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The India Blockchain Alliance (IBA) and TheBlock., have announced a strategic partnership to establish the UAE–India Web3 & AI Business Corridor, a cross-border initiative aimed at strengthening technology collaboration and accelerating innovation between India and the United Arab Emirates. The Corridor is designed to link India’s deep pool of technology talent and digital innovation capabilities with the UAE’s advanced regulatory environment, global market access, and investment infrastructure. By enabling structured cooperation across Web3, artificial intelligence, digital assets, cybersecurity, and other deep technologies, the initiative seeks to translate bilateral ties into sustained enterprise adoption, startup growth, and digital trade. Danosch Zahedi, CEO of TheBlock., described the initiative as a new model for international technology partnerships.

“The UAE–India Web3 & AI Business Corridor aims to be a catalyst for redefining how two innovation-driven nations collaborate. The UAE has built one of the world’s most advanced regulatory and investment ecosystems, and India brings unmatched talent depth and digital capability. Together, we are creating a cross-border innovation engine that will accelerate enterprise adoption, empower startups, and unlock new economic value for both countries.” The Corridor will serve a broad set of stakeholders, including governments, enterprises, startups, investors, and academic institutions. Planned activities include regulatory dialogue and sandbox frameworks, support for cross-border market entry, co-investment pathways, and initiatives to promote talent mobility through joint research and skills development. The economic impact is expected to be meaningful for both countries.

India stands to strengthen its global position in Web3 and AI, expand digital services exports, and create high-skilled jobs, while the UAE aims to reinforce its role as a global hub for advanced technologies, attract high-value enterprises and talent, and support economic diversification. The UAE–India Web3 & AI Business Corridor will be rolled out in phases, starting with joint working groups, ecosystem partnerships, and pilot programs, followed by cross-border accelerators, investment platforms, and interoperable technology standards. Over time, the partners expect it to emerge as a globally recognised model for cross-border digital economy collaboration.