Daily headlines from the UAE and around the world brought to you by Gulf News. India appeals to rural poor in annual budget. UAE has no intention to raise tax rates. World's next tallest hotel to open in Dubai. Kim Cattrall blasts Sarah Jessica Parker.
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00:00Good day and welcome to the Gulf News Update for Sunday, February the 11th.
00:06Here are the top stories at this hour.
00:08Indian Prime Minister Narendra Modi said today his country's relations with the UAE was
00:13much more than a trade tie as he hailed the growing ties with the UAE as deep, broad and
00:19vibrant.
00:20Addressing the members of the Indian community at the Dubai Opera, Modi said his government
00:24was trying to bring India to a global benchmark.
00:28Modi, who is on a two-day visit to the UAE, earlier laid a wreath at Waqf al-Karama on
00:32Sunday morning.
00:34India and the UAE signed five agreements on Saturday, including a deal to grant a consortium
00:39of Indian oil companies a 10% stake in Abu Dhabi's Lower Zakum concession.
00:44A UAE minister has shot down rumours that the government may raise the rates of excise
00:49tax or value-added tax.
00:51Obeid Humeid Al-Thair, Minister of State for Financial Affairs, also confirmed that the
00:55UAE was not considering any legislation to introduce income tax, but he said the ministry
01:01was in the early phases of drafting a law on corporate tax.
01:05Dubai's Sheikh Zayed Road will continue to host the world's tallest hotel, with the opening
01:10this week of the Jaibora, built by the Al-Athar Group.
01:13Located near the DIFC cluster, the 75-floor structure stands at a height of 356 metres
01:20and has 528 rooms.
01:22Kim Cattrall has a message for Sarah Jessica Parker – Spare me your sympathy.
01:27Cattrall lashed out at her former Sex and the City co-star after Parker expressed her
01:31condolences over the death of Cattrall's brother, Chris.
01:35The two actresses reportedly have not gotten along for years.
01:39And finally, the weather.
01:40Today's high across the UAE will be 26 degrees Celsius, dropping to 15 degrees at night.
01:45That's all for now.
01:46Thanks for watching and as always, you can get the latest news at gulfnews.com
01:52Thanks for watching and as always, you can get the latest news at gulfnews.com