#India

Eid getaways

Top 12 getaways for Eid this year

With Eid just around the corner, many people in the UAE are already planning their vacations to celebrate the occasion with their loved ones

Apple stores Tim Cook

Tim Cook to open first Apple stores in India

The brand will open a store in Mumbai on April 18 and another in New Delhi on April 20

Delhi

Earthquake hits Afghanistan, strong tremors felt in Delhi-NCR

There was no immediate report of any deaths or property damage

UAE and South Korea trade

UAE to invest $30bn in South Korea over the next few years

The two countries agreed to enhance joint efforts to implement the MoU that was signed recently

Saudi oil Europe

Saudi Arabia raises oil prices for Asia and Europe for April

Prices for US customers were left unchanged

Dubai's Emirates is largest foreign airline serving India

Dubai’s Emirates is largest foreign airline serving India

The airline carried 4.45 million passengers between Dubai and India last year

Dubai's DXB beats forecasts, welcomes over 66m passengers in 2022

DXB receives over 66 million passengers in 2022

December was the busiest month of the year, with 7.1 million passengers

Air Arabia Abu Dhabi to launch direct route to Kolkata

Air Arabia Abu Dhabi to launch direct route to Kolkata

The new service to Kolkata will mark the carrier’s seventh destination in India

India

India energy firms see growth prospect in Africa and Middle East

State-run energy consultant Engineers India expects to finalise a nearly $25m order for a chemicals and fertiliser plant in Nigeria

COP28

COP28 chief’s Sultan Al Jaber begins global tour

Nations should aim to raise spending on technologies including carbon capture, nuclear power and hydrogen, according to Al Jaber

Total passenger traffic rises 64.4% in 2022

Middle Eastern airlines register 157.4% rise in passenger traffic in 2022

International passenger traffic rose 152.7 per cent last year versus 2021

UAE’s non-oil foreign trade grows 17% in 2022

UAE’s non-oil foreign trade grows 17% in 2022

This is the first time that the country’s non-oil foreign trade has surpassed the Dhs2tn mark

India reintroduces RT PCR test for international passengers from 5 countriesR test for

Covid-19: India reintroduces mandatory RT PCR tests for international arrivals from five countries

The country introduced revised guidelines for international arrivals which came into effect on December 24

Kanoo Group

Dubai’s Kanoo Group sees opportunities to invest in India, China

The family-owned company, with interests spanning shipping, real estate, financial services and energy, sees potential in sectors including artificial intelligence and clean energy

UAE’s foreign non-oil trade to grow to Dhs2.2tn by end of 2022

Non-oil foreign trade crossed Dhs583bn during the third quarter of the year

Kuwait

Kuwait says oil buyers don’t want to boost imports next year

The OPEC member exports about 2 million barrels a day of crude, most of it to Asian countries such as China, South Korea, Japan and India

India

India to test retail version of digital rupee

India is pushing forward with digital versions of its currencies, as it seeks to eliminate private cryptocurrencies that pose risks to financial stability

Passenger traffic at Dubai's DXB forecasted to reach 64.3 million in 2022

Passenger traffic at Dubai’s DXB forecasted to reach 64.3 million in 2022

Dubai International recorded average monthly traffic of over six million during the third quarter

Gaurav Sharma Investcorp India

Bahrain’s Investcorp leads $67m investment in India’s Global Dental Services

This marks Investcorp’s fourth healthcare investment in India and its first in the dental industry in the country

Investcorp plans major ramp up of India assets to $5bn

The asset manager has been expanding holdings from the US to Asia as it seeks to reach assets of about $100bn

Dubai’s Emirates A380 touches down in Bengaluru

The special service arrived on October 14, ahead of scheduled A380 operations which will commence on October 30

agility

Kuwait’s Agility Ventures invests in India’s e-commerce platform Shiprocket

The investment was part of Agility’s strategy to expand across digital logistics and e-commerce in high-growth markets

Fugro

Geo-data solutions provider Fugro expands its presence in the Middle East

The facility will host a remote operations centre expanding the company’s remote and autonomous capabilities, transforming the maritime sector

Laliga Football

LaLiga football league partners with Dubai-based Galaxy Racer to spur growth

The joint venture aims to transform the sports league’s brand presence in the Middle East and North Africa region and the Indian subcontinent

India's SpiceJet in talks to raise $200m to ease financial woes

India’s SpiceJet in talks to raise $200m to ease financial woes

The carrier will also spin off its cargo business into a separate company, SpiceXpress, in the quarter ending September 30

Whatsapp

WhatsApp rolls out in-app shopping product with India’s JioMart

The new feature lets users in India shop for products from JioMart, and pay for them directly within the app

Apple India

Apple plans to manufacture iPhone 14 in India

The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone

Dubai’s DXB records 27.9 million passengers in first six months of the year

DXB handled a total of 154,993 flight movements in H1 2022, up 55.9 per cent compared to the first half of 2021

Emirates

Dubai’s Emirates to introduce A380 service to Bengaluru

Bengaluru will be the second city in India to be served by the Emirates A380 aircraft

Asia’s richest men prep for battle as Adani enters Ambani’s turf

Asia’s richest men prep for battle as Adani enters Ambani’s turf

Gautam Adani had overtaken Mukesh Ambani as Asia’s richest man a few months earlier