First Abu Dhabi Bank (FAB) is preparing a major financing plan to support Indian investors living outside India. The UAE’s largest bank plans to provide up to $1.5 billion in funding for non-resident Indians using India’s foreign currency deposit program.
The move could strengthen financial ties between the UAE and India. It also comes as India works to attract more foreign currency and support its financial position.
FAB is expected to focus on customers in the Middle East, especially those living in the UAE. The bank is in discussions with Indian lenders that may provide support through standby letters of credit.
The planned financing will allow non-resident Indian customers to borrow money against their foreign currency deposits in India. Some Indian banks currently offer five-year foreign currency deposit rates of up to 7.75 percent.
Under the proposed plan, investors could use these deposits as security to access larger loans. A customer placing $1 million into a deposit program could receive financing of up to $9 million from FAB, increasing the total investment amount to $10 million.
The program is designed to attract more overseas Indian investment while giving customers access to additional financial options.
India has been looking at ways to increase foreign currency inflows and support its currency market. The country’s large overseas Indian community is viewed as an important source of financial support.
The UAE is one of the most important markets because millions of Indians live and work there. The country is also among the largest sources of money transfers to India.
The UAE plays a major role in India’s overseas financial activity. This has created new opportunities for banks that connect Indian investors with financial products.
Officials from the Reserve Bank of India and the Central Bank of the UAE have also discussed ways to improve cooperation. The discussions focused on reducing challenges that could slow investment flows.
If the plan moves forward, UAE banks could become more involved in helping overseas Indians invest in India’s foreign currency programs.
At the same time, Abu Dhabi is expanding its use of artificial intelligence across different sectors. AIQ, an energy technology company, is increasing its global presence with new pilot programs and business activities.
The company is exploring opportunities in countries such as Colombia, Kazakhstan, Oman, and Indonesia. It is also targeting markets in North America, Europe, and Australia.
The expansion reflects a wider trend in the UAE, where technology companies are moving from local projects to international markets.
UAE firms are increasingly using artificial intelligence to develop solutions for industries such as energy, healthcare, and infrastructure. The country is working to strengthen its position as a global technology center.
Abu Dhabi is also preparing to introduce an artificial intelligence platform for its courts. The first phase of the system is expected to begin later this year.
The platform will help support judicial work during different stages of legal cases. Human review and final approval will remain an important part of the process.
The goal is to improve case handling, reduce delays, and create more efficient court services. The system will be introduced gradually over an 18-month period.
The move shows Abu Dhabi’s plan to use advanced technology in public services while keeping human oversight in important decisions.
The UAE is also strengthening rules for its growing space industry. Space companies, satellite operators, and organizations involved in space activities have been given 90 days to complete official licensing requirements.
The UAE Space Agency said companies that do not follow the new rules may face regulatory action. The step is part of efforts to build a stronger and more organized commercial space sector.
The country has invested heavily in space research, technology development, and local skills to support future growth.
Meanwhile, investor confidence remains strong in the UAE property market. Sharjah recorded strong real estate activity during the first half of 2026, with UAE investors making up more than half of the total transaction value.
The market reached AED 29.5 billion in total property trading value during the period. Officials said growth was supported by updated rules, development projects, and continued investor interest.
FAB’s financing plan highlights the growing economic relationship between the UAE and India. Along with advances in technology, artificial intelligence, and space, the UAE continues to expand its role as a major global business hub.
