Agreement signed during meeting held between Culture Ministers of the two countries in Riyadh
India
Latest in India
Emirates NBD
Emirates NBD’s open offer for stake in RBL Bank to launch on December 12
Date set for open offer that could see Emirates NBD Bank acquire up to 26% of its shares from public shareholders
China
India to triple incentives for rare earth magnet manufacturing to $788 million
Indian government aims to significantly increase support for domestic rare earth magnet manufacturing to enhance domestic output and ease dependence on Chinese imports
cepa
CEPA powers $37.6bn India–UAE trade boom, leaders set sights on $100bn by 2030
India–UAE CEPA trade surges 33.9 per cent to $37.6bn in H1 2025 as leaders unveil new research roadmap, with $100bn target set for 2030
India
India announces major new passport rules from September 1
Indian expats in Dubai and across the UAE will face new rules when applying for passports
bilateral cooperation
India and China agree to restore flights and trade flow after minister Wang’s visit
Exact date for resumption of flights yet to be determined; countries agree to boost trade and investment, along with smooth facilitation of visas
Donald Trump
Trump’s global tariffs take effect, India hit hardest with 50% over Russia oil trade
The deadline has now passed and Trump’s sweeping new tariff regime is in effect, marking the most expansive US trade action since the 1930s
branded residence
Branded real estate: Four Seasons completes Mumbai residential tower with 80% units sold
Described as one of the world’s tallest branded residential towers, the project comprises just 41 homes across 64 floors
Bangladesh
UAE Golden Visa: VFS Global announces major India and Bangladesh update
Residents of India and Bangladesh given UAE Golden Visa boost
India
UAE and India deepen economic partnership as 22,415 Indian firms enter UAE in H1
There are now 264,687 Indian firms operating in the UAE
India
US issues major travel advisory to India citing ‘crime’ and ‘terrorism’
The US State Department identified potential targets as tourist locations, transportation hubs, markets and shopping malls, and government facilities in its travel advisory
Amazon
Amazon to invest $233mn this year in India to expand operations
Investment to enhance infrastructure, technology and delivery capabilities; a portion of it to be allocated towards employee well-being
India
Philippines grants visa-free entry for Indian nationals
The Philippine Embassy in Abu Dhabi has announced visa-free entry policies for Indian nationals, effective June 8, 2025
alternative investment fund
Bahrain’s Investcorp sells entire stake in Indian retailer Citykart
Alternative investment firm Investcorp sells entire Citykart stake to TPG NewQuest and A91 Partners
Aviation
India’s IndiGo co-founder plans $800mn stake sale: Report
This is Gangwal’s third share sale since March 2024, having previously sold shares worth over $2 billion via block trades
Bangladesh
India cuts key imports from Bangladesh: Report
The move comes amidst the growing rift in relations between the two neighboring South Asian countries
Aviation
India’s IndiGo launches direct flights to Fujairah from Mumbai
The new service marks IndiGo’s 41st international destination
