#India

Mubadala to double down on tech after $1.2bn Jio stake

The $232bn fund is looking at India, China and Southeast Asia for potential investments

saudi arabia riyadh

Saudis cut July oil supply to some Asian buyers by up to 40%

The cuts were widespread across the region from South Asia and Southeast Asia to some parts of North Asia

​Abu Dhabi Investment Authority acquires stake in Peruvian power company

Abu Dhabi to invest $752m in Reliance Industries’ digital arm

The deal comes days after the emirate’s Mubadala Investment spent $1.2bn on a 1.85 per cent stake in Jio

Ambani’s Jio platforms sells $1.2bn stake to Mubadala

Facebook invested $5.7bn in Jio in April for a roughly 10 per cent stake

India issues new guidelines for international arrivals

India began its ‘Mission Vande Bharat’ earlier this month to repatriate its nationals stranded abroad

Third phase of repatriation flights from the UAE to India to begin this week

In the next phase, 81 repatriation flights will be operated from May 26 until June 4

Indian embassy in Kuwait temporarily halts online registration for repatriation

The embassy said the service will resume after initial registrations have been accommodated

Saudi wealth fund exploring an investment in Reliance Jio

Facebook last month agreed to pay $5.7bn for a 10 per cent stake in the digital unit

Covid-19: 88 ICU nurses from India arrive in the UAE to assist efforts

The move comes as the UAE has boosted capacity by opening new field hospitals across the country

Video: First repatriation flights from the UAE to India take off

The flights, operated by Air India Express, headed to Kerala in India

Revealed: Indian repatriation flight schedule from the UAE

There will be 10 Air India flights organised from Dubai, Sharjah and Abu Dhabi to India from May 7-13

Indians in the GCC who lost their jobs to be given priority for repatriation

India will begin repatriating nationals stranded abroad in a phased manner beginning from May 7

India to begin repatriation of stranded citizens, including from UAE, this week

Citizens will be transported via aircraft and naval ships and will be quarantined for 14 days upon arrival at their destination in India

sharjah airport

Registration opens for Indians in the UAE seeking to return home

Officials said the decision on resumption of passenger flights to India “will be taken in due course”

India bans flights indefinitely in extreme step to contain virus

The order applies to local and foreign airlines

India Supreme Court

Indian Supreme Court suspends repatriation of citizens, including from UAE

It has decided to defer for four weeks all petitions brought before it related to repatriation of Indians stranded in various countries abroad

UAE-India flights may resume by mid-April – report

India banned all international commercial passenger aircraft starting March 22

Saudi Arabia bans travel, flights to EU, India, Philippines, among other countries

It has given a 72-hour period for its citizens and residents from the countries on the list to return to the kingdom

India’s Reliance, Saudi Aramco accelerate refinery stake sale talks

In August, Reliance valued its oil-to-chemicals division at $75bn including debt, implying a $15bn valuation for a 20 per cent stake

India Keeps Policy Rate Unchanged, Sounds Tough On Inflation

The Reserve Bank of India (RBI) left the repo rate at 8.00 percent, as expected by nearly all 43 economists surveyed for a poll published last week.

The Rise Of Remittance

As remittances grows, Gulf Business investigates whether huge currency volatilities present a challenge or an opportunity for investors.

Emirates Pumps $596m Into Indian Economy

The Dubai-based airline also supports over 72,000 jobs in India through its operations, says study.

Kindle Comes to India

Amazon launched a Kindle store in India and is set to sell the Kindle e-reader.

How The Eastern Slowdown Could Sting The GCC

With a combined GDP of over $9 trillion, China and India were poised to offset slower growth in the West, but recent developments have proved otherwise.

India’s Jet Airways Introduces Sharjah-Mumbai Route

The Indian carrier will also resume services to Kuwait and Bahrain from Kochi in its winter schedule.