GlobalSign inaugurates regional office in Dubai

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

"India has sufficient gas production and supply arrangements to sustain this position even in the event of a prolonged conflict. Power generation for every household and for industry is fully protected," Hardeep Singh Puri said. Opposition members sloganeered and protested against Puri's remarks.

Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

Petroleum and Natural Gas Minister Hardeep Puri will give a statement in Lok Sabha on the overall energy position of India amid West Asia conflict that has invariably affected shipping lines.

Abu Dhabi [UAE], March 12: At a time when global geopolitical tensions continue to reshape international relationships and cultural dialogue, art and cultural exchange are increasingly being viewed as important bridges between societies. In the UAE, where communities from across the world live and work together, the growing art ecosystem has become one of the ways cities such as Dubai and Abu Dhabi foster cross-cultural understanding.

New Delhi [India], March 12: In the dynamic business landscape of the United Arab Emirates, Indian entrepreneurs have played a significant role in shaping several industries. Among them, Satish Sanpal, Founder and Chairman of ANAX Holding, has emerged as a prominent business leader whose ventures span real estate, hospitality, and financial services.

The ongoing conflict in West Asia has begun to affect the textile industry in Bhilwara, Rajasthan, with export orders being stalled and trade disruptions impacting shipments worth around Rs 800 to Rs 1,000 crore, industry representatives said.

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.

Dubai [UAE]/ New Delhi [India], March 12: AKCEL Holding, a Dubai-based diversified conglomerate, and XRange Golf Entertainment will invest $100 million to launch next-generation golf entertainment venues in India as part of the AED 1 billion global expansion of the XRange platform. The move marks the group's first major entry into India's fast-growing sports and experiential leisure market, positioning the country as an important market in its international rollout.