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Welcoming the third generation of UAE leadership to the Rashtrapati Bhavan, President Droupadi Murmu on Monday highlighted that the "historic yet forward-looking" bilateral relationship between India and the United Arab Emirates has been transformed after having been steered by the "visionary leadership" of both countries over the past decade. As Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, called on her Monday afternoon, President Murmu...
India and UAE solidify strategic partnership during Abu Dhabi Crown Prince`s Delhi visit
Emirates Nuclear Energy Company and the Nuclear Power Cooperation of India signed a memorandum of understanding on Monday for the maintenance and operations of the Barakah Nuclear Power Plant, India's foreign ministry said on X. The agreement was signed during the two-day visit of Abu Dhabi's crown prince to India.
Emirates Nuclear Energy, India's Nuclear Power Cooperation of India agree power plant deal
Adani Power is currently trading at Rs. 669.45, up by 8.05 points or 1.22% from its previous closing of Rs. 661.40 on the BSE. The scrip opened at Rs. 665.00 and has touched a high and low of Rs. 670.50 and Rs. 663.15 respectively. So far 44711 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 896.75 on 03-Jun-2024 and a 52 week low of Rs. 289.30 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs...
Adani Power surges on incorporating wholly owned subsidiary in Abu Dhabi
Business leaders of South Korea and the United Arab Emirates (UAE) on Tuesday discussed ways to enhance economic cooperation and develop business partnerships in new industries, such as clean energy and ICT, a major business lobby here said. The Korea-UAE Business Investment Forum, held in Seoul during the state visit of UAE President Mohamed bin Zayed Al Nahyan, brought together around 200 government officials and business leaders, including South Korean Trade Minister Cheong In-kyo...
South Korea, UAE discuss enhancing bilateral economic ties
Abu Dhabi-based AI investment firm 3AI Holding Limited and SML India on Friday launched the generative artificial intelligence (GenAI) platform Hanooman in 98 global languages, including 12 Indian languages. Developed by SML and 3AI Holding under joint collaboration, Hanooman aims to reach 200 million users within its first year of launch. Hanooman is now available for download in the country and can be accessed through the web and mobile application for Android users on the Play Store....
Homegrown GenAI platform Hanooman now live in 98 languages
Indian real estate developer Prestige Estates Projects has signed a 20.01 billion rupee (about $240 million) deal with the Abu Dhabi Investment Authority and Kotak Alternate Investment Fund to develop residential projects in the country. The deal is to develop residential projects in "prominent locations" across the Indian cities of Bengaluru, Mumbai, Goa, and the National Capital Region, with a combined gross development value of over 180 billion rupees ($2.16 billion), Prestige...
India`s Prestige Estates inks $240 million real estate deal with ADIA, Kotak AIFa
Hero MotoSports Team Rally won the 33rd edition of the prestigious Abu Dhabi Desert Challenge on Saturday, registering the first triumph for the 7-year-old at a World Championship race. This follows their historic Dakar Rally podium finish in January 2024. Rally GP class rider Aaron Marè won the race for Hero MotoSports, showcasing a phenomenal performance at the 6-day desert rally. Even though Aaron joined the team as a substitute for factory rider Sebastian Buhler (who is st...
Hero MotoSports Team Rally wins the Abu Dhabi Desert Challenge 2024
India and South Africa have filed a formal objection against an investment agreement at a World Trade Organization meeting in Abu Dhabi, blocking its adoption in a move that observers say could block hundreds of billions of dollars in investment. The deal agreed by some 125 countries, or about three-quarters of the WTO's members, aims to simplify red tape, improve the investment environment and encourage foreign direct investment. But according to WTO rules, any of its 164 members c...
India, South Africa block major investment deal at WTO talks
India told the 13th Ministerial Conference of the World Trade Organization (WTO) in Abu Dhabi on Monday that it is of the firm view that developing countries require flexibility in the existing agreements to overcome the constraints faced by them in their industrialisation. The Indian delegation led by Commerce Secretary Sunil Barthwal drove home the point that the developing countries seek appropriate policy space to find solutions to their concerns, some of which have been unaddressed fo...
India seeks greater say for developing countries at WTO meet
Oil India Limited (OIL), India's youngest Maharatna central public sector enterprise, has announced its first-ever global partner roadshow: "Confluence: Where Energy and Opportunity Converge" which is scheduled to take place on 28th February at Abu Dhabi in the UAE. The Ministry of Petroleum and Natural Gas said that the event, which is expected to attract over 50 leading companies from the energy services industry, signals OIL's commitment to aggressive growth and intern...
