West Asia Current Affairs, GK & News

HAL to set up logistics bases in Vietnam, Malaysia, Indonesia and Sri Lanka

The Hindustan Aeronautics Limited (HAL) is to set up logistics bases in Vietnam, Malaysia, Indonesia and Sri Lanka. This is to entice them towards buying India’s military helicopters and Light Combat Aircraft Tejas. Highlights The HAL is working towards increasing defence exports and help India achieve its 5 billion USD defence target. It will also ..

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UAE issues operating license for Barakah nuclear power plant

The United Arab Emirates recently announced that it issued the operating license for the first of four reactors at its Barakah nuclear power plant. It is the first ever nuclear plant in the Arab region. The Barakah plant is located on the Gulf coast west of Abu Dhabi. It has received operating license after several ..

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UAE hosts ‘GulFood 2020’

‘GulFood 2020’, the world’s largest annual food and beverage trade exhibition is being held in the Dubai World Trade Centre city of Dubai, United Arab Emirates (UAE), form February 16 to 20. In the 25th edition of the exhibition, more than 5000 exhibitors are to participate. The Indian pavilion at the exhibition was recently inaugurated ..

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UAE discovers new natural gas field

The United Arab Emirates (UAE) recently announced that it has discovered a new natural gas field with 80 trillion standard cubic feet of shallow gas resources. The new gas field was named ‘Jebel Ali gas field’. The field is located between the territories of Dubai and Abu Dhabi and reported to span around 5,000 square ..

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What is the meaning of CASA?

Current Account and Savings Account or CASA is a term generally used in West Asia and South-east Asia. It stands for the money which gets deposited in the current and savings accounts of customers of the bank. There are two types of accounts offered by banks, namely the term deposits and the non-term deposits. While ..

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