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                <title>United Arab Emirates (UAE) - Loktej English</title>
                <link>https://english.loktej.com/tag/536/rss</link>
                <description>United Arab Emirates (UAE) RSS Feed</description>
                
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                <title>Donald Trump Welcomes UAE's Decision to Exit OPEC</title>
                                    <description><![CDATA[<p>U.S. President Donald Trump has welcomed the United Arab Emirates' historic decision to exit the Organization of the Petroleum Exporting Countries (OPEC).</p>
<p>He praised UAE President Sheikh Mohammed bin Zayed Al Nahyan, calling him a visionary leader. Trump believes that this move will increase competition in oil production, leading to a decrease in crude oil and gas prices in the global market. He stated that the UAE's decision could prove beneficial for American consumers and the global economy, as exiting OPEC would allow the UAE to increase production at its discretion.</p>
<p>The UAE's decision to leave OPEC has surprised energy</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/26153/donald-trump-welcomes-uae-s-decision-to-exit-opec"><img src="https://english.loktej.com/media/400/2026-04/united-arab-emirates-uae.jpg" alt=""></a><br /><p>U.S. President Donald Trump has welcomed the United Arab Emirates' historic decision to exit the Organization of the Petroleum Exporting Countries (OPEC).</p>
<p>He praised UAE President Sheikh Mohammed bin Zayed Al Nahyan, calling him a visionary leader. Trump believes that this move will increase competition in oil production, leading to a decrease in crude oil and gas prices in the global market. He stated that the UAE's decision could prove beneficial for American consumers and the global economy, as exiting OPEC would allow the UAE to increase production at its discretion.</p>
<p>The UAE's decision to leave OPEC has surprised energy experts worldwide. According to a report by ASK Wealth Advisors, while the immediate impact on prices is uncertain, it may weaken coordination regarding future oil supply. The report warned that amid ongoing tensions in the Strait of Hormuz, this step by the UAE could make the trading range more volatile.</p>
<p>A lack of coordination within OPEC Plus could reduce the 'cartel premium,' leading to significant price fluctuations. On the other hand, renowned economist Jeffrey Sachs expressed deep concern regarding this change. He warned that the UAE's exit could prove to be a 'strategic mistake' amid rising geopolitical tensions and crude oil prices surpassing $100 per barrel.</p>
<p>According to Sachs, ongoing disruptions in oil and gas supply could push the global economy towards a severe crisis and widespread instability. He emphasized that coordinated supply management is crucial during this global shift from fossil fuels to renewable energy.</p>
<p> </p>
<p> </p>
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                                                            <category>International</category>
                                    

                <link>https://english.loktej.com/article/26153/donald-trump-welcomes-uae-s-decision-to-exit-opec</link>
                <guid>https://english.loktej.com/article/26153/donald-trump-welcomes-uae-s-decision-to-exit-opec</guid>
                <pubDate>Thu, 30 Apr 2026 18:59:15 +0530</pubDate>
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                                    <dc:creator><![CDATA[Loktej English Team]]></dc:creator>
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                <title>Vice President and Prime Minister express grief over death of Indian pilgrims in Medina bus accident</title>
                                    <description><![CDATA[<p>New Delhi: Vice President C. P. Radhakrishnan and Prime Minister Narendra Modi on Monday expressed deep sorrow over the death of several Indian pilgrims in a bus accident near Medina in Saudi Arabia. The victims were part of a group travelling for Umrah, as per agency report.</p>
<p>The bus, carrying nearly 40 Indian nationals, many of them from Telangana, reportedly collided with an oil tanker around 1:30 am (Indian time). Television visuals showed the vehicle engulfed in flames, with thick smoke rising into the air.</p>
<p>Vice President Radhakrishnan said he was deeply saddened by the road accident near Medina and</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/22431/vice-president-and-prime-minister-express-grief-over-death-of"><img src="https://english.loktej.com/media/400/2025-01/sad-death-tragic-news-candle-condolence-tribute.jpg" alt=""></a><br /><p>New Delhi: Vice President C. P. Radhakrishnan and Prime Minister Narendra Modi on Monday expressed deep sorrow over the death of several Indian pilgrims in a bus accident near Medina in Saudi Arabia. The victims were part of a group travelling for Umrah, as per agency report.</p>
<p>The bus, carrying nearly 40 Indian nationals, many of them from Telangana, reportedly collided with an oil tanker around 1:30 am (Indian time). Television visuals showed the vehicle engulfed in flames, with thick smoke rising into the air.</p>
<p>Vice President Radhakrishnan said he was deeply saddened by the road accident near Medina and extended his condolences to the affected families. He expressed heartfelt sympathy towards the bereaved families and prayed for the speedy recovery of the injured.</p>
<p>Prime Minister Modi also conveyed grief in a post on X, stating that he was extremely pained by the tragedy involving Indian citizens in Medina. He expressed solidarity with the families who had lost their loved ones and wished a quick recovery for all those injured.</p>
<p>The Prime Minister said the Indian Embassy in Riyadh and the Consulate in Jeddah were providing all possible assistance and remained in close touch with Saudi authorities.</p>
<p>Minority Affairs Minister Kiren Rijiju described himself as shocked and deeply saddened by the news of the deaths of several Indian pilgrims in the accident on the Medina–Mecca highway. He also extended his condolences to the grieving families.</p>]]></content:encoded>
                
                                                            <category>International</category>
                                            <category>India</category>
                                    

