Emaar founder boldly reveals why Dubai’s property market has ‘nothing to fear’ amid Iran and US-Israel war

Will Dubai Property Prices Fall? Emaar Founder Gives a Bold Answer Despite rising geopolitical tensions in the Middle East and concerns about economic stability amid US-Israel war against Iran, Dubai’s real estate sector remains resilient, according to leading industry voices. Mohamed Alabbar, the founder of Emaar Properties, recently stated that the Dubai property market has…

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Middle East conflict disrupts aviation: Around 100 international flights cancelled at Delhi, Mumbai airports

The ongoing conflict in the Middle East has begun to affect international aviation operations in India, with around 100 international flights cancelled at the Delhi and Mumbai airports on Saturday, PTI reported citing official.At Mumbai airport, 35 departures and 36 arrivals were cancelled, while at Delhi airport, 22 departures and 17 arrivals were cancelled.Delhi International…

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BSE expansion plan: Exchange approaches MMRDA for land parcel in Mumbai’s Bandra Kurla Complex

The Bombay Stock Exchange (BSE) has approached the Mumbai Metropolitan Region Development Authority (MMRDA) seeking allotment of land in Bandra Kurla Complex (BKC) as part of plans to expand its operational presence in Mumbai, PTI reported.In a statement on Saturday, MMRDA said BSE Managing Director and CEO Sundararaman Ramamurthy and Chief Regulatory Officer Kamala Kantharaj…

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Amit Shah inaugurates third sulphuric acid plant at IFFCO’s Paradeep unit in Odisha

Union home minister Amit Shah NEW DELHI: Union home and cooperation minister Amit Shah on Saturday dedicated the newly commissioned Sulphuric Acid Plant–3 (SAP–III) at the Indian Farmers Fertiliser Cooperative Limited (IFFCO) unit in Paradeep, Odisha, to the nation. Shah said the Ministry of Cooperation and the Odisha government would work together to improve rural…

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BlackRock caps redemptions from $26 billion private credit fund after investor withdrawals spike

BlackRock has restricted investor withdrawals from its $26 billion HPS Corporate Lending Fund (HLEND) after redemption requests surged beyond the usual threshold, underscoring mounting pressure in the $2 trillion global private credit market, Reuters reported.The move came after investors sought to withdraw $1.2 billion in the first quarter, equivalent to roughly 9.3% of the fund’s…

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Women empowerment push: SBI launches $500 million social loan facility ahead of International Women’s Day

The State Bank of India (SBI) on Saturday announced the launch of a $500 million syndicated social term loan facility focused exclusively on women’s economic empowerment, with a greenshoe option, ahead of International Women’s Day.In a statement, the country’s largest lender said the transaction marks a milestone for both SBI and the global ESG financing…

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