Speculations are rife that the decision by Tehran could have been taken in retaliation to India's suspension of the import of fruits like kiwis and peaches from Iran.

Mumbai, India - India's central bank governor warned Wednesday that cryptocurrency markets risked causing the next global financial crisis, saying the recent collapse of FTX was proof of the sector's "inherent risks". The comments close out a challenging year for India's millions of crypto owners, who are already reeling from a...

BENGALURU, INDIA - The UAE participated in the first Framework Working Group (FWG) meeting within the G20 Finance Track, which was held on December 16-17 2022. Held for the first time under India’s G20 presidency in Bengaluru, the meeting sought to discuss the work plan for FWG in 2023, which...

"Reform will not be easy; a serious results-oriented process will require us to make deep concessions and agree to difficult compromises. Many past efforts have failed or stalled for precisely that reason,” she adds while representing the UAE in high-level UNSC meetings.

Venture would start with two aircraft and expand to 15.

The UAEGD is a standard that provides a framework for the gold sector, in line with international best practices.

Abu Dhabi, UAE----UAE's non-oil foreign trade increased by 19 percent by the end of the third quarter, compared to the same period last year, to reach AED 1.637 trillion ($445 billion), said UAE's Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi, who predicted the trade to...

Mumbai, India—India's central bank on Wednesday raised its main interest rate for the fifth time this year, but by a smaller margin as inflation eases and other countries look to slow the pace of hikes. The move by the Reserve Bank of India (RBI) comes after US Federal Reserve chairman Jerome...

KUALA LUMPUR, MALAYSIA - Saudi Arabia on Monday became the sole bidder to host the 2027 Asian Cup after India withdrew its bid. The Asian Football Confederation (AFC) said in a statement that the All India Football Federation had pulled out from the selection. The statement did not provide any...

AMMAN, JORDAN - Jordan's Minister of Investment Kholoud Saqqaf on Sunday received Indian ambassador in Amman Anwar Haleem for a discussion on ways to cement trade ties between the two countries. The minister briefed the envoy on the investment climate in the Kingdom and potential opportunities in various sectors. She...

The UAE's Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan has said that the Gulf country is determined to forge a world where prosperity is commonplace.

The World Bank estimates that cash transfers to low income countries eased this year as high prices ate up migrants' incomes. The bank said in a report that remittances to lower-income countries went up around five percent to $626 billion, lower than the 10.2 percent jump in 2021.

Reports said that the UAE’s discussions with the Indian government to procure BrahMos are already in advanced stages.

He was speaking at the Sharjah–India Business Roundtable -- organized by the Sharjah FDI Office (Invest in Sharjah), in collaboration with the Consulate General of India, Dubai -- to explore greater economic and commercial relations and synergies between the two stakeholders.

DUBAI, UAE - The UAE-India joint technical committee for manpower held its first meeting where it explored areas of collaboration between the two countries. Both parties highlighted their keenness to enhance cooperation to ensure a safe, organized and legal transition of Indian laborers through the exchange of best practices in...

The company hopes to elevate its investments in India to $5 billion within the next five years, up from just over $600 million currently.

The summit reviews ways to enhance integration of the optimal energy mix for electricity production to achieving climate change targets through MoUs and agreements.

The branches cater to northern, southern areas.

Match fees are however separate from annual pay packets -- there will still be enormous differences between what men and their women counterparts earn.

The visit is expected to last a few hours on Nov 14, and the Saudi Crown Prince and the Indian PM Narendra Modi are expected to depart for Bali to attend the G-20 summit, The Hindu reported and added that India’s foreign minister S Jaishankar had conveyed Modi’s invitation to...

Traditionally, GCC trade was focused on the West. However, now it is moving to the East. This eastward shift is not too surprising given the continuing travails of many developed Western economies. With the sluggish recovery from the financial crisis in the EU and the US, Gulf economies have had...

Prince Abdulaziz is also the Chairman of the Ministerial Committee for Economy and Investment in the Saudi-Indian Strategic Partnership Council.

RIL's core oil-refining business hit overall profits.

Android had a suite of Google apps pre-installed on its phones, including the company's own search engine, "which accorded significant competitive edge to Google's search services over its competitors", a Competition Commission of India statement said late Thursday. "Markets should be allowed to compete on merits and the onus is...

UAE Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini met with India's Minister of Finance Nirmala Sitharaman on the sidelines of the G20 meetings in Washington.