                <link>https://english.loktej.com/article/22431/vice-president-and-prime-minister-express-grief-over-death-of</link>
                <guid>https://english.loktej.com/article/22431/vice-president-and-prime-minister-express-grief-over-death-of</guid>
                <pubDate>Mon, 17 Nov 2025 15:30:36 +0530</pubDate>
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                                    <dc:creator><![CDATA[Loktej English Team]]></dc:creator>
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                <title>India and Saudi Arabia sign bilateral Haj agreement; quota for 2026 set at 1,75,025 pilgrims</title>
                                    <description><![CDATA[<p>New Delhi, November 10 – Minority Affairs Minister Kiren Rijiju has signed a bilateral Haj agreement in Jeddah confirming India’s Haj quota for 2026 at 1,75,025 pilgrims.</p>
<p>As per agency report, Rijiju, who was on an official visit to Saudi Arabia from November 7 to 9, held a bilateral meeting with Saudi Minister of Haj and Umrah, Dr. Tawfiq bin Fawzan Al-Rabiah, in Jeddah on Sunday. During the meeting, both ministers reviewed the ongoing preparations for Haj, discussed ways to enhance coordination and logistical support, and reaffirmed their shared commitment to streamline the pilgrimage process for Indian Haj pilgrims.</p>
<p>The</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/22254/india-and-saudi-arabia-sign-bilateral-haj-agreement-quota-for"><img src="https://english.loktej.com/media/400/2025-11/mecca-hajj-yatra-muslim.jpg" alt=""></a><br /><p>New Delhi, November 10 – Minority Affairs Minister Kiren Rijiju has signed a bilateral Haj agreement in Jeddah confirming India’s Haj quota for 2026 at 1,75,025 pilgrims.</p>
<p>As per agency report, Rijiju, who was on an official visit to Saudi Arabia from November 7 to 9, held a bilateral meeting with Saudi Minister of Haj and Umrah, Dr. Tawfiq bin Fawzan Al-Rabiah, in Jeddah on Sunday. During the meeting, both ministers reviewed the ongoing preparations for Haj, discussed ways to enhance coordination and logistical support, and reaffirmed their shared commitment to streamline the pilgrimage process for Indian Haj pilgrims.</p>
<p>The meeting focused on improving facilities, transportation, accommodation, and healthcare services to ensure a smooth and comfortable experience for all pilgrims. Following the discussions, both sides signed the bilateral Haj agreement for 2026, confirming India’s national quota of 1,75,025 pilgrims.</p>
<p>Rijiju also chaired an internal review meeting with officials from the Indian Embassy in Riyadh and the Consulate General in Jeddah to assess the progress of Haj 2026 preparations. He appreciated the efforts made by the mission and consular teams in close coordination with Saudi authorities to ensure the welfare and comfort of Indian pilgrims.</p>
<p>During his visit, the Union Minister inspected key Haj and Umrah-related facilities, including Terminal 1 and the Haramain Station in Jeddah, and reviewed the available infrastructure for pilgrims. He also interacted with members of the Indian diaspora in Jeddah and Taif.</p>
<p>In a social media post, Rijiju described the signing of the agreement as an important step in strengthening India–Saudi Arabia relations. He highlighted that the discussion on Haj 2026 reaffirmed both nations’ mutual commitment to ensuring a safe, seamless, and spiritually fulfilling pilgrimage for all participants.</p>
<p>According to the official statement, the visit marks a significant milestone in the growing partnership between India and Saudi Arabia, reflecting their shared commitment to enhance cooperation in diverse areas, particularly in cultural exchange and community welfare. The visit further strengthened the spirit of friendship, mutual respect, and collaboration that has long guided India–Saudi Arabia relations, contributing positively to the welfare of pilgrims and the overall bilateral ties.</p>
<p>Rijiju was accompanied by a high-level delegation comprising Additional Secretary (Gulf) Aseem R. Mahajan and Joint Secretary (Haj) Ram Singh from the Ministry of Minority Affairs. The visit took place at the invitation of Saudi Arabia’s Minister of Haj and Umrah.</p>]]></content:encoded>
                
                                                            <category>International</category>
                                            <category>India</category>
                                    

