Page 9 - Middle East

Sensex rises 1,100 pts, Nifty tops 25,100: What's driving market rally?

Why are markets rising today? Sensex and Nifty gained over 1 per cent in trade; Sensex rallied 935 points and Nifty traded above 25,000; here's why

Foreigners evacuated by air, land and sea as Israel-Iran conflict worsens

Countries are evacuating their nationals from Israel and Iran by air, land and sea as conflict rages between the bitter rivals. Days of attacks and reprisals by the two enemies have shuttered airspace across the Middle East, severely disrupting commercial flights and leaving people unable to get in or out of the region easily. Some governments are using land borders to get their citizens out by road to countries where airports remain open. Thousands of foreigners have already left since the conflict started last week when Israel launched surprise missile strikes on Iran. Bulgaria Bulgaria has moved all its diplomats from Tehran to the capital of Azerbaijan, Baku, the Balkan country's prime minister said Thursday. We are not closing the embassy, ??but moving it to Baku until the danger passes, said Prime Minister Rosen Zhelyazkov. A group of 89 Bulgarians was evacuated from Israel by plane to Sofia, along with 59 nationals from Slovenia, the US, Belgium, Albania, Kosovo and ...

US moves military assets, limits access to its largest base in Middle East

The moves come as President Donald Trump kept the world guessing whether the United States would join Israel's bombardment of Iran's nuclear and missile sites

Schengen-style GCC visa: Get set to visit UAE, Saudi, Oman with one permit

Soon, travel to the UAE, Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait with one visa as GCC approves a Schengen-style unified tourist visa awaiting rollout

Trump cuts short G7 visit amid Middle East crisis: Know details | Iran-Israel war | G7 summit 2025

US President Donald Trump cut short his G7 visit in Canada amid the growing Middle East crisis. Watch the video for details.

Israel stock market shrugs off war concerns as TA-125 trades near record

Israel's equity markets defy regional conflict, with TA-125 hitting record highs despite ongoing missile strikes with Iran

G7 shows support for Israel, calls Iran 'source of instability' in Mideast

'We urge that the resolution of the Iranian crisis leads to a broader de-escalation of hostilities in the Middle East, including a ceasefire in Gaza,' the G7 statement said

Airports close across Mideast as conflict escalates between Israel, Iran

After Israeli strikes landed near the hotel where he was staying in the Iranian province of Qom, Aimal Hussein desperately wanted to return home. But the 55-year-old Afghan businessman couldn't find a way, with Iranian airspace completely shut down. He fled to Tehran after the strike Sunday, but no taxi would take him to the border as the conflict between Iran and Israel intensified. Flights, markets, everything is closed, and I am living in the basement of a small hotel, Hussein told The Associated Press by cellphone on Monday. "I am trying to get to the border by taxi, but they are hard to find, and no one is taking us. Israel launched a major attack Friday with strikes in the Iranian capital of Tehran and elsewhere, killing senior military officials, nuclear scientists, and destroying critical infrastructure. Among the targets was a nuclear enrichment facility about 18 miles from Qom. Iran has retaliated with hundreds of drones and missiles. The dayslong attacks between the two

Stock Market close highlights: Sensex jumps 677 pts, Nifty at 24,946; all sectors settle in green

Sensex Today | Stock Market close, Monday, June 16, 2025: Oil prices were in the red today with the WTI crude oil down around 0.6 per cent

Jaishankar, UAE FM discuss West Asia situation, ways to reduce escalation

External Affairs Minister S Jaishankar held a telephonic conversation with his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan on Monday and discussed the current situation in West Asia and the role of diplomacy.Jaishankar stated that he and Abdullah bin Zayed agreed to remain in touch.In a post on X, Jaishankar stated, "Had a telecon with DPM & FM @ABZayed of UAE on the current situation in West Asia and the role of diplomacy. Agreed to remain in touch."According to the statement released by the Office of the UAE's Minister of Foreign Affairs, Abdullah bin Zayed and Jaishankar discussed ways to reduce escalation and prevent the spread of the conflict in the region."Abdulla bin Zayed and @DrSJaishankar discuss during a phone call the latest developments in the region, and ways to reduce escalation and prevent the spread of the conflict in the region," the Office of the UAE's Minister of Foreign Affairs posted on X.Tensions have escalated in West Asia after Israel carried out

