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KUWAIT RESIDENCY TRANSFERS
Gulf NRIs are dumping real estate, and betting big on India’s stock marketGCC-based NRIs are shifting investments from Indian real estate to equities and financial assets, driven by geopolitical uncertainty and a ...
Emirates National Bank of Dubai to facilitate faster local payments in UAE using Visa cards; Know how it helps youVisa card payments in the UAE are now faster. Visa has partnered with Emirates NBD for local processing of card transactions in UAE Dirhams...
A longer Gulf conflict could squeeze remittances to IndiaThe ongoing Iran conflict threatens India's significant remittance inflows from Gulf nations. This could impact economies like Kerala and M...
Kuwait introduces new e-services to simplify visa, residency transfers for immigrantsKuwait is modernizing its immigration system. New online services now handle visa and residency permits for foreign workers. This digital s...
Kuwait introduces long-term residency of up to 15 years for foreign investorsKuwait introduces a new residency system. Foreigners can now get permits for up to 10 or 15 years. This depends on investment value, proper...
Kuwait introduces new visa rules letting govt workers transfer to private sector jobsKuwait’s new visa rules let domestic workers transfer to the private sector with employer approval and a one-year residency. Starting July ...
Paying a price for sending money: The global impact of remittance fees and solutionsBarada Talukdar, a Kuwaiti mud specialist, uses Al Mulla Exchange to send money to his family and friends in Kuwait. However, the exchange ...
How NRI money is bolstering India's economyInward remittances have reached an all-time high of $107.5bn during 2022, according to RBI Governor Shaktikanta Das. The remittances have s...
With UPI-PayNow linkage Modi government makes a grab at the India outside IndiaThe UPI linkage with Singapore's PayNow for faster and cheaper cross-border fund transfers through mobile apps is a step in that direction....
How PFI raised funds clandestinely from overseasThe Popular Front Of India (PFI), which was banned by the government for five years on Wednesday, had been collecting funds using different...
Kuwait suspends all commercial flights from India amid COVID-19 surgeKuwait's directorate general of civil aviation said that it had suspended all direct commercial flights coming from India, effective April ...
Kuwait wants to bring down migrant population from 70% to 30%Kuwait wants to slash the migrant proportion of its population from 70% to 30%.
Kerala, Maharashtra, Karnataka & Tamil Nadu get 60% of total remittance in FY17Nearly 82 per cent of the total remittances received by the country originated from eight countries - the UAE, US, Saudi Arabia, Qatar, Kuw...
Sponsorship system for expatriates to end in Kuwait: GovernmentKuwait is set to scrap the sponsorship system for foreign workers and replace it with a new one, a senior government official said.
- Dollars in mind, finance ministry lets QFIs invest $1 billion in corporate bonds
The government on Tuesday set a separate $1-billion corporate bond investment limit for individual foreign investors.
- India world's largest remittance recipient
India has now captured one-tenth of global remittance flows. An estimated $27.1 bn was remitted to India in 2006-07. NRIs: Away but united ...
- CBoP launches new remittance scheme for UAE clients
New generation private sector lender Centurion bank of Punjab (CBoP) on Tuesday launched a remittance option scheme 'SmartRemit - Gulf' for...