                <link>https://english.loktej.com/article/22254/india-and-saudi-arabia-sign-bilateral-haj-agreement-quota-for</link>
                <guid>https://english.loktej.com/article/22254/india-and-saudi-arabia-sign-bilateral-haj-agreement-quota-for</guid>
                <pubDate>Mon, 10 Nov 2025 15:09:18 +0530</pubDate>
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                                    <dc:creator><![CDATA[Loktej English Team]]></dc:creator>
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                <title>India to open Asia Cup T20 campaign against UAE in Dubai on September 10</title>
                                    <description><![CDATA[<p>Dubai, September 9 – Title favourites India will begin their Asia Cup T20 campaign on Wednesday against hosts United Arab Emirates (UAE) at the Dubai International Stadium. The match, scheduled to start at 8 pm IST, is being seen as a dress rehearsal for the much-anticipated clash against Pakistan on September 14.</p>
<p>India, under head coach Gautam Gambhir, has emphasized the role of all-rounders across formats to ensure batting depth until at least the eighth position. However, the team management is yet to finalize whether to field a third spinner or an additional specialist pacer for the opener.</p>
<p>The return</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/20916/india-to-open-asia-cup-t20-campaign-against-uae-in"><img src="https://english.loktej.com/media/400/2023-02/cricket.jpg" alt=""></a><br /><p>Dubai, September 9 – Title favourites India will begin their Asia Cup T20 campaign on Wednesday against hosts United Arab Emirates (UAE) at the Dubai International Stadium. The match, scheduled to start at 8 pm IST, is being seen as a dress rehearsal for the much-anticipated clash against Pakistan on September 14.</p>
<p>India, under head coach Gautam Gambhir, has emphasized the role of all-rounders across formats to ensure batting depth until at least the eighth position. However, the team management is yet to finalize whether to field a third spinner or an additional specialist pacer for the opener.</p>
<p>The return of Shubman Gill has further strengthened the top order, where he will partner Abhishek Sharma. Tilak Varma, who has been in fine form and climbed to second in the T20 world rankings, is likely to take the crucial No. 3 spot, while captain Suryakumar Yadav could bat at either three or four. Hardik Pandya’s presence as a pace-bowling all-rounder remains vital, with Shivam Dube providing an explosive left-handed option in the middle order.</p>
<p>As per agency report, Jitesh Sharma has been preferred over Sanju Samson for the wicketkeeping slot, largely due to his finishing abilities in T20 cricket. He is expected to bat at No. 7, followed by Axar Patel, who offers both spin bowling and handy lower-order batting.</p>
<p>In the bowling department, Jasprit Bumrah, regarded as India’s finest fast bowler since Kapil Dev, will lead the attack alongside Arshdeep Singh, India’s most successful T20 bowler in recent years. This leaves one bowling spot open, where the management could choose between spinners Kuldeep Yadav and Varun Chakravarthy depending on conditions. With the September fixture expected to offer greener and bouncier wickets compared to March, India’s spin combination will be carefully assessed.</p>
<p>For UAE, this match represents a golden opportunity to test their skills against top-level opposition. Under the guidance of coach Lalchand Rajput, players like Muhammad Waseem, Rahul Chopra, and Simranjeet Singh are eager to make their mark.</p>
<p>The Asia Cup features eight teams divided into two groups, with the top two from each pool advancing to the Super Four stage. The leading sides will then battle for the title in the final on September 14.</p>
<p>India squad: Suryakumar Yadav (captain), Shubman Gill, Abhishek Sharma, Tilak Varma, Hardik Pandya, Jitesh Sharma (wicketkeeper), Shivam Dube, Axar Patel, Jasprit Bumrah, Arshdeep Singh, Varun Chakravarthy, Kuldeep Yadav, Harshit Rana, Sanju Samson, Rinku Singh.</p>
<p>UAE squad: Muhammad Waseem (captain), Alishan Sharafu, Aryansh Sharma, Asif Khan, Dhruv Parashar, Ethan D’Souza, Haider Ali, Harshit Kaushik, Junaid Siddique, Matiullah Khan, Muhammad Farooq, Muhammad Jawadullah, Muhammad Zohaib, Rahul Chopra, Rohid Khan, Simranjeet Singh, Sagir Khan.</p>]]></content:encoded>
                
                                                            <category>Sports</category>
                                    

                <link>https://english.loktej.com/article/20916/india-to-open-asia-cup-t20-campaign-against-uae-in</link>
                <guid>https://english.loktej.com/article/20916/india-to-open-asia-cup-t20-campaign-against-uae-in</guid>
                <pubDate>Tue, 09 Sep 2025 19:53:56 +0530</pubDate>
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                <title>Bilateral Investment Treaty between India and UAE Comes into Effect</title>
                                    <description><![CDATA[<p>New Delhi, October 7: The Bilateral Investment Treaty (BIT) between India and the United Arab Emirates (UAE) has officially come into effect from August 31, 2024, providing continuous investment protection to investors from both nations.</p>
<p>The Ministry of Finance released a statement on Monday announcing the implementation of the BIT between India and the UAE. The treaty, which was signed in Abu Dhabi on February 13, 2024, became effective on August 31, 2024. The ministry highlighted that this agreement ensures ongoing investment protection for investors from both countries.</p>
<p>The earlier Bilateral Investment Protection and Promotion Agreement (BIPPA), signed between India</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/14672/bilateral-investment-treaty-between-india-and-uae-comes-into-effect"><img src="https://english.loktej.com/media/400/2023-08/indian-flag.jpg" alt=""></a><br /><p>New Delhi, October 7: The Bilateral Investment Treaty (BIT) between India and the United Arab Emirates (UAE) has officially come into effect from August 31, 2024, providing continuous investment protection to investors from both nations.</p>
<p>The Ministry of Finance released a statement on Monday announcing the implementation of the BIT between India and the UAE. The treaty, which was signed in Abu Dhabi on February 13, 2024, became effective on August 31, 2024. The ministry highlighted that this agreement ensures ongoing investment protection for investors from both countries.</p>
<p>The earlier Bilateral Investment Protection and Promotion Agreement (BIPPA), signed between India and the UAE in December 2013, concluded on September 12, 2024. The Ministry of Finance expressed optimism that the new BIT would enhance trust and ease among investors, paving the way for increased bilateral investment, benefiting businesses and the economies of both nations.</p>
<p>Notably, the UAE ranks as the seventh-largest contributor to India's total Foreign Direct Investment (FDI), accounting for a 3% share, with cumulative investments amounting to approximately USD 19 billion from April 2000 to June 2024. Meanwhile, India has invested around 5% of its total FDI in the UAE, amounting to USD 15.26 billion, during the same period. Additionally, the Free Trade Agreement (FTA) between the two countries came into force on May 1, 2021.</p>]]></content:encoded>
                
                                                            <category>International</category>
                                            <category>India</category>
                                    

