Page 13 - Uae

NPCI Int'l to develop UAE's domestic card scheme in partnership deal

Scheduled to launch in early 2024, the DCS will aim to facilitate the growth of e-commerce and digital transactions in the United Arab Emirates

EAM Jaishankar speaks to UAE counterpart, discusses 'crisis' in West Asia

External Affairs Minister S Jaishankar on Wednesday spoke to his counterpart from the UAE Sheikh Abdullah bin Zayed Al Nahyan and discussed the "crisis" in West Asia triggered by the attacks on Israel by Hamas militants and Tel Aviv's counter offensive. Jaishankar is currently on a visit to Sri Lanka. "Spoke to Foreign Minister @ABZayed of UAE this evening. Discussed the ongoing crisis in West Asia. Agreed to stay in touch," the External Affairs Minister said in a post on X. The multi-pronged attacks against Israel by Hamas militants from Gaza since Saturday and the subsequent Israeli retaliation have left over 1,200 people dead triggering mounting global concerns. On Tuesday, Prime Minister Narendra Modi told his Israeli counterpart Benjamin Netanyahu that people of India stand firmly with his country in this difficult hour, expressing strong and unequivocal condemnation of terrorism in all its forms and manifestations. Netanyahu called up Modi to update him on the ongoing situat

Israel-Hamas conflict: Cloud over India-Middle East corridor project

The project was also believed to be one of the icebreakers in the relationship between the Kingdom of Saudi Arabia and Israel

Huge demand for Indian chicken, basmati rice in Middle East: UAE industry

Seeking Indian government support for imports, the UAE food industry said that huge demand is there in the Middle East countries for chicken, dairy, basmati rice, frozen marine goods and wheat products from New Delhi. The UAE industry has sought the support of the Indian government in smooth certification processes, more coordination with Agricultural & Processed Food Products Export Development Authority (APEDA), and harmonisation of standards. They also said that high quality packaging of Indian products would help boost New Delhi players to increase exports of food and food products in countries like Bahrain, Kuwait, the Sultanate of Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE). Commerce and Industry Minister Piyush Goyal, who was in the UAE, last week held detailed discussions with these importers and discussed ways to increase exports from India. "There is huge scope for India to export frozen products in these countries," Global Food Industries LLC Head of ...

Looking at expanding rupee-dirham trade, says Piyush Goyal in UAE

Goyal added that trade in domestic currencies will help save at least 5 per cent on all trade between the two countries

Russia surpasses UAE as India's top naphtha supplier amid discounts

The LSEG showed India imported about 670,000 tonnes of naphtha from the UAE in January to September, down from around 726,000 tonnes in the same period last year

Piyush Goyal to co-chair 11th India-UAE high-level joint task force meeting

The UAE delegation will be led by Sheikh Hamed bin Zayed Al Nahyan, a Member of the Executive Council of the Emirate of Abu Dhabi

Oil, industrial firms to commit to decarbonisation at COP28: UAE's Jaber

Jaber did not disclose further details of the measures that had been agreed or identify the executives, but said those who had signed up would be named upon completion of the commitment

India exporting 75,000 tonnes non-basmati white rice to UAE via NCEL

The government on Monday cleared exports of 75,000 tonnes of non-basmati white rice to the UAE through National Cooperative Exports Ltd (NCEL). Though there is a ban on rice exports, India is shipping rice to friendly and neighbouring countries on their request to meet their food security demands. "Export of 75,000 MT of Non-Basmati White Rice (under HS code 1006 30 90) to UAE is permitted through NCEL, the Directorate General of Foreign Trade (DGFT) said in a notification. Earlier, the government permitted the export of broken rice to Senegal (5 lakh tonnes), Gambia (5 lakh tonnes), Indonesia (2 lakh tonnes), Mali (1 lakh tonnes), and Bhutan (48,804 tonnes). The government has also allowed exports of non-basmati rice to Bhutan (79,000 tonnes), Mauritius (14,000 tonnes) and Singapore (50,000 tonnes) through the NCEL. On September 9 last year, the government banned the export of broken rice to check rising retail prices and boost domestic supply. On July 20, it banned exports of .

India wins bid to host international conference on cement in 2027

India has won the bid to host the International Congress on the Chemistry of Cement (ICCC) here in 2027, where global leaders, academicians, and professionals would deliberate on progress of research in this sector, an official statement said. The bid was won against UAE and Switzerland. The department for promotion of industry and internal trade (DPIIT) said that India's leading research and academic institutes, National Council for Cement and Building Materials (NCCBM) along with IIT Delhi successfully presented India's bid before the steering committee members of the conference during the ongoing 16th ICCC at Bangkok, Thailand. "The decision was announced on September 20, 2023 at Bangkok," it said. The conference is the largest event of its kind which reviews the progress of research in the area of cement and concrete, it added. The gathering has been held generally at intervals of four to six years since 1918. Last time it was held in 1992 in the national capital. "This even

First Abu Dhabi Bank announces strategic pathway partnership with COP28

FAB's COP28 partnership is an integral part of the UAE's vision to support a sustainable future, the bank's broader growth strategy and its sustainability priorities

Aditya Birla launches Louis Philippe in UAE to expand presence in ME region

Louis Philippe, a premium menswear brand owned by the Aditya Birla Group, has forayed into the Middle East region with the opening of the brand's newest outlet in the UAE. Besides, Aditya Birla Fashion and Retail Ltd (ABFRL) plans to increase its retail footprint by launching several additional Exclusive Brand Outlets (EBOs) of its brands throughout the Middle East in the near future, Jacob John, company's President - Premium Brands, said. Its 2,000-square-feet store EBO offers a wide range of formal and semi-formal apparel and accessories that encapsulate the essence of elegant wear. John said it is a significant milestone for the company. "We are convinced that the brand will create an equally powerful impression in the UAE as the state boasts numerous promising shopping destinations, and we are excited about our growth prospects here. "In the near future, we plan to increase our retail footprint by launching several additional Exclusive Brand Outlets of our brands throughout th

UAE's Etihad Airways names actress Katrina Kaif as brand ambassador

This is the second time in more than a decade the Gulf-based airline has collaborated with the Bollywood star

Startup20 to build momentum for entrepreneurship: Saudi Arabia Prince

India and the United Arab Emirates (UAE) have taken a step towards enhancing their bilateral ties by signing a memorandum of understanding (MoU) known as the "Startup20 Bridge"

Cabbie in Biden's motorcade drops off passenger at UAE President's hotel

The cab driver, during duty hours, picked up a regular customer and went to drop him off at Taj Mansingh, where the UAE President is staying

At G20 India, US, Saudi, UAE may join hands to connect West Asia with rail

The deal will also connect the rail network to India through shipping lanes from ports in the Gulf region

Thomas Cook, NPCI launch RuPay prepaid forex card for travellers to UAE

The Reserve Bank of India had in June allowed the banks to issue Rupay forex cards

Microsoft expands UAE's G42 partnership to include cloud, AI tools

"With data privacy, security, and compliance as our core priorities, we have a unique opportunity to help organizations responsibly innovate," Microsoft Chief Commercial Officer Judson Althoff said

UAE creates federal authority for commercial gaming as casinos flock nation

Casinos long have been rumoured to be considered as a way to raise money in the UAE and boost its tourism industry, particularly in Dubai, home to the long-haul airline Emirates

UAE space sector enhances global competitiveness, contributes to economy

The UAE has achieved continuous accomplishments in the space economy sector, which enhances its global competitiveness and contributes to diversifying its economy