Tag : content syndication

Business

India approves $1.1B venture fund of funds for startups

omandailynews.com
NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds 2.0 with a corpus of ₹10,000 crore (about $1.1 billion) to mobilize venture capital for the country’s startup ecosystem, the government said in a statement issued Feb. 14. The program, launched under......
Business

Air Arabia records 2025 profit, proposes 30 fils dividend

omandailynews.com
SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend of 30 fils per share, subject to shareholder approval. The Sharjah-headquartered low-cost airline said the results cover the year ended Dec. 31, 2025, and marked its......
Travel

Vietnam welcomes record 2.5 million visitors in January

omandailynews.com
HANOI: Vietnam recorded its strongest ever month for inbound tourism in January 2026, welcoming nearly 2.5 million foreign visitors, according to official statistics. The total was the highest monthly figure on record and marked a sharp rise from the end of 2025, underscoring the pace of recovery in Vietnam tourism and international......
Business

Modi unveils 2047 tax holiday to grow India data centres

omandailynews.com
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive unveiled in the Union Budget 2026 to strengthen the country’s role in global digital infrastructure......