                <link>https://english.loktej.com/article/14672/bilateral-investment-treaty-between-india-and-uae-comes-into-effect</link>
                <guid>https://english.loktej.com/article/14672/bilateral-investment-treaty-between-india-and-uae-comes-into-effect</guid>
                <pubDate>Mon, 07 Oct 2024 19:33:11 +0530</pubDate>
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                <title> UAE Visas Now Available for Bangladeshi Citizens Worldwide through DuDigital Global</title>
                                    <description><![CDATA[<p><strong>New Delhi (India), July 12: Are</strong> you a Bangladeshi citizen dreaming of exploring the dazzling cityscape of Dubai or the cultural richness of Abu Dhabi? Your journey to the United Arab Emirates (UAE) just got easier! DuDigital Global Ltd is thrilled to announce a game-changing service for Bangladeshi nationals worldwide.</p>
<p>Bangladeshi citizens can now apply for UAE tourist visas through DuDigital Global Bangladesh, regardless of their current location.</p>
<p><strong>A Booming Travel Trend</strong></p>
<p>The launch of this service couldn’t be timelier. In 2023, over 200,000 Bangladeshi citizens travelled to the UAE for tourism and personal visits, marking a significant increase from</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/13135/%C2%A0"><img src="https://english.loktej.com/media/400/2024-07/image-38.jpg" alt=""></a><br /><p><strong>New Delhi (India), July 12: Are</strong> you a Bangladeshi citizen dreaming of exploring the dazzling cityscape of Dubai or the cultural richness of Abu Dhabi? Your journey to the United Arab Emirates (UAE) just got easier! DuDigital Global Ltd is thrilled to announce a game-changing service for Bangladeshi nationals worldwide.</p>
<p>Bangladeshi citizens can now apply for UAE tourist visas through DuDigital Global Bangladesh, regardless of their current location.</p>
<p><strong>A Booming Travel Trend</strong></p>
<p>The launch of this service couldn’t be timelier. In 2023, over 200,000 Bangladeshi citizens travelled to the UAE for tourism and personal visits, marking a significant increase from previous years. This surge reflects the growing fascination with the UAE’s blend of modernity and tradition.</p>
<p>From the futuristic skyline of Dubai to the cultural treasures of Abu Dhabi, the UAE offers a wealth of experiences for Bangladeshi travellers. Whether you’re seeking a shopping paradise, a cultural adventure, or new business opportunities, the UAE has something for everyone.</p>
<p><strong>Documents Needed for Getting the Visa</strong></p>
<ul>
<li>Passport (6 months validity)</li>
<li>Valid Visa Copies of US, UK, Canada, Schengen, Japan, Australia, China</li>
<li>2 recent photographs with a white background</li>
<li>NID</li>
<li>Bank Statement (6 months)</li>
<li>Hotel Booking</li>
<li>Tickets</li>
</ul>
<p><strong>Ready to Start Your UAE Adventure?</strong></p>
<p>Applying for your UAE visa has never been easier. Visit <a href="http://www.dudigitalglobal.com/">www.dudigitalglobal.com</a> to begin your journey today. Our team is ready to assist you every step of the way.</p>
<p>For More Information or to Speak with Our Friendly Customer Service Representatives:</p>
<ul>
<li>Dhaka: +880 19 7379 9244</li>
<li>Chittagong: +880 18 1335 5616 &amp; +880 18 2478 6183 (WhatsApp)</li>
</ul>
<p><strong>Contact Information:</strong></p>
<p>DU Digital Technologies Ltd</p>
<p>Address: 17th PBL Tower (13th Floor), Gulshan Circle 2, Dhaka-1212, Bangladesh</p>
<p>Email: manoj@dudigitalglobal.com</p>
<p>Phone Number: +880 19 7379 9244</p>
<p>Embark on your UAE adventure with confidence. Choose DuDigital Global for a hassle-free visa experience today!</p>
<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.</em></p>]]></content:encoded>
                
                                                            <category>Business</category>
                                            <category>International</category>
                                    

                <link>https://english.loktej.com/article/13135/%C2%A0</link>
                <guid>https://english.loktej.com/article/13135/%C2%A0</guid>
                <pubDate>Fri, 12 Jul 2024 18:00:21 +0530</pubDate>
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                <title>98 Inidan among 1,301 pilgrims died during Haj due to extreme heat</title>
                                    <description><![CDATA[<p>Riyadh, 24 June (HS): Saudi Arabia officials said that extreme heat in Saudi Arabia has taken a toll of at least 1,301 pilgrims during the Haj. The heat wave has affected the health services adversely. The deceased include 98 Indians. The majority of those who died were from Egypt. The temperature in Mecca was recorded at 51.66 degrees Celsius on last Monday.<br /><br />According to Saudi Arabia Health Minister Fahad bin-Abdurraheman Al-Jalajel, 83 per cent of the pilgrims who died had used unlawful methods for the pilgrimage. They were traveling long distances in high temperatures without any rest. The deceased include</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/12756/98-inidan-among-1301-pilgrims-died-during-haj-due-to"><img src="https://english.loktej.com/media/400/2024-05/temperature-summer-season-hot-wave-heat.jpg" alt=""></a><br /><p>Riyadh, 24 June (HS): Saudi Arabia officials said that extreme heat in Saudi Arabia has taken a toll of at least 1,301 pilgrims during the Haj. The heat wave has affected the health services adversely. The deceased include 98 Indians. The majority of those who died were from Egypt. The temperature in Mecca was recorded at 51.66 degrees Celsius on last Monday.<br /><br />According to Saudi Arabia Health Minister Fahad bin-Abdurraheman Al-Jalajel, 83 per cent of the pilgrims who died had used unlawful methods for the pilgrimage. They were traveling long distances in high temperatures without any rest. The deceased include the aged and sick people. Identifying them posed problems as they lacked valid documents in their possession. Now all the deceased have been identified, he added.<br /><br />The health minister said 95 Haj pilgrims are being treated in hospitals, some in Riyadh. The deceased were buried in Mecca.<br /><br />Saudi Arabia had allowed about 18 lakh (1.8 million) for the Haj. Hundreds of others joined the pilgrimage without permission, which affected the facilities created by the government. The illegal entrants had to sleep in the open sky and could not avail of the official transport facilities.<br /><br />Indian Foreign Affairs Ministry said that 1.75 lakh people reached Saudi Arabia every year for the Haj. The ministry confirmed the death of 98. Last year, 187 pilgrims died during Haj.</p>]]></content:encoded>
                
