Globally, spot gold was trading at $2,735.7 per ounce, down 0.07 per cent at 9.15 am UAE time
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There has been palpable excitement about the visit of His Highness Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, to India for nearly a week. UAE newspapers have been awash with front page stories, interviews and comments, editorials and op-ed page articles, with headlines such as: 'UAE, India set to reach new heights', 'Abu Dhabi to New Delhi was never this close' and 'UAE, India set for a smart partnership'. An article by an Emirati commentator was headlined: UAE, India have the power to shape the future".
The dramatic aspect of Mohammed bin Zayed's visit is that it is taking place just six months after the path-breaking tour of Prime Minister Narendra Modi to the UAE in August last year. In between, we have had the joint commission in Delhi at foreign minister level and the visit of the Indian finance minister, Arun Jaitley, in November.
UAE leaders wish to take their country's ties with India, enriched by centuries' old connectivities, to areas and levels that are relevant to the challenges and opportunities of contemporary times; in short, they seek a "comprehensive strategic partnership" that encompasses political, economic and cultural relations that are important to the interests of both countries and will bind them in an embrace of mutual understanding and support in the years to come.
And here's the full list of Agreements being signed during the course of the visit of the Crown Prince to India pic.twitter.com/dVHpS8X64iThe challenges are very clear: The Middle East today is engulfed in contention and conflict, where state and non-state forces have mobilized primeval animosities and scratched at subterranean fault lines to unleash unspeakable horrors upon their neighbours on the basis of intolerant interpretations of their beliefs or the revival of early disputes that divided their faith at its inception.
- Vikas Swarup (@MEAIndia) February 11, 2016
Globally, spot gold was trading at $2,735.7 per ounce, down 0.07 per cent at 9.15 am UAE time
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