Browsing: space

UAE and India deepen trade, investment and strategic cooperation through high-level talks. The leaders examined cooperation under the UAE-India Comprehensive Economic Partnership Agreement, known as CEPA. They also touched upon the longstanding political, commercial, cultural, energy, and people-to-people connections shared by both nations. Opportunities to expand collaboration in key areas that have become central to their relationship were scrutinized, alongside ongoing engagement in economic and strategic fields of mutual interest. Sheikh Khaled represented the UAE at the BRICS Summit on behalf of President Sheikh Mohamed bin Zayed Al Nahyan. Modi acknowledged the UAE’s participation during India’s 2026 BRICS chairmanship. Both leaders agreed to continue pursuing joint priorities and cooperation through the group, also recalling Sheikh Mohamed’s visit to India in January 2026 and Modi’s visit to the UAE in May 2026. Focus on Investment and Strategic Fields Broadens Agenda The discussions highlighted a rise in new investment initiatives between the UAE and India. Leaders welcomed the announcement from International Holding Company regarding an $11.5 billion greenfield aluminium project in Odisha. India described it as its largest integrated aluminium investment to date. Additionally, they discussed L’Imad, the UAE’s newest sovereign wealth fund, and its role in supporting bilateral investments and economic cooperation in sectors identified by both governments. Opportunities in defence, space, nuclear energy, technology, and innovation were also reviewed. These sectors complement the existing energy, manufacturing, logistics, food products, electronics, and engineering industries

BISHKEK, KYRGYZSTAN / RankWire.AI / – Indian Prime Minister Narendra Modi and Russian President Vladimir Putin held discussions in Bishkek during the 26th Shanghai Cooperation Organisation Summit. Their August 31 meeting addressed topics including political relations, trade, defence, energy, space, mobility, and interpersonal contacts. The meeting marked their first in-person interaction of 2026 and continued a pattern of high-level exchanges between India and Russia, also touching on regional conflicts and multilateral cooperation. Modi and Putin discuss India-Russia ties during high-level talks in Bishkek. The most recent encounter between the two leaders occurred in New Delhi during the 23rd India-Russia Annual Summit in December 2025. During their latest discussions, they reviewed the development of the Special and Privileged Strategic Partnership that underpins bilateral relations. India and Russia continue to collaborate extensively in sectors such as energy, defence, technology, and space. Efforts to expand trade and investment have also been a focus, with both governments working on issues like logistics and payment systems that impact commercial ties. Both Modi and Putin expressed satisfaction with the results of the 27th India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation. This meeting took place in Moscow on August 24, just days before the Bishkek summit. The two countries aim to reach $100 billion in bilateral trade annually by 2030. According to Indian government data, bilateral trade

EU Unveils Scaleup Europe Fund with €5 Billion Goal in 2023 BRUSSELS, BELGIUM / RankWire.AI / – The European Union has launched the Scaleup Europe Fund, aiming to raise €5 billion to support key technology firms. The European Commission finalized the legal formalities for the fund on August 4, placing it within the European Innovation Council Fund. Managed by EQT, the fund will operate independently and make investments on market terms. The Commission anticipates initial investments in the upcoming weeks, with ongoing efforts to reach the €5 billion fundraising target.

Sheikh Mohamed and President Stubb discussed deepening UAE–Finland relations, expanding trade, and supporting peace and sustainability.

UAE Crown Prince leads delegation to Riyadh for strategic US-GCC summit focused on regional stability and cooperation.

Scientists analyzing Mars rover data found evidence of ancient waves and beaches, supporting the theory that a vast ocean once covered parts of the red planet.