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Economic Growth and AI Drive a Dynamic Labour Market  in the UAE The UAE's labour market has emerged as a leading global destination for professionals, thanks to a thriving economy and a forward-thinking approach to development. Supported by a pro-investment environment, the UAE continues to attract skilled professionals across diverse sectors, cementing its reputation as an international hub for talent. UAE: A Magnet for Global Talent The UAE's competitive advantages , such as advanced infrastructure, digital transformation strategies, and a focus on sustainability, have positioned it among the top markets for global talent.           1.  Global Rankings : In 2024, Deel , an HR management firm, identified the UAE as the top global destination for work visas . CEOWORLD Magazine ranked the UAE 1st regionally and 5th globally for digital nomads. InterNations placed the UAE 4th globally as the best country for expatriates to live and work...

RBI Proposes Cash Deposit via UPI and Widens Scope of CBDC RBI's Proposal for Cash Deposits via UPI: The Reserve Bank of India (RBI) has put forth a proposal to facilitate cash deposits in banks through the Unified Payment Interface (UPI) mechanism. Currently, cash deposits in Cash Deposit Machines (CDMs) primarily rely on debit cards. However, building on the success of card-less cash withdrawal using UPI at ATMs, the RBI aims to extend this functionality to cash deposits as well. RBI Governor Shaktikanta Das emphasized that enabling cash deposits via UPI would enhance customer convenience and streamline currency-handling processes at banks. Expansion of UPI Payments through PPI Wallets: In addition to cash deposits, the RBI has proposed allowing UPI payments through Prepaid Payment Instruments (PPI) wallets. Presently, UPI payments from PPIs are limited to using the web or mobile apps provided by the PPI issuer. The proposed measure seeks to permit the use of third-party UPI apps...