Latest news with #EmiratesAirlines
Time of India
14-07-2025
- Business
- Time of India
CM hold talks with UAE foreign trade minister, Emirates Airlines
Bhopal: On the second day of his visit to the UAE, chief minister Mohan Yadav visited the headquarters of the Textile Merchants Group (TEXMAS) and held discussions with leading textile traders in Dubai. He also met UAE minister of state for foreign trade Thani Bin Al Zeyoudi and Sheikh Ahmed bin Saeed Al Maktoum, chairman of Emirates Airlines and the Dubai Civil Aviation Authority among others. A t TEXMAS the high-level interaction on Monday focused on strengthening trade, innovation, and investment opportunities in the textile sector under the India–UAE Comprehensive Economic Partnership Agreement (CEPA). During the meeting, attended by TEXMAS chairman Nasir Akhoon, vice chairman Vinod Nagda, and other senior Indian-origin office bearers, both sides agreed to accelerate bilateral trade under CEPA. The chief minister told TEXMAS representatives that Madhya Pradesh is one of India's leading textile-producing states, with cutting-edge textile clusters like the PM MITRA Park in Dhar ready for global investors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo He also highlighted provisions under the new Industrial Policy 2025, including land allocation, capital subsidies, SGST reimbursement, and labour reforms. He invited UAE-based companies to explore technical collaboration in this area. The meeting between CM Yadav and Sheikh Ahmed bin Saeed Al Maktoum, chairman of Emirates Airlines and the Dubai Civil Aviation Authority marked an important step in strengthening aviation ties between Madhya Pradesh and the UAE. Yadav assured the state's readiness to participate in I2U2 (India, Israel, UAE, USA) partnerships in focus areas like clean tech, food logistics, and industrial innovation. He invited organizations like TEXMAS to initiate pilot projects in the state.
India Gazette
14-07-2025
- Business
- India Gazette
MP CM Mohan Yadav meets Emirates chairman to boost India-UAE aviation ties
Dubai [UAE], July 14 (ANI): Madhya Pradesh Chief Minister Mohan Yadav on Monday held an 'important' meeting with Chairman of Emirates Airlines and the Dubai Civil Aviation Authority, Sheikh Ahmed bin Saeed Al Maktoum and Senior Vice President of Commercial Operations for West Asia and the Indian Ocean at Emirates, Essa Sulaiman Ahmad, on the second day of his visit to Dubai. According to a post by the Chief Minister's Office on X, the discussions focused on strengthening aviation cooperation between India and the UAE. During the meeting, deliberations took place on enhancing aviation ties, with a particular focus on promoting direct flight services from Tier-2 cities like Indore and Bhopal, developing a regional cargo hub in Central India, and exploring opportunities in aviation training and Maintenance, Repair, and Overhaul (MRO) infrastructure. 'Chief Minister Dr. Mohan Yadav, during his Dubai visit, held an important bilateral meeting with Emirates Airlines and Dubai Civil Aviation Authority Chairman Sheikh Ahmed bin Saeed Al Maktoum. During this, detailed discussions were held on strengthening aviation cooperation between India and the UAE,' the MP CMO stated in the post. 'During the meeting, deliberations took place on promoting direct flight services from Tier-2 cities like Indore and Bhopal, developing a regional cargo hub in Central India, and exploring opportunities for cooperation in aviation training and MRO (Maintenance, Repair, and Overhaul) infrastructure. Discussions also covered encouraging inbound tourism and the possibility of establishing a branch of the Emirates Aviation Academy in Madhya Pradesh,' the post added. Following the meeting, the Senior Vice President of Commercial Operations for West Asia and the Indian Ocean at Emirates, Essa Sulaiman Ahmad, highlighted the potential synergies and investment opportunities. 'This was a terrific opportunity for us to meet with the Chief Minister of Madhya Pradesh... We know the synergies between Dubai and Madhya Pradesh... Absolutely, it was a very heartfelt meeting... I used to be in India for seven years, so this was quite an eye-opener to see the kind of investment and the vision that the Chief Minister has for the state, and absolutely looking at synergy where we can see where we take this partnership even further,' he stated. Yadav's official visit to Dubai in the UAE and to Spain is scheduled from July 13 to July 19. The aim of his visit is to bring global investment to Madhya Pradesh, encourage technology sharing, and create new job opportunities under the umbrella of 'Global Dialogue 2025'. (ANI)
Time of India
13-07-2025
- Business
- Time of India
Is UAE crypto-ready? How you can now buy property and book flights using cryptocurrency
