Overview

• Piyush Goyal visited the UAE on September 18–19 and co-chaired the 13th India–UAE High Level Task Force on Investments with Sheikh Hamed bin Zayed Al Nahyan in Abu Dhabi.
• UAE investors signaled priority for data centres and broader technology plays, with additional interest in banking, start-ups and India’s logistics ecosystem.
• Plans for the 2.7 million sq ft Bharat Mart in Jebel Ali Free Zone advanced, with land allocated, construction expected by 2027 and more than 9,000 Indian companies expressing interest.
• Bilateral non-oil trade reached nearly $38 billion in the first half of 2025, up 34% year over year, supporting the goal of $100 billion in non-oil trade within three years under CEPA.
• Financial integration featured prominently, with UPI already live in the UAE, a bilateral investment treaty in force since August 2024, and ongoing talks on local-currency trade, payment links and central bank digital currency cooperation.