Explore Business Standard
The United Arab Emirates reported a new missile attack Sunday morning, a day after Iran called for the evacuation of three major UAE ports, threatening for the first time a neighbouring country's non-US assets. Tehran accused the United States of using "ports, docks and hideouts" in the UAE to launch strikes on Kharg Island, home to the main terminal handling Iran's oil exports, without providing evidence, as the war showed no signs of ending. US President Donald Trump said he hoped allies would send warships to secure the vital Strait of Hormuz. Meanwhile, Israeli strikes have deepened Lebanon's humanitarian crisis, with about 800 people killed and more than 850,000 displaced. Here is the latest: Emirati adviser slams Iran's claim that Kharg strikes were launched from the UAE ------------------------------------------------------------------------------------------- "This reflects a confused policy that missed the point, lost its direction, and lacked wisdom," Anwar Gargash, ad
Dubai-based Solstice Data has officially entered into a Memorandum of Understanding (MoU) to launch a massive investment project at an outlay of Rs 52,600 crore at the KINFRA Industrial Park in Mattannur in Kannur district. As part of the landmark agreement, 100 acres of land within the park will be allocated to the company to facilitate the development of its facilities, according to an official statement on Sunday. The MoU was formally exchanged in Thiruvananthapuram between Raj Babu Thulaseedharan, Country Head (India) of Solstice Data, and Santhosh Koshy Thomas, Managing Director of KINFRA, it said. The ceremony took place in the presence of Industries Minister P Rajeev and Director of Industries P Vishnuraj on Saturday. Solstice Data is a global leader in designing, developing, and operating advanced AI-driven High-Performance Computing (HPC) data centers. Beyond its headquarters in Dubai, the company manages over sixty data center projects across various international locati
Dubai and its long-haul carrier Emirates said Saturday the airline would resume operations after temporarily halting them following an Iranian attack on the city-state. The news brought cheers in Dubai International Airport, where passengers had been sheltering after hearing a large boom overhead. Authorities have not explained if there was an interception or damage at the airport, which is the world's busiest for international travel.
Explosions in the sky woke Cory McKane on Saturday, turning a quick visit to Dubai before a friend's wedding in India into a tense, multi-day search for a way out of the United Arab Emirates as the Iran war expanded. Faced with limited options, McKane and his friends eventually drove a rental car to the Oman border, where taxi drivers were charging up to USD 650 to take people to Muscat International Airport. The journey to Muscat took 10 hours but paid off: McKane secured a last-minute flight to India, arriving Wednesday sleep-deprived but relieved. Hundreds of thousands of travellers found themselves similarly stranded in the Middle East after Israel and the United States attacked Iran on Saturday, and Iran struck back on Gulf states as well as Israel. With much of the region's airspace closed and airstrikes intensifying, governments from North America and Africa to Europe and Southeast Asia continued their race on Wednesday to bring their citizens home. Officials chartered jets o
Double Olympic medallist PV Sindhu was on Saturday left stranded at Dubal airport en route to the prestigious All England Open badminton tournament, after flight operations were suspended owing to escalating of tensions in the Middle East. The tournament is scheduled to start from next Tuesday. Sindhu took to Instagram and posted a video showing a crowded airport with a caption: "All flights suspended until further notice." The US and Israel launched a major offensive on Iran on Saturday, with American President Donald Trump calling on the Iranian public to overthrow the Islamic leadership that has ruled the nation since 1979. The military strikes have led to a closure of air space in the Gulf region and caused disruption to several flights, including Emirates and Air India. Air India cancelled all its flight to and from the Gulf region, mainly to Abu Dhabi, Dammam, Doha, Dubai, Jeddah, Muscat, Riyadh, and Tel Aviv, Israel, the airline said in a statement posted on 'X'. The Dubai
Dubai has named a new chairman for DP World, one of the world's largest logistics companies, replacing the outgoing head who was named in the Jeffrey Epstein documents. The announcement by the government's Dubai Media Office did not specifically name Sultan Ahmed bin Sulayem. However, it said that Essa Kazim was named DP World's chairman and Yuvraj Narayan was named group CEO. Those were positions held by Sulayem. DP World has long been a pillar of the economy of the Middle Eastern city. DP World is a logistics giant that runs the Jebel Ali port in Dubai and operates terminals in other ports around the world. The announcement comes a day after financial groups in Canada and the United Kingdom said they've paused future ventures with DP World after newly released emails showed a yearslong friendship between Sulayem, and Epstein. The emails - some referencing porn, sexual massages and escorts - surfaced in the cache of Epstein-related documents recently released by the US Department