Post-pandemic trend of wealthy resident Indians seeking to shift to relatively safe places is driving a rush to acquire properties in Dubai
indian expats
Edtech
UAE set to see large-scale migration of tech talent from India
The ambitious digital drive and growing startup incubation in the UAE, coupled with a slowdown facing startups in certain sectors such as online education, are fuelling the talent flow
currency market
Indian rupee could fall to 77 against dollar on concerns on FII outflow, high crude prices
Gulf-based expat Indians account for a larger share of NRI remittances to India, which tend to surge whenever the rupee tumbles
indian expats
UAE is the top destination for Indian workers abroad, says minister
India’s Minister of State for External Affairs says the UAE is most popular for overseas work, ahead of Saudi Arabia, Qatar, the US and Oman
Dr Anup P. Shah
Q&A: Is India seeking to tax NRIs in the Gulf?
India’s new law looks to collect taxes from Indians living abroad who wouldn’t normally have to pay taxes, even if they don’t set foot in the country for a single day
foreign remittances
Fiscal year-end demand, rising crude prices spook India rupee in the short-term
The rupee exchange rate is predicted to fall, and could reach 75 rupees against the dollar, which could spur higher remittances from the Gulf to India
Bahrain
Modi honoured with Order of Zayed during UAE visit
Leaders discussed bilateral trade and ongoing security issues in Asia and Arabian Gulf
indian expats
NRIs returning to invest to Indian property market
Bangalore is the favourite investment destination for NRIs
economic slowdown
Indian workers migrating to Gulf region dropped 21% in 2018
All top five destination countries in Gulf such as UAE, Saudi Arabia, Kuwait and Oman have seen a decline in new workers coming from India last year