                                                            <category>International</category>
                                    

                <link>https://english.loktej.com/article/12756/98-inidan-among-1301-pilgrims-died-during-haj-due-to</link>
                <guid>https://english.loktej.com/article/12756/98-inidan-among-1301-pilgrims-died-during-haj-due-to</guid>
                <pubDate>Mon, 24 Jun 2024 12:54:25 +0530</pubDate>
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                <title>India Plans To Set Up ‘Bharat Park’ In UAE</title>
                                    <description><![CDATA[<p><strong>(L to R)</strong> <strong>Shaleen Toshniwal –Vice President, Dhiraj R. Shah, Convener-Export Award Committee, Shri Bhadresh Dodhia and Shri Piyush Goyal.</strong></p>
<p><strong>Mumbai (Maharashtra) [India], January 8</strong>: India plans to set up ‘Bharat Park’ in UAE where Indian goods show room and warehouses will come up. This will be to facilitate other countries of the world to buy Indian goods from ‘Bharat Park’ as the payment system is secured in UAE, stated Union Minister of Textiles &amp; Commerce Shri Piyush Goyal. He was speaking as Chief Guest during Export Awards function of The Synthetic &amp; Rayon Textiles Export Promotion Council (SRTEPC)</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/8789/india-plans-to-set-up-%E2%80%98bharat-park%E2%80%99-in-uae"><img src="https://english.loktej.com/media/400/2024-01/first-image.jpg" alt=""></a><br /><p><strong>(L to R)</strong> <strong>Shaleen Toshniwal –Vice President, Dhiraj R. Shah, Convener-Export Award Committee, Shri Bhadresh Dodhia and Shri Piyush Goyal.</strong></p>
<p><strong>Mumbai (Maharashtra) [India], January 8</strong>: India plans to set up ‘Bharat Park’ in UAE where Indian goods show room and warehouses will come up. This will be to facilitate other countries of the world to buy Indian goods from ‘Bharat Park’ as the payment system is secured in UAE, stated Union Minister of Textiles &amp; Commerce Shri Piyush Goyal. He was speaking as Chief Guest during Export Awards function of The Synthetic &amp; Rayon Textiles Export Promotion Council (SRTEPC) on 4<sup>th</sup> January, 2024 held at Mumbai.</p>
<p>He further stated the future belonged to Man Made Fibre Textiles (MMF).</p>
<p>Shri Goyal informed while speaking on FTA (Free Trade Agreement) with  Japan, Australia, UAE, S. Korea etc. that the utilisation of FTA benefits are very poor in India is a matter of concern.</p>
<p>Shri Piyush Goyal announced that BIS will spend Rs. 40 crore to set up 21 testing laboratories at various places in India.</p>
<p>Shri Bhadresh Dodhia, Chairman – SRTEPC stated that man- made fibre textiles export in 2022-23 touched US$ 5.8 Billion as against US$ 6.8 Billion in 2021-22, registering a negative growth of  (-) 15.3%. Export of technical textiles touched US$ 2.5 Billion in 2022-23 as compared to US$ 2.8 Billion 2021-22, registering a negative growth of (-) 11.9%.</p>
<img class="wp-image-19478" src="https://english.loktej.com/media/2024-01/second-image-1024x768.jpg" alt=""></img>
<p>Export of man -made fibre textiles during April to October 2023 have touched US$ 3.1 Billion as compared to US$ 3.4 Billion during the same period last year, registering a negative growth of 9.4%. Likewise export of technical textiles touched US$ 1.51 Billion during April to October 2023 as compared to US$ 1.5 Billion during the same period last year, registering a positive growth of 0.5%.</p>
<p>Shri Bhadresh Dodhia further stated that ‘we are confident that export of man- made fibre textiles will cross US$ 6 Billion in 2023 – 24 and export of technical textile will cross above US$ 3 Billion’.</p>
<p>SRTEPC will make its best efforts to increase the export of man- made fibre textiles to US$ 11 Billion and export of technical textiles to US $ 10 Billion by 2030, as per the targets given by the government.</p>
<p>Manmade fibre textiles sector is facing the problem of inverted duty structure under GST. There is 18% GST on fibres, 12% on yarns and 5% on fabrics. This is leading to accumulated input tax credits with the manufacturers, which id adding to their cost. SRTEPC requests to cover the entire value chain of MMF Textiles products under same rate of GST.</p>
<p>Shri Dodhia requested government to cover the entire value chain of textiles &amp; clothing under the Interest Equalization Scheme.</p>
<p>SRTEPC distributed 55 Export Awards for the Year 2022-23. Reliance Industries received 6 awards in various categories. Other award recipients included  Dodhia Synthetics Ltd., Banswara  Syntex Ltd., D’ Décor, Grasim, Vardhman Textiles, RSWM Ltd. etc. The Lifetime Achievement Award was given to Shri Rakesh Mehra, Women Entrepreneur Award was given to Ms. Neha Jhunjhunwala.</p>
<p>The Award Function was graced by Smt. Roop Rashi, Textle Commissioner, Mr. Alexander –Poland Ambassador in Mumbai and Mr. Suresh Kotak.</p>
<p>The Welcome Address was given by Shi Dhiraj Raichand Shah, Convener –Export Award Committee and Vote of Thanks was given by Mr. Shaleen Toshniwal, Vice Chairman – SRTEPC.</p>
<p>SRTEPC will be now known as ‘MATEXIL’ (The Man-made And Technical Textiles Export Promotion Council.</p>
