Emirates NBD is expected to buy around 26 per cent stake from institutional investors and then make an open offer for an additional 25 per cent, Mint reported
Underpinning the AI deal is an Emirati promise to invest a whopping $1.4 trillion on American soil over the next ten years, a pledge the Gulf nation has not broken down into specific projects
Union Minister of Commerce and Industry Piyush Goyal attended the launch of UPI in Doha, Qatar, marking another step in India's growing digital payments expansion abroad
The UAE has launched 4 new visit visas for AI, entertainment, events and cruise travellers, plus new rules for humanitarian cases, widows and family sponsorship
JK Foods' snack brand Fun Flips has entered the UAE market, in partnership with Lulu International group, one of the largest retail chains in the Middle East. Through Lulu's retail network, Fun Flips has already achieved strong initial penetration in the UAE and is now gearing up to expand in other GCC markets such as Saudi Arabia, Oman, and Bahrain, according to a joint statement. It has a 'long-term vision' of establishing a strong presence across the entire Gulf region, it added. Commenting on the development, Lulu Group International Chairman and Managing Director Yusuff Ali M A said: "With our wide customer base and retail presence, we believe Fun Flips will gain significant traction in the Gulf market." Chaitanya Singhania, CEO, JK Foods, said: "Lulu's unparalleled retail network and deep understanding of the consumer landscape make them an ideal partner for this journey.
A Babbar Khalsa International terrorist, involved in multiple heinous crimes, has been extradited from the UAE, said a top Punjab Police officer on Saturday. Parminder Singh alias Pindi, a close aide of foreign-based terrorists Harwinder Singh alias Rinda and Happy Passia, has been brought from Abu Dhabi in the UAE in close coordination with the central agencies, said Director General of Police Gaurav Yadav. Yadav said Pindi was involved in multiple heinous crimes, including petrol bomb attacks, violent assaults and extortions in Batala in Gurdaspur. In a post on X, Yadav said acting swiftly on a red corner notice (RCN) requested by the Batala police, a dedicated four-member team led by a senior police officer travelled to the UAE on September 24, coordinated with the Ministry of External Affairs and the UAE authorities. After completing all legal formalities, the police team successfully brought the accused back to face justice, said Yadav.
India and the UAE will review progress of bilateral trade pact, double taxation treaty and central Bank matters during the two-day visit of Commerce and Industry Minister Piyush Goyal to the gulf country, an official statement said on Wednesday. Goyal is visiting the United Arab Emirates (UAE) from 18-19 September to co-chair the 13th India-UAE High Level Task Force on Investments (HLJTFI), along with Sheikh Hamed bin Zayed Al Nahyan, Managing Director of the Abu Dhabi Investment Authority (ADIA). "The meeting will review progress on the India-UAE Comprehensive Economic Partnership Agreement (CEPA), the Double Taxation Treaty, and UAE-India Central Bank matters," the commerce and industry ministry said. Both sides will also explore opportunities for investment in key sectors, including maritime and space, that hold strong potential for growth, it added. During the visit, Goyal will also co-chair the UAE-India Business Council (UIBC) round-table with Thani bin Ahmed Al Zeyoudi, UAE
The partnership between US Middle East envoy Steve Witkoff and Sheikh Tahnoon of UAE's ruling family has evolved over the years, with the two sharing diplomatic ties as well as business partnerships
India is in "deep negotiations" to create 1 million homes in Australia and has reached out to the UAE for financial help on the same, Union Minister Piyush Goyal has said. Goyal, who handles the Commerce and Industry portfolio, pegged this as a USD 500 billion opportunity. "I am in deep negotiation with my counterpart in Australia to create 1 million homes. 1 million homes. Anybody wants to do the maths? A million homes in Australia would be at least USD 500 billion opportunity," Goyal said while speaking here over the weekend. He did not elaborate on details of the project, like the location in Australia, the exact spending by Canberra on it, or India's role in the project. Goyal said New Delhi is proposing to allow Indian workers to go to Australia, get trained on the necessary skill sets required to build homes as per local standards and create the housing. According to some reports, there is a mismatch between demand and supply in Australia, which is blamed for the high home .
French Montana and Dubai's Sheikha Mahra have taken their relationship to the next step, announcing their engagement after her much-talked-about divorce
Under President Mohamed bin Zayed's directives, the UAE is leading global efforts to deliver urgent land, air, and sea aid to Palestinians in Gaza amid severe humanitarian conditions
Scheduled for August-September, the series aims to provide competitive preparation before the Asia Cup, which takes place from September 9 to 28, also in the UAE.
Madhya Pradesh Chief Minister Mohan Yadav on late Sunday night said that his official visit to the UAE and Spain is set to create over 14,000 jobs in the state.Yadav stated that following the Madhya Pradesh Global Dialogue-2025, the state received investment proposals worth over Rs 11,119 crore.In a post on X, CM Yadav stated, "With the motto 'Make in India-Make in Madhya Pradesh,' investment proposals worth over Rs 11,119 crore have been received in all major sectors under the 'Madhya Pradesh Global Dialogue-2025' concluded in UAE and Spain. These will create more than 14,000 new employment opportunities in the state. After the visit to both nations, I reached Bhopal today and shared information with journalist friends.""In Madrid, Spain, the 'Invest in Madhya Pradesh - Business Forum' was held, where discussions took place with over 200 corporate and diplomatic representatives," he said."Addressed over 500 expatriate entrepreneurs at the 'Friends of MP' conference held during the ...
The UAE has rolled out a new nomination-based Golden Visa for Indians. For ₹23 lakh, eligible professionals can now secure a lifelong residency in Dubai, without buying property or owning a business.
During his Dubai visit, the Chief Minister will meet Indian Business and Professional Council members to highlight Madhya Pradesh's industrial preparedness and attract investments to the state
Kubbawala Mustafa is accused of running an MDMA unit in Maharashtra. Mustafa was subject to a Red Notice issued in 2024
Did the UAE really launch a ₹23 lakh Golden Visa scheme just for Indians?
During the Forum, Al Zeyoudi highlighted the UAE's strong relationships with Brics nations and the community's role in driving innovation and accelerating trade
In this episode of Manager’s Mantra, Dr. Miniya Chatterji, CEO of Sustain Labs Paris, shares how sustainability is reshaping careers and why B-school grads should take note.
But the Iran-Israel confrontation, which involved the US, poses one of the most stringent tests yet to the country's neutral and open-for-business stance