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MIDDLE EAST AUTOMOTIVE MARKET
TVS Motor names insider Peyman Kargar as CEO, replacing RadhakrishnanPeyman Kargar will become TVS Motor's new Chief Executive Officer in 2027. He brings over three decades of global automotive industry exper...- Toyota sales, production fall on sharp declines in China, Middle EastToyota's global vehicle sales and production experienced a decline in July. Sales fell by 4.8 percent, while production dropped by 2.1 perc...
- US to send new aircraft carrier to Middle East as Iran war drags onThe USS Theodore Roosevelt strike group is expected to deploy to the Middle East in coming weeks, replacing the USS George Washington after...
- Global Market: European shares steady as Nvidia boost offsets consumer, auto weaknessEuropean shares were largely flat as gains in technology stocks, fuelled by Nvidia’s upbeat revenue outlook, offset declines in consumer go...
- Oil prices extend losses on expectations talks to ease Middle East supply woesOil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...
- 'No other option': Gulf expats hunker down between bouts of warForeign workers are largely staying in Gulf countries despite six months of conflict, choosing higher, tax-free salaries over weaker prospe...
- Indian engineering giant L&T’s order wins signal Middle East revivalLarsen & Toubro reported an impressive acquisition of thirteen new orders since the beginning of July, including seven contracts from the M...
- Singapore records over 600,000 Indian visitors in first half of 2026Singapore received over 600,000 Indian visitors in the first half of 2026, while tourism receipts from India rose 8% to S$374 million in Q1...
- L&T partners with French firm to market specialised road construction equipment in IndiaLarsen & Toubro has joined forces with FAYAT Road Equipment to promote BOMAG machinery within India. This partnership not only expands the ...
- AI is keeping Asia afloat as inflation weighs it down: Moody’s AnalyticsIn the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consum...
- Interventions hold rupee on narrow leash, traders await US sanctions on IranThe Indian rupee showed little movement on Monday, remaining steady in a limited range due to ongoing central bank actions. Market particip...
- Mahindra bets on 'Scorpio Lifestyler' to drive global export pushMahindra & Mahindra plans to expand its export operations with a new pickup truck. This vehicle will target markets in South Africa, Austra...
- D-Street poised for positive start as GIFT Nifty signals gainsRising crude oil prices combined with ongoing tensions in the Middle East are influencing investor confidence negatively. Global markets ar...
- The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
- Sensex closes nearly unchanged, Nifty above 23,250 as Middle East uncertainties cap gains. What lies ahead?Indian equities closed higher on Friday, though Middle East tensions limited gains in benchmark indices. Sensex rose over 3 points to 77,54...
- Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
- Urban Company, Unicommerce expand partnership to Saudi Arabia, UAEUrban Company's Middle East division has partnered with Unicommerce to streamline its e-commerce operations in Saudi Arabia and the UAE. Th...
- Oil prices steady as investors assess US-Iran war outlookOil prices stabilized as market participants evaluated the potential implications of the ongoing U.S.-Iran conflict. Shipping activity in t...
- Global Market: European shares flat as Middle East risks weigh; Fed Minutes in focusEuropean shares were largely flat as Middle East tensions kept investors cautious ahead of the Federal Reserve’s July meeting minutes. Gain...
- Global Market Today: Asian shares advance; oil rises on Middle East concernsAs peace prospects in the Middle East worsen, oil prices surged, reigniting fears about supply disruptions. Concurrently, US Treasury yield...
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