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MIDDLE EAST OPERATIONS
TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO Patrick Pouyanne tells French lawmakersTotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...- IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
- IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
- Vedanta Aluminium shares tumble 14% in 3 days since listing. What’s dampening the shine of Vedanta’s new crown jewel?Vedanta Aluminium shares hit the 5% lower circuit for a third straight session on Wednesday, extending their post-listing decline to 14%. S...
- Royal Orchid plans to add 50 hotels, betting on local demand boostRoyal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge...
- India Inc gears up for Middle East rebound after peace dealIndian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and secu...
- "Will continue fight against Hezbollah": Israeli Ambassador to India Reuven Azar; says "regime change" not part of Iran conflictThe Israeli Envoy affirmed that the Jewish state will continue its operations against Hezbollah in Lebanon, adding that Lebanon was not a p...
- Peace deal between Iran, US reached; to be signed officially on Jun 19 in Switzerland: Pakistan's PM Shehbaz SharifA significant peace deal between the United States and Iran has been reached. Prime Minister Shehbaz Sharif of Pakistan announced the agree...
- White House says Trump to meet PM Modi in France; no word from Indian side yetPresident Trump and Prime Minister Modi are set to meet in France. This meeting comes as US forces have attacked merchant ships carrying In...
- US Navy coordinates rescue of 14 Indian nationals from sinking dhow off Oman coastA major operation was launched off Oman to rescue 14 Indian crew members from the sinking vessel Virat 1. After detecting the emergency, th...
- Global air travel demand to slow to 2.1% in 2026, IATA saysGlobal air travel demand is set to grow in 2026, but at a slower rate. The Middle East faces a significant contraction due to ongoing confl...
- Iran condemns US strike on vessel that killed 3 Indian crew membersIran has strongly condemned a US attack on a commercial vessel. The incident resulted in the deaths of three Indian nationals. Iran has acc...
- US stocks: US market ticks up as chips rebound, Middle East in focusU.S. stocks opened higher on Thursday, with investors showing interest in undervalued technology shares. The Dow Jones Industrial Average, ...
- India summons US chargé d’affaires over attack on vessel with 24 Indian crew off Oman coastIndia summoned the US Chargé d’Affaires to protest an attack on the commercial vessel Settebello off Oman's coast, which carried 24 Indian ...
- IndiGo says it is monitoring Middle East situation, assures passengers on safetyIndiGo has issued a travel advisory for passengers flying to and from the Middle East, assuring them of its commitment to safety amidst evo...
- L&T betting big on 'digital workers' to overcome manpower challenges in projects: CFO R Shankar RamanLarsen & Toubro is embracing automation and robotics to boost construction. The company aims to transform the industry by reducing reliance...
- Global markets: Japan's Nikkei slides as Gulf tensions prompt shift out of high-flying tech stocksJapan's Nikkei share average fell 1.89% on Wednesday, with technology and AI-related stocks leading the decline. Renewed Middle East tensio...
- Emirates to offer incentives, safety assurances as Iran war hits travelEmirates plans incentives beyond lower fares to attract passengers concerned about the Iran war. The airline prioritizes reliability and cu...
- L&T betting big on 'digital workers' to overcome manpower challenges inprojects: CFO R Shankar RamanLarsen & Toubro is embracing automation and technology for construction growth. The company is using robots for tasks like welding and plas...
- Iraq reopens airspace after Iran ends operation against IsraelIraq reopened its airspace on Monday, the country's civil aviation body said, following Iran's announcement that it was halting its militar...
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