Dubai: PM Narendra Modi, who reached the United Arab Emirates (UAE) on Saturday (July 15) on a one-day visit, received a warm welcome. In Abu Dhabi, Prime Minister Modi held a meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan. During this, many important agreements were signed like doing business in rupees and opening IIT in Abu Dhabi. In this meeting, emphasis was laid on further strengthening the multifaceted bilateral relations between India and the UAE. During the meeting, both the leaders agreed to start trading in local currencies, add faster payment system and open IIT-Delhi campus. With the opening of IIT campus in the Gulf country, Indian education will be internationalized and the country will benefit from it.