MIDDLE EAST COUNTRIES

Oil prices decrease slightly due to concerns over China's economic growth and potential U.S. interest rate cuts. Houthi attacks on ships in response to Middle East crisis affect shipping routes. Russian official expects global oil market balance tha...

First Abu Dhabi Bank is considering bid for Yes Bank stake. The stake sale has also drawn preliminary interest from Japan, including Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc., although it remains unclear how strong...

Austrian Chancellor Karl Nehammer has praised India as an influential and credit-worthy country in the Russia-Ukraine peace process. Nehammer discussed the conflict in Ukraine with Prime Minister Narendra Modi, who arrived after talks with Russian P...

Crude oil prices rose 6% in June due to OPEC+ production cuts and US summer fuel demand. WTI, Brent, and MCX futures gained. Geopolitical risks, hurricanes, like Hurricane Beryl, influenced prices. Energy agencies predict slower oil demand growth an...

In its quarterly update report released today, the company has said that it has reported overall revenue growth of approximately 27% YoY, whereas revenue growth for India operations stood at 29% during Q1 FY2025. Revenue growth from Middle East oper...

Voters face a choice between the hard-line former nuclear negotiator Saeed Jalili and Masoud Pezeshkian, a heart surgeon and longtime parliament member who has allied himself with moderates and reformists within Iran's Shiite theocracy.

Hezbollah's deputy leader, Sheikh Naim Kassem, stated that a full cease-fire in Gaza is crucial for halting hostilities on the Lebanon-Israel border. He emphasized Hezbollah's support role for Hamas and indicated that if Gaza's conflict ceases, thei...

Mediators from the U.S., Europe, and Arab nations are working to prevent escalating tensions between Israel and Hezbollah in Lebanon from turning into a broader Middle East conflict. Despite ongoing violence and threats from Iran and Israel, efforts...

A recent study by Ei, an EdTech company, revealed that nearly 80% of in-service math teachers in India and the Middle East lack basic conceptual understanding in areas such as ratio, proportional reasoning, algebraic reasoning, estimation, and logic...

The IMEC envisages a vast road, railroad and shipping networks among Saudi Arabia, India, the United States and Europe with an aim to ensure integration among Asia, Middle East and West.

Oil prices responded to geopolitical tensions and supply disruptions, with concerns over fuel demand dynamics. The market saw gains in Brent and WTI futures amidst heightened uncertainties, while attention remained on the impact of geopolitical conf...

Akasa Air started international services with flights to Doha in March. It has also announced flights to Jeddah and Riyadh. It also has traffic rights for Kuwait, and Medina.

In the waning moments of Iran's final televised presidential debate, one of the top candidates to replace the late hard-line President Ebrahim Raisi invoked the name of the one person who perhaps has done more than anyone to change the trajectory of...

Oil prices dropped due to rising U.S. stockpiles, affecting market sentiment. Brent crude traded at $84.17, and U.S. West Texas Intermediate at $80.58 per barrel. Escalating conflicts in Gaza, notably in Rafah, contribute to market uncertainties ami...

Food in other South Asian countries has changed since 1947. One of the biggest influences is the Gulf states, where millions from across this region have flocked to work. This has become the place where South Asian cultures and cuisines really conne...

Oil prices fell as OPEC+ extended output cuts, impacting Brent and WTI futures. Goldman Sachs analysts view meeting as bearish. Gaza conflict mediators urge Israel-Hamas ceasefire. Israel considers alternative to Iran-backed group.

The leaders of Ireland, Spain, and Norway announced their countries' recognition of Palestine as a state, intending to support a two-state solution and push for peace in the Israeli-Palestinian conflict. Israel's reaction was negative, warning of po...

The global benchmark, US WTI crude currently clinging below $80 a barrel, has lost more than 10% from a near two-year high tested last month. A similar correction was witnessed in the Asian Brent and the domestic MCX futures as well.

G20 Sherpa Amitabh Kant emphasized the challenges posed by the Russia-Ukraine war and tensions in the Middle East for global stability and economics. He stressed the need for urgent action to pursue inclusive and sustainable growth strategies in the...