Singapore ranks first granting passport-holders access to 195 destinations
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![232,000 commercial licenses issued to Indian companies in the UAE: Abdulla bin Touq Al Marri, UAE economy minister 232,000 commercial licenses issued to Indian companies in the UAE: Abdulla bin Touq Al Marri, UAE economy minister](https://nrifocus.com/wp-content/uploads/MARRI-NEW.jpg)
232,000 commercial licenses issued to Indian companies in the UAE: Abdulla bin Touq Al Marri, UAE economy minister
Of these, 20,000 Indian commercial licenses were registered during the first six months of this year
![NRI deposits as of May stand at $154.72 billion NRI deposits as of May stand at $154.72 billion](https://nrifocus.com/wp-content/uploads/Money-exchange.jpg)
NRI deposits as of May stand at $154.72 billion
RBI data for April-May FY25 reveals a four-time increase in money inflow into deposit schemes when compared to last year
![In bid to attract investments, India cuts taxes on foreign companies In bid to attract investments, India cuts taxes on foreign companies](https://nrifocus.com/wp-content/uploads/tax-1.jpg)
In bid to attract investments, India cuts taxes on foreign companies
Finance Minister announces five-percent cut in corporate tax for foreign companies. The new rate will be 35 percent, with the aim of incentivising foreign entities with investments in India
![NRI-owned UAE supermarket Al Maya launches UPI payments in all its outlets NRI-owned UAE supermarket Al Maya launches UPI payments in all its outlets](https://nrifocus.com/wp-content/uploads/Al-Maya.jpg)
NRI-owned UAE supermarket Al Maya launches UPI payments in all its outlets
Customers can avail of the facility countrywide for a good shopping experience
![IAS officer K. Vasuki is not ‘foreign secretary’, clarifies Kerala Chief Secretary IAS officer K. Vasuki is not ‘foreign secretary’, clarifies Kerala Chief Secretary](https://nrifocus.com/wp-content/uploads/Vasuki.jpg)
IAS officer K. Vasuki is not ‘foreign secretary’, clarifies Kerala Chief Secretary
The BJP in Kerala had earlier slammed the State government for giving the officer additional charge of matters connected with ‘External Cooperation’ that comes under the purview of the Central government
![Mohammed bin Rashid visits Himalaya Wellness centre at Dubai Science Park Mohammed bin Rashid visits Himalaya Wellness centre at Dubai Science Park](https://nrifocus.com/wp-content/uploads/Himalaya-herbal.jpg)
Mohammed bin Rashid visits Himalaya Wellness centre at Dubai Science Park
The global research unit of the trusted Indian brand supports the Dubai Research and Development Program that seeks to attract investments to make Dubai the preferred regional R&D destination
![Dubai businessmen pilot Air Kerala from God’s own country Dubai businessmen pilot Air Kerala from God’s own country](https://nrifocus.com/wp-content/uploads/Air-Kerala.jpg)
Dubai businessmen pilot Air Kerala from God’s own country
The start-up airline will begin operating domestic flights in the next few months
![QR code-based UPI payments for NRIs and Indian tourists in the UAE QR code-based UPI payments for NRIs and Indian tourists in the UAE](https://nrifocus.com/wp-content/uploads/QR-UPI.jpg)
QR code-based UPI payments for NRIs and Indian tourists in the UAE
The implementation will happen in a phased manner across the region
![India luring investors with $100 billion opportunities in the energy sector India luring investors with $100 billion opportunities in the energy sector](https://nrifocus.com/wp-content/uploads/Oil-exploration.jpg)
India luring investors with $100 billion opportunities in the energy sector
Government aims to increase the acreage under oil and gas exploration to one million sq. km. by 2030
![UAE names street in honour of NRI doctor from Kerala UAE names street in honour of NRI doctor from Kerala](https://nrifocus.com/wp-content/uploads/Dr.jpg)
UAE names street in honour of NRI doctor from Kerala
Dr George Matthew has lived in the country for 60 years, and the honour was in recognition of his services to the development of the UAE’s healthcare sector
![Mega projects to see progress as India-UAE plan major summit next year Mega projects to see progress as India-UAE plan major summit next year](https://nrifocus.com/wp-content/uploads/India-UAE-1.jpg)
Mega projects to see progress as India-UAE plan major summit next year
A business conclave has been scheduled in Dubai next year for investments worth billions of dollars in the trade and healthcare sectors