Uae Financial News

New York City officials have approved a plan to build a 25,000-seat stadium for Major League Soccer’s New York City Football Club next to the New York Mets’ stadium, Citi Field

New Delhi: Rising prices of raw materials for manufacturing plastic products could further burden the Indian economy lead to a hike in the prices of plastic goods in the near future, said Sribash Dasmohapatra, executive director of the Plastic Export Promotion Council (PLEXCONCIL), a body under the ministry of commerce. Raw materials used for manufacturing plastics, such as ethylene and propylene, are primarily sourced from countries with abundant petrochemical resources like Russia, Iran, the United Arab Emirates and Saudi Arabia.

Live: Eid-al-Fitr 2024 moon sighting Highlights: India to celebrate Eid on April 11 except THESE places Whereas Kerala, Ladakh, and Jammu & Kashmir, witnessed the crescent on April 9, due to this these states celebrated Eid on April 10 together with the Muslims in Saudi Arabia, UAE, Oman, Qatar, Kuwait, Bahrain, Egypt, Turkey, Iran, USA, United Kingdom and other countries in the Middle East and West. Also Read | Eid-al-Fitr 2024: Wish your friends and family 'Eid Mubarak' with these quotes, WhatsApp messages Banks closed for 14 days across states; check the state-wise list of bank holidays in April.

Dubai, UAE– April 10, 2024 – Paycio, a UAE-licensed (VARA) crypto payment services provider, aims to make everyday life easier using cryptocurrency and a unique crypto transaction application for users, merchants, and crypto enthusiasts to complete the transactions through Mobile number. Paycio offers many services like Crypto transactions, swapping, and wallet on the site. Crypto is slowly but surely becoming a part of people’s daily lives. Users can utilize crypto for daily transactions with Paycio’s features. Sending crypto from your phone may be as simple as a bank transfer with the correct platform.

The listing comes shortly after eesee’s latest mainnet launch with over 1.6 million wallets connected to its gamified digital assets trading marketplace. 

forex robot that stands out for its user-friendly interface and robust analytical tools. It is designed to cater to both novice and experienced traders, offering a seamless and intuitive trading experience. The software’s advanced algorithms and real-time market analysis provide traders with an edge in a fast-paced trading environment.

Pradhan Mantri Suryodaya Yojana’ in January 2024 for the installation of rooftop solar for 1 crore (10 million) homes should provide an incremental boost to wire makers. Energised by India's robust economic growth, the wires and cable industry (40-45% of the electrical sector market) has witnessed a massive surge over the last few years. Major players have experienced significant topline and profitability gains.

Moon wasn't sighted. Key mosques in Delhi, Uttar Pradesh, and Karnataka confirmed this. Consequently, Eid al-Fitr will be observed in much of the country on April 11.

Muslims will observe another day of fast today, April 10 since the crescent Moon wasn't sighted. Key mosques in Delhi, Uttar Pradesh, and Karnataka confirmed this. Consequently, Eid al-Fitr will be observed in much of the country on April 11.

India now has a thriving Web3 ecosystem with over 1,000 startups in the space, a report published by Hashed Emergent on Tuesday showed. Bengaluru, renowned as the technology capital, has positioned itself as the central industrial hub in the country.

Crypto.com announced Tuesday that its Dubai-based entity achieved full operational approval from the Virtual Assets Regulatory Authority (VARA). It will commence operational services by catering to institutional investors.

Gold prices edged up on Tuesday, hovering slightly below a record high as investors awaited the U.S. Federal Reserve's policy meeting minutes and key inflation data for cues on the timing and depth of interest rate cuts.

Russia captured a larger share of India's crude imports in the just-ended fiscal year despite narrowing discounts on its oil and sanctions imposed by G7 nations due its invasion of Ukraine. The share of Russian oil in India's total imports rose to 35% in 2023-24 from 23% in the previous year, according to energy cargo tracker Vortexa. During the year, all other key suppliers, including Iraq, Saudi Arabia, UAE, and the US lost share in the Indian market. Iraq's share fell to 20% (from 21%). Similar drops were noted for Saudi Arabia (15% from 17.5%), UAE (6% from 9%), and the US (3.5% from 5.5%). Russia supplied 1.57 million barrels a day (mb/d) in FY24, up from 1mb/d in the previous year. Iraq's supply of 0.89 mb/d in 2023-24 was lower than 0.95 mb/d in the previous year. Saudi's supply fell to 0.69 mb/d from 0.78 mb/d.

Polo — a high society event usually associated with champagne and attended by the upper echelons of society is now being adopted by the crypto crowd.

India's silver imports surged by 260% in February to a record high, as lower duties encouraged large purchases from the United Arab Emirates (UAE), government and industry officials told Reuters, adding they were on track to increase by 66% this year. Higher demand in India, the world's biggest silver consumer, could support global prices trading near their highest in three years. India imported a record 2,295 metric tons of silver in February, up from 637 tons in January, said a government official, who declined to be named as he was not authorised to talk to the media.

Coffee shipments from India rose 13.35 per cent to 1,25,631 tonnes during January-March period of this year on higher demand for Robusta coffee, according to the official data. The country had exported 1,10,830 tonnes of coffee in the same period in 2023. India, Asia's third-largest producer and exporter, grows Arabica and Robusta varieties of coffee. Arabica coffee bean has lesser caffeine content than the Robusta. Arabica has a sweet and smoother taste, while the Robusta is generally more bitter and harsher on the taste buds.

₹40,000 crore in annual defence exports by 2026, he said. “We cannot get qualified for more naval defence exports until we get more contracts from the Indian government that can act as a reference for us to export," he said. Similarly, the company’s facilities for making 100 units of 52-calibre self-propelled gun systems has been under-utilised after executing the order it received in 2018, Naik said.

Whether you're drawn to sleek minimalist designs or bold statement pieces, there's a tote on this list to complement your unique personality and cater to your daily activities. Discover the perfect blend of fashion and function as we showcase the most coveted tote bags available in the UAE.

United Nations, India on Friday abstained in the UN Human Rights Council on a resolution that called for an immediate ceasefire in Gaza and also demanded that Israel immediately lift its illegal blockade on the strip. The draft resolution on the 'Human rights situation in the Occupied Palestinian Territory, including East Jerusalem, and the obligation to ensure accountability and justice' was adopted by the Geneva-based Council with a vote of 28 in favour, 6 against and 13 abstentions. India abstained on the resolution, along with France, Japan, Netherlands, and Romania among others. Those voting against the resolution included Argentina, Bulgaria, Germany and the US.

Montenegro’s top court has overturned a decision to hand over a South Korean mogul known as “the cryptocurrency king” to his native country