Uae Financial News

11.01 / 04:41
UPS FIVE Citizens country travelers Destinations 2024 India ranks at THIS position in world's most powerful passport 2024 list
most powerful passport list for 2024, with citizens allowed to travel to 62 countries without a visa. The country shares its rank with Uzbekistan, while the neighboring nation Pakistan is positioned at 101 spot. Singapore and Japan have boasted the world’s most powerful travel documents for the last five years, granting their citizens access to more countries without a prior visa than anyone else.
11.01 / 03:27
UPS FIVE Platform economy President country gatherings Vibrant Gujarat Summit: Big names pledge megabucks
The Adani Group said it will invest $24 billion in Gujarat over the next five years creating 100,000 jobs. 100 countries participating Reliance Industries Ltd (RIL) proposed India's first carbon fibre facility at Hazira together with a green energy giga complex on 5,000 acres in Jamnagar in 2024. Addressing a packed Mahatma Mandir convention centre in Gandhinagar on Wednesday morning, Prime Minister Narendra Modi said India would be one of the top three global economies in the coming years. “The world looks at (India) as an important pillar of stability, a trusted friend, and an engine of growth in the global economy,” Modi told an elite gathering of corporate leaders and heads of state, including United Arab Emirates (UAE) president Mohamed bin Zayed Al Nahyan, Timor-Leste president José Ramos-Horta and Mozambique president Filipe Nyusi. “In the rapidly changing world order, India is moving ahead as Vishwa Mitra (friend of the world),” Modi said.
11.01 / 02:11
Freedom country Equality Telangana: CM Revanth Reddy hosts representatives of 13 countries for dinner
Revanth Reddy hosted representatives of 13 countries for dinner at Qutub Shahi Tombs in Hyderabad on Wednesday evening. «Representatives of America, Iran, Turkey, UAE, UK, Japan, Thailand, Germany, Sri Lanka, Bangladesh, Australia, France and Finland attended the event,» read a press note issued by the Chief Minister's Office (CMO).
11.01 / 01:05
Provident Cooper Sustainability Enterprise Food community Trade India-UAE launch CEPA council to push business partnership
UAE-India Business Summit, held under the theme of “Two Nations, One Vision”, took place on the side-lines of the Vibrant Gujarat Global Summit 2024. The event marked an important milestone in the UAE-India economic partnership, with the unveiling of a range of new initiatives aimed at further bolstering the strategic bilateral partnership. Among the key outcomes of the Summit, the ceremonial launch of the UAE-India CEPA Council (UICC) took place in the presence of Dr. Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade, and Piyush Goyal, the Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles. Among its objectives, the UICC will encourage close partnerships and tangible cooperation across all levels of the UAE and Indian business communities, with a strong emphasis on critical industries such as start-ups, women entrepreneurs, micro, small, and medium-sized enterprises (MSMEs), and the services sectors.
11.01 / 01:05
markets Citi Digital Food Diversity Schools International The Baker’s Dozen raises Rs 33 crore in funding round led by Wipro Consumer VC unit
Wipro Consumer Care Ventures –the venture capital arm of Wipro Consumer Care & Lighting, Mirabilis Investment Trust, and She Capital, along with existing investor Fireside Ventures. The funds will be used to enhance distribution growth, expanding reach into non-metro cities and international markets. It will be also employed for brand-building and marketing initiatives.
10.01 / 17:59
Citi security President War hospital Antony Blinken meets Palestine prez, discusses post-war reforms
Antony Blinken spoke to President Mahmoud Abbas on Wednesday about reforming the Palestinian self-rule government, as part of US efforts to rally the region behind postwar plans for Gaza that also include concrete steps toward a Palestinian state. Blinken says he has secured commitments from multiple countries in the region to assist with rebuilding and governing Gaza after Israel's war against Hamas, and that wider Israeli-Arab normalization is still possible, but only if there is «a pathway to a Palestinian state.»
