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Momentous Occasion

Momentous Occasion
Filed on February 9, 2021
Prominent dignitaries and entrepreneurs congratulate the United Arab Emirates on Hope Probe s journey to Mars
Reem Al Hashimy
Director General Expo 2020 Dubai
The Emirates Mars Mission is a true testament of our nation s ambitious and tenacious spirit and a moment of significant pride not only for the UAE, but for our entire region as the first interplanetary mission from the Arab World.
Mohammad Abu Zafar
Ambassador of Bangladesh to the UAE
Let me join Bangladeshi expats in the UAE in congratulating the UAE leadership and the brotherly people of the UAE on the occasion of the Mars Prove Mission s successfully entering the Mars orbit. The Mars Mission is a watershed event in the history of the UAE as well as an important scientific and technological achievement of the UAE during the golden jubilee celebration of its establishment. Bangladesh, being a Muslim country, feels proud of the UAE for ....

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NRIs hail budget reform-driven friendly budget

NRIs hail budget reform-driven friendly budget
[email protected]
Filed on February 2, 2021
Finance Minister Nirmala Sitharaman holds a folder case containing the Union Budget 2021-22 with Anurag Thakur, Minister of State for Finance.
PTI
Indian Finance Minister Nirmala Sitharaman as NRI-friendly with a proposal to avoid double taxation while opening the One Person Company sector.
Non-resident Indians in the UAE have greeted the 2021-22 budget as a recovery-focused and reform-driven initiative featuring some key game-changing measures for overseas Diaspora.
They have been near-unanimous in declaring the budget presented on Monday by Indian Finance Minister Nirmala Sitharaman as NRI-friendly with a proposal to avoid double taxation while opening the One Person Company (OPC) sector for NRIs. ....

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India Budget 2021: India to allow NRIs to set one-man companies

Dubai: NRIs are being invited to take on a direct role in India’s business landscape, with the latest Budget allowing NRI entrepreneurs to launch one-man companies in the country.
This move, the government reckons, will free up funding inflows into various sectors of the economy, and removes much of the red-tape associated with launching a new business in India.
“This will boost investments into the country, certainly,” said Adeeb Ahamed, who heads LuLu Exchange International. There will be no restriction on paid-up capital and turnover. Most important, a one-person company can be converted to any other kind. Overall, this is a good budget for NRIs who wish to contribute to Digital India’s growth story. ....

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India budget 2021-22: All you need to know

India will look beyond fiscal deficits to get the economy back on its feet. That’s the message conveyed by Finance Minister Nirmala Sitharaman in the annual budget for 2021-22, presented on Monday (February 1, 2021).
India’s spending plan aims to jumpstart the economy that has been going through a protracted slump in 2020-21 fiscal year with the GDP growth projected to contract by 7.8 per cent. That’s hardly surprising since all other major economies have taken the fiscal boost route to revive the flagging economic growth.
Under the current environment, government spending is a significant component to boost production, consumption and job creation. Of course, it has long-term consequences in terms of potential debt overhang, a surge in inflation, huge interest in government borrowings and currency instability and potential payment crisis in the future. ....

Gulf News , United Arab Emirates , New Delhi , Kochi Metro , Anis Sajan , Anurag Thakur , Azad Moopen , Joe Biden , Nirmala Sitharaman , Adeeb Ahamed , Vijith Pulikkal , Nirmala Sitaraman , Dhananjay Datar , Narendra Modi , Ram Buxani , Lulu Group , Lulu Exchange International , Danube Group , Union Budget , Drjj Irani Committee , Cotton Association Of India , European Union , Cotton Corp , Solar Energy Corporation Of India , Indian Finance Minister Nirmala Sitharaman , Finance Minister Anurag Thakur ,

Vaccine a responsibility: Together we triumph

Vaccine a responsibility: Together we triumph
Staff Report/Dubai
Photo: Shihab
How do we fight the pandemic? How do we make everyone’s life safe and secure? Why should we take the jab? Listen to what our vaccine ambassadors have to say
Why sit on the sidelines when one of the world’s fastest vaccination campaigns is gathering pace in the UAE? With more than two million people already vaccinated, and close to 100,000 jabs given daily, the country plans to protect 50 per cent of its population by March. Herd immunity is close at hand and it is our responsibility to keep ourselves and others safe by taking the jab, just like the men and women featured on this page who have got their shot in the arm. Experts say the vaccination drive will put the UAE on an early road to recovery from the pandemic that has devastated millions of lives and livelihoods. The Great Disruption of the modern era must end, and science has provided us with a solution in record time. The s ....

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