Uae Financial News

13.08 / 04:57

Entertainment film Actor country star Jailer collection Day 3: Rajinikanth's film mints about ₹35 cr in India; likely to cross ₹250 cr worldwide on Day 4

₹35 crore net in India for all languages , according to early estimates available on Sacnilk.com. Speaking of the three days collections, the film has so far earned roughly ₹107.85 crore net in India. Speaking of estimates for Day 4, the report added that film may see collection of approximately ₹33.25 crore net in India for all languages.

13.08 / 03:37

Waters ICE Discover cover ‘Himalayas from space’: UAE astronaut shares stunning pictures from ISS | See Images

new research has recently discovered water droplets in mineral deposits that are believed to be from an ancient ocean that existed around 600 million years ago in the Himalayas. Scientists from the Indian Institute of Science (IISc) and Japan's Niigata University said this discovery suggests that there may have been a major oxygenation event in Earth's history.

12.08 / 19:25

FIVE Ripple Waters Aware Hawkins show Threat Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high

Western-backed maritime forces in the Middle East have warned shippers traveling through the strategic Strait of Hormuz to stay as far away from Iranian territorial waters as possible to avoid being seized

12.08 / 13:35

MET Cooper Stealth country Indian Indian Navy engages in bilateral naval exercise with UAE Navy

NEW DELHI: In a display of naval collaboration, two Indian naval ships, INS Visakhapatnam and INS Trikand, coordinated a bilateral Naval Maritime Partnership Exercise with the UAE Navy at Port Rashid, Dubai on August 8, the Ministry of Defence said. After two days of detailed planning, the two navies conducted the bilateral maritime partnership exercise, aimed to enhance the interoperability and synergy between the two navies by cross-training on tactics, techniques and procedures while developing stronger professional bonds.

12.08 / 10:11

UPS Waves Southern film performer 500 Rajinikanth's 'Jailer' movie has a sensational start, predicted to cross Rs 500 crore lifetime earnings

Superstar Rajinikanth's latest film, 'Jailer', is creating waves at the box office. Initial estimates projected the movie to earn over Rs 25 crore, but it has far exceeded expectations by raking in more than Rs 100 crore in just two days.

12.08 / 03:05

Cooper track country NOT BRICS is not aimed against anyone even in current geo-political scenario, says Russian Deputy envoy

Ahead of the BRICS summit on August 22-24 in South Africa, Russia on Friday stated that BRICS is not aimed against anyone even in current circumstances and it even does not confront the current international economic and financial institutions, rather it is designed to supplement them. Echoing India’s thoughts Russia also stated the concept of single BRICS currency needs further study indicating that it is not in favour of rushing into single currency.

10.08 / 13:43

UPS Mobile awards performer Ahead of 54th convocation, IIT Delhi sets milestones for upcoming year

Abu Dhabi and Jhajjar, flexibility in existing courses and overall wellness of students are the top focus areas for Indian Institute of Technology Delhi for next year, director Rangan Banerjee told ET. The revision in curriculum will see inclusion of sustainability and communication skills which would most likely have credits as part of the existing courses. «We are still deciding how to incorporate these relevant subjects,» Banerjee said on the sidelines of a pre-convocation press briefing.

10.08 / 09:47

Digital Mobile country RBI announces slew of measures to drive growth of UPI-based payments

RBI) Thursday announced a slew of measures to further propel the growth of UPI- based payments including the launch of conversational payments on UPI, allowing Near Field Communication (NFC) technology to facilitate offline transactions and enhancing limits on small-value payments. «As Artificial Intelligence (AI) is becoming increasingly integrated into the digital economy, conversational instructions hold immense potential in enhancing ease of use, and consequently reach, of the UPI system,» RBI Governor, Shaktikanata Das said in his post monetary policy statement.

10.08 / 07:11

UPS Provident country network International Payments firm Network International revenue, profit rise on strong demand

Payments firm Network International Holdings posted higher half-year revenue and profit on Thursday, buoyed by steady merchant wins and growth in its outsourced payments services business. Network International's home market the United Arab Emirates has clocked strong growth where consumer spending is high due to the region's robust tourism.

