Middle East

Middle East,Africa smartphone market to top 155m units in 2015

Smartphone shipments to Middle East and Africa are set to reach 155 million units in 2015 after increasing 66 per cent year-on-year during the first quarter to cross 36 million units, according to latest figures.

Jul 13, 2015, 14:01 PM IST

Oil prices higher on Middle East unrest

Oil prices rose on Monday as fresh tensions in Yemen and Iraq raised concerns about a supply disruption in the crude-rich Middle East, analysts said.

May 18, 2015, 19:16 PM IST

Sensex tanks to 6-1/2-month low on rupee, reform bill worries

The NSE Nifty index also ended with a loss of 39.70 points or 0.49 percent at 8,057.30 -- its weakest close since December 17 last year.

May 07, 2015, 16:05 PM IST

Smartphone supply to Middle East, Africa up by 83% in 2014

Smartphone shipments to the Middle East and Africa saw an unprecedented year-on-year growth of 83 percent in 2014, according to a report.

Apr 28, 2015, 13:55 PM IST

Oil hits 2015 high on Yemen worry; US gasoline at November peaks

Crude oil prices settled up 3 percent on Thursday, hitting 2015 highs, while U.S. gasoline reached 5-month peaks after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies.

Apr 24, 2015, 01:48 AM IST

Apollo Hospitals receives Golden Peacock Award in Dubai

Healthcare major Apollo Hospitals Enterprise which views the Middle East as an important part of its global strategy, has been bestowed with the 'Golden Peacock' Award here for their business excellence in healthcare.

Apr 22, 2015, 14:17 PM IST

IMF slashes growth forecast for Mideast oil exporters

The International Monetary Fund slashed growth forecasts Tuesday for Middle East and North Africa (MENA) oil exporters over a steep drop in crude prices, raging conflicts and continued uncertainty.

Apr 14, 2015, 19:05 PM IST

Qatar`s economy grows more than 6% in 2014

Shrugging off any fears regarding the oil price slump, the energy-rich Gulf economy expanded by 6.2 percent last year, according to the ministry of development planning and statistics.

Apr 05, 2015, 17:12 PM IST

Oil falls more than $1 as Middle East supply fears ease

Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen.

Mar 27, 2015, 16:53 PM IST

Markets collapse on geopolitical worries, Sensex tanks 654 points

The NSE Nifty slipped 189 points, or 2.21 percent, to end at 8,342.15, its weakest level in about ten weeks.

Mar 26, 2015, 19:06 PM IST

Gold price hits 3-1/2 week high as Yemen air strikes rattle markets

Spot gold hit a peak of USD 1,219.40 an ounce and was up 1.2 percent at USD 1,210 at 1240 GMT.

Mar 26, 2015, 18:56 PM IST

Oil prices up in Asian trade

Oil prices rose in Asia today as dealers focused on increasing tensions in the Middle East and Ukraine, while shrugging off concerns about surging US stockpiles, analysts said.

Mar 06, 2015, 09:39 AM IST

Middle East needs to invest $18 bn on new pipelines

The Middle East will need to invest around USD 18 billion over the next five years in new pipelines and associated infrastructure to ensure a high volume to weight ratio, according to a global energy agency.

Jan 13, 2015, 14:29 PM IST

Adidas appoints Tushar Goculdas as Brand Dir-Emerging markets

German sportswear major adidas has appointed Tushar Goculdas as Brand Director-adidas, Emerging Markets, with effect from March 1, 2015.

Nov 24, 2014, 14:44 PM IST

'Plans to export Alto K10 to Africa,Latin America,Middle East'

India's largest car maker, Maruti Suzuki, plans to export its next generation small car Alto K10 to Africa, Latin America and the Middle East, a top official said here today.

Nov 04, 2014, 16:26 PM IST

Oil heads for worst week in six at below $98 on weak demand

Brent crude fell below USD 98 a barrel on Friday, heading for its worst week in six, as concerns over weak demand outweighed geopolitical worries in the Middle East and Ukraine.

Sep 12, 2014, 13:21 PM IST

Gold dips on firmer equities; Middle East, Ukraine eyed

Economic data and physical markets are not supportive of prices. Gold will range between $1,280 and $1,325 as long as geopolitical tensions remain.

Aug 11, 2014, 12:58 PM IST

Oil prices sink as supply worries ease

World oil prices slipped as recent worries over potential disruptions from conflicts in the Middle East and Ukraine continued to ebb.

Aug 02, 2014, 02:55 AM IST

Rupee opens flat at 60.29 vs US dollar

Traders expect the rupee to trade between 60.20-60.45 vs the US dollar.

Jul 21, 2014, 09:28 AM IST

Etihad Airways to start more flights between India and UAE

The airline will utilise new Airbus A320s, scheduled for delivery this year, to accommodate much of the increased frequencies.

Jul 01, 2014, 18:59 PM IST