Uae Financial News

The cost of your next flight is likely to go up

Kuwait’s ruling emir has named the small nation’s new crown prince, nearly six months after he took the throne

₹121 apiece. The IPO lot size for Sattrix Information is 1,000 shares.By buying 1,000 shares at ₹121 apiece, retail investors can invest a minimum of ₹1,21,000 and a maximum of ₹1,21,000.

ZMINA news that her daughter faced abuses and was beaten which she she got to know from her letters. “They were trying to lure my daughter to the Russian side with both sweet promises of a big salary and intimidation.

Several Indian startups are setting their sights on the Gulf markets, on the back of the region’s burgeoning middle class and high disposable incomes. From beauty and fashion to mobility and home services, these startups see immense growth potential by catering to premium consumer segments.

Airlines may not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts say the new technology is already revolutionising the way they do business.

Mint. The widespread Indian diaspora across the US, Europe, Africa, and South America also aids the demand momentum, he added.Since 2023, Indian airlines have placed a cumulative order of 100 wide-body aircraft with a 70 wide-body aircraft order placed by Air India in February 2023 and another 30 by IndiGo last month.“I would say it is a good thing happening in this sort of domain and good for the industry and consumers.

Saudi Arabia says it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since its initial public offering back in 2019

Joint British-U.S. airstrikes targeting Yemen’s Houthi rebels killed at least 16 people and wounded 42 others

A new report has found that billions of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates, where it is refined and sold to customers around the world

A Greek-owned and Marshall Islands-flagged bulk carrier that came under attack by Yemen’s Houthi rebels earlier this week had a cargo of grain bound for Iran

FTAs)," US Ambassador to India Eric M. Garcetti said in an interview. "But I do think that there's an openness in Washington to advance a discussion about preferential trade between our countries.

Ajay Gupta, one of three infamous Gupta brothers, by Indian authorities is a shot in the arm for South Africa's ruling African National Congress (ANC) and the country's President Cyril Ramaphosa in an election season. ANC is seeking re-election in Wednesday's parliamentary polls and the arrest of Ajay Gupta will enable the current ANC leadership to target former president Jacob Zuma under whose rule the Gupta brothers ran a controversial business empire in South Africa. Zuma is accused of backing the Gupta brothers in lieu of personal favours, including financial emoluments. Zuma has formed a separate entity to fight the elections, eyeing to create a rift within ANC supporters and garner votes. This is a high-stakes election for ANC.

Gentari Sdn Bhd, the renewable energy arm of Malaysian energy giant Petronas, is the frontrunner for a part of the India renewable portfolio of Brookfield Asset Management, said two people aware of the development. Gentari, which has conducted due diligence of the assets, has signed an exclusivity agreement for further negotiations with Brookfield, they said. Government-run Oil and Natural Gas Corp (ONGC) is another contender that has completed due diligence, said people with knowledge of the matter. The 2 GW renewable portfolio of Brookfield in India that’s up for sale has an estimated enterprise value of $800 million-1 billion (Rs 6,600-8,300 crore). Other entities that had submitted initial bids but are no longer in the race include Sekura Energy, Sembcorp and UAE's Masdar Energy, they said. Of the portfolio, 1 GW is operational and projects with a capacity of 1 GW are under construction, expected to be completed within 18 months, said the people cited.

A missile attack has damaged a ship in the Red Sea off the coast of Yemen

Peel Regional Police say hundreds of vehicles worth $33.2 million have been recovered in a major auto theft investigation — with 37 containers worth of cars found at the Port of Montreal.

Haut Monde Mrs India Worldwide, a prestigious beauty pageant honoring the strength, grace, and beauty of married women, recently concluded its highly anticipated Season 13. The magnificent grand finale took place on May 9th, 2024, at the esteemed Ajman Hotel, UAE. The event showcased the remarkable talent, grace, and empowerment of women worldwide.

green card) from the US or a residence visa from the United Kingdom or any European Union country enables you to obtain a 14-day entry visa upon arrival in the UAE. The General Directorate of Residency and Foreigners Affairs Dubai (GDRFAD), Dubai's immigration authority, offers a service that allows you to request pre-approval for this visa, facilitating your immigration procedures upon arrival in the UAE. Here’s how you can avail this service:

India has recorded a trade deficit, the difference between imports and exports, with nine of its top 10 trading partners, including China, Russia, Singapore, and Korea, in 2023-24, according to official data. The data also showed that the deficit with China, Russia, Korea, and Hong Kong increased in the last fiscal compared to 2022-23, while the trade gap with the UAE, Saudi Arabia, Russia, Indonesia, and Iraq narrowed. The trade deficit with China rose to USD 85 billion, Russia to USD 57.2 billion, Korea to USD 14.71 billion and Hong Kong to USD 12.2 billion in 2023-24 against USD 83.2 billion, USD 43 billion, USD 14.57 billion and USD 8.38 billion, respectively, in 2022-23. China has emerged as India's largest trading partner with USD 118.4 billion of two-way commerce in 2023-24, edging past the US.

UAE are now subject to stricter immigration checks at Dubai and Abu Dhabi airports. Authorities have mandated that visitors carry proof of at least ₹60,000 in their bank account or have a credit card and a return ticket. This measure aims to prevent the misuse of tourist visas. Sources indicate that first-time travellers from Tamil Nadu and Kerala are particularly under scrutiny. These checks have led to delays at Indian airports as airlines now ensure passengers meet these requirements before allowing them to board. The increased vigilance follows incidents where passengers arriving on tourist visas lacked sufficient funds or return tickets, leading to deportations. Airlines are now required to verify that solo travellers, especially women aged 20-35, comply with these rules to avoid having to return deported passengers at their own expense.

Saadiyat Cultural District is a global platform, emanating from a rich cultural heritage, celebrating traditions, and advancing equitable culture. It is an embodiment of empowerment, showcasing museums, collections, and narratives that celebrate the region’s heritage while promoting a diverse global cultural landscape.Once completed, the diversity of Saadiyat Cultural District’s institutions will make the district one of the most unique cultural platforms.