UAE

PhonePe secures UAE payments licences, plans Aani, Jaywan support

The fintech major has received in-principle approval for two UAE payments licences and plans to support domestic payment rails Aani and Jaywan ahead of its commercial launch

Updated On: 22 Sep 2026 | 4:11 PM IST

PhonePe receives initial UAE central bank nod for payment licenses

PhonePe has received in-principle approval from the UAE central bank for two licences covering retail payments, card schemes and stored-value facilities

Updated On: 22 Sep 2026 | 12:48 PM IST

AWS unable to restore access to Bahrain, UAE cloud zone hit in Iran war

Amazon's cloud computing unit AWS said the damage in Bahrain ‌spanned multiple so-called availability zones, which are clusters of one ​or more data centres in the same geographic region

Updated On: 16 Sep 2026 | 11:48 AM IST

Iranian President Pezeshkian meets Abu Dhabi Crown Prince in Delhi

Iranian President Masoud Pezeshkian held talks with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan in New Delhi on the sidelines of the BRICS summit on Saturday. The meeting assumed significance as relations between the two sides came under severe strain after Iran targeted many US bases in the UAE in the last few months as part of its retaliation to the US attacks on Iranian installations. "Iranian President Masoud Pezeshkian met with UAE Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan on the sidelines of the BRICS Summit," the Iranian embassy said on social media. The meeting came amid reports about Iran's plans Iran to meet members of the Gulf Cooperation Council (GCC) and Iraq in Oman on September 14 to discuss an agreement on transit through the Strait of Hormuz. It will be the first such meeting since the start of the West Asia conflict.

Updated On: 12 Sep 2026 | 11:29 PM IST

India, UAE review trade and investment ties, discuss new projects

India and the United Arab Emirates (UAE) on Saturday explored ways to shore up trade and investment ties with Prime Minister Narendra Modi and Abu Dhabi Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan reviewing the trajectory of bilateral relations. The two leaders met on the margins of the BRICS summit. The meeting came against the backdrop of sudden spike in tensions amid the West Asia conflict. "Discussed taking our Strategic Partnership forward across defence, AI, space, critical minerals, energy, food security and connectivity," Modi said in a social media post. "At a time of uncertainty in West Asia, a strong India-UAE is a symbol of stability, prosperity and peace," he added. In the trade domain, the two sides discussed ramping up investments by Emirati entities, including by the new sovereign fund L'Imad. The two leaders acknowledged the role that L'Imad, the UAE's newest sovereign investment fund, can play in deepening the bilateral partnership, the Ministry of Exter

Updated On: 12 Sep 2026 | 11:12 PM IST

Algeria severs diplomatic ties with UAE, citing 'hostile' actions

The move came "in light of increasing provocative and hostile actions emanating" from the Persian Gulf state, Algeria's Foreign Ministry said in a statement on Thursday, without elaborating.

Updated On: 11 Sep 2026 | 6:59 PM IST

PhonePe to launch UAE operations in its first international market foray

The fintech major has secured two licences from the Central Bank of the UAE to offer consumer payment instruments and e-payment acceptance infrastructure to merchants.

Updated On: 09 Sep 2026 | 10:44 PM IST

Madhya Pradesh seeks investments from Russia, Ethiopia, UAE at Dubai meet

Chief Minister Mohan Yadav held talks with leaders from Tatarstan, Ethiopia and the UAE, seeking investments and inviting them to the Global Investors Summit 2027

Updated On: 07 Sep 2026 | 7:23 PM IST

Nalco ties up with UAE's EGA for aluminium smelter expansion in Odisha

The technology licensing agreement will enable Nalco to deploy EGA's DX+ Ultra smelting technology for its proposed 0.5 mtpa brownfield expansion in Odisha

Updated On: 07 Sep 2026 | 5:56 PM IST

UAE intercepts Iranian drone over territorial waters after US strikes

The United Arab Emirates' air force intercepted an Iranian drone over its territorial waters Monday, the Defense Ministry said, an attack that comes after the US and Iran exchanged fire on the weekend, the first significant military action in a month. In a short statement, the Defence Ministry said it "dealt with" an Iranian drone that was detected over its waters approaching from Iran. There were no immediate claims of responsibility from Tehran nor any reports of damage. The UAE Defence Ministry later issued a second statement denying the Al Menhad Air Base in Dubai had been targeted by Iranian missiles, as had been reported by Iranian media outlets. The incident came after US forces on Sunday struck Iranian rocket launchers on an Iranian island, breaking a lull in fighting in the war that has lasted more than six months. Iran responded by launching missiles at US sites in Jordan, which were intercepted. Early Monday, Iran's Foreign Ministry said that Iran would "not hesitate to

