Page 19 - Uae

India, UAE, US, Saudi cooperation aims to do good in region: UNSC president

The meeting of top security officials of India, the UAE, Saudi Arabia and the US is a partnership to "buttress the multilateral system" and "do good in the region," according to President

UAE space agency plans to explore asteroid belt between Mars & Jupiter

In 2034, the mission aims to touch down upon Justitia, also known as the red asteroid. Justitia and Chimaera are around 50 kilometres in diameter, with the remaining asteroids less than 10 km

India emerges as key source country for FDI into Dubai, says report

India has emerged as a key source country for Foreign Direct Investment (FDI) in Dubai, one of the wealthiest of the seven emirates in the United Arab Emirates, according to a report released on Monday. It ranked among the top five source countries for announced FDI projects and estimated FDI capital, according to a report released by "fDi Markets', a service from UK's Financial Times Ltd. With 77.5 per cent of greenfield projects, the top sectors by FDI projects from India into Dubai in 2022 were software & IT services (32 per cent), business services (19 per cent), consumer products (9 per cent), real estate (6 per cent), and financial services (5 per cent). Meanwhile, the top sectors by FDI capital from India into Dubai in 2022 were consumer products (28 per cent), software & IT services (20 per cent), communications (19 per cent), pharmaceuticals (8 per cent), and business services (8 per cent). Apart from maintaining its first rank as a destination city for FDI from ...

World Bank expects UAE's non-oil economy to expand by 4.8% in 2023

World Bank has projected that real GDP of UAE will grow by 2.8% in 2023, as non-oil sector is expected to achieve strong growth of 4.8%, driven by robust domestic demand

UAE: SCC approves draft laws for Aviation Department, Airport Authority

SCC during its fourteenth session of its regular fourth legislative term at its headquarters in Sharjah, approved draft laws for Sharjah Civil Aviation Department

Andhra CM Reddy, UAE envoy explore investment opportunities in state

The United Arab Emirates' Ambassador to India, Abdulnasser Alshaali, called on Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Monday and explored investment opportunities in the state. The UAE ambassador explained to the Chief Minister about the Gulf country's interest in sectors such as food parks, food processing units, tourism, hospitality, green hydrogen, ports, petrochemical complexes and infrastructure development. According to Alshaali, UAE considers Andhra Pradesh to be a lead state for investment, a press note shared by the state government on Monday said. CM Reddy promised the UAE Ambassador any kind of assistance and cooperation, including explaining the state's "transparent policies". He also told Alshaali that the state offered well-trained human resources as well as infrastructure. The envoy and the CM also deliberated on the steps being taken by the state government on issues already discussed during an investment conference.

India's exports to UAE likely to grow by 60% to $50 billion by 2026-27

Under the free trade agreement domestic exporters in various sectors like textiles, agriculture, dry fruits, gems and jewellery are getting duty-free access to the UAE market

Ahead of Arabian Travel Market, Abu Dhabi targets 24 mn visitors by 2023

The emirate received a total of 18 million visitors representing a 13% increase from the previous year

UAE, Morocco review strengthening financial, economic cooperation

Al Hussaini reaffirmed the UAE's keenness to further strengthen bilateral relations with the Kingdom of Morocco to include all vital and priority sectors

UAE's Sultan Al-Neyadi becomes first Arab astronaut to complete spacewalk

UAE astronaut Sultan Al-Neyadi has become the first Arab to undertake a spacewalk during Expedition 69 venturing out of the International Space Station (ISS) and completing his spacewalk. The historic spacewalk lasted 7.01 hours in the vacuum of space on the starboard side of the ISS's truss structure, accomplishing two key objectives. One of the objectives of the Extravehicular Activity (EVA), undertaken by Al-Neyadi along with NASA Flight Engineer Stephen Bowen, was to work on a series of preparatory tasks which involved routing power cables, which was successfully concluded. These cable works were completed as a precursor to the installation of the Space Station's fourth roll-out solar array, known as the International Space Station Roll-Out Solar Array (iROSA), which is scheduled to be delivered on the upcoming SpaceX Dragon cargo mission. The next objective was to retrieve a crucial Radio Frequency Group (RFG) unit. This communications antenna, or RFG will stay bolted on the .

