Now Reading: Dubai Chambers, NASSCOM sign MoU to boost Agentic AI
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Dubai Chambers, NASSCOM sign MoU to boost Agentic AI
Dubai Chambers and NASSCOM signed a memorandum of understanding in Bengaluru on Thursday to advance cooperation in Agentic AI and deeptech. The agreement aims to support Indian companies seeking to establish or expand operations in Dubai, and includes access to business events and joint programmes for investors and entrepreneurs from both markets.
A separate MoU was signed with the Federation of Karnataka Chambers of Commerce and Industry to strengthen trade and investment between Dubai and Karnataka. Dubai Chambers President Mohammad Ali Rashed Lootah led a delegation that held eight meetings with Indian business organisations and multinational companies.
Investments from Dubai to India totalled $9.3 billion across 147 projects between 2016 and 2025, creating 55,274 jobs, Dubai Chambers said. As of June 2026, 85,841 Indian companies were active members of the Dubai Chamber of Commerce, up 15% year-on-year.
Indian Opinion Analysis
Gulf News frames the MoU as a growth route for Indian Agentic AI firms, leading with the opportunity for Indian companies and quoting Lootah on Dubai's private-sector push. The Hindu leads with the investment figures and the delegation's meetings, providing more data on Indian business presence in Dubai. Both sources are neutral in tone, but Gulf News emphasises the Dubai opportunity while The Hindu contextualises it within the broader trade relationship. A careful reader should note the consistent message: Indian tech firms are welcome in Dubai, and both sides see mutual benefit in Agentic AI collaboration. Watch for the number of Indian companies that actually establish operations under this framework.
Coverage: 2 sources, 2 neutral
Sources (2): gulfnews.com (neutral report), thehindu.com (neutral report)
This story was synthesised by AI from the 2 sources linked above. Methodology and corrections.
Updated: this story now draws on 2 sources.
