Roughly 20 per cent of global oil and a significant portion of natural gas pass through the Strait. Europe imports oil and liquefied natural gas (LNG) from Gulf states--Saudi Arabia, Qatar, UAE-- much of which travels through the Strait. If Iran blocks it, global oil prices would spike, a
President Trump's new travel ban targets citizens from 12 mainly African and Middle Eastern countries, citing visa overstays and weak screening. The policy, criticized by rights groups, aims to block new visa applicants while allowing those with existing visas to enter, CNN reported.
The auto component industry in the country is facing export challenges due to the ongoing overhang of tariffs by the USA. In addition, currency depreciation has led to demand weakness in a few Middle Eastern countries and a major slowdown in the European region, says a report by DAM Capital
Describing the Russia-Ukraine and Middle Eastern conflicts as "Biden Wars," as viewed by US President Trump, former US National Security Advisor John Bolton emphasised Trump's stance on these conflicts, stating that the President "is in kind of a rush to find a way to end them."
Dubai [UAE], January 15: Sigma Capital, a prominent Web3 early-stage venture asset manager, unveiled its $100 million Sigma Capital Fund I, aimed at driving the next generation of Web3 innovation both regionally and internationally. The launch underscores the UAE's pivotal role as a leader i
A new report by Arthur D Little highlights the UAE's commitment to cutting carbon emissions from the healthcare sector by 20 per cent by 2030 through energy-saving measures, recycling initiatives, and waste reduction. The report aligns with the UAE's Net Zero 2050 vision and underscores the
US President-elect Donald Trump announced on Sunday that he would appoint Massad Boulos, a Lebanese billionaire and father-in-law of his daughter Tiffany Trump, as his senior adviser on Arab and Middle Eastern affairs.
Factors like de-dollarisation and geopolitical conflicts, including the ongoing Russia-Ukraine war and escalating Middle Eastern tensions, continue to drive demand for gold as a stabilising asset, said Sachin Jain, Regional CEO India of the World Gold Council on Wednesday.
New Delhi [India], October 30: Kneetoes, a leader in stylish and comfortable footwear, is excited to announce enhancements to its existing online store as part of its plans for global expansion. With a revamped website, consumers around the world can now enjoy an improved shopping experience
New Delhi [India], September 2: In a strategic move to augment its global presence, Primus Partners Pvt. Ltd. - India's leading home-grown consultancy firm - today announced the opening of its new office in UAE. The strategic decision highlights Primus Partners' commitment to providing its s
New Delhi [India], July 1: Preston Trading, a well-known exchange, joined together Middle Eastern Emirates, has come to be a major driver in the oil and gas industry. Preston Trading was built up with a complement of cutting-edge techniques and a commitment to brilliance. Over time Preston T
Ministry of External Affairs Spokesperson Randhir Jaiswal extended thanks to the leaders of Middle Eastern countries, including Oman and Saudi Arabia wishing Prime Minister Narendra Modi on his electoral win in the Lok Sabha elections.