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UAE to Invest Another $25 Billion in India, Eyes Energy Bets

Summary by Times of India
The UAE is set to invest an additional $25 billion in India, strengthening energy cooperation between the nations. India and the UAE are exploring strategic petroleum reserves and subsea pipelines for gas transportation and storage. Bilateral trade between the countries has doubled to $100 billion, with a target of $200 billion by 2032. Local currency settlement in trade is on the rise, currently in double digits.

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<p style="text-align: justify;">UAE is planning a new investment of 25 billion dollars in India soon. At the same time, the two countries have set a target of bringing their mutual trade to 200 billion dollars by the year 2032, which will be double the current time. Union Minister Piyush Goyal gave this information during a press conference. He said this will further strengthen the economic ties of India and UAE.</p> <p style="text-align: justif…

·India
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Times of India broke the news in India on Monday, September 28, 2026.
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