Israel-Iran conflict may send prices higher, spark broader economic fallout

Israel's attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households. Oil and gold surged and the dollar rose as markets retreated, signalling a flight to investments perceived as more safe. After years of sky-high inflation in the aftermath of the COVID-19 pandemic, Americans have become increasingly leery about the economy this year due to President Donald Trump's sweeping tariffs, though the impact so far has been muted. The latest escalation in the Middle East has the potential to cause widespread price increases that could set consumers back again. Here's a look at some of the sectors that could face an outsized impact from the escalation in the Middle East, and what that might mean for consumers. Energy Oil prices surged Friday to their biggest gain since the onset of Russia's war on Ukraine began more than three years ago. If or when Israe

Oil prices jump over 11% as Israel strikes Iran, rattling investors

US West Texas Intermediate crude was up $5.38, or 7.91 per cent, at $73.42 a barrel after hitting a high of $74.35, the loftiest since February 3

US to withdraw some embassy staff from Middle East as tensions rise

US officials have been told that Israel is ready to launch an operation into Iran, which is part of the reason why the Trump admin advised some Americans to leave the region, CBS News reported

Egis appoints regional leaders to boost growth in West, South Asia

Egis Announces New Regional Leadership Appointments to Drive Strategic Growth and Transformation

Syria to grant inspectors access to suspected nuclear sites: UN watchdog

Syria's new government has agreed to give inspectors from the United Nations' nuclear watchdog access to suspected former nuclear sites immediately, the agency's head told The Associated Press on Wednesday. The International Atomic Energy Agency's director-general, Rafael Mariano Grossi, spoke in an exclusive interview in Damascus, where he met with President Ahmad al-Sharaa and other officials. He also said al-Sharaa expressed an interest in pursuing nuclear energy for Syria in the future, adding, Why not? The agency's aim is to bring total clarity over certain activities that took place in the past that were, in the judgment of the agency, probably related to nuclear weapons, Grossi said. He described the new government as committed to opening up to the world, to international cooperation and said he is hopeful of finishing the inspection process within months. An IAEA team in 2024 visited some sites of interest while former President Bashar Assad was still in power. Since the fa

A disillusioned Musk, distanced from Trump, says he's exiting Washington

The billionaire has made clear he is frustrated with the obstacles he encountered as he tried to upend the federal bureaucracy

Indian giants L&T, Afcons win big in West Asia's $235 billion infra push

L&T focuses on transport and energy in Saudi Arabia, UAE; Afcons eyes Dubai Sewerage Project and urban tunnels as West Asia's project pipeline booms

Shaping the new deterrent: The strategic shift in India-Pakistan conflict

India's restraint has now translated into a sense of strategic intolerance. There has been a marked change in India's military strategy, and in the complexity of its retaliatory strikes

Saudi Arabia unveils 'TOURISE' platform to chart future roadmap for tourism

Saudi Arabia on Thursday announced the launch of a global platform which seeks to create a "powerful partnership" between public and private sectors and chart a future roadmap for tourism. Saudi Arabia's Minister of Tourism Ahmed Al-Khateeb launched the platform, 'TOURISE', and also announced that the TOURISE Summit will be held in Riyadh from November 11 to 13. The announcement was made in the Saudi capital during a press conference that was attended virtually by a large number of journalists from around the world. TOURISE is a "bold new initiative", structured for year-round impact through collaboration, and will be anchored with a high-profile global advisory board. In his address, the Saudi minister said the platform seeks to chart the course for tourism for the next 50 years. It will bring public and private sectors together. He said this initiative is "no ordinary endeavour". Saudi Arabia seeks to deliver practical, visible and permanent solutions, and this initiative will

Trump keeps increasing claim of Mideast countries' investment amount in US

President Donald Trump loves big numbers and he's always happy to talk them up. Trump, who coined the phrase truthful hyperbole in his book The Art of the Deal, over the last few days has been steadily increasing the amount of money he says that countries in the Mideast pledged to invest in the US when he visited the region last week. He didn't provide underlying details. The figure has gone from $2 trillion last week to potentially $7 trillion as of Tuesday, according to statements by Trump and the White House. A look at how the number has bounced around: THURSDAY: With his Mideast trip still under way, Trump told reporters on Air Force One: We just took in $4 trillion. FRIDAY: A White House statement said Trump's first official trip was a huge success, locking in over $2 trillion in great deals. MONDAY: We brought back about $5.1 trillion," Trump said in remarks to the Kennedy Centre's leadership. That's not bad. And, it's being credited as one of the, maybe, the most successf