Modi, Abu Dhabi Crown Prince discuss additional UAE sovereign fund investments in India

PM Narendra Modi and Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi on Thursday welcomed three initiatives including in AI, GIFT city and health sector to give further boost to the strategic partnership.

Both leaders encouraged UAE Sovereign Wealth Funds to continue to invest in the Indian economy. In this light, both leaders acknowledged the potential of L’Imad, as the newest sovereign fund, to strengthen this partnership for mutual benefit, an official said.

Zayed Al Nahyan was on an official visit to India from 18-19 February, to participate in the AI Impact Summit held in New Delhi on 19 February 2026. This is his second official visit to India, following his earlier visit in September 2024.


The two leaders also welcomed the following initiatives, which set the stage for enhancing bilateral cooperation in traditional as well as new areas of cooperation -- Finalisation of the Memorandum of Understanding between the Ministry of Health and Family Welfare of India and the Ministry of Health and Prevention of the United Arab Emirates on Cooperation in the Field of Health and Medicine: The MoU will promote joint efforts in professional exchanges, institutional collaboration, research, digital health, pharmaceuticals and development of modern technologies in the health sector beneficial to the people of both the countries.

Finalisation of Term Sheet between Centre for Development of Advanced Computing, and G42 and Mohamed Bin Zayed University of AI for deployment of supercomputer cluster in India: The finalisation of the Term sheet commences implementation of deployment of supercomputer cluster in India announced jointly by Prime Minister Modi and UAE President Sheikh Mohamed Bin Zayed, during the latter’s visit to India on 19 January.

The supercomputer cluster will be part of the AI India Mission, making it accessible to both public and private sectors for research, application development, and commercial use, an official said and Setting up of office of Abu Dhabi National Insurance Company in the GIFT City in Gujarat.

The leaders acknowledged the tremendous progress achieved in bilateral relations in a wide range of sectors such as defense and security, trade and investment, education and cultural cooperation.

They also discussed collaborative opportunities between India and the UAE in strategic sectors such as space, nuclear energy, technology and innovation.