UAE

An Enforcement Directorate team undertaking searches in a cyber fraud linked money laundering case was allegedly attacked here on Thursday, officials said. The agency has registered a police FIR about the incident that took place at a farmhouse that was raided by ED officials in the Bijwasan area of the national capital that falls under the Kapashera police station in southwest Delhi. An Enforcement Officer (EO) suffered minor injuries during the attack. He is continuing with the searches after he was given first aid, officials said. The probe pertains to a case against the PYYPL app. The alleged accused in the case, including Ashok Sharma and his brother, allegedly attacked the ED team. The situation is under control and searches are going on, the sources said. The search operations, according to sources, has been launched after the ED got inputs from the I4C and the Financial Intelligence Unit (FIU) about cyber crimes like phishing, QR code cheating, part time job fraud leading

Israel said Sunday that the body of an Israeli-Moldovan rabbi who went missing in the United Arab Emirates has been found after he was killed in what the government described as a heinous antisemitic terror incident. The statement from Prime Minister Benjamin Netanyahu's office said Israel will act with all means to seek justice with the criminals responsible for his death. Zvi Kogan went missing on Thursday, and there were suspicions he had been kidnapped. His disappearance comes as Iran has been threatening to retaliate against Israel after the two countries traded fire in October. The Emirati government gave no immediate acknowledgment that Kogan had been found dead. Kogan's wife, Rivky, is a US citizen who lived with him in the UAE. She's the niece of Rabbi Gavriel Holtzberg, who was killed in the 2008 Mumbai attacks. The Chabad Lubavitch movement, a prominent and highly observant branch of Orthodox Judaism, said Kogan was last seen in Dubai. A video circulating on social med

Speaking at the inauguration of the Symbiosis International (Deemed University) campus, Jaishankar emphasised how PM's first visit to UAE in 2015, marked the new beginning of bilateral ties

The hypermarket chain operator fell to as much as 1.99 dirhams ($0.54) per share in its Abu Dhabi trading debut, down 2.5 per cent from the offer price of 2.04 dirhams

COP29 intends to build on that consensus by putting funding by the Global North front and centre. But the prospects of convincing developed countries to loosen the purse-strings appear bleak

The state-backed entity will invest in data centers, startups and other infrastructure to develop AI, the people said, asking not to be identified discussing plans that aren't yet public

The United Arab Emirates opened its annual oil-and-gas summit on Monday with pledges to increase energy output even as global prices have fallen and world politics remain uncertain ahead of the US presidential election. The massive Abu Dhabi International Petroleum Exhibition and Conference comes after the UAE just last year hosted the United Nations COP28 climate talks. Those talks ended with a call by nearly 200 countries to move away from planet-warming fossil fuels the first time the conference made that crucial pledge. But the UAE as a whole still plans to increase its production of oil to 5 million barrels a day in the coming years as it pursues more cleaner energies at home. Meanwhile, UAE officials have made a point to dodge any questions about the US election while maintaining their close ties to Russia despite Moscow's war on Ukraine. Allow me to say that we in the United Arab Emirates will always choose partnership over polarisation, dialogue over division and peace ove

The continuous relief initiatives and campaigns implemented by the UAE aim to support displaced Palestinian families

Ninety-four countries and international organisations joined the two-day conference in Riyadh from 30-31 October

This comes after Israel Defence Forces (IDF) on Saturday announced that its military had conducted precise strikes on Iranian military targets

Moody's put the negative outlook on its Aa2 assessment, a rating France shares with South Korea and United Arab Emirates

The investment will also allow the Indian company to reduce the pledged shareholding on its airports business

The Rajasthan government has signed an initial agreement with the United Arab Emirates for an investment of Rs 3 lakh crore in the field of renewable energy in the state. Officials said that the signing of the Memorandum of Understanding (MoU) was done in the presence of Chief Minister Bhajanlal Sharma and Investment Minister of UAE Mohammad Hassan Al Suwaidi. This investment will be made for setting up solar, wind and hybrid projects of 60 GW capacity in the western districts of the state. Chief Minister Sharma said that the central government has set an ambitious target of producing 500 GW of solar energy in the country. To achieve this target, Rajasthan will have to install 250 GW solar plants. He said that this partnership with UAE will prove to be an important step in achieving this target. This project will bring the desired change in energy production, according to an official statement. UAE Investment Minister Suwaidi and Principal Secretary of the Industry Department Ajit

Lulu plans to offer more than 2.582 billion shares in the IPO, which will run from Oct. 28 to Nov. 5

With rising living costs and a housing crunch, is Dubai still the best option, or should you be thinking about other cities like Abu Dhabi or Sharjah

This is in continuation of the UAE stands with Lebanon campaign

These initiatives affirm the UAE's leading global position to provide relief and stand in solidarity with Lebanon

India and the UAE will set up a food corridor with an expected investment of USD 2 billion which will cater to the UAE market and beyond and help Indian farmers earn higher income and create more jobs, Union Minister Piyush Goyal said on Monday. Addressing a press conference on the 12th meeting of India-UAE High-Level Task Force on Investment here, Goyal, who is the Minister for Commerce and Industry, said that a small working group comprising central government, state governments involved and the UAE has also been set up to take forward the establishment of food corridor between the two countries on a mission mode basis. "... Another area which was discussed in great detail was the setting up of food parks in India. The background work is largely completed, (this is) another area which will help farmers with higher income, provide jobs in food processing to thousands if not lakhs of our youth and will also ensure the food security of UAE," Goyal said. The minister said that ...

India has eased certain conditions for UAE in the bilateral investment treaty by including portfolio investments and reduction in the local remedies exhaustion period from five years to three years in the pact, economic think tank GTRI said on Monday. The India-UAE Bilateral Investment Treaty (BIT) came into force on August 31 this year. The model BIT requires investors to attempt to resolve disputes through India's legal system for at least five years before seeking international arbitration. In contrast, the India-UAE BIT reduces this period to three years, giving investors quicker access to Investor-State Dispute Settlement (ISDS). "While this makes the treaty more investor-friendly, it also weakens India's ability to settle disputes domestically, increasing the likelihood of arbitration cases that could challenge India's regulatory decisions," the Global Trade Research Initiative (GTRI) said in a statement. It added that local remedies exhaustion means that investors must firs

It's the latest sign that Dubai is struggling to keep up with the soaring demand for housing after bankers, lawyers and other white-collar workers flocked to the emirate in recent years