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World Investment Report 2019
The World Investment Report 2019 released by the UN Conference on Trade and Development (UNCTAD) makes the following observations: The global Foreign Direct Investment (FDI) flows slid for the third consecutive annual decline by 13 per cent in 2018 to ..
UAE Approves National Strategy for Wellbeing 2031
The United Arab Emirates (UAE) has adopted the 12-year National Strategy for Wellbeing 2031 to improve quality of life for Emiratis and residents. National Strategy for Wellbeing 2031 The National Strategy for Wellbeing 2031 aims to make the UAE a ..
Gold Card Permanent Residency Scheme of UAE
The UAE has launched the Gold Card Permanent Residency Scheme for expatriates. Under the scheme, permanent residency status would be granted to exceptional professionals and investors. The Golden Card will offer unprecedented benefits to the cardholders and their families while ..
Indian Charity sets Guinness Records for holding Longest Iftar
PCT Humanity, a charity run by an Indian named Joginder Singh Salaria in the United Arab Emirates (UAE), sets a new Guinness World Records for ‘Longest Line of Hunger Relief Package’ in Abu Dhabi. Key Highlights Indian expat Joginder Singh ..
India to stop Importing Crude Oil from Iran
In the backdrop of the US refusal to extend the sanctions waiver for India to import crude from Iran, the Ministry of Petroleum and Natural Gas has taken steps necessary steps to end the imports from Iran. Even though India ..
Month: Current Affairs - April, 2019
World Book Day 2019
23rd of April is observed as World Book by UNESCO and other related organisations every year. The city of Sharjah has been selected as the World Book Capital for the year 2019. World Book Day 2019 is the 24th edition ..
Month: Current Affairs - April, 2019
US to End Sanctions Waivers to India
Reports suggest that the US could terminate the sanctions waivers it granted to some importers of Iranian oil after it re-imposed sanctions on Iran last year. Ending of Sanction Waiver Reports indicate that the US has already communicated to seven ..
Month: Current Affairs - April, 2019
World Bank’s Migration and Development Brief
As per the report of the World Bank’s Migration and Development Brief, India has retained its position as the world’s top recipient of remittances (money sent back home by its nationals working abroad) in 2018. World Bank Report on Remittances ..
Month: Current Affairs - April, 2019
UAE awards PM Narendra Modi with Highest Civilian Honour
United Arab Emirates (UAE) has been conferred with the prestigious Zayed medal by President of the UAE Sheikh Khalifa bin Zayed Al Nahyan. PM Modi has been awarded in recognition of efforts in giving “a big boost” to bilateral relations between ..
UAE scraps ‘profession’ criteria for expats to sponsor family
The United Arab Emirates (UAE) has approved a new rule for expats under which foreign workers will now be able to sponsor their family members if they fulfil certain income criteria and has scrapped the previously listed ‘professions’ criterion. Indians in UAE ..