Going beyond $: India, UAE sign -dirham trade pact
Saturday, 15 July 2023 The Reserve Bank of India (RBI) and the Central Bank of UAE on Saturday decided to move further on strengthening the economic engagement between the two countries by agreeing to allow exporters and importers from either side to invoice and pay in their respective domestic currencies — rupee and dirham — while working on a messaging system that could be an alternative to SWIFT (Society for Worldwide Interbank Financial Telecommunication), the globally used system to remit money across borders.
The United Arab Emirates unveils a $544 million fund for repairs following record-breaking rains and widespread flooding. Learn more about the government's response to the aftermath of the historic rainfall and its commitment to supporting affected Emirati families.
#Dubai #DubaiFloods #DubaiRains #DubaiFlood #DubaiNews #UAEFloods #UAERains #UAENews #OmanRains #Oneindia
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NASA has unveiled striking images capturing the extensive flooding in the UAE following the recent torrential rainfall. Describing it as a "slow-moving storm," NASA highlighted the unprecedented deluge that inundated the Gulf states, surpassing a year's worth of rainfall in some regions. According to the UAE's meteorological department, the country received a staggering 6.04 billion cubic metres of rain last week, nearly equivalent to its annual precipitation of 6.7 billion cubic metres. This remarkable event underscores the magnitude of the weather phenomenon that swept across the region.
#DubaiFloods #UAEFloods #NASAImages #FloodedUAE #RainInUAE #UAEWeather #FloodMonitoring #NASAData #UAEEnvironment #ClimateChange
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Emirates and flydubai swiftly return to normal operations following severe flooding in Dubai. Thousands of flights disrupted, but resilience prevails. Stay updated on UAE travel news.
#Dubai #DubaiFloods #DubaiRains #DubaiFlood #DubaiNews #UAEFloods #UAERains #UAENews #OmanRains #Oneindia
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RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns. Kotak Mahindra's failure to meet data storage requirements led to RBI directives. Similar actions were taken against HDFC Bank in 2020. The events underscore the need for stronger regulatory mechanisms.
#kotakmahindrabankopenaccountzerobalance #kotakmahindrabank #kotakmahindrabanknews #kotakmahindrabankcreditcard #kotakmahindrabankcreditcardapply #kotakmahindrabankpersonalloan #RBI #RBInews #Moneynews #Oneinda #Oneindia news
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Prime Minister Narendra Modi has departed from India for an official visit to France and UAE this morning. He is visiting France at the official invitation of President Emmanuel Macron from July 13 to..
Saturday, 15 July 2023
![Dubai Floods: UAE Allocates $544 Million for Repairs After Record Rains | Oneindia News [Video]](https://video.newsserve.net/300/v/20240425/1373699906-Dubai-Floods-UAE-Allocates-544-Million-for-Repairs.jpg)
![Dubai Floods: NASA posts pics of flooded UAE areas after 6 billion cubic metres of rain| Oneindia [Video]](https://video.newsserve.net/300/v/20240423/1373495044-Dubai-Floods-NASA-posts-pics-of-flooded-UAE.jpg)
![Dubai Floods Update: Emirates & flydubai Resume Operations After Airport Chaos | Oneindia News [Video]](https://video.newsserve.net/300/v/20240421/1373300704-Dubai-Floods-Update-Emirates-flydubai-Resume-Operations.jpg)
![Kotak Mahindra Bank Faces RBI Ban on Online Customer Acquisition, Credit Cards| Oneindia News [Video]](https://video.newsserve.net/300/v/20240425/1373716752-Kotak-Mahindra-Bank-Faces-RBI-Ban-on-Online.jpg)
![PM Modi's France Visit: Deal for 26 Rafale M expected to be finalised sans glitches | Oneindia News [Video]](https://video.newsserve.net/300/v/20230713/1355330010-PM-Modi-France-Visit-Deal-for-26.jpg)
