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40% Of India's Silver Now Imported From UAE, Thanks To CEPA

The India-UAE Comprehensive Economic Partnership Agreement (CEPA), established in 2022, has significantly boosted silver imports into India, particularly through the UAE route. In the first quarter of 2024, a substantial 40% of India's silver imports, amounting to 1,542 tonnes, were facilitated ...

Microsoft Pledges $1.5 Billion in UAE's AI Firm G42 to Boost Global Digital Infrastructure

Microsoft invests $1.5 billion in G42, an AI firm overseen by UAE's national security adviser, aiming to enhance digital infrastructure in the Middle East, Central Asia, and Africa....

India Surges Ahead: Highest Remittance Inflows Worldwide Hit USD 125 Billion in 2023

India has achieved the highest remittance inflows globally, reaching USD 125 billion in 2023. Factors like the agreement with the UAE for bilateral trade using dirhams and rupees have contributed to this remarkable growth....

COP 28 Dubai Summit Kicks Off Today; Know More About India's Role & Plans At The Global Climate Summit

The United Arab Emirates is gearing up to host the 28th meeting of the Conference of the Parties (COP 28) to the UN Framework Convention on Climate Change, with the conference set to run from November 30 to December 12, 2023. ...

Indian Firm NPCI Collaborates with Al Etihad for Boosting Digital Transactions in UAE

NPCI International Payments Ltd has partnered with Al Etihad Payments to build, implement and operationalise the UAE's national domestic card scheme. This initiative aims to boost e-commerce, digital transactions and financial inclusion in the UAE....

As Xi Skips G20 Summit, Joe Biden To Show US Better Security Partner Than China

President Joe Biden wants to show the world at the Group of 20 summit in India and during a stop in Vietnam that the United States and its like-minded allies are better economic and security partners than China. White House officials ...

India's Imports From OPEC At All-Time Low As Russian Oil Buy Peaks

Oil producers cartel OPEC's share in India's oil imports declined to an all-time low of 46% in April as purchases of cheaper Russian oil peaked, according to industry data. Organization of the Petroleum Exporting Countries (OPEC) nations, mainly in the ...

New Corporate Tax To Not Impact Business Between India, UAE: Experts

NRI businesses in the United Arab Emirates remain optimistic about the growth of business transactions between India and the UAE even if a new corporate tax is being introduced in the gulf nation after June 1, this year, financial experts have ...

Mmde Thrissur Pooram’ in Dubai, on December 4

‘Mmde Thrissur Pooram' is all set to fill Dubai with its transcendent percussion rhythms and spectacular visual treats. Organized by Equity Plus Advertising and Mmde Thrissur UAE, the ‘Mmde Thrissur Pooram Dubai 2022' mega event will be conducted at the Dubai ...

India-UAE Trade Pact: Bilateral Trade Projected To Touch USD 100 Bn, In 5 Years

The bilateral trade in goods is projected to increase from the current USD 60 billion to USD 100 billion annually within five years of the implementation of the India-UAE free trade agreement, parliament was informed on Wednesday. India and the United ...

NPCI International Join Hands With Mashreq Bank To Launch UPI In The UAE: Check Report

The international branch of the National Payment Corporation of India, NPCI International Payments Ltd (NIPL), has collaborated with Mashreq, among the UAE's top financial firms, to enable the implementation of its mobile-based real-time payment system, Unified Payments Interface (UPI), in the ...

NPCI International To Offer UPI In The UAE

The international branch of the National Payment Corporation of India (NPCI), NPCI International Payments Ltd (NIPL), has teamed with Mashreq, one of the UAE's top financial institutions, to offer acceptance of the Unified Payments Interface (UPI) in the UAE. UPI is ...

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