09.08 / 02:25

Reuters LGBT film Actor country social gay Iraq bans media from using term ‘homosexuality’

Iraq's official media regulator has directed all media and social media companies operating not to use the term “homosexuality". The Arab stated told to replace the word ‘homosexuality’ with ‘sexual deviance’, Reuters' report mentioned. The Iraqi Communications and Media Commission (CMC) said that the use of the term "gender" was also banned.

08.08 / 11:21

COST UPS Lowe's Yellow week Dubai gold price today: Rates in UAE slip to one-week lows

In global market, the weak trend continued with spot gold edging lower to $1,934.02 per ounce. Investors remained cautious ahead of Thursday's US inflation readings. The US dollar climbed higher after weaker Chinese trade data, putting pressure on the yellow metal.

08.08 / 06:39

Provident Booking Fighting film RAI show OMG 2 advance booking: Gadar 2 beats Akshay Kumar, Pankaj Tripathi starrer. Details here

₹80 lakhs gross. As per Koimoi.com, the Akshay Kumar starrer film has collected only 82 lakhs gross in its advance booking for Day 1. Comparing it with Gadar 2, trade analyst Taran Adarsh tweeted saying the advance ticket sales for the film sees 76,600 bookings for its inaugural day.

08.08 / 06:37

UPS Amazon CEO Apple Walmart reports Saudi oil giant Aramco reports $30B in profits, down nearly 40% from last year due to lower prices

Saudi state-run oil giant Aramco has made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous year

08.08 / 06:05

UPS Target Aware Platform show fall PB Fintech shares fall over 4% post Q1 earnings

PB Fintech, the parent of insurance platform Policybazaar and credit marketplace Paisabazaar, fell 4% to Rs 767 in Tuesday's trade after the company reported its June quarter earnings. The firm posted an operating profit and a significantly smaller net loss for the fiscal first quarter. Net loss for the quarter ended June 30 shrank to Rs 11.9 crore from Rs 204.3 crore a year earlier, even as operating revenue rose 32% to Rs 665.58 crore.

07.08 / 20:37

regulation IRS FTX Taxes creditors NOT FTX has a plan, but creditors are not impressed: Law Decoded

FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it to become operational as an offshore entity. However, a body representing FTX customers said it is “extremely disappointed” by the plan.

07.08 / 20:07

film Warner Bros country audience 'Barbie' movie’s Saudi Arabia and UAE release: All you may want to know

Barbie" in Saudi Arabia and the United Arab Emirates (UAE) is now confirmed, media reports said.

07.08 / 19:13

Blockchain Environment Deal UAE signs deal to develop carbon credit system on Venom Foundation blockchain

The United Arab Emirates Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary partnership with the Industrial Innovation Group and the Venom Foundation.

07.08 / 18:07

UPS Citi Waves Waters Extreme Apple country Drought Forces Spain to Source Drinking Water From the Sea

Nile Delta to floodgates that protect Venice, projects to keep the sea from swallowing the land are multiplying. Some scientists are beginning to consider ideas once dismissed as crackpot, such as damming the Strait of Gibraltar to keep sea levels in check. Much of the Mediterranean region has been in the grip of a fearsome heat wave in recent weeks, raising mortality rates and putting pressure on overstretched healthcare systems, with the elderly especially at risk.

07.08 / 17:23

Provident Citizens Fallout country cover Inheritance tax Does an NRI have to pay inheritance tax?

I am an NRI (non-resident Indian) living in the US for more than a decade. My mother died recently and I will inherit one of the immovable properties from her estate. Can I receive and hold immovable property in India, and if so, what are the tax implications on this? —Name withheld on request Under Fema (Foreign Exchange Management Act) regulations, an NRI can inherit immovable property situated in India from an Indian resident without the permission of the Reserve Bank of India.

07.08 / 14:01

UPS Amazon CEO Apple Walmart reports Saudi Arabian oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year

Saudi state-run oil giant Aramco made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous year

07.08 / 14:01

Lowe's Progressive rights Rights group denounces Tanzanian government for detaining critics and urges freedom of expression

An international human rights group has denounced Tanzania’s government for detaining critics and urged it to respect freedom of expression and the right to protest

breaking news about Uae

What is the current situation in Uae?

In Uae, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about Uae?

We publish in-depth coverage about the situation in Uae, based on information from official representatives.

What shapes the media agenda in Uae?

The news landscape of Uae is shaped by the region’s internal dynamics, reflecting its local way of life.