What began as a mentor-protege relationship between UAE President Mohammed bin Zayed and Saudi Crown Prince Mohammed bin Salman has now evolved into a broader contest over influence, strategy, and leadership in the Middle East, points out Asif Ullah Khan.
'Sebi's move to cap brokerage charges will help investors by lowering the overall cost of investments.'
The 100-stock largecap basket of Mutual funds (MFs) has seen a major reshuffle in the latest semi-annual reclassification with seven midcap stocks and four new listings earning the largecap tag. According to a report from Nuvama Alternative & Quantitative Research, the midcap stocks that have been upgraded include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India, and Info Edge.
The OCCRP report alleges that at one point, EIFF and EMRF held free-floating shares ranging from 8 per cent to nearly 14 per cent in the four Adani Group companies.
'Preliminary investigations suggest that the cause of the fires are small flying objects, possibly belonging to drones, that fell in the two areas. Teams from the competent authorities have been dispatched and the fire is currently being put out,' news reports said.
Floods triggered by the torrential rain since June 14 have wreaked havoc, inundating a vast swathe of flat land in the south and southwest of the country.
Food blogger Manasi Sadarangani shows you easy and quick baking chocolate cupcakes is.
The attack did not result in any human losses, it said, adding that the remnants of the intercepted and destroyed ballistic missiles fell in separate areas around Abu Dhabi.
The blast occurred in the container aboard the vessel, preparing to dock away from the Jebel Ali Port's main shipping line at around midnight.
A single burger served up in Dubai during a charity auction has fetched Rs 4.4 lakh ($7,000), breaking the record for highest price paid for the fast food.
Since becoming the president of the UAE, Sheikh Khalifa has presided over a major restructuring of both the Federal Government and the government of Abu Dhabi.
Days after Pakistan Army chief General Ashfaq Parvez Kayani called for an end to drone attacks in his country, unmanned American spy planes today unleashed 10 missiles at a compound in the volatile North Waziristan, killing at least 25 people, including civilians.
OPEC was in continuous talks with the World Energy Forum and the International Energy Agency to ensure market stability.
A United States official is set to hold talks in the United Arab Emirates, Bahrain and Lebanon this week on sanctions imposed by the United Nations Security Council on Iran over its nuclear programme.
The United Arab Emirates government is in 'constant contact' with Indian officials over its Air Force plane, which was detained in Kolkata on Monday for carrying arms, a senior official has confirmed. UAE Foreign Ministry's Director-General Juma Al Junaibi confirmed this today evening in a statement released to the country's official news agency Wam. In his statement, Al Junaibi stressed the deep-rooted relations between the UAE and India.
All institutions registered with the United Arab Emirates's labour ministry will have to pay their workers' wages and salaries from September this year through a new system that seeks to protect the rights of workers in the country.
A 10 per cent increase will be allowed if the rent value is 36-45 per cent less, while a 15 per cent hike can ensue if the rent value is 46-55 per cent less than the prescribed guidelines.
The United Arab Emirates confirmed it would allow Israel's Andy Ram to play in next week's men's Dubai Tennis Championships, the state news agency WAM said on Thursday. A UAE foreign ministry official was quoted as saying the doubles specialist would be given 'special permission' to take part in the tournament.
Aseem Chhabra watched some great films and some huge disappointments in 2021.
A 35-year-old Nigerian woman, who was travelling to India for treatment of cancer, died in Abu Dhabi on Monday while in transit after showing symptoms similar to those of deadly Ebola virus, UAE health officials said.
A surprised United Arab Emirates has asked US Vice President Joe Biden to clarify his statement after he suggested that America's Middle Eastern allies were partly to blame for aiding the Islamic State militant group.
Samsung last week suspended sales of its latest flagship smartphone and announced a recall of 2.5 million units already sold, after faulty batteries caused some handsets to explode during charging.
The award has earlier been bestowed on several world leaders, including Russian President Vladimir Putin, Britain's Queen Elizabeth II and Chinese President Xi Jinping.
Given the volatility of the global marketplace, India is already on a strong wicket and well poised to provide a lucrative option to foreign investors.
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