Trends - Middle East - Business Recorder

World

Mideast tensions threaten global progress on inflation: World Bank

WASHINGTON: The ongoing tensions in the Middle East threaten to halt – or even reverse – some of the recent progress...

Published 25 Apr, 2024 05:24pm

World

IMF launches regional office in Saudi capital Riyadh

DUBAI: The International Monetary Fund will open a new regional office in Saudi Arabia’s capital Riyadh, it said in...

Published 24 Apr, 2024 08:56pm

Markets

Gold price per tola increases Rs1,500, hits record high in Pakistan

Gold rate in Pakistan hit a fresh high on Saturday as the yellow metal advanced with its safe-haven appeal amid...

Updated 20 Apr, 2024 09:28pm

Pakistan

US influence in ME region significantly reduced: Speakers

ISLAMABAD: Speakers at a roundtable discussion on Friday underscored that the latest escalations in the Middle East,...

Published 20 Apr, 2024 04:18am

Markets

Govt pins increase in prices of petroleum products to global hike in rates

The Ministry of Finance has attributed its latest decision of increasing prices of petroleum products to a hike in...

Published 16 Apr, 2024 08:26pm

World

Mideast-related oil price spike threatens ‘relatively good’ economic outlook: IMF chief economist

WASHINGTON: The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF’s...

Published 16 Apr, 2024 06:56pm

World

US will use sanctions to disrupt Iran’s ‘malign’ activity, Yellen says

WASHINGTON: U.S. Treasury Secretary Janet Yellen on Tuesday said Iran’s attack on Israel last weekend and its...

Published 16 Apr, 2024 06:08pm

World

China’s top diplomat Wang holds call with Iranian counterpart

BEIJING: China’s foreign minister held phone discussions with his Iranian counterpart, Beijing state media said...

Published 16 Apr, 2024 12:14pm

World

Biden to meet Iraqi PM as Middle East tensions soar

WASHINGTON: US President Joe Biden will meet Iraq’s Prime Minister Mohamed Shia al-Sudani at the White House Monday,...

Published 15 Apr, 2024 07:48pm

World

EU’s Borrell says Middle East on cliff edge, urges Iran-Israel de-escalation

MADRID: The European Union’s foreign policy chief said on Monday the Middle East stood “on the edge of the cliff”...

Published 15 Apr, 2024 07:07pm

World

US does not want to see Middle East crisis ‘escalate’

We're not looking for a wider war with Iran, says White House National Security Council spokesman John Kirby

Published 14 Apr, 2024 07:48pm

World

How did some countries react to Iran’s retaliatory strike against Israel

PARIS: Countries around the world condemned Iran’s strikes on Israel late Saturday, warning the attack threatened to...

Updated 14 Apr, 2024 07:56pm

World

Explosion reported near ship off Yemen coast, UKMTO says

CAIRO: The captain of a merchant ship east of Yemen’s Aden has reported an explosion near the ship, the United...

Published 17 Mar, 2024 10:37am

Markets

Saudi Arabia may keep April crude prices to Asia little changed

SINGAPORE: Top oil exporter Saudi Arabia may keep term prices of crude it sells to Asian customers little changed in...

Published 01 Mar, 2024 10:39am

World

UK’s Prince William to recognise Middle East suffering, office says

LONDON: Britain’s Prince William will carry out a number of engagements to “recognise the human suffering” caused by...

Published 20 Feb, 2024 10:50am

World

Iran’s Raisi says US presence ‘disrupts’ Middle East security

TEHRAN: Iranian President Ebrahim Raisi on Wednesday criticised the deployment of US troops in the Middle East,...

Published 07 Feb, 2024 08:08pm

World

South Korea, Qatar defence ministers agree to boost military ties

SEOUL: The defence ministers of South Korea and Qatar have agreed to expand joint military training and strengthen...

Published 07 Feb, 2024 10:42am

World

OECD ups world growth forecast but sees Middle East ‘risk’

PARIS: The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed...

Published 05 Feb, 2024 05:45pm

World

Antony Blinken heads to Mideast to press for truce

GAZA STRIP: US Secretary of State Antony Blinken headed to the Middle East for another crisis tour on Monday in a...

Published 05 Feb, 2024 12:52pm

World

US plans more strikes in Middle East against Iran-backed groups

WASHINGTON: The United States plans to undertake further strikes after the killing of three US troops by...

Updated 04 Feb, 2024 10:06pm

World

South Korea defence minister heads to Middle East for talks, arms expo

SEOUL: South Korea’s defence minister Shin Won-sik departs on Thursday for a seven-day trip to the Middle East to...

Published 01 Feb, 2024 11:33am

Markets

Red Sea worries cause spike in refined fuel prices, but market will adjust: Russell

LAUNCESTON: The main impact from the escalating tensions in the Middle East and the threat to ships transiting the...

Published 30 Jan, 2024 10:21am

World

US military strikes two Houthi anti-ship missiles in Yemen

WASHINGTON: The US military carried out more strikes in Yemen early on Wednesday, destroying two Houthi anti-ship...

Published 24 Jan, 2024 10:53am

Business & Finance

McDonald’s CEO says several markets in Middle East impacted by conflict

McDonald’s CEO Chris Kempczinski said on Thursday several markets in the Middle East and some outside the region...

Published 05 Jan, 2024 02:49pm

Editorials

Journalists in conflict zones

EDITORIAL: In a highly disturbing but hardly surprising development, the United Nations Educational, Scientific and...

Published 24 Dec, 2023 04:00am

World

Investors pull record sums from Saudi in Middle East fund flight

LONDON: Foreign investors pulled a record amount of money from US equity funds tracking Saudi Arabia in October as...

Published 12 Nov, 2023 12:05pm

World

Middle East leaders slam Israel at Saudi-hosted summit on Gaza

Iranian President Ebrahim Raisi, on his first trip to Saudi Arabia says Islamic countries should designate the Israeli army a terrorist organisation for its conduct in Gaza

Published 11 Nov, 2023 07:08pm

World

International travel demand falls after onset of Israel-Hamas conflict, data shows

NEW YORK: International flight bookings around the world have fallen since the onset of the Israel-Hamas conflict...

Updated 10 Nov, 2023 02:22pm

World

Some Western arms for Ukraine ending up in Taliban’s hands: Putin

MOSCOW: Russian President Vladimir Putin said on Friday that some Western weapons supplied to Ukraine were finding...

Published 04 Nov, 2023 06:00am

World

China will do utmost to contribute to Palestinian-Israeli reconciliation

BEIJING: China will do its utmost when it comes to contributing to Palestinian-Israeli reconciliation, its foreign...

Published 24 Oct, 2023 10:32am