Oil India Ltd to hold global partner roadshow in UAE
India will oppose U.S. and European efforts to extend a global ban on cross-border e-commerce duties at the World Trade Organization meeting next week, two government officials said on Tuesday, fearing a continued huge loss of revenue. New Delhi, South Africa and Indonesia want to allow developing nations to tax cross-border electronic transmissions and India will push the case at the WTO's Ministerial Conference in Abu Dhabi starting on Monday, the officials said. New Delhi has sai...
India to oppose extended e-commerce tariff ban at WTO meet
India's Adani Group is in advanced talks with West Asia-based sovereign funds to raise up to $2.6 billion for its airport expansion and green hydrogen projects, the Business Standard daily reported late on Sunday. The Adani Group's flagship firm Adani Enterprises may reduce its stake in either the airport-holding firm or the green hydrogen business, or both, for investment funds, the report added, citing a source close to the development. The timing of the fundraising is yet to ...
India`s Adani Group in talks with sovereign funds to raise $2.6 billion, Business Standard reports
No.1 seed Elena Rybakina and No.7 Daria Kasatkina each won three-set semifinals to line up a championship showdown at the WTA 500 Abu Dhabi Open. 2022 Wimbledon Champion Rybakina prevailed through three sets 6-0, 4-6, 6-2 against Liudmila Samsonova to book her spot in Sunday’s sold-out final, finally breaking her winless streak over her opponent. With her victory, World No.5 Rybakina earned her first tour-level win over 15th-ranked Samsonova. Samsonova had won all four of their pr...
Rybakina, Kasatkina win three-setters to move into Abu Dhabi final
UAE’s first Hindu temple is in the making in Abu Dhabi. The BAPS Shri Swaminarayan Mandir of Abu Dhabi is being built by BAPS Swaminarayan Sanstha. Prime Minister Modi will inaugurate the Temple on February 14, 2024. Notably, PM Modi had launched the project for the construction of the Temple in 2018. In 2018, the PM unveiled a model of the traditional stone temple as well. The Temple is a reflection of the graciousness of Govt of UAE, which has gifted 17 acres of land to it. The ...
Stunning drone shots of `in-the-making` BAPS Hindu Mandir in UAE; PM Modi to inaugurate in Feb
Prime Minister Narendra Modi accepted the invitation extended by Swami Ishwarcharandas and Swami Brahmaviharidas, along with the board of directors for the inauguration of the BAPS Hindu Mandir in Abu Dhabi on February 14 next year, BAPS Swaminarayan Sanstha said in a press statement. PM Modi and the BAPS Swami Ishwarcharandas met on Wednesday at the Prime Minister's residential office and PM Modi graciously accepted the invitation, expressing his enthusiastic support for the histor...
PM Modi accepts invitation to inaugurate UAE`s largest Hindu BAPS Temple in Abu Dhabi
Billionaire Mukesh Ambani's Reliance Retail Ventures said on Friday it would raise 49.67 billion rupees ($598 million) from the Abu Dhabi Investment Authority, in the latest bet on India's largest retailer ahead of a potential stock market listing.The investment by ADIA at a valuation of $100.8 billion will translate into a stake of 0.59% in the company, the retail unit of oil-to-retail conglomerate Reliance Industries said in a regulatory filing.Reliance Retail, with more than 18,000 stores ...
Indian billionaire Ambani's Reliance Retail to raise $598 million from ADIA
Ahead of their eventual merger, Air India Express and AirAsia on Monday announced the commencement of interline bookings covering over 100 routes across the country.Passengers on these airlines can now book a single itinerary across both airlines, including a single PNR on the common website, airindiaexpress.com and other OTAs (Online Travel Agents) and Travel Partners.According to airline officials, with a combined fleet of 54 aircraft, both airlines connect 44 destinations and the total ope...
Air India Express, AirAsia announces commencement of interline bookings covering over 100 routes
India's Reliance Retail is in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for combined new investments of around $1.5 billion, three sources with direct knowledge of the plan said.Reliance Retail is India's largest retailer and is led by Asia's richest person Mukesh Ambani. The talks with investors are part of an internal target to raise $3.5 billion which the company wants to close by the end September, Reuters has reported. Of ...
India's Reliance Retail in $1.5 billion Gulf, Singapore funds talks
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