REVEALED: 28 | Vintage Vibes

India, UAE mull options to curb foreign exchange rate risks on rupee trade

NEW DELHI: India is looking to work out a mechanism to hedge exchange rate risks in the proposed rupee-based trade with the United Arab Emirates to limit losses for exporters, an India official told reporters on Thursday.

The Times of India · Mar 23, 2023

UAE Condemns Israeli Minister for Denying Existence of Palestinian People

The United Arab Emirates condemned on Tuesday statements by Israeli Minister of Finance Bezalel Smotrich in which he denied the existence of the Palestinian people. The UAE also condemned his use of a map of Israel that includes lands from Jordan and the occupied Palestinian territories, reported the state news…

Asharq Al-Awsat · Mar 21, 2023

Iran Expects its Rial to Improve after ‘Financial Understandings’ with Iraq, UAE

Iran has reached an agreement with the United Arab Emirates (UAE) to facilitate trade movement between their countries using the Emirati currency, the dirham. In another deal with Baghdad, Tehran agreed to a new mechanism for the settlement of payments related to Iraqi energy arrears to Iran. Agreements with the…

Asharq Al-Awsat · Mar 21, 2023

UAE President, Iran National Security Secretary Discuss Issues of Common Interest

United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan received in Abi Dhabi on Thursday Secretary of the Supreme National Security Council of Iran Ali Shamkhani. Discussions focused on bilateral relations and ways to bolster cooperation between their countries in various fields to achieve common interests. The officials also…

Asharq Al-Awsat · Mar 17, 2023

Senior Iranian official visits UAE on heels of Saudi deal

A senior Iranian official has visited the United Arab Emirates just days after Tehran agreed to restore diplomatic relations with Saudi Arabia in a Chinese-brokered deal

The Independent UK · Mar 16, 2023

Shamkhani Heads to UAE Thursday

Iran's Supreme National Security Council secretary Ali Shamkhani will visit the United Arab Emirates (UAE) on Thursday, amid regional rapprochement, Nour News, which is affiliated with the Iranian top security body, reported. His visit to Abu Dhabi comes at a time of growing rapprochement between Iran and Gulf countries.

Asharq Al-Awsat · Mar 16, 2023

Thugs throw punches in bloody brawl on flight as kids scream in terror

Footage shows the brawl on board a Fly Dubai flight from Yekaterinburg, Russia, to Dubai in the United Arab Emirates, with cabin crew left helpless as punches fly

Daily Mirror · Mar 14, 2023

India Prefers Use of UAE Dirham in Foreign Trade Settlement

India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with its neighbor. India, which has emerged as a top buyer of Russian oil as well as…

Asharq Al-Awsat · Mar 14, 2023

Minister KT Rama Rao urges UAE ambassador to release five Telangana NRIs

HYDERABAD: Telangana NRIs and municipal minister KT Rama Rao urged the United Arab Emirates (UAE) ambassador Abdul Nasser Al Shaali to release five people belonging to Telangana, who are serving imprisonment in connection with a murder case of Nepali citizen Dil Prasad Roy in Dubai for the past few years.

The Times of India · Mar 13, 2023

UAE Leaders Congratulate President of China on Re-Election

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan sent on Friday a message of congratulations to Xi Jinping on his re-election as President of China, reported the UAE's state news agency WAM. Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum also sent…

Asharq Al-Awsat · Mar 10, 2023