Uae News


VIRAL VIDEOS Of Heavy Rain In Dubai | Airport Operations Suspended, Traffic Comes To A Halt | Watch

Heavy Rain In Dubai: Heavy rains lashed Dubai late on Monday night and continued on Tuesday, April 16, submerging its major highways and international airport. The heavy rainfall prompted the UAE government to issue warnings urging employees to work from home and only leave ‘in cases of extreme necessity.’ Several videos of the torrential rainfall went viral on social media.

17 Apr 2024

PM Modi Launches UPI In UAE; India Agrees To Inter-Link Instant Payment Systems | Watch

UPI is now available in the UAE. India’s flagship digital payments platform - UPI or unified payments interface can now be used by UAE residents to send and receive money. This will make the lives of 3.5 million Indians living and working in the UAE better by leaps and bounds.

15 Feb 2024

India Buys Oil From UAE In Rupees | India UAE Local Currency Settlement System Explained

For the first time ever India has settled an oil transaction with UAE in rupees. India purchased a million barrels of crude from UAE on Monday payment for this purchase was made in Indian rupees. According to a statement issued by the Indian embassy in Dubai, Indian Oil Corp made payment for the million barrels purchased from UAE's Abu Dhabi National Oil Company (ADNOC) in Indian Rupees. During Prime Minister Narendra Modi's visit to the UAE on July 15 the two countries signed a Memorandum of Understanding (MoU) to settle bilateral trade in national currencies.

16 Aug 2023

India To Settle Trade With Indonesia In Rupees | Dedollarisation: Opportunities & Challenges

India’s de-dollarization efforts are gaining momentum. In 2023, first, Bangladesh, then UAE, and now Indonesia will trade with India using local currencies. Other than that, 18 countries have been allowed by the RBI to use the rupee as a primary currency. In less than 48 hours of signing a memorandum of understanding with the UAE for Rupee-dirham trade India has inked a deal with Indonesia to trade in local currencies.

18 Jul 2023

India looks to take UPI to Saudi, Bahrain, other Gulf countries | Mint Primer | Mint

Discover how India aims to export its groundbreaking Unified Payments Interface (UPI) system to Gulf countries, including Bahrain and Saudi Arabia. With millions of Indians residing and working in the region, the National Payments Corporation of India (NPCI) is in talks to establish cross-border remittance systems using UPI. India's successful collaborations with countries like Singapore and Bhutan, and the advanced stage of discussions with the United Arab Emirates, highlight the potential for UPI to revolutionize digital payments globally. Join us as we explore India's latest financial endeavor and its impact on the Gulf.

27 Jun 2023

Abu Dhabi defence firm signs MOU with India's HAL at UAE's defence expo

IDEX-2023 exhibition will be held in Abu Dhabi, UAE from 20- 24 February

1 min read23 Feb 2023

UAE-India Business Council launched to boost bilateral trade

To boost bilateral trade between the two countries UAE and India launched UAE-India Business Council. The two nations aim to increase non-oil bilateral trade to $100 billion

2 min read18 Feb 2023

Indian expats in UAE can now submit visa applications 7 days a week

The service, however, will be suspended on Sundays during the month of Ramadan.

2 min read29 Jan 2023

India-UAE trade deficit widens

While India’s exports to the UAE grew by 11% during this period to $20.25 billion, imports climbed 24.4% to $36.23 billion

3 min read28 Jan 2023

Arab astronaut won’t fast during Ramadan: Here’s why

Sultan al-Neyadi will be the second citizen of the UAE to travel to space.

1 min read26 Jan 2023
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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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