Page 8 - Dubai

Dubai's traditional gold shops take a hit as record prices deter buyers

The most affected were the gold brick shops, with workers at three locations saying sales are down by half

Dal with 24-carat gold dust: Video goes viral at Ranveer Brar's restaurant

A video of Dal with a 24-carat gold tadka goes viral on Instagram from Celebrity chef Ranveer Brar's Dubai-based restaurant, 'Kashkan'

Life protection plan for Indian blue-collar workers unveiled in the UAE

India's consulate in Dubai has unveiled a new insurance package for blue-collar Indian workers to provide financial benefits to the kin of the deceased in case of natural and accidental deaths. The Consulate General of India in Dubai facilitated meetings between major companies recruiting Indian blue-collar workers and insurance service providers to arrive at a package which could cover natural and accidental deaths of the workers in the UAE, a press release said on Tuesday. The press release said that the move came after it was "noticed that most companies are insuring their employees under Health Insurance and Workers' Compensation [work-related injuries & deaths]." "However, there is no mandatory insurance coverage for the natural death of employees, and hence the legal heirs/dependents of the deceased do not receive any compensation in cases of natural death," it said. Insurance providers Gargash Insurance Services LLC and Orient Insurance PJSC agreed to issue a Life ...

Nasscom to bring 15 top-tier tech startups delegation to UAE next week

India's National Association of Software and Service Companies (NASSCOM) will bring a delegation of 15 top-tier start-ups to participate in a Pitching and Networking Session for the Start-Ups in the UAE next week. The delegation would participate in the exclusive Pitching and Networking Session for the Start-Ups to be organised by the Consulate General of India in Dubai on March 11 and 12, officials said. The Start-Up delegation comprises sectors such as artificial intelligence, big data and analytics, electrochemistry, materials, and renewable energy, among others. NASSCOM is the apex body for the technology industry in India, an industry that has made a phenomenal contribution to India's GDP, exports, employment, infrastructure, and global visibility. The Elevate Pitching Series aims to provide a platform for Start-Ups to pitch their ideas to investors and business partners based in the Middle East and other countries, officials said.

Dubai's 5-yr multiple-entry tourist visa for Indians: What it means, how it works

The visa is to be issued within a period of 2 working days upon receipt and acceptance of the application

FedEx Express inaugurates regional hub at Dubai World Central Airport

New York Stock Exchange-listed FedEx Corp subsidiary FedEx Express on Tuesday announced the official inauguration of its regional hub at Dubai airport which would help it provide a greater foothold in the Middle East, Indian Subcontinent and Africa markets. This new FedEx regional hub at Dubai World Central Airport marks a long-term investment of more than USD 350 million, focusing on infrastructure, and technological advancements, the company said in a statement. The investment in the new hub further enhances India's connectivity to the rest of the world through the UAE, and forms an integral component of the region's logistics ecosystem, the company said. The 57,000 sq m facility incorporates advanced technologies that include automated sort systems that enhance the efficiency, accuracy, and speed of package processing and distribution from the facility, FedEx said. The hub also has two automated high-speed x-ray machines along with a dedicated 170 sq. m cold storage area to cat

UAE poised to exit global watchdog FATF's 'grey list' after reform push

The UAE is expected to come off the list on Feb. 23, which is the final day of the FATF plenary in Paris, the people said. No final decisions have been made

With 11.9 mn arrivals, India tops list for number of passengers in Dubai

India emerged at the top spot for the highest number of passengers flying through the Dubai International Airport, the world's busiest for international travel, with traffic totalling 11.9 million guests, the airport announced on Monday. According to a statement, the Dubai airport, known as DXB, surpassed not only its own yearly forecast but also pre-pandemic levels of traffic. In 2023, DXB witnessed a surge in passenger numbers, reaching 86.9 million passengers (86,994,365), an impressive year-on-year increase of 31.7 per cent. It was just under a per cent higher than the passenger numbers recorded in 2019 (86.4 million), the numbers were driven by robust growth in the second half of the year during which the airport recorded a total of 45.4 million guests. With 7.8 million guests, December was the busiest month in the fourth quarter during which the airport welcomed a total of 22.4 million guests, a year-on-year growth of 13.8 per cent compared to Q4 of last year. Q3 remained the

Dubai's popular golden visas helping city defy global office slump

Policymakers wanted to help Dubai shed its reputation of being a transient city by attracting expatriates and encouraging some of them to set up businesses

WATCH: PM Modi, UAE President introduce RuPay card in Abu Dhabi

Prime Minister Narendra Modi is on a two-nation visit to the UAE and Qatar, beginning Tuesday. This is his seventh visit to the UAE since assuming the office in 2014

