Going beyond $: India, UAE sign -dirham trade pact
Saturday, 15 July 2023 The Reserve Bank of India (RBI) and the Central Bank of UAE on Saturday decided to move further on strengthening the economic engagement between the two countries by agreeing to allow exporters and importers from either side to invoice and pay in their respective domestic currencies — rupee and dirham — while working on a messaging system that could be an alternative to SWIFT (Society for Worldwide Interbank Financial Telecommunication), the globally used system to remit money across borders.
In a stark reminder of the climate crisis, heavy rain hits the desert nation of the UAE, prompting the closure of schools and offices. Trucks are deployed to tackle flooding in several areas, highlighting the struggle with large-scale rainfall. Join us as we explore the impact of extreme weather events and the urgent need for climate resilience in the region.
#DubaiRain #UAE #UAERains #UAEFlood #UAESchools #DubaiFlood #DubaiFlights #UnitedArabEmirates #Oneindia
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Abu Dhabi and Dubai experienced heavy rain and thunderstorms earlier than expected, prompting an amber alert across the UAE. Moderate to heavy rainfall hit various areas, accompanied by lightning and thunder. Dubai Police issued safety warnings, urging caution and avoiding certain areas. Dubai Airports and PCFC announced measures in response to the inclement weather. The UAE braces for further rainfall, with May 2-3 identified as the peak period.
#DubaiFloods #Dubai #DubaiWeather #DubaiWeatheralert #UAE #DubaiClimate #AbuDhabi #WeatherAlert #Worldnews #Oneindia #Oneindianews
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The United Arab Emirates unveils a $544 million fund for repairs following record-breaking rains and widespread flooding. Learn more about the government's response to the aftermath of the historic rainfall and its commitment to supporting affected Emirati families.
#Dubai #DubaiFloods #DubaiRains #DubaiFlood #DubaiNews #UAEFloods #UAERains #UAENews #OmanRains #Oneindia
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RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns. Kotak Mahindra's failure to meet data storage requirements led to RBI directives. Similar actions were taken against HDFC Bank in 2020. The events underscore the need for stronger regulatory mechanisms.
#kotakmahindrabankopenaccountzerobalance #kotakmahindrabank #kotakmahindrabanknews #kotakmahindrabankcreditcard #kotakmahindrabankcreditcardapply #kotakmahindrabankpersonalloan #RBI #RBInews #Moneynews #Oneinda #Oneindia news
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Prime Minister Narendra Modi has departed from India for an official visit to France and UAE this morning. He is visiting France at the official invitation of President Emmanuel Macron from July 13 to..
Prime Minister Narendra Modi on Saturday held talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan to further deepen the multifaceted bilateral ties.... IndiaTimes
Prime Minister Narendra Modi on Saturday concluded his day-long "productive" visit to the UAE during which he held bilateral talks with President Sheikh Mohamed... IndiaTimes