billion in an integrated greenfield aluminum project in Odisha. The project is expected to be India's largest integrated aluminum investment and establish Odisha as a global aluminum manufacturing hub.
India-UAE ties have been transformed over the last few years. Now, we are raising our ambitions even higher.
Delighted to meet His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan.
Discussed taking our Strategic Partnership forward across defence, AI, space, critical… pic.twitter.com/omzRK4ccuP
— Narendra Modi (@narendramodi) September 12, 2026
Who owns UAE's International Holding Company?
Abu Dhabi-based business conglomerate Royal Group owns a majority stake in UAE's international holding company IHC. Royal Group is controlled by the ruling Al Nahyan family, which holds a 61% stake in the company.
The IHC is headed and overseen by Sheikh Tahnoon bin Zayed Al Nahyan, UAE National Security Adviser and brother of UAE President Sheikh Mohammed bin Zayed Al Nahyan, who also chairs the IHC. IHC is a publicly traded company listed on the Abu Dhabi Securities Exchange ADX, which means it has other institutional and public shareholders.
Consensus on strengthening BRICS
In a meeting between Crown Prince of Abu Dhabi Khalid bin Mohammed bin Zayed Al Nahyan and Prime Minister Modi at Hyderabad House in New Delhi, both leaders agreed that India and the United Arab Emirates will continue to work together to strengthen cooperation and advance their shared interests through the BRICS platform.
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