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Tag: Abu Dhabi

  • Abu Dhabi Investment Authority Begins Operations In GIFT City | Economy News

    New Delhi: Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, on Monday commenced its India operations after obtaining the necessary regulatory approvals and opening its office in the GIFT City in Gujarat.

    The office is expected to drive further intensification of ADIA’s investment activities in the country, it was announced during the 12th meeting of the India-UAE high-level joint task force on investments in Mumbai co-chaired by Union Commerce Minister Piyush Goyal and His Highness. Sheikh Hamed bin Zayed Al Nahyan, Managing Director of Abu Dhabi Investment Authority.

    Subsequently, ADIA announced setting up an Alternative Investment Fund in GIFT City to hold all its India-related investments. Since its establishment, GIFT City in Ahmedabad is fast emerging as a leading global financial and technology hub, providing a thriving financial ecosystem to support and expand businesses.

    During the visit of Prime Minister Narendra Modi to Abu Dhabi in July this year, it was announced that ADIA would establish a presence in GIFT City. Meanwhile, the iconic India Pavilion at the Expo City in Dubai will host the first overseas campus of Indian Institute of Foreign Trade (IIFT). IIFT is likely to move into its premises by early 2025 with short and medium-term training programmes, research and eventually with the launch of its flagship programme, MBA (International Business).

    The campus will be a boon for the 3.5 million-strong Indian community residing in the UAE. It will also open doorways for the overseas expansion and recognition of the IIFT brand. Commerce Minister said that IIFT’s new campus at Dubai would be a landmark decision in transforming it into a world-class institute in real sense.

    “Moreover, with IIFT’s expertise in the area of ​​foreign trade, it would provide opportunity for students, professionals and government officials not only from the UAE but from other parts of the world too for training and research in the area of ​​international trade,” Goyal. added. The UAE continues to be the largest Arab investor in India, with investments amounting to around $3 billion in FY 2023-24.

  • Bhavish Aggarwal Visits Hindu Temple In Abu Dhabi, Shares Pics; Says ‘India Will Rise As A Vishwaguru’ | Companies News

    New Delhi: Bhavish Aggarwal, the founder and CEO of Ola, recently shared pictures from his visit to the renowned Hindu Temple in the United Arab Emirates (UAE). Aggarwal captured moments from the grand celebration at the Bochasanwasi Shri Akshar Purushottam Swaminarayan Sanstha (BAPS) temple, fondly referred to as the “Lotus of the Desert”.

    Celebrating Spirituality

    Describing the temple as a “true symbol of spirituality”, Aggarwal expressed his humility and honor at being part of the festivities. (Also Read: Nothing CEO Carl Pie Became ‘Carl Bhai’ In Twitter Bio, But Why So?)

    Visiting and speaking at the @BAPS Hindu Mandir in Abu Dhabi was a life memory for me.

    It is such a historic moment of two civilizations coming together and thankful to be there to witness it pic.twitter.com/rfHh8x4eJ3 — Bhavish Aggarwal (@bhash) February 18, 2024

    He highlighted the temple’s significance as a beacon of peace and harmony, reflecting on India’s ancient traditions that emphasize oneness with the universe and divine presence in all aspects of life. (Also Read: Google Offers 300% Salary Hike To Retain Employees; Read More)

    Attire And Interactions

    During his visit, Aggarwal donned traditional attire and posed in front of the temple, capturing the essence of the spiritual ambiance. He also had the opportunity to interact with the temple priests, further immersing himself in the spiritual experience.

    Humbled and honored to be a part of the grand celebration at the Lotus of the Desert, the @BAPS Hindu Temple in Abu Dhabi. It is a true symbol of spirituality and universal ethos of peace and harmony.

    Our ancient Indian traditions have always understood that you do not just… pic.twitter.com/ZmZYOo5or6

    — Bhavish Aggarwal (@bhash) February 17, 2024 Vision for India and World Harmony

    In his reflections, Aggarwal expressed confidence in India’s potential to emerge as a global leader in promoting inclusivity and harmonious development.

    He underlined the importance of young Indians embracing their dharma (duty) to contribute to a world marked by unity and cooperation.

    Historic Moment

    Aggarwal also shared his appreciation for speaking at the BAPS Hindu Mandir, describing it as a significant moment of cultural exchange and historical significance.

    The temple, inaugurated by Prime Minister Narendra Modi on February 15, represents a milestone in the harmonious coexistence of different civilizations.

    About BAPS Mandir

    The BAPS Mandir stands as the first traditional Hindu stone temple in the UAE, occupying a sprawling 27-acre area in Abu Dhabi’s Abu Mureikhah district.

    Its inauguration ceremony, celebrated as the “Festival of Harmony”, marks a momentous occasion in promoting cultural understanding and spiritual unity.

  • PM Narendra Modi In UAE Live Updates: Your Energy Is Resounding, Says PM Modi At ‘Ahlan Modi’ Event |

    ABU DHABI: Prime Minister Narendra Modi is currently addressing the much-anticipated ‘Ahlan Modi’ event in Abu Dhabi. This event is possibly one of the largest diaspora gatherings, with a staggering 65,000 individuals registered to attend it at the Zayed Sports City Stadium in Abu Dhabi. According to the organizers of the event, the event will feature the participation of 150 Indian community groups from various regions of India. Additionally, approximately 700 local performers will showcase a vibrant “cultural extravaganza” for the audience. The gathering serves as a tribute to the Indian ethos of “Vasudhaiva Kutumbakam,” which espouses the belief in global brotherhood and inclusivity.

