Strait of Hormuz closure chokes trade and aid for AfghanistanAfghanistan's trade routes are severely disrupted. Conflicts in the Middle East and border closures with Pakistan have crippled businesses ...
NCB seizes ₹182 cr Captagon in India's first 'jihadi drug' bustThe Narcotics Control Bureau has made a significant drug bust in India. Operation Ragepill led to the seizure of Captagon, known as the 'ji...
Saudi Arabia's crown prince freezes rents in Riyadh for 5 years after prices rapidly roseIn Riyadh, Saudi Arabia, rental costs are set to remain stable. Crown Prince Mohammed bin Salman has ordered a five-year freeze on commerci...
US consumer prices rise moderately in March; underlying inflation still hotThe Consumer Price Index (CPI) climbed 0.1% last month after advancing 0.4% in February, the Labor Department said on Wednesday. In the 12 ...
UAE economy grew 8.2% in Q1, central bank estimatesReal gross domestic product (GDP) is expected to grow 5.4% this year and 4.2% next year, the central bank said. There was a high probabilit...
Saudi IPO market set for bumper year boosted by lockdown savingsFour out of seven IPOs from Gulf countries last year launched on Saudi Arabia's Tadawul bourse, the largest market in the region with avera...
Saudi Arabian Airlines faces claim over 50 leased Airbus planes: DocumentsThe deal between Alif and Saudia, announced by Airbus at the 2015 Paris Airshow, was hailed as the largest aviation deal to be secured via ...
Family tax hits Indian expats in Saudi ArabiaThe fee was proposed to shore up the Saudi’s sagging revenues in the wake of the decline in global oil prices.
Arabian Nights are over: Gulf no longer the dream land for IndiansAs cost of living rises in Gulf countries, Indians have started coming back. Schools in Hyderabad have reported a spurt in admissions of wa...
Trump Park Avenue sues Saudi prince for not paying rentThe tenant had agreed in June 2014 to extend the lease through June 2019, according to the complaint. Trump Park Avenue seeks more than $1....
Saudi, UAE VAT to adversely affect majority of Indians: Former diplomatOf them, the lower middle class and middle class sections will get affected the most as they are already feeling the pressure on account of...
10 Indians killed in house fire in Saudi ArabiaExternal Affairs Minister Sushma Swaraj in New Delhi said officials of Indian consulate in Jeddah are rushing to Najran following the incid...
Indian expats hit hard as Gulf economies slip on free fall in crude pricesOman, in particular, which has released an austerity-driven budget, has made moves that are likely to affect the monthly expenses of expatr...
MEA seeks report on rape charges against Saudi diplomatThe external affairs ministry has sought a detailed report on the alleged incident involving a diplomat at the Saudi Arabia embassy in New ...
Saudi diplomat booked for rape in GurgaonThe victims have alleged that they were first taken to Jeddah in Saudi Arabia where they were made to perform household chores and were rap...
- Saudi Arabia's real GDP to reach 4 pct this year
Saudi Arabia's economy will grow by 4 per cent this year as oil production increases, while inflation in the biggest Arab economy will stab...
- Inflation cause of concern for Saudis, Indians
A large number of expatriates, including Indians, have been affected due to rise in prices of essential commodities and soaring house rents.