<p><strong><a href="http://www.srtepc.in/">www.srtepc.in</a></strong></p>
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                <pubDate>Mon, 08 Jan 2024 12:00:20 +0530</pubDate>
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                <title>NB &amp; Associates Secures Coveted Investment License from Abu Dhabi Global Market</title>
                                    <description><![CDATA[<p><strong>Dubai (UAE), October 30: </strong>NB &amp; Associates Investments Co. L.L.C (NB&amp;A), a dynamic and rapidly expanding private equity and investment banking firm, is thrilled to announce a significant milestone in its global expansion strategy.</p>
<p>The company has been awarded a coveted investment license by the prestigious Abu Dhabi Global Market (ADGM). This newly granted Operating Holding Company license opens doors to a world of investment opportunities, allowing NB&amp;A to establish, manage, and co-invest in Special Purpose Vehicles (SPVs) designed to harness the incredible incentives and offerings provided by the ADGM. These resources are readily available to local, regional, and international</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/6927/nb-associates-secures-coveted-investment-license-from-abu-dhabi"><img src="https://english.loktej.com/media/400/2023-10/image-144.jpg" alt=""></a><br /><p><strong>Dubai (UAE), October 30: </strong>NB &amp; Associates Investments Co. L.L.C (NB&amp;A), a dynamic and rapidly expanding private equity and investment banking firm, is thrilled to announce a significant milestone in its global expansion strategy.</p>
<p>The company has been awarded a coveted investment license by the prestigious Abu Dhabi Global Market (ADGM). This newly granted Operating Holding Company license opens doors to a world of investment opportunities, allowing NB&amp;A to establish, manage, and co-invest in Special Purpose Vehicles (SPVs) designed to harness the incredible incentives and offerings provided by the ADGM. These resources are readily available to local, regional, and international investors.</p>
<p>This momentous occasion marks another step forward in NB&amp;A’s mission to provide its investors with a globally recognized and dependable platform for investment and business activities.</p>
<p>Mr. Niraj Bijlani, the esteemed Managing Partner of NB&amp;A, expressed his gratitude, stating, “Another milestone has been achieved in our expansion strategy to offer our investors a globally recognized and trustworthy location for investing and doing business. I would thus like to take this opportunity to thank ADGM’s team for the speed in granting us this exceptional license and looking forward to further leverage on the United Arab Emirates’ investors friendly eco-system and its well-positioned infrastructures to capture the phenomenal growth of private equity investing across the East to West corridor.”</p>
<p>NB&amp;A looks forward to exploring new horizons and creating value for investors on a global scale, leveraging the resources and opportunities provided by the ADGM.</p>
<p>ADGM, a renowned financial center, is celebrated for its investor-friendly environment and cutting-edge infrastructure, making it the ideal hub for NB&amp;A to thrive and contribute to the burgeoning private equity sector.</p>
<p><strong>About NB &amp; Associates (NBA):</strong></p>
<p>NB &amp; Associates (NBA) is a leading international business consultancy firm known for providing expert guidance and comprehensive solutions to businesses worldwide. With a strong presence in the UAE and a global network of partners, NBA offers a wide range of services, including business setup, company formation, funds management investment banking advisory, and legal compliance. NBA is committed to facilitating business growth and helping clients achieve their entrepreneurial dreams.</p>
<p><strong>About ADGM</strong></p>
<p>ADGM is a preeminent international financial center strategically located in the United Arab Emirates. With its robust regulatory framework and pro-business environment, ADGM serves as a vital link between the Middle East, Africa, South Asia, and the world. It specializes in private banking, wealth management, asset management, and financial innovation. Its commitment to excellence and efficiency has made it a preferred destination for a diverse range of financial institutions, businesses, and investors worldwide.</p>
<p><strong>About Mr. Niraj Bijlani</strong></p>
<p>Mr. Niraj Bijlani is the visionary Managing Partner of NB &amp; Associates Investments Co. L.L.C. Worked in UAE for the past 7 years, with 28 years of effective experience providing fiscal, strategic, and operational leadership along with highly engineered systems, which require a deep understanding of critical business drivers in multiple markets and industries. He has played a pivotal role in steering NB&amp;A towards success. His leadership and strategic insights have been instrumental in the firm’s remarkable growth and achievements.</p>
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                                            <category>International</category>
                                    