Saudi Aramco, one of the world's richest companies, will sponsor the International Cricket Council's upcoming men's and women's T20 World Cups and next year's one-day World Cup in India under a partnership deal. The partnership to run until the end of next year "will connect Aramco with a global cricket...

The firm approved a $1 billion share buyback after Q2 result.

Cairo, Egypt— Egypt has recorded a huge jump in arrival of tourists from many European countries and the US, as Luxor basks in a tourist boom not seen in the last few years. Tourists from Spain and France are leading an increase in visitors to Egypt from a number of...

UAE's Ministry of Finance (MoF) participated in the third Framework Working Group (FWG) meeting within the G20 Finance Track for 2022.

The kingdom recovered quickly from Covid-induced recession and is reaping the rewards of high global energy prices and increased energy production.

India represents a key market to expand the sport, organizers said, citing a population of 1.4 billion people and more than 200 million motorcycles.

The Ministry of Energy and Infrastructure (MoEI) announced the launch of the "UAE Maritime Network".

The EU's executive proposed a new round of sanctions on Moscow over its latest "escalation" in Ukraine, including an oil price cap and ban on Russian exports worth $7 billion. It also plans to expand its travel blacklist and asset freezes to include high-ranking Russian officials and organizers of the...

The UAE recently participated in the fifth International Financial Architecture (IFA) Working Group meeting within the G20 Finance Track for 2022, which was held in a hybrid format.

New York, USA - UAE, France and India have discussed the need for enhancing global cooperation to counter energy and good security challenges. The foreign ministers of the three countries met on the sidelines of 77th session of the United Nations General Assembly in New York. Sheikh Abdullah bin Zayed...

India has signed a Memorandum of Understanding (MoU) with the Gulf Cooperation Council (GCC) Secretariat on the "mechanism of consultations" between the two sides.

The company will establish its Indian headquarters in Kerala state.

Showcasing its growing rift with the Western world, Vladimir Putin will meet China's Xi Jinping and other Asian leaders in a regional summit in Samarkand. The Shanghai Cooperation Organization was set up in 2001 as a political, economic and security organization to rival Western institutions.

India, the incoming President of the Group of Twenty (G-20) announced that it will invite the UAE as one of the "guest countries" to the G-20 summit in New Delhi on September 9-10 next year.

President of Foodstuff Traders Association (FTA), Khalil Haj Tawfiq, said India's decision to restrict its exports of some rice varieties will not affect the Kingdom, as Jordanian traders do not import the types covered by the new restrictions.

The UAE has agreed to deepen collaboration with India in the field of education, and in this regard the two countries have signed a Memorandum of Understanding (MoU) to "widen the scope of those engagement."

Climate change is already stoking heatwaves and other extreme weather events across the world, with hot spells from India to Europe this year expected to hit crop yields. Temperature spikes are causing mounting concern for health, particularly for those working outside in sweltering conditions, which is especially dangerous when humidity...

Saudi IT Minister, Eng. Abdullah bin Amer Al-Swaha, held meetings with his counterparts from the other countries at the Indonesian city of Bali.

The UAE top diplomat said that the ongoing dialogue between the two countries has led to the launch of the CSP in 2017, and the signing of the CEPA in 2022.

The Saudi Arabian Mining Company, Maaden, Thursday signed four memoranda of understanding with Indian fertilizer companies to supply phosphate and ammonia products, and to discuss ways to enhance joint cooperation in various fields of growth, technical development of specialized products, agricultural engineering and logistical solutions. These agreements aim to contribute...

Buyer-seller meets in the UAE on agricultural and food products with registered geographical indication (GI) tags, a week-long mango festival in Bahrain, and an international buyer-seller meet in Ladakh attended by buyers from Dubai and Oman helped boost India's export of these items by 31 percent in April to June...

The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.

US President Joe Biden held joint investment talks Thursday with Israel, India and the United Arab Emirates, as Washington seeks to counter the global reach of China. The multilateral summit was convened in Jerusalem where Biden is on his first Middle East tour as president, with leaders from India and...

Minister of Economy and Chairman of the UAE International Investors Council Abdullah bin Touq Al Marri said, in a meeting, the council has set up a platform to protect and support the interests of Emirati companies and investments abroad. The meeting also discussed the advantages of CEPA signed with India,...

The world's population is expected to hit eight billion on November 15, the UN forecast Monday in a report that said India will surpass China as the most populous country on earth in 2023. That overall population milestone "is a reminder of our shared responsibility to care for our planet and...