UAE & India sign MoU to expand cooperation in digital infrastructure sector

  • Date: 14-Feb-2024
  • Source: GCC Business News
  • Sector:Technology
  • Country:UAE
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UAE & India sign MoU to expand cooperation in digital infrastructure sector

The Ministry of Investment of the UAE and the Ministry of Electronics & Information Technology of the Republic of India have signed a Memorandum of Understanding (MoU) setting out a framework for the expansion of bilateral investment cooperation in the digital infrastructure sector, with a special emphasis on data center projects in India. The memorandum, […]The Ministry of Investment of the UAE and the Ministry of Electronics & Information Technology of the Republic of India have signed a Memorandum of Understanding (MoU) setting out a framework for the expansion of bilateral investment cooperation in the digital infrastructure sector, with a special emphasis on data center projects in India.

The memorandum, signed in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Excellency Shri Narendra Modi, Prime Minister of the Republic of India, marks a significant step towards the development of opportunities in digital infrastructure and artificial intelligence between both nations. This reflects the lead taken by the UAE and India in furthering regional and digital connectivity.

The MoU was signed by His Excellency Mohamed Hassan Alsuwaidi, Minister of Investment of the UAE, and His Excellency Dr. Subrahmanyam Jaishankar, Minister of External Affairs of the