Page 2 - United Arab Emirates
Dubai, Abu Dhabi race to lure world's asset managers, billionaires
Emergence of companies in a range of new sectors and potential for business created by Abu Dhabi's investments have not gone unnoticed in the international financial community
UAE to address India's concerns over rise in silver, platinum alloy imports
In the case of silver, over the last few months, the commerce department tried to understand the reasons behind the surge in imports
UK govt mulling exit tax for millionaires moving to 'tax-paradise' UAE
Exit taxes are rarely big revenue raisers, especially as they often take the form of a levy on future capital gains if and when assets are sold
Boosting confidence: International arbitration can drive more investment
India must reform its judicial system to enable faster dispute resolutions. This will help improve overall investor confidence and ease of doing business
Unique 600kg-floral Onam tribute honours UAE's spirit of generosity
In a heartfelt tribute to the UAE's values and the spirit of the harvest festival of Onam, healthcare workers at a hospital in Abu Dhabi have created a special pookkalam, a traditional Malayali floral carpet, with 600 kg of flowers flown in from India. This year's floral display at Abu Dhabi's Burjeel Medical City (BMC) symbolised the UAE's focus on tolerance, generosity, peace, sustainability and innovation, while also embracing the spirit of Onam, a festival known for its message of togetherness. The giant pookkalam, made with 600 kg of fresh flowers flown in from India, was arranged by over 100 healthcare workers in the atrium of BMC, the flagship hospital of Burjeel Holdings. Onam is more than just a festival for us; it is a time to reflect on the values of togetherness and community. This year, we wanted our floral carpet to not only symbolise Onam but also reflect the values that the UAE stands for," said Dr Sanjay Kumar, Chief Human Resources Officer of Burjeel Holdings. "It
Sudan accuses UAE of arming rival paramilitary, UAE refutes allegations
The Sudanese government accused the United Arab Emirates on Wednesday of providing weapons to its rival paramilitary force and prolonging the 17-month war. The UAE called the allegations utterly false and baseless and accused the government of refusing to negotiate peace with its enemy. Their latest clash came during a U.N. Security Council meeting where its 15 members voted unanimously to extend an arms embargo in Sudan's vast western Darfur region a key battleground of the rival forces until Sept. 12, 2025. Sudan plunged into conflict in mid-April 2023, when long-simmering tensions between its military and paramilitary leaders broke out in the capital, Khartoum, and spread to Darfur and other regions. More than 13 million people have been forced to flee their homes, the country is engulfed in a humanitarian crisis, and the head of the U.N. World Health Organization said Sunday that over 20,000 people have been killed. Sudanese Ambassador Al-Harith Mohamed accused the UAE of ...
IMEC to cut logistics costs and boost maritime security, says Piyush Goyal
IMEC aims to boost economic development by fostering connectivity and economic integration between Asia, the Persian Gulf, and Europe
'I divorce you': Dubai Princess Sheikha Mahra dumps husband on Insta story
Emirati Princess Sheikha Mahra revealed her husband's alleged infidelity, a little over a year after their marriage
Emirates fined $1.5 million by US for operating in prohibited airspace
Emirates was ordered to pay $200,000 under the 2020 order and another $200,000 if it violated the order within a year
UAE top destination for India migrants, hosts 3.47 million: UN report
India received more than $111 bn in remittances in 2022, the largest such amount
Flights cancelled, offices and beaches closed: Heavy rains lash Dubai again
Dubai's MeT department has issued an orange alert for Friday; educational institutions asked to shift to online classes, while companies directed to allow work from home for their employees
Storm dumps 18 months' rain on parts of UAE, flooding roads, airport
Heavy thunderstorms lashed the United Arab Emirates on Tuesday, dumping over a year and a half's worth of rain on the desert city-state of Dubai in the span of hours as it flooded out portions of major highways and its international airport. Meanwhile, the death toll in separate heavy flooding in neighbouring Oman rose to 18 with others still missing as the sultanate prepared for the storm. The rains began late Monday, soaking the sands and roadways of Dubai with some 20 millimetres (0.79 inches) of rain, according to meteorological data collected at Dubai International Airport. The storms intensified around 9 a.m. local Tuesday and continued throughout the day, dumping more rain and hail onto the overwhelmed city. By the end of Tuesday, more than 142 millimetres (5.59 inches) of rainfall had soaked Dubai over 24 hours. An average year sees 94.7 millimetres (3.73 inches) of rain at Dubai International Airport, the world's busiest for international travel and a hub for the long-haul
Dubai International Airport flooded, flights disrupted after heavy rain
The desert nation of the United Arab Emirates attempted to dry out Wednesday from the heaviest rain ever recorded there after a deluge flooded out Dubai International Airport, disrupting travel through the world's busiest airfield for international travel. The state-run WAM news agency called the rain Tuesday a historic weather event that surpassed anything documented since the start of data collection in 1949. That's before the discovery of crude oil in this energy-rich nation, then part of a British protectorate known as the Trucial States. Rain also fell in Bahrain, Oman, Qatar and Saudi Arabia. However, the rains were acute across the UAE. One reason may have been cloud seeding, in which small planes flown by the government go through clouds burning special salt flares. Those flares can increase precipitation. Several reports quoted meteorologists at the National Center for Meteorology as saying they flew six or seven cloud-seeding flights before the rains. The center did not ..
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