Dubai's Emirates Airlines and Dubai Land Department partnered with to enable cryptocurrency payments for flights and real estate. TL;DR Dubai is integrating cryptocurrency into flights and real estate transactions. Crypto use is popular in the UAE due to zero taxes and easy global payments. Top developers like DAMAC and Emaar accept Bitcoin and Ethereum for property. Dubai's regulations make crypto real estate transactions safe and legal. Dubai's Vision of a Crypto-Integrated Economy Dubai is rapidly emerging as one of the world's most forward-thinking cities in adopting digital technologies, with cryptocurrency taking a prominent place. Known for its innovation, tax efficiency, and investor-friendly environment, the United Arab Emirates is positioning itself at the very center of the global crypto economy. Two recent landmark moves signal just how serious Dubai's commitments are. Emirates Airlines, the nation's flagship carrier, has signed a Memorandum of Understanding (MoU) with to integrate digital currency payments into its booking system. Simultaneously, the Dubai Land Department (DLD) has partnered with the same crypto platform to digitize real estate transactions through blockchain technology. These initiatives are part of a broader, rapidly expanding trend. With the global cryptocurrency market cap surpassing $3 trillion in early 2025, investors and consumers worldwide are increasingly turning to digital assets for everyday transactions. Dubai is responding decisively, blending government-backed projects with private sector innovation to meet this growing demand. Understanding Cryptocurrency and Its Appeal in the UAE Cryptocurrency is a form of digital money that uses blockchain technology to record and verify transactions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This may be of interest to you! Undo Unlike traditional fiat currencies such as the Dirham or US Dollar, crypto is decentralized, meaning it isn't controlled by any government or central authority. This makes it faster, borderless, and often more secure. Some of the most commonly used cryptocurrencies in Dubai include: Bitcoin (BTC) Ethereum (ETH) Tether (USDT) USD Coin (USDC) Why is crypto especially attractive in the UAE? Zero Taxation on Crypto: The UAE does not levy capital gains tax or personal income tax on crypto holdings for individuals. This means that profits from selling, staking, trading, or mining crypto are entirely tax-free, a powerful incentive for investors (Henley & Partners). Innovation-Friendly Climate: With its Smart City agenda and national blockchain strategies, Dubai provides a fertile ground for crypto innovation. Ease of Global Transactions: Crypto allows investors from anywhere in the world to participate in the UAE economy without traditional banking friction or currency exchange hurdles. Emirates Airline Partners with When an airline as globally influential as Emirates moves to accept cryptocurrency, it says something about where the world of finance is heading, and where Dubai sees itself in it. On 9 July 2025, Emirates signed a Memorandum of Understanding with one of the leading global crypto platforms, to bring digital currency payments into its booking and payments systems. The integration, which is expected to go live next year, would allow customers to purchase tickets using cryptocurrencies such as Bitcoin and Ethereum. The MoU, signed in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, represents a strategic push by Emirates to serve younger, tech-native travelers who already use crypto in their daily lives. As Adnan Kazim, Emirates' Deputy President, noted, it's about giving customers 'greater flexibility' and tapping into a rising global preference for alternative payments. sees the deal as a step toward normalizing crypto in everyday transactions, a necessary leap if digital assets are to become more than speculative tools. Joint marketing campaigns are also planned to raise awareness and adoption. This move aligns closely with Dubai's broader push to become a global crypto hub, where not just investments, but day-to-day purchases, even airline tickets, can be made with digital money. It's one more step toward a future where crypto isn't just held, but actually used. Dubai Land Department Joins the Crypto Momentum The integration of cryptocurrency into Dubai's economy isn't limited to airlines or consumer services , it's now being woven into the very foundations of the city's real estate market. As Emirates opens the skies to digital payments, Dubai's property sector is grounding those ambitions with institutional support. In July 2025, the Dubai Land Department (DLD) took a major step forward by signing a strategic agreement with aimed at transforming how property is bought, sold, and recorded in the city. This collaboration signals that crypto adoption is no longer a private-sector experiment, it's becoming policy-backed infrastructure. Under this agreement, the DLD and will work together to create a secure, fully digital investment environment for real estate. That includes enabling property purchases with cryptocurrency, building systems for investor verification and settlement, and developing the technical backbone for property tokenisation, a model that allows real estate assets to be broken down into tradable digital tokens. The initiative also aligns with the Dubai Real Estate Strategy 2033, which sets a target of AED 1 trillion (approximately $272 billion) in real estate transactions. Crypto is seen as one tool to help reach that number by attracting global investors, particularly those already operating in digital finance. Just as