Vijayan meets envoys of UAE, Vietnam at Kerala House in Delhi

Kerala Chief Minister Pinarayi Vijayan on Friday met the Ambassadors of UAE and Vietnam to India and held discussions with them in New Delhi. The CM met Abdulnasser Alshaali and Nguyen Thanh Hai respectively at Kerala House in the national capital, a CMO statement here said. The discussions were held with regard to improving the foreign countries' relationship with the southern state, it said. Chief Secretary V P Joy and Officer on Special Duty Venu Rajamony were present during the meeting, it said. Vijayan had also met Ambassador of Argentina in India, Hugo Javier Gobbi on Thursday. During the meeting, the envoy had presented the Kerala CM with an Argentinian football jersey in the presence of well-known footballer from the state I M Vijayan, a CMO statement added.

Shrinking engineering exports to UAE, China led to overall dip in FY23

The decline was a direct result of depressed global demand, especially in the metals sector

India coordinating with US, UK, Saudi and UAE on safety of Indians in Sudan

India is coordinating closely with various countries to ensure the safety and security of Indian nationals in violence-hit Sudan, government sources said on Wednesday. They said the ground situation in that country is very tense and movement of people is very risky at this stage. Sudan has been witnessing deadly fighting between the country's army and a paramilitary group for the last six days that has reportedly left around 100 people dead. The sources said India's priority is safety of movement and well being of individuals wherever they are located. They said that the Quartet countries of the US, the UK, Saudi Arabia and the United Arab Emirates (UAE) have a key role in Sudan and India is engaging them accordingly. External Affairs Minister S Jaishankar has already spoken to his counterparts in Saudi Arabia and the UAE. The sources said both the foreign ministers assured Jaishankar of their practical support on the ground. India is also working with the UN, which has a substa

UAE expresses concern over developments in Sudan, calls for calm, restraint

The UAE has called upon all concerned parties in Sudan to exercise restraint, and to de-escalate and work towards ending this crisis through dialogue

Pak Army chief played role in securing funds from Saudi, UAE: PM Sharif

Pakistan's Prime Minister Shehbaz Sharif on Saturday disclosed that Army Chief General Asim Munir played a role in securing funds from Saudi Arabia and the UAE -- a pre-condition by the IMF to seal a bailout deal with the cash-strapped nation. Addressing a ceremony here, Sharif also expressed hope that now the IMF will not delay in reaching an agreement for USD 1.1 billion sought by Pakistan. "Chief of Army Staff General Asim Munir has contributed to the government's efforts to secure funds from Saudi Arabia and the UAE," Sharif said. Debt-ridden Pakistan and the IMF have failed to reach a staff-level agreement on the much-needed USD 1.1 billion bailout package aimed at preventing the country from going bankrupt. The funds are part of a USD 6.5 billion bailout package the IMF approved in 2019, which analysts say is critical if Pakistan is to avoid defaulting on external debt obligations. Earlier, the Pakistani Army had announced that Gen.

UAE assures Pakistan of $1-billion loan to revive IMF relief deal

Pakistan is tackling a major economic crisis as it awaits a much-needed $1.1 billion tranche of funding from the Washington-based International Monetary Fund

Pakistan says UAE assures $1 billion loan to help revive IMF deal

Pakistan is going through one of its biggest economic crisis ever as multiple delays in its loan program created a dollar shortage, import restrictions and reduced forex

EAM Jaishankar joins Iftar hosted by UAE Ambassador Abdulnasser Alshaali

External Affairs Minister S Jaishankar on Saturday joined Iftar hosted by UAE Ambassador Abdulnasser Alshaali in the holy month of Ramzan.

Travel advisory issued against Marburg virus in Equatorial Guinea, Tanzania

The disease is passed on to people from fruit bats and is from the same virus family responsible for the deadly Ebola

India falls 6 spots to rank 144 in Passport Index 2023: All you must know

The sharp fall in India's ranking has been attributed to the change in European Union's policy