Uae Financial News

Close to 400 people connected to fossil fuel industries in some way or another attended last year’s United Nations climate talks in Egypt

₹1,375 crore, including ₹475 crore to settle dues and ₹900 crore for capital expenditure and working capital. The plan also envisaged JKC first infusing ₹350 crore (it was decided that ₹350 crore of the ₹475 crore would be a mandatory infusion for the transfer process to start) into the airline, which got delayed due to several reasons, including litigation. In August, the company law appeals court asked JKC to pay the amount by 30 September and permitted an adjustment of ₹150 crore from an existing performance bank guarantee.

Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements (BIS), believes.

alleged cash-for-query case, Bharatiya Janata Party (BJP) MP Nishikant Dubey said on November 8. “Lokpal has today, on the basis of my complaint, ordered a CBI inquiry against accused Mahua Moitra for allegedly indulging in corruption that compromised national security," Dubey said on social media platform X. An official statement from the anti-graft panel was awaited by the time the preliminary reports emerged.

Cyprus’ energy minister says the political and economic ramifications from the ongoing Israel-Hamas war may provide an impetus to regional energy projects involving his country

Mswipe, a digital payment provider for merchants, on Wednesday said it has made multiple elevations and expanded several leadership roles internally, including appointing chief executive Ketan Patel as cofounder. The strengthening of its leadership structure comes as Mswipe is looking to push its global expansion plans.

Lokpal has reportedly ordered a Central Bureau of Investigation (CBI) inquiry against Trinamool Congress (TMC) MP Mahua Moitra based on a complaint lodged by BJP MP Nishikant Dubey. This development follows a previous accusation by BJP MP Nishikant Dubey, who claimed that Mahua Moitra had been asking questions in the Lok Sabha with the intention of targeting the Adani Group and Prime Minister Narendra Modi at the behest of businessman Darshan Hiranandani in exchange for gifts.

The Central Bank of the United Arab Emirates (CBUAE), along with other regulators in the country, has recently published new joint guidance for virtual asset service providers (VASPs) operating within the country. The new guidelines include penalties for VASPs operating without proper licenses within the jurisdiction. 

Ripple will power new payment corridors between 27 African countries and Australia, the United Kingdom and the Gulf Cooperation Council (GCC) under a deal with African mobile payments provider Onafriq.

Russia's invasion of Ukraine entered its 20th month, the chairperson of the Russian Federation Council proposed the creation of a Ministry of Happiness in the country, reported Hindustan Times on 7 November. During a speech at the recent Znanie (Knowledge) education expo in Moscow, Valentina Matviyenko said she came up with the idea in 2019 while on a trip to the United Arab Emirates (UAE). According to The Insider, a Russian independent publication online, Valentina Matviyenko said, "Immediately, a law on overall happiness!" “You know, I dream of creating and have even proposed that we create a Ministry of Happiness in Russia.

Dubai’s Virtual Asset Regulatory Authority (VARA) has set a new deadline for all crypto-related businesses to clear their licensing papers.

India is looking at ways such as free trade agreements to enable domestic MSMEs to participate in public procurement of different countries, Commerce Secretary Sunil Barthwal said on Monday.

Dalal Street, Mish Designs shares listed on the BSE SME exchange today at ₹160 per share levels, which is 31 per cent higher from the issue price. The BSE SME issue was offereed at a fixed price of ₹122 apiece. After listing at ₹160 per share levels, Mish Designs share price further went upside and hit intraday high of ₹165 per share within few minutes of stock listing.

meat and dairy producers increased further this year, highlighting the urgent need for the food industry to clean its practices and help prevent global warming. Disclosed emissions from the world’s 20 largest publicly-listed meat and dairy companies rose 3.3% from 2022 levels, according to a report by investor network FAIRR Initiative. Its analysis includes companies like Hormel Foods Corp. and China’s New Hope Liuhe Co., which supply household names like Walmart Inc.

«Good exchange of perspectives with President @raisi_com of Iran on the difficult situation in West Asia and the Israel-Hamas conflict. Terrorist incidents, violence and loss of civilian lives are serious concerns.

DUBAI (Reuters) — Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum approved a budget of 246.6 billion dirham ($67.14 billion) for the emirate's government in 2024-2026, the Dubai media office said on Monday.

The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the various investments and initiatives in the emerging technology may have resulted in some of them failing.

Assocham will host a series of B2B meetings with a high-level delegation from UAE's Sharjah Airport International Free (SAIF) Zone. The meetings, themed 'Expanding Your Business Globally with SAIF Zone', are scheduled to take place on November 7-8 in Chandigarh, a release said here on Sunday.

(Reuters) — Uruguay's interior minister and two other members of the government resigned on Saturday over a case that has already prompted the foreign minister to quit, involving a passport issued to an internationally wanted drug-trafficking suspect.

Associated Press (AP).Check all the Israel-Gaza war LIVE Updates here. The Israeli Foreign Ministry has criticised Turkish President Recep Tayyip Erdogan for his stance in the raging war between Israel and Hamas, following Turkey's announcement of the recall of its ambassador to Israel, The Times of Israel reported.The ministry accused Erdogan of aligning with the Gaza-based terror group, Hamas.In a statement, the Israeli Foreign Ministry defended Israel's military operations in Gaza as a "war of self-defence" and described Hamas as "the true enemy of the Palestinian people."Erdogan said Saturday that Turkey has "crossed out" Israeli leader Benjamin Netanyahu and will strive to bring Israel before the International Criminal Court for its actions in Gaza, CNN reported, citing Turkish state media outlet Anadolu. (ANI)Israeli Defence Minister Yoav Gallant has vowed that the Israeli forces will get to Hamas Gaza chief Yahya Sinwar and eliminate him, Times of Israel reported on Saturday.He has said that the forces are prepared to fight until victory "as long as it takes".After touring the northern border and in the south in the past two days, Gallant said that he was told by reserve soldiers that they are prepared "to fight until victory" and for as long as it takes.

Antony Blinken on Saturday to secure an immediate ceasefire in Gaza, hours after Palestinians said an Israeli air strike killed at least 15 people in a U.N.-run school being used as a shelter. In a rare open display of disagreement, the top U.S. diplomat pushed back as he stood next to his Jordanian and Egyptian counterparts at a news conference, saying a ceasefire would only let Hamas regroup and launch more attacks on Israel. Blinken met the Saudi, Qatari, Emirati, Egyptian and Jordanian foreign ministers in Amman four weeks after Hamas fighters burst over the border into Israel, killing 1,400 people and taking more than 240 people hostage. Israel has since struck Gaza from the air, imposed a siege and launched a ground assault, stirring global alarm at humanitarian conditions in the enclave and, Gaza health officials said on Saturday, killing more than 9,488 Palestinians. «Right now we have to make sure that this war stops,» Jordanian Foreign Minister Ayman Safadi told the news conference. Blinken said all were agreed on the need for peace and that the current status quo in Gaza cold not hold, but he acknowledged there were differences between Washington, which has called only for pauses to led aid into Gaza, and its allies. «A ceasefire now would simply leave Hamas in place, able to regroup and repeat what it did on Oct.