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According to the latest annual Global Entrepreneurship Monitor survey, the United Arab Emirates (UAE) has secured the top spot as the best location globally to initiate a new business for the third consecutive year. This achievement is attributed to the UAE’s government’s significant investment in cutting-edge technology, aiming to diversify its economy beyond oil. In […]
On Thursday, Dubai-based carrier Flydubai unveiled the launch of four new services, expanding its European network to 43 destinations across 21 countries. With the introduction of direct flights to EuroAirport Basel-Mulhouse-Freiburg starting from August 2, Flydubai becomes the first UAE national carrier to operate this route. This announcement also marks the airline’s debut in the […]
The virtual foundation stone laying ceremony of Bharat Mart in Dubai, a hybrid marketplace for Indian businesses, signifies a significant step forward in the bilateral relations between India and the UAE. Constructed by DP World, Bharat Mart aims to provide Indian micro, small, and medium enterprises with access to global markets, leveraging the strategic location […]
During their bilateral meeting in Dubai on Wednesday, UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum presented a personalized copy of his book “My Story” and a heartfelt message to Prime Minister Narendra Modi. PM Modi expressed confidence that future generations would draw inspiration from Sheikh Mohammed bin Rashid Al Maktoum’s work, praising his […]
Abu Dhabi, Feb 14 (PTI): Following the signing of the significant Comprehensive Economic Partnership Agreement, India and the United Arab Emirates (UAE) expressed optimism on Wednesday about elevating bilateral trade to USD 100 billion “well ahead of the target year of 2030.” In a joint statement after extensive discussions between Prime Minister Narendra Modi and […]
Alibaba Group Holding, the Chinese e-commerce behemoth, intends to bolster its presence in the Gulf region by forging partnerships with local companies in Saudi Arabia and the UAE. Michael Evans, President of Alibaba Group, highlighted the company’s successful collaborations with the Gulf Cooperation Council during a panel session at Dubai’s World Government Summit. He emphasized […]
In Abu Dhabi on Tuesday, Prime Minister Narendra Modi engaged in comprehensive discussions with UAE’s President Sheikh Mohamed bin Zayed Al Nahyan. They reviewed their strategic partnership, explored new areas of collaboration, and witnessed the signing of several agreements, notably a bilateral investment treaty. In a special gesture of warmth, President Mohamed bin Zayed personally […]
Prime Minister Narendra Modi and UAE President Sheikh Mohammed Bin Zayed Al Nahyan jointly unveiled the Unified Payments Services (UPI) RuPay card service in Abu Dhabi on Tuesday. A video circulating on social media captured the moment President Al Nahyan made a payment using a plastic card bearing his name, signifying the official launch of […]
The collaboration between India and the UAE in the logistics sector received a significant boost following the implementation of the Comprehensive Economic Partnership Agreement (CEPA) on May 1, 2022. This landmark agreement, aimed at eliminating or reducing tariffs on various goods, has opened up numerous trade opportunities, with bilateral trade potentially reaching US$ 100 billion […]
Expatriates in the UAE will see a 15% increase in remittance fees, as announced on Monday. The Foreign Exchange and Remittance Group (FERG), representing exchange houses in the UAE, disclosed that authorities have approved a 15% fee hike, equivalent to Dh2.5. This adjustment applies to remittance services conducted through physical branches of exchange houses. However, […]