Even as experts debate the application of Blockchain, Artificial Intelligence in governance and their potential exploitation, India and UAE have taken a bold step by entering into partnership in these areas which looks to generate an estimated USD20 billion as economic benefits in the next decade.
Category: UAE
Spectacular fireworks at Burj Khalifa to mark Dubai’s New Year celebrations
Dubai is set to usher in the New Year with spectacular fireworks at Burj Khalifa on the back of popular demand. Special viewing platforms will be set up across Downtown Dubai so that people can view the magical display of fireworks.
Dubai-based Careem acquires Indian bus-shuttle firm Commut
Hyderabad-based bus-shuttle app Commut, which was started by six alumni of IIIT-Hyderabad about three years ago, has been acquired by Dubai-based ride-hailing app Careem Networks FZ.
‘Hitman’ Rohit Sharma leads India to victory against Pakistan in Asia Cup
Rohit Sharma was in cracking form as he got India off to a flying start in their run chase against Pakistan in the Asia Cup.
DFSA and MAS sign fintech agreement
In another step towards closer ties between Dubai and Singapore, the Dubai Financial Services Authority (DFSA) and Monetary Authority of Singapore (MAS) have signed a fintech agreement that allows referrals of innovative businesses between them.
NRIs based in UAE investing in Indian real estate sector as rupee plummets
As the Indian Rupee’s slide against the US Dollar and the United Arab Emirates (UAE) Dirham continues, a large number of Non-Resident Indians (NRIs) are considering investing in the Indian realty sector.
Record fall in Indian rupee sparks sudden surge in remittances from UAE and other Gulf countries
Even as the Indian rupee extended its fall and breached the psychological 70-mark for the first time against the US dollar, it sparked a sudden surge in remittances from the United Arab Emirates (UAE) and other Gulf countries.
Kuwait sees significant drop in Indian workers from 2015 to 2017
Though the number of Indian workers earning their livelihood in Kuwait has seen a significant drop between 2015 and 2017, there is no such scale down in other Gulf countries.
Cases of Indians committing suicide in Gulf nations on the rise
There has been a spurt in the number of Indians committing suicide in the Gulf nations pointing to the pathetic conditions of Indian workers in these countries, revealed a Right to Information (RTI) query.
Indian eatery shut down in Abu Dhabi over non-adherence to safety conditions
An Indian restaurant in Abu Dhabi has been closed following violations of mandatory hygiene conditions, stated a media report.