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                <pubDate>Mon, 30 Oct 2023 12:00:13 +0530</pubDate>
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                <title>Branding Pioneers Eyes Expansion into UAE and Saudi Arabia Amidst Soaring Interest from Local Businesses</title>
                                    <description><![CDATA[<p><strong>Gurgaon (Haryana) [India], October 25: </strong>Branding Pioneers, a Gurgaon-based MARTECH agency renowned for its cutting-edge solutions in marketing and AI, is exploring the possibility of setting up offices in the United Arab Emirates (UAE) and Saudi Arabia. This strategic move comes in response to a burgeoning wave of interest from businesses in these Middle Eastern countries.</p>
<p><strong>Answering the Call of the Middle East Market</strong></p>
<p>The planned expansion into the UAE and Saudi Arabia is not only a logical next step for Branding Pioneers but also a response to the pressing needs of local businesses that have expressed overwhelming interest in</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/6777/branding-pioneers-eyes-expansion-into-uae-and-saudi-arabia-amidst-soaring-interest-from-local-businesses"><img src="https://english.loktej.com/media/400/2023-10/image-120.jpg" alt=""></a><br /><p><strong>Gurgaon (Haryana) [India], October 25: </strong>Branding Pioneers, a Gurgaon-based MARTECH agency renowned for its cutting-edge solutions in marketing and AI, is exploring the possibility of setting up offices in the United Arab Emirates (UAE) and Saudi Arabia. This strategic move comes in response to a burgeoning wave of interest from businesses in these Middle Eastern countries.</p>
<p><strong>Answering the Call of the Middle East Market</strong></p>
<p>The planned expansion into the UAE and Saudi Arabia is not only a logical next step for Branding Pioneers but also a response to the pressing needs of local businesses that have expressed overwhelming interest in the agency’s offerings. “The demand we have seen from UAE and Saudi Arabian markets is beyond expectations,” said Nishu Sharma, co-founder of Branding Pioneers. “We see this as an opportunity to bring our unique blend of marketing and AI capabilities to a wider audience.”</p>
<p><strong>A Proven Track Record in the Middle East</strong></p>
<p>Branding Pioneers has already had the opportunity to work with businesses in the Middle East and has consistently delivered on their specialized requirements. “Our existing engagements have shown that there’s a great synergy between what we offer and what businesses in the Middle East are looking for,” explained Arush Thapar, co-founder. “Setting up a local office would enable us to serve these clients more effectively.”</p>
<p><strong>Content in Arabic: A Unique Selling Point</strong></p>
<p>One of the standout capabilities of Branding Pioneers is their ability to produce content in Arabic, meeting the cultural and linguistic needs of the region. “Having a team that can create Arabic content is not just a unique selling point for us; it’s a testament to our commitment to offering truly localized solutions,” emphasized Nishu Sharma.</p>
<p><strong>Broader Implications for the Business</strong></p>
<p>Entering the markets of the UAE and Saudi Arabia presents an incredible opportunity for business growth, enhanced brand presence, and long-term relationships. “This is not just about geographical expansion; it’s about building partnerships and adding value to businesses in a region that’s teeming with potential,” said Arush Thapar.</p>
<p><strong>The Road Ahead</strong></p>
<p>As Branding Pioneers works on the logistical and operational aspects of this expansion, the team remains committed to offering the same high level of service that has won them clients across healthcare, education, and ecommerce sectors.</p>
<p><strong>About Branding Pioneers</strong></p>
<p>Founded in 2016, Branding Pioneers is a leader in the MARTECH space, offering a range of services including website design, AI-based marketing tools, and performance marketing. Based in Gurgaon, the agency has a strong portfolio of clients across various sectors.</p>
<p><strong>Contact Information:</strong></p>
<p>Address: No – 750, 3rd Floor, Plot, Phase V, Sector 19, Gurugram, Haryana 122016.</p>
<p>Website: <a title="" href="http://brandingpioneers.com/">brandingpioneers.com</a></p>
<p>For further details about this exciting new chapter, visit <a title="" href="http://brandingpioneers.com/">brandingpioneers.com</a> or connect via their social media channels.</p>
<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.</em></p>]]></content:encoded>
                
