Indian tourists and expats now have a reason to cheer as Dubai Duty Free stores have started accepting the Indian Rupee.
The currency can be used for shopping at all three terminals of Dubai International Airport and at Al Maktoum International.
Earlier, the rupee had to be converted into dirham, dollar or euro before making purchases.
Notes of 100, 200, 500 and 2,000 denominations are being accepted but the change will be handed out in UAE dirham.
Weaponising Strait of Hormuz is an act of economic terrorism: Sultan Al Jaber
Weaponising the Strait of Hormuz is an act of economic terrorism with global impact far beyond energy markets, asserted Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, while addressing CERAWeek in Houston, Texas.
IEA consulting with governments on further oil stock releases, chief Birol says
The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, Executive Director Fatih Birol said on Monday.
Dollar rises as escalating Middle East tensions spur haven demand
The dollar rose on Monday as escalating retaliatory threats in the Middle East conflict curbed risk appetite and lifted demand for safe-haven assets.
Business leaders highlight Dubai’s resilience amid global developments
Chairpersons of several country business councils operating under the Dubai Chamber of Commerce say the emirate is reinforcing its global reputation for resilience and agility amid global challenges.
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