10.01 / 10:24
UPS Manufacturing Continental President Universities country social Vibrant Gujarat Summit Day 1: From investments to PM Modi's address; key highlights from the global summit
Mohamed bin Zayed Al Nahyan addressed the Vibrant Gujarat Global Summit 2024 on Wednesday. The President's speech signified UAE's strong ties with India and PM Modi. Following his speech, the Prime Minister in a post on social media platform X, lauded the UAE President and said that his statements were very encouraging.
10.01 / 10:13
Citi Manufacturing NVIDIA track innovations Updates International Vibrant Gujarat Summit sees billion-dollar pledges: From Tata's semiconductor fab to new Maruti plant, here are details
₹2 trillion ($24 billion) to boost green energy initiatives in Gujarat, adding to the flurry of multi-billion pledges made at the event. Additionally, Maruti Suzuki, Simmtech, and DP World revealed their respective investment plans, highlighting Gujarat's growing stature as an investment hub. Track Live Updates | Vibrant Gujarat Summit LIVE Updates: PM Modi says India's port infrastructure secures new investments from UAE companies Tata Group Chairman N Chandrasekaran revealed plans to build a large semiconductor fabrication facility (fab) in Gujarat's Dholera.
10.01 / 10:01
markets CEO show performer country exclusive innovations UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening macroeconomic conditions caused investors to tighten their belts, according to global investment figures shared exclusively with CNBC.
10.01 / 07:54
economy Align Sustainability President Celebrity voice innovations Vibrant Gujarat Summit: PM Modi unveils 25-year vision, pledges to make India a developed nation
Narendra Modi on Wednesday unveiled India's 25-year goal, propelling the nation towards developed nation status by 2047, aligning with the centenary celebration of independence. PM Modi, reflecting on India's global influence through its G20 Presidency, emphasized the country's priorities, aspirations, and commitment to human-centric development and equality. He underscored India's focus on sustainable development, infrastructure, new-age skills, artificial intelligence, and innovation as key pillars of this transformative vision. Highlighting India's economic trajectory, PM Modi stated, «Today, India is the world's fifth-largest economy.
10.01 / 04:11
Parke President Diversity country Traffic Updates International Vibrant Gujarat Summit: Traffic diversions, ‘no parking zones’ enforced in Gandhinagar until January 13
Vibrant Gujarat Summit LIVE Updates The Vibrant Gujarat Summit, which will witness an assembly of global leaders, including presidents, prime ministers and governors of various countries, will also see PM Narendra Modi leading the programme as the key speaker during the inaugural ceremony. The event will mark the beginning of the Vibrant Gujarat Global Summit, rolling out the carpet for constructive dialogues, investments and collaborations with the international businesses.
10.01 / 01:42
CEO President Celebrity country Features Updates PM Modi in Gujarat Live Updates: PM Modi to inaugurate 10th edition of Vibrant Gujarat Summit today
Catch the LIVE Updates on PM Modi's Gujarat visit herePM Modi in Gujarat LIVE: Prime Minister Narendra Modi and United Arab Emirates President Mohamed bin Zayed Al Nahyan held a bilateral meeting here on Tuesday and hailed the rapidly transforming India-UAE partnership, officials said. Four MoUs were signed between India and the UAE in the presence of the two leaders, including one between the Gujarat government and DP World, a multinational logistics company based in Dubai, they said.
09.01 / 22:01
Booking Research Trade President show country social bin PM Modi holds roadshow with UAE Prez Mohamed bin Zayed Al Nahyan in Ahmedabad
Narendra Modi held a 3 km-long roadshow from Sardar Vallabhbhai Patel Airport to Gandhinagar, along with UAE president Mohamed bin Zayed Al Nahyan, on Tuesday. Nahyan is in Ahmedabad to attend the tenth edition of Vibrant Gujarat Global Business Summit, which will start on Wednesday.
