WebinarsNew
Deep DiveNew
Explore Business Standard
Iranian President Masoud Pezeshkian held talks with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan in New Delhi on the sidelines of the BRICS summit on Saturday. The meeting assumed significance as relations between the two sides came under severe strain after Iran targeted many US bases in the UAE in the last few months as part of its retaliation to the US attacks on Iranian installations. "Iranian President Masoud Pezeshkian met with UAE Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan on the sidelines of the BRICS Summit," the Iranian embassy said on social media. The meeting came amid reports about Iran's plans Iran to meet members of the Gulf Cooperation Council (GCC) and Iraq in Oman on September 14 to discuss an agreement on transit through the Strait of Hormuz. It will be the first such meeting since the start of the West Asia conflict.
India and the United Arab Emirates (UAE) on Saturday explored ways to shore up trade and investment ties with Prime Minister Narendra Modi and Abu Dhabi Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan reviewing the trajectory of bilateral relations. The two leaders met on the margins of the BRICS summit. The meeting came against the backdrop of sudden spike in tensions amid the West Asia conflict. "Discussed taking our Strategic Partnership forward across defence, AI, space, critical minerals, energy, food security and connectivity," Modi said in a social media post. "At a time of uncertainty in West Asia, a strong India-UAE is a symbol of stability, prosperity and peace," he added. In the trade domain, the two sides discussed ramping up investments by Emirati entities, including by the new sovereign fund L'Imad. The two leaders acknowledged the role that L'Imad, the UAE's newest sovereign investment fund, can play in deepening the bilateral partnership, the Ministry of Exter
The United Arab Emirates' air force intercepted an Iranian drone over its territorial waters Monday, the Defense Ministry said, an attack that comes after the US and Iran exchanged fire on the weekend, the first significant military action in a month. In a short statement, the Defence Ministry said it "dealt with" an Iranian drone that was detected over its waters approaching from Iran. There were no immediate claims of responsibility from Tehran nor any reports of damage. The UAE Defence Ministry later issued a second statement denying the Al Menhad Air Base in Dubai had been targeted by Iranian missiles, as had been reported by Iranian media outlets. The incident came after US forces on Sunday struck Iranian rocket launchers on an Iranian island, breaking a lull in fighting in the war that has lasted more than six months. Iran responded by launching missiles at US sites in Jordan, which were intercepted. Early Monday, Iran's Foreign Ministry said that Iran would "not hesitate to
The United Arab Emirates is blaming Iran for firing drones at two tankers operated by a state-owned oil company as they sailed through the Strait of Hormuz, saying Friday that the attacks were acts of piracy. The attacks caused no casualties but underlined the dangers faced by vessels seeking to move cargo through the critical waterway that leads from the Persian Gulf to the open oceans as Iran keeps a firm grip on the passage. Here's a look at the latest developments in the Iran war and the wider Middle East. Full coverage can be found here. 2 oil tankers hit by drones as they transited Strait of Hormuz ---------------------------------------------------------------------- Two tankers owned by Abu Dhabi's state-owned oil and gas company ADNOC were attacked Thursday evening while transiting the Strait of Hormuz, the company said. It added that the attack caused no injuries and that "the situation has been brought under control." The British military's United Kingdom Maritime Trade
Union Home Minister Amit Shah on Friday said the Narcotics Control Bureau has secured the return of fugitive drug kingpin Virender Singh Basoya from the UAE. "Modi govt is relentlessly tracking down drug traffickers hiding abroad and destroying their entire ecosystem with a ruthless approach," the Home Minister said in a post on X. He said the Narcotics Control Bureau (NCB) secured the return of Basoya from the UAE creating a "new milestone" in the policy of zero tolerance against narcotics, "By tracing the criminal through a top-to-bottom and bottom-to-top approach, our agencies have once again proven that no matter where drug traffickers hide, they cannot escape the long arm of Indian law," he said. Basoya is accused of being the mastermind of an international drug syndicate.
A vessel owned by Abu Dhabi's state-owned ADNOC oil and gas company was attacked while transiting the Strait of Hormuz, Emirati authorities said. The Foreign Ministry said Iran fired the missile as part of attacks on commercial shipping. ADNOC said in a statement that there were no casualties following the attack early Saturday. The company said over a dozen of its vessels have been attacked by missiles and drones while passing through the strait since the United States and Israel launched the war on Iran in February. One crew member has been killed and 20 others wounded, it said. ADNOC didn't elaborate on where the attack took place or on any damage. Later, the United Kingdom Maritime Trade Operations Centre said a vessel east of the town of Khasab, Oman, had been struck by a projectile that caused a fire that was put out, with the vessel and crew safe. It was not immediately clear whether this was the ADNOC incident. Iran and Oman, on the other side of the strait, have been ...