Updated On: 31 Aug 2026 | 3:09 PM IST

The big BIT reset: Why India is rethinking its investment treaty model

Recent treaties with the UAE and Israel point to shorter arbitration timelines and broader investment protection, even as India retains regulatory safeguards in sensitive areas

Updated On: 23 Aug 2026 | 10:02 PM IST

China says Donald Trump's economic warfare won't solve Iran crisis

China was Iran's 2nd-largest trading partner in 2025, behind the UAE, which this week cut all economic ties with Tehran after accusing it of firing ballistic missiles at UAE's territory

Updated On: 20 Aug 2026 | 5:50 PM IST

Urban Company taps Unicommerce to expand operations in UAE, Saudi Arabia

Unicommerce said that Urban Company's arm in West Asia will leverage its flagship platform, Uniware, to manage inventory and fulfilment operations supporting its at-home service ecosystem

Updated On: 20 Aug 2026 | 12:10 PM IST

UAE suspends trade ties with Iran after missile launch: Key developments

Abu Dhabi has halted economic engagements with Tehran after detecting two ballistic missiles launched from Iran, as tensions over the Strait of Hormuz escalate the regional crisis

Updated On: 19 Aug 2026 | 9:53 AM IST

Saudi Arabia tightens anti-crime oversight on UAE-bound bank transfers

Six businesspeople told Reuters their companies have had transfers in various currencies delayed or returned by Saudi banks with no official explanation.

Updated On: 18 Aug 2026 | 7:29 PM IST

2 UAE oil tankers attacked while sailing through Strait of Hormuz

The United Arab Emirates is blaming Iran for firing drones at two tankers operated by a state-owned oil company as they sailed through the Strait of Hormuz, saying Friday that the attacks were acts of piracy. The attacks caused no casualties but underlined the dangers faced by vessels seeking to move cargo through the critical waterway that leads from the Persian Gulf to the open oceans as Iran keeps a firm grip on the passage. Here's a look at the latest developments in the Iran war and the wider Middle East. Full coverage can be found here. 2 oil tankers hit by drones as they transited Strait of Hormuz ---------------------------------------------------------------------- Two tankers owned by Abu Dhabi's state-owned oil and gas company ADNOC were attacked Thursday evening while transiting the Strait of Hormuz, the company said. It added that the attack caused no injuries and that "the situation has been brought under control." The British military's United Kingdom Maritime Trade

Updated On: 14 Aug 2026 | 6:51 PM IST

NCB secures return of fugitive drug kingpin Virender Singh Basoya from UAE

Union Home Minister Amit Shah on Friday said the Narcotics Control Bureau has secured the return of fugitive drug kingpin Virender Singh Basoya from the UAE. "Modi govt is relentlessly tracking down drug traffickers hiding abroad and destroying their entire ecosystem with a ruthless approach," the Home Minister said in a post on X. He said the Narcotics Control Bureau (NCB) secured the return of Basoya from the UAE creating a "new milestone" in the policy of zero tolerance against narcotics, "By tracing the criminal through a top-to-bottom and bottom-to-top approach, our agencies have once again proven that no matter where drug traffickers hide, they cannot escape the long arm of Indian law," he said. Basoya is accused of being the mastermind of an international drug syndicate.

Updated On: 14 Aug 2026 | 10:28 AM IST

Abu Dhabi offers free UAE visas to Indian tourists: Who is eligible

Abu Dhabi’s Department of Culture and Tourism (DCT) has launched a three-month scheme offering complimentary UAE entry visas to eligible India.

Updated On: 11 Aug 2026 | 7:51 PM IST
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Indian tourists can get free UAE visas under new Abu Dhabi DCT scheme

The three-month pilot will support up to 20,000 visas for Indian passport holders booking a minimum three-night stay in the UAE between August 1 and October 31

Updated On: 10 Aug 2026 | 4:06 PM IST

UAE blames Iran after its oil company's vessel attacked in Hormuz

A vessel owned by Abu Dhabi's state-owned ADNOC oil and gas company was attacked while transiting the Strait of Hormuz, Emirati authorities said. The Foreign Ministry said Iran fired the missile as part of attacks on commercial shipping. ADNOC said in a statement that there were no casualties following the attack early Saturday. The company said over a dozen of its vessels have been attacked by missiles and drones while passing through the strait since the United States and Israel launched the war on Iran in February. One crew member has been killed and 20 others wounded, it said. ADNOC didn't elaborate on where the attack took place or on any damage. Later, the United Kingdom Maritime Trade Operations Centre said a vessel east of the town of Khasab, Oman, had been struck by a projectile that caused a fire that was put out, with the vessel and crew safe. It was not immediately clear whether this was the ADNOC incident. Iran and Oman, on the other side of the strait, have been ...

Updated On: 08 Aug 2026 | 8:46 PM IST