Page 7 - Uae

UAE biz conglomerate introduces UPI payments across outlets countrywide

A UAE-based business conglomerate has announced the acceptance of India's Unified Payment Interface payments across its outlets in the country. Unified Payment Interface (UPI) is an Indian instant payment system developed by the National Payments Corporation of India (NPCI) in 2016. The inaugural transaction using UPI at the Al Maya Supermarket was conducted in the presence of the Deputy Consul General of India in Dubai, Yatin Patel. Kamal Vachani, Group Director and Partner of Al Maya Group, highlighted the convenience and benefits that UPI payments bring to Indian customers. We are thrilled to be at the forefront of this innovative payment solution in the UAE. The introduction of UPI will not only enhance the shopping experience for our customers but also strengthen the economic ties between India and the UAE, Vachani said. He said the availability of UPI payment services is expected to enhance convenience and ease of transactions for Indian visitors, benefiting both nations. U

'I divorce you': Dubai Princess Sheikha Mahra dumps husband on Insta story

Emirati Princess Sheikha Mahra revealed her husband's alleged infidelity, a little over a year after their marriage

UAE reportedly deports university student who yelled 'Free Palestine'

At the graduation ceremony of New York University Abu Dhabi this May, a student wearing the traditional Palestinian black-and-white keffiyeh scarf shouted Free Palestine! as he crossed the stage to receive his diploma, witnesses say. Days later, he reportedly was deported from the United Arab Emirates. The incident at the graduation comes as the UAE tries to balance its diplomatic recognition of Israel with the ongoing Israel-Hamas war that's devastated the Gaza Strip. While offering aid to the Palestinians, there have been none of the mass demonstrations that swept the Arab world here in the UAE, a federation of seven emirates that tightly controls speech and where political parties are illegal. That's stretched into academic life at NYU Abu Dhabi, where students say activities over the war have been barred, and into cultural events in the country's capital as well where those wearing the keffiyeh have been stopped from entering. I think the government and the laws of the country .

Odisha CM Majhi urges Jaishankar to establish UAE consulate in state

Odisha Chief Minister Mohan Charan Majhi on Saturday urged External Affairs Minister S Jaishankar for a UAE consulate in the state. Majhi raised the demand while meeting Jaishankar at his residence in New Delhi. The meeting was also attended by Deputy CMs Kanak Vardhan Singhdeo and Pravati Parida, according to a statement issued by the Chief Minister's Office (CMO). Since many people from Odisha are working in Dubai, a UAE consulate will be very helpful, Majhi said. He also drew the attention of Jaishankar to the eight people from Odisha stranded in Dubai and sought his support for their safe return. Jaishankar promised the CM that he would take urgent steps in this regard, the statement said. Majhi also discussed measures to attract foreign tourists to the state, including the setting up of an international tourism centre. Later, the CM met Union Health Minister JP Nadda, whom he urged for setting up medical colleges in those districts of the state that don't have one. Expansio

India to discuss silver import spike with UAE amid growing concerns

West Asian nation now India's largest source of silver imports

HSBC launches trading platform in UAE with access to 77 global exchanges

World Trader's extensive network covering up to 77 exchanges across 25 markets directly addresses the growing customer demand for international investments

'Centre must revise gold, silver concessional duty under India-UAE CEPA'

Under the CEPA, India allows 7 per cent customs duty concessions on import of unlimited quantities of silver and 1 per cent concession on 160 metric tonnes of gold

Adani Defence & Aerospace, UAE's EDGE sign defence cooperation agreement

The agreement aims to combine the two companies' product portfolios to meet the needs of both global and local customers

Air India's rise could impact three Gulf hubs, says Saudia Airlines

Calling AI a "sleeping giant", Muehlen said: "They have a legacy. They have the hearts of the Indian population. If they get it right, it would be more at the expense of the super-connectors"

Emirati leader meets Taliban official facing $10 mn US bounty for attacks

The leader of the United Arab Emirates met on Tuesday with an official in the Taliban government still wanted by the United States on an up-to USD 10 million bounty over his involvement in an attack that killed an American citizen and other assaults. The meeting highlights the growing divide internationally on how to deal with the Taliban, who seized control of Afghanistan in 2021 and since have barred girls from attending school beyond the sixth grade and otherwise restricted women's role in public life. While the West still doesn't recognise the Taliban as Kabul's government, nations in the Mideast and elsewhere have reached out to them. Sheikh Mohammed bin Zayed Al Nahyan, the ruler of Abu Dhabi, met Sirajuddin Haqqani at the Qasr Al Shati palace in the Emirati capital, the state-run WAM news agency reported. It published an image of Sheikh Mohammed shaking hands with Haqqani, the Taliban's interior minister who also heads the Haqqani network, a powerful network within the group .

