Abu Dhabi

IIT Delhi opens first int'l campus with batch of 52 students in Abu Dhabi

The first overseas campus of IIT Delhi was formally inaugurated by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi. The first batch comprises of 52 selected students in the JEE Advanced exam

Soon, board flight at Abu Dhabi airport sans passport, ticket: Here's how

By 2025, Zayed International Airport wants to be the world's first fully document-free airport

UAE reportedly deports university student who yelled 'Free Palestine'

At the graduation ceremony of New York University Abu Dhabi this May, a student wearing the traditional Palestinian black-and-white keffiyeh scarf shouted Free Palestine! as he crossed the stage to receive his diploma, witnesses say. Days later, he reportedly was deported from the United Arab Emirates. The incident at the graduation comes as the UAE tries to balance its diplomatic recognition of Israel with the ongoing Israel-Hamas war that's devastated the Gaza Strip. While offering aid to the Palestinians, there have been none of the mass demonstrations that swept the Arab world here in the UAE, a federation of seven emirates that tightly controls speech and where political parties are illegal. That's stretched into academic life at NYU Abu Dhabi, where students say activities over the war have been barred, and into cultural events in the country's capital as well where those wearing the keffiyeh have been stopped from entering. I think the government and the laws of the country .

Purplle group raises Rs 1,000 crore from Abu Dhabi Investment Authority arm

Omni-channel beauty platform Purplle Group on Monday announced raising Rs 1,000 crore in a funding round led by a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA). Other investors also participated in the funding and the fresh capital was raised through a combination of primary and secondary shares issuance, according to a statement from Purplle Group. Besides, Purplle has also announced a Employee Stock Ownership Plan (ESOP) liquidity programme and will offer liquidity of Rs 50 crore to its employees. Purplle Co-Founder & CEO Manish Taneja said: "We will constantly innovate and leverage our technology and data capabilities to provide our customers with the best omni-channel experience. In increasing its shareholding in Purplle, ADIA has continued to support us as we pursue our vision of building a sustainable and profitable business." Purplle is one of the fastest-growing retailers in the beauty and personal care (BPC) segment, having grown its GMV by four times ..

It's Dubai vs Abu Dhabi in race for supremacy in family office riches

That question - Abu Dhabi or Dubai? - is a common one among billionaires, fund managers, startup founders, trust attorneys and even fraudsters who are either in or seeking a slice of the insular world

Planning destination wedding? Abu Dhabi to offer visa support to Indians

Abu Dhabi Convention and Exhibition Bureau's Destination Wedding segment is focusing on extending visa support to Indian weddings, covering visa costs

Plan your destination wedding in Abu Dhabi with UAE's enhanced visa support

To establish Abu Dhabi as a premier wedding destination, the Abu Dhabi Convention and Exhibition Bureau (ADCEB) has announced an initiative to extend visa support to Indian nationals hosting weddings across the Emirate. The ADCEB, which is a part of the Department of Culture and Tourism Abu Dhabi, is undertaking this initiative to establish the UAE capital as a premier wedding destination, a statement released here said. The recently announced new visa initiative contributes to Abu Dhabi's tourism strategy 2030, which aims to boost visitor numbers to 39.3 million by 2030. The destination wedding segment is among the newest verticals to join the ADCEB as part of an overarching objective to attract domestic and international visitors and increase the sector's contribution to the GDP to AED 90 billion as per the 2030 strategy, the statement said. India is recognised as one of the largest markets for destination weddings globally, making it a key target market for Abu Dhabi. By extend

ADIA, KKR invest Rs 12,864 crore in Reliance Retail warehousing assets

This investment is separate from the infrastructure investment trust (InvIT) established by RRVL last year, which was intended to accommodate approximately half of its retail warehousing assets

Dubai rains: Indian Embassy in UAE notifies travel advisory for passengers

Dubai International Airport has temporarily limited the number of inbound flights due to unprecedented weather conditions

G42 made secret pact with US to divest from China before Microsoft deal

In exchange for the Chinese divestment, G42 was assured that it would have continued access to US technology that powers AI applications, one of the people said

National interest trumps global trade

The Abu Dhabi conference highlights any progress for India at the WTO hinges on renewed US engagement in the trade body

'Abu Dhabi Investment Authority acquires SpiceJet shares from open market'

