Gulf Winds: A $5 Billion Breeze for Indian Economy The recent visit by Prime Minister Narendra Modi to the United Arab Emirates (UAE) has yielded a slew of agreements and investments worth $5 billion, significantly boosting India's economic ties with its Gulf partner.
During his visit, PM Modi and UAE President Mohamed bin Zayed Al Nahyan sought to strengthen their energy, defense, shipping, and technology ties.
A notable aspect of these agreements is the $3 billion investment by Emirates NBD in RBL Bank.