Uae Financial News

Deepti Sharma has been rewarded for her excellent recent form as she moved up two places to reach career-high second spot in the latest ICC women's ODI rankings for bowlers on Tuesday. On the back of some strong performances in the recent ICC Women's T20 World Cup in the UAE, Deepti has been one of India's best players through the opening two matches of her side's ongoing white-ball series against New Zealand at home. Deepti has three wickets from two matches against the White Ferns at a miserly economy rate of 3.42. It has seen Deepti gain two places to move to second on the table, and the senior India spinner has closed in on England tweaker and No.1 ranked ODI bowler Sophie Ecclestone.

Cashfree Payments on Tuesday said it has received the Prepaid Payment Instrument (PPI) licence from the Reserve Bank of India (RBI). With the PPI licence, the Bengaluru-based payment aggregator can offer digital payment solutions such as mobile wallets, prepaid cards and vouchers, which customers can load with funds and use for transactions. “The PPI licence opens up a new field of opportunity for innovation in the payments landscape. Our focus has always been to provide secure, flexible and efficient payment experiences to Indian businesses as well as their customers. The PPI licence will help us build offerings that let internet businesses retain and grow their user base,” said Akash Sinha, CEO and cofounder, Cashfree Payments.

JioHotstar domain name has taken yet another unexpected twist, reminiscent of the crime thrillers available on the platforms involved. The mysterious techie who previously sought ₹1 crore from Reliance Industries for the coveted domain has vanished from the narrative, leaving behind an intriguing message about a sibling duo from the UAE dedicated to helping underprivileged children.This development has sent the internet buzzing with speculation on what might have happened.Earlier this week, an unnamed app developer from Delhi revealed they had acquired the JioHotstar domain in 2023, just before the anticipated merger between JioCinema and Disney+ Hotstar.With the potential merger set to create a new streaming giant, the techie offered to sell the domain to Reliance Industries, the parent company of Jio, for ₹1 crore—the price of their dream course at Cambridge University.

Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to challenge Western global clout

Xi Jinping said Wednesday that the ongoing BRICS summit here has decided to invite a number of nations to become partner countries and called on the grouping to actively respond to the requests of countries of the Global South to join the bloc. BRICS consisting of Brazil, Russia, India, China and South Africa has now expanded with five additional members — Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. In his speech addressing the 16th BRICS Summit, Xi said the summit has decided to invite a number of nations to become partner countries, China's state-run Xinhua news agency reported. He hailed the decision as another important development in the course of BRICS development.

The tiny Mideast nation of Kuwait has banned the release of the video game “Call of Duty: Black Ops 6,” which features the late Iraqi dictator Saddam Hussein and is set in part in the 1990s Gulf War

PM Modi on Wednesday invited BRICS nations to adopt India's Unified Payments Interface (UPI) in their markets and welcomed steps for financial integration in amongst the nations. Modi said that UAE had adapted the UPI payments system and Mauritius has also expressed an interest for the technology.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

BRICS Summit 2024 at Kazan in Russia will be watched keenly by the United States. The BRIC grouping, including Brazil, Russia, India, and China, was formally started in 2006. In 2009, the first BRIC Summit was held in Russia.

Subscribe to enjoy similar stories. In an era of global mobility and economic uncertainty, the concept of secondary residency has gained significant traction among ultra-high-net-worth individuals (UHNWIs). This strategic move offers a multitude of benefits, ranging from enhanced lifestyle options to significant financial advantages.

China’s Xi Jinping, India’s Narendra Modi and other global leaders have arrived in the Russian city of Kazan for a summit of the BRICS bloc of developing economies that the Kremlin hopes to turn into a rallying point for defying the Western liberal order

Subscribe to enjoy similar stories. Modern China is a superpower with its roots in a guerrilla army. This helps explain its self-interested responses to crises, including the turmoil now raging in the Middle East.