importantly, this partnership hints at what's coming next: the potential for government services to be payable in digital currencies from registration and licensing fees to digital ownership verifications. In short, the DLD isn't just enabling crypto property purchases, it's laying the groundwork for an end-to-end digital real estate ecosystem. Developers Leading the Crypto Charge Several major developers have already made cryptocurrency payments a reality: DAMAC Properties One of the first movers in the region. Accepts Bitcoin (BTC) and Ethereum (ETH). Known for developments like DAMAC Hills and Akoya Oxygen. Offers digital asset flexibility, attracting international buyers. Emaar Properties Developer behind Burj Khalifa , Dubai Mall, and Dubai Creek Harbour. Accepts crypto payments for select high-end properties. Reflects Emaar's alignment with Dubai's blockchain strategy. Nakheel Developer of iconic projects like Palm Jumeirah. Accepts BTC, ETH, and other digital assets. Allows easier cross-border purchases for global clients. These developers are helping normalize crypto payments in luxury real estate, making Dubai more accessible to international crypto investors. Accepted Cryptocurrencies in Real Estate Transactions Here is a quick overview of the most commonly accepted coins: Cryptocurrency Usage in Dubai Real Estate Bitcoin (BTC): The most widely accepted crypto for property purchases, trusted for its market dominance. Ethereum (ETH): Commonly used alongside Bitcoin, valued for smart contract capabilities. Tether (USDT): A stablecoin pegged to the US Dollar offering price stability during transactions. USD Coin (USDC): Preferred for low volatility and ease of use in payments. Benefits and Risks of Using Cryptocurrency in Real Estate While using cryptocurrency to buy property has its advantages, there are also a few important risks to consider. Benefits: Global Accessibility: Buyers can invest in Dubai property from anywhere without dealing with currency exchange or delays. Privacy and Security: Blockchain ensures transparency and reduces the risk of fraud. Faster Transactions: Crypto transfers often complete within minutes. Lower Fees: Reduced reliance on banks and third parties results in lower processing costs. Appeals to Modern Investors: Especially attractive to digital-native, high-net-worth individuals. Challenges: Volatility: Crypto values can fluctuate significantly, affecting both buyers and sellers. Regulatory Uncertainty: Though Dubai is ahead of the curve, global inconsistencies in crypto regulation can cause concern. Compliance Requirements: AML and KYC checks are still mandatory for all parties involved. Regulatory Environment: Safeguarding the Crypto Transition Dubai stands out as one of the first global cities to establish a clear and enforceable regulatory framework for cryptocurrency use, especially in real estate. This regulatory environment is crucial to building trust and ensuring security as digital currencies become part of everyday transactions. Two key bodies play vital roles in this framework: Dubai Land Department (DLD): Responsible for overseeing all property registrations, the DLD ensures that crypto transactions comply with legal requirements, protecting buyers and sellers alike. Virtual Assets Regulatory Authority (VARA): VARA governs all activities related to digital assets, licensing crypto platforms and enforcing strict Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols to maintain market integrity. Together, these authorities require that all real estate transactions involving cryptocurrency be conducted through verified and licensed platforms. This approach helps keep Dubai's crypto real estate market stable, secure, and transparent as it continues to grow. The Future of Crypto in UAE Real Estate and Beyond Dubai is not merely following global cryptocurrency trends, it is actively shaping them. With major institutions like Emirates and the Dubai Land Department embracing crypto, alongside developers promoting digital asset transactions, the UAE is building the foundation for a fully integrated digital financial ecosystem. Looking ahead, several developments are on the horizon: Government fees paid directly with cryptocurrency. Increased tokenization of property offerings by developers. Real estate projects built on blockchain, featuring fully digital ownership models. A growing influx of international investors from crypto-rich regions. As regulations mature and adoption broadens, Dubai is positioning itself as a model for other cities aiming to modernize their financial and real estate sectors. FAQs: What cryptocurrencies can I use to buy property in Dubai? You can use Bitcoin, Ethereum, Tether, and USD Coin. Why do people like using crypto in the UAE? Because there are no taxes on crypto profits and it's easy to send money globally. Is it safe to use crypto for real estate in Dubai? Yes, Dubai has strict rules and licensed platforms to protect buyers and sellers. Which companies accept crypto payments in Dubai? Emirates Airlines and major developers like DAMAC, Emaar, and Nakheel accept crypto. What's next for crypto in Dubai? Paying government fees with crypto and more digital property options are coming soon.
