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Rocket attacks and gun battles rocked Israel, Gaza and southern Lebanon yesterday, as the conflict that has claimed more than 1,600 lives intensified.
Government officials, central bank governors, corporate leaders and top banking and financial executives have descended on Marrakesh to attend the World Bank and International Monetary Fund’s 2023 Annual Meetings.
The UAE Cabinet on Monday allocated a budget for 2024 with total estimated expenses amounting to Dh64 billion ($17.4 billion) and total estimated revenue of Dh65.72 billion, as it approved the country’s Dh192 billion ($52.27bn) federal budget for 2024 to 2026.
Hydrogen train tests are under way in Saudi Arabia as the country looks to adopt more sustainable transport systems.
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions