Page 263 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 4:27 PM Abu Dhabi Crown Prince attends UAE-India Business Forum - Virgin Radio Dubai
G42 introduced its Hindi Large Language Model (LLM), NANDA, to support the growth of India's AI ecosystem,
while the UAE-based International Resources Holding RSC LTD, a natural resources extractive company, and Oil
India Limited signed an agreement to collaborate on opportunities in the mining sector.
UAE-based aircraft maintenance organisation Global Jet Technic signed agreements with India's InterGlobe
Aviation Services, Air India and Akasa Air, to provide aircraft line maintenance services for their fleets at
international airports in the UAE.
Abu Dhabi Chamber of Commerce & Industry and the Confederation of Indian Industry entered a collaboration to
enhance investment opportunities for the private sector in both the UAE and India.
Rorix Holdings, a global trading and trade facilitation company, signed a cooperation agreement with Indian
logistics company Adani Ports and Special Economic Zone Limited to integrate advanced technologies into India’s
infrastructure. Rorix Holdings also partnered with the Indian Bullion and Jewellers Association to facilitate the
trading of precious metals.

Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, highlighted the forum's role in fostering
economic growth, noting a significant increase in bilateral non-oil trade.

The UAE-India CEPA, in effect since May 2022, has facilitated easier access to markets and reduced tariffs, driving
industrial growth and global competitiveness.

The forum, part of Sheikh Khaled’s official visit to India, is aimed at strengthening business ties and exploring new
areas of cooperation between the two nations.

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