Time of India
11-07-2025
- Business
- Time of India
Etihad to launch high-speed in-flight WiFi on Kolkata-Abu Dhabi Route, ET Infra
Advt Advt Flyers from Kolkata will be the first among 100 cities in over 40 countries on the Etihad Airways network to witness in-flight high-speed WiFi facility across all classes."The international flying experience will change from Sept 26 when we service the Kolkata-Abu Dhabi sector with a new A321LR aircraft instead of the A320 now,"said Etihad chief revenue and commercial officer, Arik De. The new narrow-body Airbus A321LR will offer first-class suites, lie-flat business seats, and an economy cabin with 4K touchscreens and high-speed WiFi."The WiFi facility will enable flyers to not only work online on their laptops but also view or stream their content from OTT accounts," said De, who will take delivery of the first of 40 A321LR aircraft in two weeks. All flyers can access the free chat feature on WhatsApp, Messenger, Instagram and WeChat. Web-based calls and viewing content online is complementary for first-class passengers but fee-based for is a regulatory issue: Indian govt policy on satellite coverage needs to be clarified before the airline can offer internet services on board flights in Indian Etihad announcement comes days before rival carrier Emirates Airlines is set to introduce premium economy on four of its 11 flights between Kolkata and Dubai from July has twice daily flights on Friday and Sunday and a daily flight on Monday, Wednesday, Thursday, and Saturday between Kolkata and Abu Dhabi. Though it does not have a service on Tuesday, sister airline Air Arabia operates on Tuesday. In the absence of direct flights to Europe or the US, Etihad, Emirates, and Qatar offer connections to the West via Abu Dhabi, Dubai and aviation analysts argued that the lack of business class travellers and low yields have discouraged Indian, European, and American carriers from starting direct flights, Etihad is confident of filling up its premium seats."There are many successful people from Kolkata settled in the US or Europe who want to ensure that their parents travel in comfort," Etihad VP (global sales & distribution) Javier Alija said, adding that half of the business class passengers were leisure travellers.
UAE Moments
10-07-2025
- Business
- UAE Moments
Soon in Dubai: Pay for Emirates, Duty Free with Crypto
Heads up, Dubai travelers — you'll soon be able to book Emirates flights and shop at Dubai Duty Free using cryptocurrency. Emirates and Dubai Duty Free just signed a deal with to roll this out starting next year. Emirates Gets a Techy Upgrade Emirates says it's all about giving you more ways to pay, especially for those who love digital wallets and crypto coins. Whether you're booking a last-minute vacay or upgrading your seat, crypto will be an option soon. Duty Free Joins the Crypto Club Dubai Duty Free is also jumping on the crypto train. Soon, you can grab perfumes, gadgets, and souvenirs with digital coins, both in-store and online. They're also planning cool marketing collabs to get people hyped about this new way to pay. What's Next? The UAE's been warming up to crypto — property deals already accept it, and now the travel scene's catching on. The full crypto payment system is expected to go live in 2025.