                                                            <category>Business</category>
                                            <category>International</category>
                                    

                <link>https://english.loktej.com/article/6777/branding-pioneers-eyes-expansion-into-uae-and-saudi-arabia-amidst-soaring-interest-from-local-businesses</link>
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                <pubDate>Wed, 25 Oct 2023 16:00:14 +0530</pubDate>
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                <title>Empowering Entrepreneurs in the UAE: Business Incorporation Centre’s Streamlined Approach</title>
                                    <description><![CDATA[<p><strong>New Delhi (India), August 29</strong>: Starting a new business can be an exciting endeavor, but the intricate web of paperwork, legal intricacies, and excessive fees often overshadow the entrepreneurial spirit. Enter the <a href="http://www.bicuae.biz/">Business Incorporation Centre (BIC)</a>, a pioneering startup with a vision to simplify and transform the way entrepreneurs establish and grow their businesses in the United Arab Emirates (UAE). BIC’s comprehensive range of services aims to empower entrepreneurs by removing obstacles and fostering a favorable environment for business success.</p>
<p>Simplifying the Startup Journey</p>
<p>At the heart of BIC’s mission is the simplification of the business startup process.</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/5160/empowering-entrepreneurs-in-the-uae--business-incorporation-centre%E2%80%99s-streamlined-approach"><img src="https://english.loktej.com/media/400/2023-08/1-203.jpg" alt=""></a><br /><p><strong>New Delhi (India), August 29</strong>: Starting a new business can be an exciting endeavor, but the intricate web of paperwork, legal intricacies, and excessive fees often overshadow the entrepreneurial spirit. Enter the <a href="http://www.bicuae.biz/">Business Incorporation Centre (BIC)</a>, a pioneering startup with a vision to simplify and transform the way entrepreneurs establish and grow their businesses in the United Arab Emirates (UAE). BIC’s comprehensive range of services aims to empower entrepreneurs by removing obstacles and fostering a favorable environment for business success.</p>
<p>Simplifying the Startup Journey</p>
<p>At the heart of BIC’s mission is the simplification of the business startup process. By handling critical aspects such as company formation, office space rental, visa processing, business bank account setup, accounting, and compliance, BIC relieves entrepreneurs of the burdensome administrative tasks that often consume valuable time and resources. This allows them to channel their energy into nurturing their core ideas and goals, driving innovation, and maximizing their business potential.</p>
<p>A Vision of Empowerment</p>
<p>BIC’s vision is to empower entrepreneurs in the UAE to realize their aspirations. By offering comprehensive resources and unwavering support, BIC becomes a strategic partner in the entrepreneurial journey. The startup landscape can be daunting, but BIC’s commitment to guiding entrepreneurs through establishment and growth paves the way for their triumph.</p>
<p>Core Values: The Foundation of Success</p>
<p>Excellence, integrity, innovation, partnership, and respect form the bedrock of BIC’s core values. These principles drive unparalleled service and client satisfaction, creating an environment where entrepreneurs can confidently navigate the complexities of business establishment.</p>
<p>UAE’s Business Advantages</p>
<p>The UAE provides an ideal backdrop for BIC’s services with its advantageous business environment. Characterized by low tax rates, a robust legal framework, and a stable political climate, the UAE offers conditions conducive to business growth. This favorable backdrop lays the foundation for entrepreneurs to build and expand their ventures with confidence.</p>
<p>Strategic Geographical Position</p>
<p>Situated at the crossroads of Europe, Asia, and Africa, the UAE’s strategic geographical location transforms it into a global gateway for international trade. This positioning provides businesses with unparalleled access to diverse markets, facilitating international expansion and fostering growth.</p>
<p>Comprehensive Infrastructure</p>
<p>The UAE boasts a sophisticated infrastructure that underpins its status as a business hub. World-class airports, seaports, and well-developed transportation networks streamline import-export operations and domestic connectivity, enabling businesses to operate efficiently on a global scale.</p>
<p>Skilled Workforce</p>
<p>The UAE’s highly literate population and diligent workforce make it an attractive destination for entrepreneurs seeking qualified professionals to support their growth. The abundance of talent and expertise ensures that businesses have access to a pool of skilled individuals, driving innovation and progress.</p>
<p>Government Support</p>
<p>The UAE government’s proactive approach to nurturing businesses is a cornerstone of its success. Through incentives and support mechanisms, the government attracts and retains foreign investment, fostering an environment where entrepreneurial ventures can flourish.</p>
<p>Thriving Sectors for Business Growth</p>
<p>BIC’s services align with thriving sectors that are driving the UAE’s economic growth:</p>
<p>Technology and Innovation: The UAE is a hub for technological advancements, creating a fertile ground for tech-driven startups to thrive.</p>
<p>E-commerce and Online Retail: Rapid growth in digital commerce presents ample opportunities for entrepreneurs to tap into the expanding online market.</p>
<p>Tourism and Hospitality: The flourishing travel and hospitality industry capitalizes on the UAE’s global appeal as a tourist destination.</p>
<p>Healthcare and Pharmaceuticals: A booming sector that showcases the UAE’s commitment to medical services and pharmaceutical advancements.</p>
<p>Renewable Energy and Sustainability: The UAE’s efforts towards sustainable practices open doors for entrepreneurs in the renewable energy sector.</p>
<p>Manufacturing and Logistics: The robust manufacturing industry, coupled with efficient supply chain operations, creates a solid foundation for business growth.</p>
<p>The Business Incorporation Centre’s dedication to simplifying the startup process and providing comprehensive support aligns perfectly with the UAE’s business landscape and its aspirations for economic growth. By partnering with entrepreneurs and enabling them to focus on their core ideas, BIC contributes to the UAE’s journey towards becoming a global business hub while paving the way for business triumphs and innovations.</p>
<p><a href="http://www.bicuae.biz/">http://www.bicuae.biz/</a></p>
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                                                            <category>Business</category>
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                <link>https://english.loktej.com/article/5160/empowering-entrepreneurs-in-the-uae--business-incorporation-centre%E2%80%99s-streamlined-approach</link>
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                <pubDate>Tue, 29 Aug 2023 12:39:18 +0530</pubDate>
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                <title>Dubai-based Indian wins UAE’s Mahzooz raffle draw</title>
                                    <description><![CDATA[<p>Dubai, Aug 2 (IANS) A Dubai-based Indian man has won a grand prize of AED20 million in the United Arab Emirates' (UAE) leading weekly draw, Mahzooz.</p>
<p style="font-weight:400;">Originally from Mumbai, Sachin, a 47-year-old CAD technician working at a private company, has been residing in Dubai for 25 years.</p>
<p style="font-weight:400;">He was named the winner of the139th draw held on July 29.</p>
<p style="font-weight:400;">On the day the prize was announced, Sachin had brought home the newest addition to his family, a kitten.</p>
<p style="font-weight:400;">Sachin humorously attributeed his win to the good luck brought by the feline.</p>
<p style="font-weight:400;">The devoted family man lives with his wife and</p>...]]></description>
                
                                    <content:encoded><![CDATA[<a href="https://english.loktej.com/article/4338/dubai-based-indian-wins-uae%E2%80%99s-mahzooz-raffle-draw"><img src="https://english.loktej.com/media/400/2023-08/k02082023-03.jpg" alt=""></a><br /><p>Dubai, Aug 2 (IANS) A Dubai-based Indian man has won a grand prize of AED20 million in the United Arab Emirates' (UAE) leading weekly draw, Mahzooz.</p>
<p style="font-weight:400;">Originally from Mumbai, Sachin, a 47-year-old CAD technician working at a private company, has been residing in Dubai for 25 years.</p>
<p style="font-weight:400;">He was named the winner of the139th draw held on July 29.</p>
<p style="font-weight:400;">On the day the prize was announced, Sachin had brought home the newest addition to his family, a kitten.</p>
<p style="font-weight:400;">Sachin humorously attributeed his win to the good luck brought by the feline.</p>
<p style="font-weight:400;">The devoted family man lives with his wife and three children.</p>
<p style="font-weight:400;">Overwhelmed with excitement, he shared his astonishment when he discovered he was the lucky winner on a Sunday morning after checking his Mahzooz account.</p>
<p style="font-weight:400;">Speechless and in shock, Sachin immediately informed his wife, who was just as surprised.</p>
<p style="font-weight:400;">"I have been participating in Mahzooz every week, hoping for a big win one day. This victory is a life-changer for my family and me. Not sure what role my kitten has played in this win, but I know it brought me luck," said Sachin.</p>
<p><span style="font-weight:400;">Speaking to the press, Suzan Kazzi, Head of Communications and CSR at EWINGS, Managing Operator of Mahzooz, expressed her elation at the latest draw results, stating: “It comes as no surprise to witness the winners from the Indian community. The vibrant Indian community constitutes the largest base of enthusiastic participants and winners at Mahzooz.</span></p>
<p><span style="font-weight:400;">"Till now by our company has awarded AED164,000,000 to 105,000 Indian winners, and the popularity of Mahzooz among NRIs is experiencing exponential growth.”</span></p>]]></content:encoded>
                
                                                            <category>International</category>
                                    

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                <pubDate>Wed, 02 Aug 2023 14:02:24 +0530</pubDate>
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