Page 3 - Uae

Qatar World Cup set to defy controversy and hit revenue high: Report

The revenue lift comes despite concerns some fans and sponsors would boycott the event, largely because of Qatar's treatment of the migrant workers

Moscow may get new client as Russian cargo sits off UAE coast for 3 days

An oil tanker hauling a cargo of Russian crude has been sitting off the coast of the United Arab Emirates for three days, raising the prospect that the gulf state might become customer for Moscow

Saudi, UAE back OPEC cuts as US envoy warns of 'economic uncertainty'

Saudi Arabia and the United Arab Emirates defended on Monday a decision by OPEC and its allies to cut oil production, even as an American envoy warned of economic uncertainty ahead for the world. While cordial, the comments at the Abu Dhabi International Petroleum Exhibition and Conference showed the stark divide between the United States and Gulf Arab countries it supports militarily in the wider Middle East. Saudi Arabia's energy minister, Prince Abdulaziz bin Salman, hinted at that in brief remarks to the event, noting that upcoming UN climate change summits will be held in Egypt and the United Arab Emirates. We don't owe it to anybody but us, the prince said to applause. Emirati Energy Minister Suhail al-Mazrouei echoed that defence. While saying that OPEC and its allies are "only a phone call away if the requirements are there to raise production, he offered no suggestion such a boost would be on its way anytime soon. I can assure you that we in the United Arab Emirates, as w

Germany hails 1st delivery of 'green' hydrogen from UAE, to replace coal

Germany took formal delivery Friday of its first, modest, batch of hydrogen from the United Arab Emirates, a "green" fuel it hopes will help replace coal and gas used by energy-intensive industries in future. Germany is scrambling to substitutenatural gas imports from Russia while also staying on track for its ambitious goal of cutting greenhouse gas emissions to net zero by 2025. One alternative is energy-rich hydrogen gas, provided it is made with the help of renewable energy. Since hydrogen is difficult to transport it is sometimes stored as liquid ammonia. The delivery in Hamburg was modest: just a single container with 13 metric tons of ammonia. Still, it was symbolic enough for German Economy Minister Robert Habeck to hold a joint ceremony with the UAE's climate envoy, Sultan Ahmed Al Jaber, and the CEO of German metals manufacturer Aurubis, which is testing the fuel to make copper wire.

T20 WC: Dutch register 2nd win, SL back in business with big win over UAE

Netherlands made heavy weather of a small target before eking out a five-wicket win against Namibia in the T20 World Cup here on Tuesday. This is Netherlands' second victory in as many games and keeps them firmly in contention for a place in the next round. Netherlands dished out a fine bowling effort to restrict Namibia to 121 for six before taking the game deep. They completed the task in 19.3 overs in their first round Group A match. Sitting pretty at 92 for one, Netherlands made a harakiri towards the end to allow Namibia to make a comeback. Vikramjit Singh (39 off 31) and Max O'Dowd (35 off 35) got Netherlands' chase off to a blazing start, sharing 59 runs for the opening wicket. However, from 92 for one, Netherlands slumped to 101 for four, thanks to twin blows from left-arm pacer JJ Smit (2/24) in the 16th over. Skipper Scott Edwards did no good and perished in the next over. But Bas de Leede (30 not out off 30) held his nerves, and in the company of Tim Pringle (8 not ou

Largest ever contingent of India Inc participates in GITEX Global 2022

India had the highest number of participating companies after the host, UAE, at the four-day event

T20 World Cup: Netherlands edge UAE by 3 wickets in low-scoring thriller

Captain Scott Edwards showed calmness and got the crucial winning run to help the Netherlands edge past UAE by three wickets in a low-scoring thriller match of ICC Men's T20 World Cup

Consortium of Indian oil companies to acquire 10% stake in UAE's ADNOC

The consortium is led by ONGC Videsh Ltd (OVL) and includes companies like Indian Oil Corporation Ltd (IOCL), Bharat PetroResources Ltd (BPRL) and Oil India Ltd (OIL)

Singapore, UAE to accept RuPay payment mechanism: Nirmala Sitharaman

Nirmala Sitharaman said that Singapore and UAE have shown interest to accept the RuPay payment system acceptable in their countries

