Close this search box.

We are creating some awesome events for you. Kindly bear with us.

India inks Memorandum of Understanding with the UAE on Artificial Intelligence

Science in Public Service (SIPS) forum to be held from July to October 2018
Science in Public Service (SIPS) forum to be held from July to October 2018

Invest India and the UAE Minister for
Artificial Intelligence (AI) inked a Memorandum of Understanding (MoU) for
India – UAE Artificial Intelligence Bridge in the country’s capital, New Delhi.

In a press statement
released by the Ministry of Commerce and Industry, the partnership is expected
to generate an around USD $20 billion in economic benefits during the next
decade for both the countries. The MoU will bolster development across areas
like Blockchain, Artificial Intelligence and Analytics as data and processing
will increase innovation, encourage business growth and serve as the backbone
of more effective and efficient service delivery systems. By 2035 Artificial
Intelligence has the potential to add USD $957 billion to the Indian economy.

The MoU was signed by Mr Omar bin Sultan
Al Olama
, Minister of State for Artificial Intelligence, and Mr Deepak
Bagla, Managing Director and CEO of Invest India. The Minister of Commerce
& Industry and Civil Aviation, Mr Suresh
Prabhu and Mr H.E. Ahmad Sultan Al
Falahi, the Minister Plenipotentiary – Commercial Attaché were present at the

Invest India
is the National Investment Promotion and Facilitation Agency of India and acts
as the first point of reference for investors in India. It is a non-profit venture established by the Department of Industrial
Policy and Promotion, under the Ministry of Commerce and Industries, Government
of India.

According to their official website,
Invest India is transforming the country’s investment climate by simplifying
the business environment for its investors. Its experts, specialising across different countries, Indian
states and sectors, handhold investors through their investment lifecycle ⎯ from pre-investment to after-care.

To benefit from advancements in technological
innovation, the release said that the UAE-India collaboration plans to assemble
a UAE-India Working Group (TWG). The TWG is between the UAE Ministry for
Artificial Intelligence, Invest India and Startup India
Indian Prime Minister Narendra Modi’s initiative to create a platform for
start-up enterprises to be recognised and

The TWG is set to meet once a year with the mandate
to increase investment in Artificial Intelligence start-ups and research
activities in collaboration with the private sector.

Sheikh Mohammed bin Rashid Al Maktoum,
Vice-President and Prime Minister of the UAE said, “Artificial Intelligence
will lead human development in the coming years. The UAE and India will be at
the forefront of the change to come."

Apart from business, the release said that India and
UAE have other ties- Indians make-up the largest expat community in the UAE at
27% and the UAE is India’s third largest trading partner.

Mr Deepak Bangla said, “AI is going to play a critical role in our lives
and this partnership will provide solutions not only for the citizens of India
and the UAE but for the entire world.”

He added, “India is the world’s fastest expanding
market opportunity, with its talent pool of human capital, well acknowledged
for innovation, while the UAE is a hub of cutting-edge
technologies this makes them natural partners in the field of AI."

The release said that the UAE has invested over USD $5.3
billion in India and infrastructure is one of the top 5 focus sections of
UAE-India bilateral trade. The UAE has committed USD $75 billion towards
infrastructure development in India.

The Government of India is launching multiple
initiatives to create an environment for digital growth through the
implementation of Artificial Intelligence where its potential can be realised in the areas of agriculture supply, health care, and
disaster management services.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit