UPI RuPay: In a significant move to deepen bilateral relations with the United Arab Emirates (UAE), Prime Minister Narendra Modi met with UAE President Sheikh Mohammed Bin Zayed Al Nahyan on February 13th in Abu Dhabi. The two leaders launched the much-anticipated UPI RuPay card service, paving the way for seamless cross-border transactions between the two nations. This follows a Memorandum of Understanding (MoU) signed last year on interlinking payment and messaging systems. UPI RuPay: Boosting trade and financial ties The launch of the UPI RuPay card service marks a major step forward in facilitating trade and financial interactions between…
Author: StalkDubai
For many UAE residents, the ever-present concern of living costs seems like an unwelcome guest that refuses to leave. With almost half of residents citing it as their main source of stress, a survey paints a worrying picture of 2024. It appears this year might not offer much respite, with several factors poised to put further strain on household budgets. Let’s delve into the six areas expected to see cost increases: 1. Rent Squeeze Tightens: Brace yourselves, renters! Experts predict Dubai’s housing market to witness a 20% hike in prime residential areas, following a significant 23-30% increase in 2023. This…
Prime Minister Narendra Modi, in a virtual ceremony with UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum, laid the foundation stone for a game-changing project: the Bharat Mart in Dubai. This 100,000 sqm facility, aiming to be operational by 2025, promises to revolutionize Indian exports by offering combined retail, warehousing, and logistics in the Jebel Ali Free Trade Zone. Bharat Mart: A Dragon Mart for India Bharat Mart draws comparisons to China’s hugely successful Dragon Mart, and with good reason. This joint initiative by India’s commerce ministry and DP World, a Dubai-based logistics giant, aims to empower Indian small…
Tennis fans rejoice! The Dubai Duty Free Tennis Championships are back, and this year promises to be an electrifying spectacle. From February 18th to March 2nd, the emirate will be buzzing with the energy of world-class competition, featuring both the WTA 1000 and ATP 500 tournaments. Naomi Osaka Returns, Top 10 Descend for WTA Glory: Excitement is sky-high with the confirmation of Naomi Osaka’s participation. The former world number one, fresh from a break, joins a star-studded lineup that includes the entire WTA top 10. Elena Rybakina, Jessica Pegula, Ons Jabeur, and Maria Sakkari are just a few of the…
UNTOLD Dubai 2024: Calling all music lovers! The highly anticipated UNTOLD Dubai 2024 kicks off tomorrow, transforming Expo City into a four-day immersive experience unlike any other. With a massive lineup spanning multiple genres and headliners like Tiësto, PSY, and Ellie Goulding, this promises to be the biggest music festival Dubai has ever seen. When and Where: Mark your calendars! UNTOLD Dubai takes place from Thursday, February 15th to Sunday, February 18th at Expo City Dubai. Get ready for non-stop beats and electrifying performances from 4pm onwards each day. Music for Every Taste: No matter your musical preference, UNTOLD Dubai…