BluSmart launches 100% all-electric premium limousine service in UAE

Ride-hailing app said that its chauffeur-driven luxury service in Dubai will commence with a premium Audi e-tron car fleet

US slows licence approvals for AI chip exports to prevent resale to China

The United States Commerce Department extended chip export restrictions to include much of West Asia, along with China and other foreign countries, in October

UltraTech Cement offers to acquire 31.6% in UAE-based RAK Cement Co

Aditya Birla group firm UltraTech Cement on Monday said it has made an offer to acquire a 31.6 per cent stake in UAE-based RAK Cement Co for White Cement and Construction Materials PSC (RAKWCT). This would be done by UltraTech Cement Middle East Investments Ltd (UCMEIL), a wholly-owned subsidiary of the Indian cement maker in the UAE. On April 15, UltraTech had informed that UCMEIL will invest in 29.39 per cent equity share capital of 'Ras al Khaimah Co. for White Cement and Construction Materials PSC' (RAKWCT), a company listed on the Abu Dhabi stock exchange. It had announced and investment of USD 101.10 million (around Rs 839.52 crore) for a 29.39 per cent equity that time. "We now write to inform you that UCMEIL has notified its intention of making a partial conditional cash offer for acquiring 158,049,610 shares, representing 31.6 per cent of the issued and paid-up share capital of RAKWCT," it said. This will be in accordance with Article 10 of the decision of the chairman of

Pakistan says United Arab Emirates to invest $10 billion in country

The Pakistani government said Thursday that the United Arab Emirates committed to investing up to $10 billion in Pakistan during a meeting in the UAE capital between that country's president and the Pakistani prime minister. The office of Pakistani Prime Minister Shehbaz Sharif said in a statement that UAE President Mohammed bin Zayed Al Nahyan made the commitment during a meeting in Abu Dhabi with Sharif, who is visiting the UAE. It provided few details. The statement said Sharif told the UAE president about measures the Pakistani government is taking to encourage foreign investment, and that the UAE president committed to investing $10 billion in various sectors in Pakistan. Sharif also invited the UAE president to visit Pakistan, an offer which he accepted, the statement said.

Microsoft's UAE deal could transfer key US chips, AI technology abroad

US officials have said that AI systems could pose national security risks, for example by making it easier to engineer chemical, biological and nuclear weapons

Demand for skilled Indian blue-collar workers goes up by 25% in UAE: Report

The demand for skilled blue-collar workers from India has gone up by 25 per cent in the UAE during May 2023-April 2024, compared to the same period of the previous year, especially in sectors including technology, healthcare, construction, among others, a report said on Tuesday. According to a report by blue-collar worker marketplace Huntr, the demand for skilled blue-collar workers from India has surged by 25 per cent during May 2023-April 2024, as compared to the same period of the previous year. In terms of job roles, the demand for electricians, plumbers and technicians has grown at a rate of around 20-25 per cent over the past year, it added. However, the demand for non-skilled workers has seen a more modest increase of approximately 10-15 per cent leading to a decline in the migration of non-skilled workforce by around 10 per cent, it noted. The report by Huntr is based on quantitative surveys with qualitative interviews with 1,00,000 blue workers enrolled on the platform fro

India, UAE conclude meeting on India Middle East Europe Economic Corridor

The first inter-ministerial delegation from India held meetings from May 15-17 under the Intergovernmental Framework Agreement between the two countries concerning cooperation for the empowerment and operation of the India-Middle East-Europe Economic Corridor (IMEEC).According to the Indian Embassy in Abu Dhabi press release, the IMEEC will provide effective alternate supply routes generating efficiencies and reducing costs. Indian Ambassador to UAE Sunjay Sudhir led the discussions with key entities like DP World UAE, AD Ports Group and UAE's Federal Customs Authority."The Indian delegation comprised of senior officials from Ministry of Shipping, Ports & Waterways, Ministry of Commerce and Industry, Central Board of Excise and Customs and Deendayal Upadhyay Port, Kandla," the press release stated."They visited Khalifa Port, Fujairah Port and Jebel Ali Port where they held detailed discussions with the respective Port authorities for facilitating the movement of goods between ...

Plan your destination wedding in Abu Dhabi with UAE's enhanced visa support

To establish Abu Dhabi as a premier wedding destination, the Abu Dhabi Convention and Exhibition Bureau (ADCEB) has announced an initiative to extend visa support to Indian nationals hosting weddings across the Emirate. The ADCEB, which is a part of the Department of Culture and Tourism Abu Dhabi, is undertaking this initiative to establish the UAE capital as a premier wedding destination, a statement released here said. The recently announced new visa initiative contributes to Abu Dhabi's tourism strategy 2030, which aims to boost visitor numbers to 39.3 million by 2030. The destination wedding segment is among the newest verticals to join the ADCEB as part of an overarching objective to attract domestic and international visitors and increase the sector's contribution to the GDP to AED 90 billion as per the 2030 strategy, the statement said. India is recognised as one of the largest markets for destination weddings globally, making it a key target market for Abu Dhabi. By extend

Schengen-style Gulf tourist visa for six destinations by year-end

The GCC Grand Tours visa is designed to attract a higher number of tourists by simplifying the process of visiting multiple countries in the region, similar to the European Union's Schengen visa

Flights cancelled, offices and beaches closed: Heavy rains lash Dubai again

Dubai's MeT department has issued an orange alert for Friday; educational institutions asked to shift to online classes, while companies directed to allow work from home for their employees