Xi Jinping on Tuesday left for Russia to attend the BRICS summit where he is expected to meet leaders of the member countries, including Prime Minister Narendra Modi on the sidelines. Xi will articulate China's vision for «greater cooperation» of the BRICS bloc, which has now expanded to 10 members, and «open a new era for the Global South to seek strength through solidarity» at the three day summit. The summit of Brazil, Russia, India, China and South Africa (BRICS), which now has expanded with five additional members Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, is being held in the Russian city of Kazan, about 900 km east of Moscow, from October 22 to 24. Xi left Beijing for the 16th BRICS Summit in Kazan at the invitation of Russian President Vladimir Putin, state-run Xinhua news agency reported.

defence cooperation between the two countries and explore new avenues of cooperation between their navies, an official statement said on Monday. Adm Tripathi will also witness the conduct of the third edition of the India-UAE bilateral naval exercise, the defence ministry said in the statement. The Chief of the Naval Staff is scheduled to hold discussions with Rear Admiral Pilot Saeed Bin Hamdan Al Nahyan, Commander of the UAE Naval Forces and other senior government officials of the UAE, it said. Adm Tripathi is visiting the UAE from October 21-24, the ministry said.

BRICS Summit will take place in Kazan, Russia on 22nd-24th October, 2024. The Theme of the Meeting is «Strengthening Multilateralism for Just Global Development and Security”. The main objectives of the 2024 BRICS Summit are to promote cooperation and partnership in politics and security, economy and finance, and cultural and humanitarian ties.

Middle East's biggest hypermarket chains, kicked off an initial public offering on Monday that bankers say could be the UAE's largest this year. The offering by the conglomerate that runs more than 240 stores in the six countries belonging to the Gulf Co-operation Council comes during a retail spending boom in the region that is spurring domestic listings by companies in the sector. The listing, set to run from Oct. 28 to Nov. 5, will offer more than 2.582 billion shares, which are expected to start trading on the Abu Dhabi Securities Exchange on Nov. 14, Lulu's IPO document showed.

In the coming days, Russian President Vladimir Putin will be shaking hands with multiple world leaders, including those from China, India, Turkey and Iran

standard operating procedure (SOP) for negotiating its free trade agreements (FTA) and address new issues — labour, environment, digital services, gender and indigenous peoples and has temporarily paused some new trade pacts. Officials said a review of India’s trade pact with the UAE in two years after it came into force and a rise in sustainability measures being imposed by the US and the EU, have led the government to develop a new FTA strategy. These guidelines will be based on reciprocity and stronger rules of origin to prevent Chinese products entering India by misusing any of the trade pacts. “The SOPs are almost ready and we will go to Cabinet for its approval,” said an official. The SOPs assume significance as India is negotiating trade pacts with the UK, the EU, Peru, Oman, Chile and a comprehensive trade deal with Australia.

New Zealand and South Africa in the Women's T20 World Cup in Dubai on Sunday. No South African or New Zealand — be it men or women — team has ever won a world cup. In the women's tournament, Australia have won six of the eight editions and South Africa beating them in the semi-final was historic in many ways. England in 2009 and the West Indies in 2016 are the only teams that have managed to win the tournament. The final is expected to be a fitting conclusion to a tournament that has showcased a mix of excellent and average cricket, following its relocation to the United Arab Emirates due to political issues in Bangladesh.

Salman Khan is going all out on security after receiving multiple death threats. The ‘Dabangg’ star has reportedly invested in a brand new bulletproof car. Reports now suggest that the actor is going to great lengths to ensure his protection. According to Bollywood Society, Salman Khan has recently acquired a bulletproof Nissan Patrol SUV. Since this vehicle is not available in India, it is said that Khan is importing it from Dubai. The car, priced around Rs 2 crore, will reportedly incur additional costs for expedited delivery to India. Details about the car found online reveal that it comes equipped with cutting-edge security features, including sensors to detect explosives, reinforced glass capable of withstanding close-range gunfire and tinted black windows to conceal the identities of those inside. This is not the first time Salman Khan has made such a purchase; last year, he imported another bulletproof car from the UAE after receiving his first death threats from the Bishnoi gang, which also targeted his father, Salim Khan. For the unversed, the ‘Bodyguard’ actor has been a target of the notorious gangster Lawrence Bishnoi for quite some time now. Days after the murder of politician Baba Siddiqui (who was close to the star), he received fresh death threats.

exports of personal computers including laptops have emerged as a key electronic item shipments from India during April-August this fiscal, according to the commerce ministry data. The exports of personal computers have recorded healthy growth in five destinations- the UAE, Russia, Bangladesh, the US, and Sri Lanka. The exports of laptops to the top five markets — increased to $102.6 million in April-August from just $37 million in the same period of the previous year, the data showed. The government's support to personal computer manufacturing through Production Linked Incentive (PLI) and other measures like ease of doing business have supported this growth.