09.01 / 18:44
Waves CEO security Banner President gatherings International Watch | PM Modi holds roadshow with UAE President in Ahmedabad ahead of Vibrant Gujarat Global Summit
Narendra Modi and visiting United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan held a roadshow in Ahmedabad on Tuesday evening ahead of the Vibrant Gujarat Global Summit scheduled to be inaugurated in Gandhinagar on Wednesday Before the roadshow, Prime Minister Narendra Modi -- who is on a visit to his home state to participate in the Vibrant Gujarat Summit--welcomed the UAE president at the Sardar Vallabhbhai Patel International Airport. Besides, PM Modi, Gujarat Chief Minister Bhupendra Patel, External Affairs Minister S Jaishankar, National Security Advisor Ajit Doval, Foreign Secretary Vinay Mohan Kwatra and some other senior officials of the state were present at the airport to welcome the UAE president. The UAE President was accorded a ceremonial guard of honour upon his arrival.
09.01 / 16:26
Platform security Sustainability Trade President show country bin ‘Welcome to India my brother’, PM Modi receives UAE President Mohamed Bin Zayed at airport
Narendra Modi received him at the airport and the two will hold a roadshow. Gujarat Chief Minister Bhupendrabhai Patel, External Affairs Minister S Jaishankar, National Security Advisor Ajit Doval, Foreign Secretary Vinay Mohan Kwatra and other officials were present at the airport to welcome the UAE President. The UAE President was accorded a ceremonial guard of honour upon his arrival.
09.01 / 16:20
UPS Citi Manufacturing Sustainability President innovations 2024 Gujarat Global Summit 2024: Three-day event starts tomorrow; check who all are attending
ALSO READ: Vibrant Gujarat Global Summit 2024 to be inaugurated by PM Modi: 10 key highlights UAE President Sheikh Mohamed bin Zayed Al Nahyan is among the special guests who will attend the Summit. He is in Ahmedabad and will attend the Summit. Among the global leaders to attend the Summit include Australian High Commissioner Philip Green, Malta High Commissioner Reuben Gauci, Ambassador of Netherlands to India Marisa Gerards, President of Timor-Leste José Ramos-Horta, Ambassador of Japan to India Hiroshi Suzuki, Thai envoy to India Pattarat Hongtong, and others.
09.01 / 15:39
UPS security President stage International Destinations PM Modi and UAE President's roadshow begins in Ahmedabad
UAE president Sheikh Mohamed bin Zayed Al Nahyan embarked on a roadshow in Ahmedabad this evening. Before their roadshow, Modi welcomed the United Arab Emirates president on the latter's arrival at the Sardar Vallabhbhai Patel International Airport here.
09.01 / 04:21
CEO Platform security Tesla President country 2024 Vibrant Gujarat Global Summit 2024 to be inaugurated by PM Modi: 10 key highlights
Global Participation: Over the years, the Vibrant Gujarat Summit has evolved into a global platform, witnessing participation from 135 countries and over 2000 exhibitors. This year's summit attracted global leaders, including UAE President Sheikh Mohamed bin Zayed Al Nahyan. The 3-km-long roadshow will start in the evening after the PM receives the UAE President at the airport, said Deputy Commissioner of Police (Traffic-East), Ahmedabad city, Safin Hasan.
08.01 / 20:46
markets Provident Cooper community Trade country Relationships play The UAE-India partnership has a new catalyst in play
The United Arab Emirates-India relationship is without question one of the region’s most dynamic partnerships. It is one that stands as a global exemplar for the positive benefits that can be achieved through open, consistent and constructive dialogue; visionary leadership; and mutual respect.
08.01 / 17:11
Strategy Food Trade show country Department Commerce Minister Piyush Goyal inaugurates mega food show
Trade Promotion Council of India (TPCI) with the support of the Department of Commerce. Goyal said that the food exports from India holds an immense potential and this this fiscal, the country's agri exports will be more than last year's level of USD 53 billion despite restrictions imposed on shipments of certain key commodities.
08.01 / 12:58
markets Target security Boeing Trade reports testing week L&T shares hit 52-week high after broking firm UBS increases target price
₹3,560 per share in intraday trading on January 8. This surge was prompted by the brokerage firm UBS assigning a 'buy' rating to the stock, accompanied by an upward revision of the target price from ₹3,600 to ₹4,400. This adjustment implies a potential upside of 23 percent from the current levels.

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