Page-3 of India-UAE
India-UAE MoU for Scientific and Technical Cooperation
The Union Cabinet recently approved India-UAE Memorandum of Understanding for Scientific and Technical Cooperation. What are the Key Features of India-UAE MoU? The MoU provides sharing of knowledge between the countries It will also allow to share information of data ..
Month: Current Affairs - January, 2021
India-UAE High Level Joint Task Force on Investments
On November 3, 2020, India and UAE held the High-Level Joint Task Force on Investments. The task force was created in 2012. Highlights The task force discussed upon the following The positive outcomes achieved by the Joint Task Force were ..
Month: Current Affairs - November, 2020
CBDT exempts Sovereign Wealth Fund: Key Facts, Benefits, Types, Sources of Sovereign Wealth Fund
The Central Board of Direct Taxes recently exempted the interest, dividend and long term capital gains made by the Sovereign Fund MIC Redwood 1 RSC Limited of Abu Dhabi, UAE (United Arab Emirates). Highlights The exemption has been provided under ..
Month: Current Affairs - November, 2020
India-UAE Defence Cooperation enhanced through Joint Production
India and United Arab Emirates recently held a webinar to boost defence production and exports between the countries. Highlights The Webinar was organised by the Department of Defence Production operating under the Ministry of Defence through Society of Indian Defence ..
Month: Current Affairs - October, 2020
First Ship load of Crude Oil reaches India
On April 13, 2020, the first crude oil of 1 million barrels from UAE have reached India. The oil prices have declined by 60% since January, 2020. The prices are expected to rise with OPEC and Russia have come to ..
Month: Current Affairs - April, 2020
New Natural Gas Reserves discovered in UAE
On February 2, 2020, the United Arab Emirates discovered shallow natural gas reserves of about 80 trillion cubic feet. The reserve was discovered between the Emirates of Abu Dhabi and Dubai. Highlights In November 2019, UAE announced the discovery of ..