Tag: local currency settlement
Posted in Economy
Rupee, dirham and UPI: India, UAE push cross-border trade without friction
India and the UAE have agreed to accelerate work on initiatives to settle bilateral trade in local currencies and integrate their payment and financial messaging…
Posted in Economy
UAE to invest another $25 billion in India, eyes energy bets
The UAE plans to invest another $25 billion in India, while the two countries explore deeper energy cooperation including strategic petroleum reserves, LPG, LNG and…