Middle Eastern Market

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  Middle East Share Of India's Oil Imports Hits Two-Year High In July

  Middle Eastern oil accounted for 71.5% of India's oil imports in July, its highest share in 26 months, while imports from Africa fell to 5%, the lowest in at least 14 years, data from trade sources showed on Friday. Analysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African ...

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  Jet Shares Hit Record Low After Report Hinduja, Etihad May Not Invest

  Middle Eastern carrier Etihad, which owns an about 24 per cent stake in Jet Airways, had submitted a bid for the grounded airline last month, while family-run Hinduja Group was said to be considering putting in an offer.

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  After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery

  Adnoc is among Middle Eastern crude producers, including Saudi Arabia and Kuwait, that are boosting refining, marketing and petrochemical capacity to bolster and diversify income.

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  Gwadar Port Will Boost Pakistan's, Region's Economy: China

  Pakistan's strategic Gwadar Port, being developed by China under a USD 50 billion initiative, will have a unique place in Beijing's ambitious plan to link itself to the Middle Eastern market and expand its economic influence in the region, according to a top Chinese diplomat.

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  Oil Prices Hit 18-Month Highs As Markets Eye Output Cuts

  Non-OPEC Middle Eastern oil producer Oman told customers last week that it would cut its crude oil term allocation volumes by 5 per cent in March.

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  Global 4G Smartphone Shipments to Grow Over 20 Percent in 2016: IDC

  Much of the 4G smartphone sales growth will be driven by emerging markets like Asia-Pacific (excluding Japan), Latin America, Central and Eastern Europe, and Middle East and Africa.

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  European Stocks Look to Fight Out of Global Gloom

  Many stock markets around the world and oil prices slumped to multi-year lows on Monday amid persistent worries over global growth, although European stocks offered a chink of light in the gloom, staging an early bounce following last week's selloff.

• Government pushes refiners to cut imports from Iran

  India, publicly disdainful of sanctions to pressure Iran, has been left off a list of nations given a U.S. waiver from the measures, but is privately pushing its refiners for substantial cuts in imports from the Middle Eastern country. The United States gave exemptions on Tuesday from its crippling financial sanctions to Japan and 10 EU nations, bu...

• Oil jumps to 9-month high after Iran cuts supply

  Oil prices jumped to a nine-month high above $105 a barrel on Monday after Iran said it halted crude exports

• Tata Communications & Middle Eastern operators to work with Tyco Telecommunications

  Ajay Singh, director of SpiceJet, says a 10 per cent service tax imposed on domestic air travel in the Budget would mean an increase in air ticket prices by about Rs 350-400 given that the average economy fair is between Rs 3500-4000.

• Subex Ltd - Middle Eastern operator expands revenue Operations Center (ROC TM) implementation with Fraud Management solution

  The board at its meeting held on October 29, 2011 has approved for the same

• Subex Ltd - Subex successfully delivers Revenue Operations Center (ROC) Managed Services implementation for Middle Eastern Operator

  The board at its meeting held on October 29, 2011 has approved for the same