L&T's construction arm bags order to set up solar power plant in Dubai

Larsen and Toubro (L&T) on Tuesday said it has bagged a project to set up a solar power plant in Dubai. The order has been bagged by the renewable engineering, procurement, and construction (EPC) arm of L&T's power transmission and distribution business. The project involves setting up a "solar photovoltaic plant in Dubai, the United Arab Emirates," the company said in a filing to BSE. "We are committed to bringing in our innovative renewable energy solutions and project management expertise to speed up energy transition in the region which is pursuing economic development combined with sustainable practices," T Madhava Das, Whole-Time Director and Senior Executive Vice President (Utilities), L&T said. L&T is a USD 23 billion Indian multinational engaged in EPC projects, hi-tech manufacturing and services.

Mercedes-branded $1 billion tower is Dubai's latest bet on super rich

Last year, Binghatti broke ground on a tie-up with Bugatti Automobiles SAS on a project that will include elevators to transport cars to penthouses

Novac Technology mulls expansion of footprint to Africa; expects 20% growth

This development follows Novac Technology Solutions' recent foray into Dubai through the establishment of its new subsidiary, Novac GT Technologies LLCN

TMS Ep599: Apple in 2024, Indian FDI in Dubai, LargeCap MFs, EAEU

Will 2024 bring relief for Apple? What is driving increased Indian FDI into Dubai? Will large-cap MFs find their mojo back in 2024? What is the Eurasian Economic Union? All answers here

DGCA probes A-I plane hard landing at Dubai in Dec; airline derosters pilot

Aviation watchdog DGCA is probing the hard landing of an Air India A320 neo aircraft in Dubai last month, an incident in which the airline has derostered the pilot, officials said on Monday. The aircraft that operated a flight from Kochi to Dubai made a hard landing in Dubai on December 20 and the plane remained grounded there for almost a week, a senior DGCA official said. Air India said it has initiated a probe into the incident and the pilot concerned has been derostered pending investigation. The Directorate General of Civil Aviation (DGCA) is probing the incident, the official said and added that the aircraft concerned returned to Mumbai on December 27, according to the official. Details about the number of passengers onboard and whether any one was injured could not be immediately ascertained. An Air India spokesperson said an investigation has already been initiated as per DGCA norms into the incident. "The pilot was appropriately trained and licensed to fly the aircraft.

Odisha's Nandankanan zoo to get cheetahs, lions, birds from Dubai

Nandankanan Zoological Park (NZP) in Bhubaneswar is set to receive a pair of cheetahs, six lions, chimpanzees, lemurs, and other animals and birds from Dubai next month, according to an official. The animals will be brought in through an animal exchange programme, said Susanta Nanda, the principal chief conservator of forests (wildlife), during a press conference on Wednesday. Zoo officials have signed an agreement with Dubai Safari Park in the United Arab Emirates to bring these exotic animals and birds through the exchange programme. According to the zoo authorities, a male and female cheetah will be exchanged for five Manipur brow-antlered deer, consisting of two males and three females. The official also mentioned plans to bring four white lions (one male and three females), as well as two African lions (one male and one female). Additionally, two chimpanzees, five ring-tailed lemurs, three red-necked wallabies, eight Hamadryas baboons, seven African grey parrots, and five blu

Halted plane carrying Indians to take off from France on Monday for India

A plane carrying 303 passengers, mostly Indians, is expected to take off on Monday morning for India, three days after they were detained by the French authorities at an airport near Paris over suspected "human trafficking", according to a local media report. The Nicaragua-bound flight that took off from Dubai in the United Arab Emirates carrying 303 passengers was grounded at the Vatry airport, 150 km east of Paris, on Thursday over suspected "human trafficking". On Sunday, the French authorities allowed the A340 aircraft, operated by Romanian company Legend Airlines, to resume its journey. The plane is expected to take off Monday morning at around 10 am (local time), the lawyer for the airline, Liliana Bakayoko, was quoted as saying by BFM TV, a French news broadcast television and radio network. The plane is likely to take off towards Mumbai in India, the country from which the passengers, potentially victims of human trafficking, originate, it said. "We are very relieved, we w

Adaptation fails to get limelight at mitigation-focused COP28 summit

'A transition away from fossil fuels'. The decision was lauded, but what lies ahead?

An uneasy climate alliance

It looks like the global energy transition will depend on how well policymakers can cooperate and influence legacy sectors

Mahadev app case: Actor Sahil Khan, 3 others summoned for questioning today

In the Mahadev betting app case, there are allegations of fraud of 15,000 crore rupees along with match-fixing, illegal hawala, and cryptocurrency transactions