Page 2 - United Arab Emirates

US, UAE, Singapore, South Africa give a fillip to India's exports in Feb

After growth in merchandise exports remained in negative territory for most of 2023, outbound shipments have turned positive

Airtel Africa mulls IPO of its mobile money unit eyes $4 bn in valuation

The firm hasn't decided where to list the unit, though executives are considering bourses in the United Arab Emirates, London and Europe among potential venues, they said

Mixed signals from Pakistan

India can afford to bide its time in normalising relations

WTO to open biennial meeting in United Arab Emirates as challenges loom

The World Trade Organisation will open its biennial meeting Monday in the United Arab Emirates as the bloc faces pressure from the United States and other nations ahead of a year of consequential elections around the globe. The WTO's 164 member nations will discuss a deal to ban subsidies that contribute to overfishing, extending a pause on taxes on digital media like movies and video games, and agricultural issues. But headwinds remain for the organisation and the world's economy, particularly as the recovery from the coronavirus pandemic remains uneven across nations. Meanwhile, there are more than 50 elections affecting half the planet's population planned for this year perhaps none more critical for the WTO than the US presidential election on November 5. Running again is former President Donald Trump, who threatened to withdraw the US from the WTO and repeatedly levied tariffs taxes on imported goods on perceived friends and foes alike. A Trump win could again roil global ..

IPO-bound Unicommerce expanding oversees ops by client acquisitions

IPO-bound SaaS platform Unicommerce is expanding its overseas operations by onboarding more clients, a top official said on Tuesday. Unicommerce is already serving 46 clients in Singapore, the Philippines, Indonesia, the UAE, and Saudi Arabia and is now expanding these operations by adding more clients. Some of its clients in these markets include the UAE-based fashion brand Redtag, the Philippines-based kids' wear brand Edamama and the UAE-based logistics player RSA Global. "After building a solid foundation in the country, international markets are a growth area for us now and we will now be expanding our operation in these overseas markets. "The domestic e-commerce market is ahead of most other markets in the region allowing us to offer future-ready solutions for our overseas clients," Kapil Makhija, managing director & chief executive told PTI Tuesday. Its domestic clientele includes Lenskart, Fabindia, Zivame, TCNS, Mamaearth, Emami, Sugar, Boat, Portronics, Pharmeasy, GNC, .

Overseas visits: Narendra Modi or Manmohan Singh, who travelled the most?

Data suggests that while Modi has spent fewer days abroad than his predecessor - 275 days versus Singh's 306 - he has travelled more widely and strenuously than any other Indian PM

PM Modi's 2nd term: 27 overseas visits focused on foreign policy outreach

Mobility pacts that opened the door for Indian skilled labour were among key successes

Sanctions imposed on Iran Central Bank subsidiary for US tech procurement

The US has imposed sanctions on three people and four firms across Iran, the United Arab Emirates and Turkey for allegedly helping to export goods and technology purchased from US companies to Iran and the nation's central bank. Treasury's Office of Foreign Assets Control said the procurement network transferred US technology for use by Iran's Central Bank in violation of US export restrictions and sanctions. Some of the materials acquired by the Central Bank of Iran were items classified as information security items subject to national security and anti-terrorism controls by the Commerce Department, Treasury says. Included in the sanctions package is Informatics Services Corp., an Iranian subsidiary of Iran's Central Bank that most recently developed the Central Bank Digital Currency platform for the bank; a UAE-based front company, which acquired US tech for the Central Bank of Iran and the front company's CEO, as well as a Turkey-based affiliate firm that also made purchases tha

India, UAE sign bilateral investment agreement during PM Modi's visit

Framework on proposed IMEC also signed

WATCH: PM Modi, UAE President introduce RuPay card in Abu Dhabi

Prime Minister Narendra Modi is on a two-nation visit to the UAE and Qatar, beginning Tuesday. This is his seventh visit to the UAE since assuming the office in 2014

PM Modi's two-day bilateral visit to UAE, Qatar: 5 things on agenda

PM Modi's UAE trip: Prime Minister Narendra Modi will hold key bilateral talks in UAE, Qatar and also inaugurate the first Hindu temple in Abu Dhabi on Wednesday

PM Modi to inaugurate Abu Dhabi's first Hindu temple BAPS on 14 February

Prime Minister Modi is going to inaugurate the first Hindu temple BAPS Mandir, and meet the top leaders in the United Arab Emirates on the two-day visit

UAE wealth fund plans $4-5 billion in investments via India's GIFT city

Trade between India and the UAE totalled $85 billion for the financial year ending March 2023, according to Indian government data

Indian tea exporters tackle West Asia market loss, gain ground in Iraq

'Aggressive promotion' helps companies to regain business share in nation

UAE urges US to support immediate ceasefire of Israel's attacks in Gaza

President Joe Biden's administration has refrained from demanding a halt to the Israeli military campaign and vetoed a UN Security Council demand for a ceasefire put forward by the UAE in December

Israel-Hamas war may impact future I2U2 project collaboration efforts

Touted as the West Asian Quad, I2U2 has agreed to identify bankable projects to increase joint investment in six critical areas: water, energy, transportation, space, health, and food security

Asian buyers struggle with high price of onions after India's export ban

The world's biggest exporter of onions banned shipments on Dec. 8 after domestic prices more than doubled in three months following a drop in production.

U-19 Asia Cup: Bangladesh beat India, UAE stun Pakistan to reach final

UAE's dream run takes them to the final, Bangladesh reach their second Under-19 Asia Cup final at the expense of India

UAE sends urgent relief aid to people affected by earthquake in Afghanistan

The shipment was sent on Saturday, and included food parcels and 500 tents, is in line with the UAE's efforts to diversify its humanitarian aid to meet the needs of thousands of people affected

Asia Cup: Jay Shah explains why Sri Lanka was chosen as venue and not UAE

ACC had been facing flak as all three group-stage matches held in Sri Lanka saw rain breaks, and the most anticipated India-Pakistan clash was washed out