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Drone Hits on Russia Ports Put Indian Refining at Risk, IEA Says
Ukraine’s drone strikes on key Russian oil-export outlets in the Baltic and Black seas may put India’s crude-refining operations at risk in the near future, according to the International Energy Agency.
The Gulf in Transition: What Businesses Need to Know Today
The Gulf region has entered a significantly altered risk environment following the escalation of hostilities on February 28, 2026. With US-Israeli military actions against Iran and subsequent retaliatory strikes across the Gulf, businesses, financial institutions, and operators with regional exposure are now facing heightened legal, regulatory, operational, and financial crime risks. What was once a contingency has now become an immediate concern, requiring organisations to shift from general aw...
Europe could see jet fuel shortage by June, IEA says
InternationalEurope could see jet fuel shortage by June, IEA says By Reuters -Apr 14, 2026Europe could start seeing physical shortages of jet fuel by June due to the Iran war if the region is only able to replace half of the fuel supplies it normally gets from the Middle East, the International Energy Agency said in its monthly report. Global jet fuel and kerosene demand averaged 7.8 million barrels per day in 2025, with Gulf exports the largest source to the global market, averaging nearly...
Sales surge, service strain: India's auto boom is overwhelming serivce centres
Sales surge service strain Indias auto boom is overwhelming serivce centres
Monthly salary support, no cap on child allowance: UAE announces new Nafis benefits
The UAE has announced major new family benefits under the Nafis programme while shifting the next phase of the initiative towards high-value private sector jobs in sectors such as banking, artificial intelligence and real estate after extending the scheme to 2040.Among the biggest changes announced on Tuesday was the removal of the cap on child allowance payments for Emiratis working in the private sector, alongside new support for children of Emirati mothers and wives of Emirati men employed in...
Silver Rate in Pakistan Today- April 14, 2026
Karachi, April 14, 2026 – Silver prices in Pakistan have maintained firm upward momentum today, with the chandi ka rate at Rs. 9,002 per tola—demonstrating sustained strength driven by international precious metals trends and active local demand. This performance continues the recent positive pattern, as silver remains highly responsive to global market signals and safe-haven buying interest. Current local rates stand at Rs. 7,716 per 10 grams and Rs. 771.6 per gram, supported by international s...
Goldman Executive Sells $13 Million Hong Kong Home to PE Veteran
A senior manager at Goldman Sachs Group Inc. has sold his Hong Kong home to a private equity veteran for about $13 million, marking another high-profile residential transaction in the Asian financial hub.
How UAE startups can build stronger businesses in uncertain times: What to cut, protect, and prioritise
When cash flow tightens, instinct often swings between panic and paralysis. But according to founders and operators on the frontlines, the difference between startups that stall and those that stabilise is what they choose to protect.Here’s a sharp, founder-led breakdown of how to rethink costs without breaking the business, explained by Faizan Mandavia, Founder and Group CEO, FAM Group and Ayshwarya Chari Co-founder, 1115inc, from Dubai. Cut non-core burn, not the engineThe first mistake s...
Four of Indian origin plead guilty in US tax fraud of over $5.5 million
Four of Indian origin plead guilty in US tax fraud of over million
22-year-old man quits corporate job after earning Rs 40,000 as delivery agent
yearold man quits corporate job after earning Rs as delivery agent
97% of Saudi and UAE firms see global expansion scope despite volatility
Dubai: Businesses in Saudi Arabia and the UAE are pressing ahead with international expansion plans despite regional volatility, with 97% saying they still see room to grow globally.Sign up for our daily business newsletter, Cheques & Balances.That confidence is holding even as companies navigate disruption across trade routes and rising uncertainty in the broader geopolitical environment, according to a new HSBC survey.The study, which polled 3,000 firms and institutional investors across ten m...
BP sees ‘exceptional’ oil trading result as Iran war sends crude costs soaring
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Jet fuel shock from Iran war worsens crisis for global airlines
InternationalJet fuel shock from Iran war worsens crisis for global airlinesBy Reuters -Apr 14, 2026Air travel’s worst crisis in years lurched deeper on Tuesday as Qantas Airways warned of spiralling costs, Lufthansa said it may have to ground planes and Virgin Atlantic flagged a looming supply crunch, with the Iran conflict squeezing fuel supplies. The war has upended routes between Asia and Europe that relied on Gulf hubs, while a doubling of jet fuel prices and tightening of supplies are hit...
Pakistan energy crisis deepens, public anger grows over prolonged power cuts
Pakistan energy crisis deepens public anger grows over prolonged power cuts
UK lottery winners could soon win billions in biggest ever changes to draw
UK lottery winners could soon win billions in biggest ever changes to drawTwo major changes will launch this summer including the chance to enter PowerballCommentsNewsNeil Shaw Assistant Editor (Money and Lifestyle)08:04, 14 Apr 2026Updated 08:04, 14 Apr 2026View 3 ImagesAndria Vidler has announced the changesLottery winners could soon pocket billions of pounds in the biggest ever change to the national draw - with the main draw also set to almost double your chance of winning. Allwyn, operator...
Saudi Arabia Is "Pressing" US To Drop Iran Port Blockade Plan: Report
Saudi Arabia has managed to get its oil exports up by piping its crude across the desert to the Red Sea, while Iran's Hormuz blockade persisted. Riyadh is worried those supplies would be at risk if the Red Sea's exit route were also closed.
New TRACES portal launched: How will it change your TDS filing experience?
New TRACES portal launched How will it change your TDS filing experience
Sponsorship revenue for Uefa’s club competitions set to break €1bn barrier
Sponsorship income due to rise by more than 40%Champions League clubs to benefit from the growthUefa is poised to bring in more than €1bn (£870m) a year in commercial revenues from club competitions from next year, with two more global sponsorship deals close to being agreed.Uefa’s commercial arm, UC3, is finalising agreements with an official payments provider and technology partner, which would complete their roster of premium global partners and see sponsorship income rise by more than 40%. S...
China quietly profits from US AI boom despite Washington’s tech curbs: research
China is gaining from America’s trillion-dollar artificial intelligence spending spree despite Washington’s efforts to curb Chinese technology ties, as the US data centre boom ripples through Asian technology supply chains, according to research by Oxford Economics. Roughly US$2 trillion worth of data-centre projects are planned or under way in the US, according to a report by the consultancy, with as much as three-quarters of the cost tied to equipment such as semiconductors and servers. That.....
Binghatti plans to deliver 15 projects in 2026 worth AED 15 billion - Emirates 24|7
Binghatti plans to deliver 15 projects in 2026 worth AED 15 billion Emirates 24|7