Fast-track mechanism on the cards to help Indian investors in UAE

The mechanism will also assist Indian companies to foray into the UAE market and expand

India, UAE can benefit from energy, skills, education cooperation: Report

Economies of India and the UAE can benefit significantly from their free trade agreement by sharing knowledge and best practices in several areas of mutual interest such as education, energy, skills and defence, according to a report by Deloitte. Both the countries have implemented the Comprehensive Economic Partnership Agreement (CEPA) from May 1 this year to boost bilateral trade and investments. It is aimed at increasing the trade to USD 100 billion in the coming years. "Under the preferential trade agreement, the two economies may benefit from sharing knowledge and best practices in several areas of mutual interest," the report said. It said the Indian economy is heavily dependent on crude oil imports to meet its domestic requirements and the current geopolitical tensions between Russia and Ukraine and shrinking supplies from Iran are further affecting macroeconomic fundamentals. "These turbulences suggest that India must work towards decreasing its energy dependence by explori

Shortage of nursing staff sparks bidding war as countries vie for talent

Now with pandemic-related travel restrictions easing, countries from Germany to the United Arab Emirates and Singapore are stepping up efforts to lure foreign nurses and other medical professionals

New rule for UAE visa system comes into effect: Here's what changes

In a major revamp in the UAE's immigration laws, the Middle-eastern nation's new visa system came into effect on October 3

PFI has strong roots in Gulf, money was sent to India via Hawala: NIA

The sources in the NIA said that PFI had allegedly received huge fund through Hawala from its UAE and Gulf countries-based members

India, Israel, UAE, US express commitment to deepen economic partnership

The I2U2 grouping of India, Israel, UAE and the US have expressed commitment to deepening their economic partnership and has taken stock of current projects in agriculture and clean energy and reviewed potential projects to help the group's objectives. The group met here on Tuesday on the margins of the United Nations General Assembly Meeting. According to a statement from the US State Department, Under Secretary of State Jose W Fernandez met with his I2U2 Group counterparts India's Ministry of External Affairs Economic Relations Secretary Dammu Ravi, Israeli Ministry of Foreign Affairs Director General Alon Ushpiz and United Arab Emirates Minister of State Ahmed bin Ali Al Sayegh. "The group expressed its commitment to deepening the economic partnership among the four countries. They took stock of current projects in agriculture and clean energy and reviewed potential projects to help further the group's objectives," it said. The group looks forward to building on the success of t

Jaishankar participates in India-UAE-France trilateral Ministerial meet

As part of his diplomatic meetings in the US, S Jaishankar participated in a trilateral Ministerial meeting of India-UAE-France with his counterparts and exchanged ideas between the strategic partners

Pakistan will 'absolutely not' default on debts despite floods: FinMin

No default coming, says Finance Minister Miftah Ismail who expects current account deficit widening to be capped at $2 bn; Ismail says $5-bn investment from UAE, Qatar, Saudi coming this fiscal year

Israel PM Lapid meets UAE FM to mark 2nd anniversary of diplomatic ties

Lapid met Sheikh Abdullah for a one-on-one meeting, which was followed by an expanded meeting with teams from both sides, according to a statement from Lapid's office on Thursday

India's non-petroleum exports to UAE underperform after FTA, shows data

In comparison, India's overall non-petroleum exports grew 8 per cent during May-July while overall exports grew 15.1 per cent during the same period

Mass firing at UAE newspaper Al Roeya raises question of censorship

The story about high fuel prices was safe, editors agreed, even under the strict press laws of the United Arab Emirates. Instead, it unleashed a firestorm at Al Roeya newspaper in Dubai. Within days, top editors were interrogated. Within weeks, dozens of employees were fired and the print paper declared dissolved. The newspaper's publisher, Abu Dhabi-based International Media Investments, or IMI, said Al Roeya's closure stems only from its transformation into a new Arabic language business outlet with CNN. However, eight people with direct knowledge of the newspaper's mass firings told The Associated Press that the layoffs came in the immediate aftermath of the article on the UAE's gas prices. Their accounts, given on condition anonymity for fear of reprisals, show the limits of speech in the autocratic nation that tightly controls its domestic media. Self-censorship is rife among journalists at local outlets expected to provide a stream of good news in the UAE, which advertises ..