    Here Are The Live Updates On PM Modi’s UAE Visit:

    -“I am fortunate that the UAE has awarded me with its highest civilian award – The Order of Zayed. This honor is not just mine but that of the crores of Indians, of all of you,” Says PM

    -In 2015, when I presented to him (Sheikh Mohamed bin Zayed) the proposal to build a temple in Abu Dhabi on behalf of all of you, he immediately said yes to it…now the time has come to inaugurate this grand ( BAPS temple.” PM Modi

    -This is my 7th visit to the UAE in the last 10 years. Brother Sheikh Mohamed bin Zayed also came to receive me at the airport today…this makes him special. I am happy that we got the opportunity to welcome him four times in India. A few days ago he came to Gujarat and lakhs of people gathered on the streets to thank him: PM

    -I remember my first visit (to the UAE) in 2015 when it had been only some time since I came to the Centre. It was the first visit of an Indian PM to the UAE, after three decades. The world of diplomacy was new to me. At that time, I was welcomed at the airport by the then Crown Prince and today’s President along with his five brothers. That warmth, the shine in their eyes – I can never forget that…That welcome was not for me alone but for the 140 crore Indians: PM

    -“Modi-Modi” slogan is being raised by crowd at the ‘Ahlan Modi’ event in Abu Dhabi, UAE


    #WATCH | “Modi-Modi” slogan being raised by people at the ‘Ahlan Modi’ event in Abu Dhabi, UAE pic.twitter.com/O0fxcjOe54 — ANI (@ANI) February 13, 2024


    -Your energy is resounding, and I am overwhelmed by the love shown by all of you. I want to thank each and every one of you: PM Modi

    -I have come to meet my family members. I have brought the fragrance of the soil where you were born and have brought the message of 140 crore people. The message is that Bharat is proud of you: PM tells the Indian diaspora

    -Every breath in this stadium is saying India-UAE ‘Dosti Zindabad’ (Long live India-UAE friendship),” PM.

    -Today you have created history in Abu Dhabi. You all have come from various parts of the world but everyone’s heart is connected: PM

    -India’s National anthem is being played ahead of the Ahlan Modi event at Zayed Sports City Stadium

    -UK MP Priti Patel also joins ‘Ahlan Modi’ event in Abu Dhabi, calls it ”a celebration of diaspora”

    -Incredibly honored by the warm welcome from the Indian Community in Abu Dhabi today. The vibrancy of our diaspora never ceases to amaze me: PM Modi after meeting members of the Indian diaspora in Abu Dhabi

    -PM Narendra Modi arrives at the Zayed Sports Stadium in Abu Dhabi, UAE for the ‘Ahlan Modi’ event. The PM will address the Indian diaspora here, shortly


    #WATCH | PM Narendra Modi arrives at the Zayed Sports Stadium in Abu Dhabi, UAE for the ‘Ahlan Modi’ event.

    PM will address the Indian diaspora here, shortly. pic.twitter.com/tASLXlNnNi — ANI (@ANI) February 13, 2024


    -A huge crowd awaits PM Modi at Zayed Sports Stadium in Abu Dhabi for the ‘Ahlan Modi’ event


    #AhlanModi event: PM Narendra Modi to briefly address the Indian diaspora at Zayed Sports Stadium in Abu Dhabi, UAE pic.twitter.com/2YAqu4laEX — ANI (@ANI) February 13, 2024


    Abdulnasser Alshaali, the UAE’s Ambassador to India, emphasized the significance of PM Modi’s visit, describing it as “very important” for fostering stronger bilateral ties between the two nations. During his visit, Prime Minister Modi is slated to engage in discussions with President Sheikh Mohamed bin Zayed Al Nahyan, focusing on avenues to bolster and broaden their strategic partnership.

    Inauguration of BAPS Hindu Temple

    Adding to the significance of the visit, Prime Minister Modi will inaugurate the first Hindu temple, Bochasanwasi Shri Akshar Purushottam Swaminarayan Sanstha (BAPS) Mandit, in Abu Dhabi on Wednesday. This inauguration underscores the growing cultural exchanges and religious tolerance between the two countries.

    Shortly after his arrival here, Prime Minister Narendra Modi thanked UAE President Mohammed bin Zayed Al Nahyan for the BAPS Hindu Temple that will be inaugurated tomorrow and said that it reflects his love and respect for India. The two leaders also held a bilateral meeting in Abu Dhabi, during which MoUs were exchanged. He also thanked the UAE President for accepting his invitation to be the Chief Guest at the Vibrant Gujarat Summit in January.

    “Brother, firstly, I would like to express my heartfelt gratitude to you for your warm welcome…Whenever I come to UAE, I have always felt as if I have come to my own home, to meet with the members of my own family,” PM Modi said during the bilateral meeting.

    Expressing gratitude for the BAPS Hindu Mandir in Abu Dhabi, PM Modi said that this couldn’t have been possible without his love and support. “I consider the construction of BAPS temple here as a reflection of your love for India and your vision for the bright future of UAE. This couldn’t have been possible without your support. During our first meeting, I had just put up a simple request for you to look into it and you took a prompt decision, asking me to ‘Put your finger on any piece of land, you will get it’. Perhaps, this level of love and trust showcases the unique relationship,” PM Modi said. .

    Earlier, upon his arrival at the airport, PM Modi was welcomed by UAE President Al Nahyan. The two leaders shook hands and hugged each other. “Immensely grateful to my brother, HH @MohamedBinZayed, for taking the time to receive me at Abu Dhabi airport. I look forward to a productive visit which will further strengthen the friendship between India and UAE,” said PM Modi in a post on .

    PM Modi will be in the UAE from February 13-14 after which he will proceed to Doha.