In recent years, Dubai has emerged as a preferred destination for wealthy Indians looking to invest in real estate. There has been a significant surge in the amount of money wealthy Indians are sending abroad under the Liberalized Remittance Scheme (LRS). In FY24, Rs 3,173 crore were transferred, marking a 17 percent rise from the … Read more
The Visa-on-Arrival can be utilised at six designated airports across India, simplifying the process for visitors from these countries and enhancing the convenience of travel. File | Photo Credit: PTI Union Minister for Tourism and Culture Gajendra Singh Shekhawat provided an update that the Visa-on-Arrival facility would be available for nationals of Japan, South Korea, … Read more
A court in the United Arab Emirates has handed life sentences to 43 Emiratis for “terrorist” links, state media said July 10, after a mass trial heavily criticised by U.N. experts and rights groups. Government critics and human rights activists were among the 84 defendants brought before the Abu Dhabi Federal Court of Appeal, most … Read more
Mobile wallets are gradually gaining popularity in India and it is projected that the digital payment mode will cross traditional methods like cash and cards in the coming years. GlobalData, a leading data and analytics company, in its report, said mobile wallets and their usage is expected to grow at a compound annual growth rate … Read more
India would benefit from a move of over 70 nations like the UK, UAE and Australia that have agreed to take on additional obligations in the services sector under an agreement of the WTO, an official said on Tuesday. These WTO (World Trade Organisation) members are taking the additional obligations under the General Agreement on … Read more
An international watchdog said Friday that it was removing the United Arab Emirates from its so-called gray list of countries that don’t take full measures to combat money laundering and terrorism financing. The announcement was made by the Paris-based Financial Action Task Force following its meeting in the French capital. The FATF welcomed the UAE‘s … Read more
A file photo of entrepreneurs at an interactive session with representatives of Hamriyah Free Zone in Sharjah, UAE, in Mysuru in June 2023. | Photo Credit: M A Sriram The Government of Sharjah, UAE, in association with Associated Chamber of Commerce and Industry in India (ASSOCHAM) and the Mysore Chamber of Commerce and Industry (MCCI), … Read more
United Arab Emirates Minister of Industry and Advanced Technology and CEO of ADNOC Sultan Al Jaber. | Photo Credit: REUTERS COP28 President-designate Dr. Sultan Al Jaber on November 12 praised India, the current hosts of the Presidency of the G20, for its energy transition vision even as he acknowledged the critical need for a “new … Read more
Abu Dhabi: PureHealth has partnered with Dell Technologies to utilise generative artificial intelligence (AI) across healthcare services including in early disease detection, medical data analysis and personalised treatment plans, further enhancing the health ecosystem in Abu Dhabi. The collaboration will harness the collective resources and technologies of both companies to improve health outcomes by ensuring … Read more
New Delhi: India exported smartphones worth USD 4.67 billion in April-July this fiscal, following a multifold jump in shipments to the US, which emerged as the biggest destination for India-made devices, according to government data. The smartphone exports to the US jumped multiple times to USD 1.67 billion during the first four months of this … Read more