Category archives: Information

The Strait of Hormuz is one of the most strategically important waterways in the world. Although it appears as a narrow passage on the map, its influence on global trade, energy supply, and international economics is enormous. Every day, a significant portion of the world’s oil supply travels through this…

In recent years, many Nepalese have noticed one clear reality: the price of almost everything is increasing. Rice, cooking oil, vegetables, fuel, rent, and transportation—everything seems more expensive than before. The same salary that used to cover monthly expenses now feels insufficient. This phenomenon is called inflation. Understanding inflation is…

As a Nepalese worker in the UAE, sending money home isn’t just a transaction—it’s a lifeline for your family back in Nepal. With over 500,000 Nepalese migrant workers in the Gulf, remittances play a crucial role in Nepal’s economy, totaling billions of NPR annually. But navigating high fees, slow transfers,…

Dubai / Kathmandu | 11 December 2025 NIC ASIA Bank Ltd. and Nepalese in UAE have signed a Memorandum of Understanding (MoU) to collaborate on digital engagement and financial awareness initiatives for the Nepalese community living in the United Arab Emirates MOU with Nepalese in UAE. The partnership aims to…

For years, many Nepalis working abroad have carried a common belief:“Nepal runs because of our remittance.” This line reflects the pain, sacrifice, and dedication of every migrant worker. But emotionally powerful statements are not always factually accurate. It is important to understand where remittance actually goes, how it flows, and…

The United Arab Emirates has rapidly transformed into one of the world’s leading financial and technological hubs. For Nepalese fintech companies seeking global opportunities, the UAE provides the ideal environment to innovate, test, scale, and expand. With advanced financial infrastructure, strong regulatory frameworks, international investor access, and a large Nepalese…