SpiceJet on Monday said Abu Dhabi's sovereign wealth fund ADIA has acquired shares of the airline from the open market. However, the carrier did not disclose specific details. A source close to the airline said Abu Dhabi Investment Authority (ADIA) started buying shares in late February. The no-frills carrier is facing multiple headwinds and is in the process of raising funds. "ADIA has acquired shares of the airline from the open market," a SpiceJet spokesperson said on Monday. In recent weeks, the carrier has raised a total of Rs 1,060 crore through preferential issuance of securities. On December 12, the airline had said it would raise fresh capital of Rs 2,250 crore. Shares of SpiceJet declined 1.50 per cent to Rs 62.58 apiece on BSE. As of February 21, 2024, public shareholders, including Foreign Portfolio Investors (FPIs), held 51.51 per cent stake in the carrier, according to stock exchange data.

WTO MC13: Abu Dhabi meet ends with no consensus on agri, fisheries

Countries agree to renew the e-commerce moratorium until next ministerial

WTO fails on major reforms, extends digital tariff ban in Abu Dhabi meeting

On the 5th day of the ministerial meeting, most ministers had already gone home, although India's trade minister Piyush Goyal and European Trade Commissioner Valdis Dombrovskis remained until the end

WTO issues new draft deals post all-night talks, some issues unresolved

A draft agriculture deal showed that a key reform sought by India on permitted government support levels for farmers was still not agreed, with two alternative solutions sitting side by side

WTO talks deadline extended again as ministers struggle to crack deals

The final gathering, pushed back for a second time, is now set for 2 p.m. Abu Dhabi time - past the original end of Thursday evening

Govt expresses concerns in WTO meet over unilateral protectionist measures

India on Monday expressed "serious" concerns in a WTO meeting in Abu Dhabi over increase in the use of trade protectionist measures by certain countries in the name of environment protection. The remarks assume significance as the country has earlier flagged issues over the European Union's (EU) decision to impose carbon tax (a kind of import tax) on sectors such as steel and fertiliser; and adoption of deforestation regulation by the 27-nation bloc. Speaking at a session on sustainable development and policy space for industrialisation, Commerce Secretary Sunil Barthwal said developing countries require flexibility in the existing WTO (World Trade Organization) agreements to overcome the constraints faced by them in their industrialisation. He also expressed concerns on the concerted attempt by the developed countries to club long-standing development issues like policy space for industrial development with new issues of 'Trade and Industrial policy'. The CBAM (Carbon Border ...

Global economy weighed down by war, uncertainty & instability: WTO chief

The head of the World Trade Organisation warned on Monday that war, uncertainty and instability are weighing down the global economy and urged the bloc to embrace reform as elections across nearly half the world's population could bring new challenges. WTO Director-General Ngozi Okonjo-Iweala sought to offer some praise for her organisation as it held its binneial meeting in the United Arab Emirates, even as it faces pressure from the United States and other nations. But she was blunt about the risks ahead, as higher prices for food, energy and other essentials sting people's pockets, fuelling political frustration. People everywhere are feeling anxious about the future and this will be felt at the ballot box this year, she said. None are perhaps more critical for the WTO than the US presidential election on November 5. Running again is former President Donald Trump, who threatened to withdraw the US from the WTO and repeatedly levied tariffs taxes on imported goods on perceived

WTO to open biennial meeting in United Arab Emirates as challenges loom

The World Trade Organisation will open its biennial meeting Monday in the United Arab Emirates as the bloc faces pressure from the United States and other nations ahead of a year of consequential elections around the globe. The WTO's 164 member nations will discuss a deal to ban subsidies that contribute to overfishing, extending a pause on taxes on digital media like movies and video games, and agricultural issues. But headwinds remain for the organisation and the world's economy, particularly as the recovery from the coronavirus pandemic remains uneven across nations. Meanwhile, there are more than 50 elections affecting half the planet's population planned for this year perhaps none more critical for the WTO than the US presidential election on November 5. Running again is former President Donald Trump, who threatened to withdraw the US from the WTO and repeatedly levied tariffs taxes on imported goods on perceived friends and foes alike. A Trump win could again roil global ..

'Not in dreamland': WTO aims for modest outcomes at Abu Dhabi meet

'Tough' politics complicate deal-making, says Ngozi Okonjo-Iweala, WTO chief