Dubai International Financial Centre (DIFC) is hoping to host 100 Indian companies in the free zone by 2024. That’s a five-fold increase on the 20 Indian firms registered at present. The move follows the August visit by Indian Prime Minister Narendra Modi to the UAE to increase bilateral trade with the country by 60% over the next five years. Over 40,000 companies in the UAE have been set up by non-resident Indians who contribute to an estimated $55 billion in investments.
Indian state shuts some Domino's, Pizza Hut outlets, citing hygiene lapses
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
ADNOC's XRG advances global gas strategy with Venezuela entry
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Iger, Kushner purchasing Lakers for record $12.5 billion
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
Chair of India's Tata to step down after tension with controlling charity
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Emirates offers flyers to Dubai unlimited free date changes
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
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Pinoy Expat Corner
What are the rules and laws in the UAE regarding car modifications that every car owner should know?
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Pinoy Expat Corner
What inspired them to choose running as their form of exercise despite their busy work schedules as OFWs?
