Around 23,000 Indian seafarers are reportedly stranded across the Gulf region as escalating tensions between Iran, the United States, and Israel disrupt maritime routes near the Strait of Hormuz.
Natural gas prices across Europe surged by nearly 30 per cent on Monday as escalating military tensions in the Middle East raised fears of potential disruptions to global energy supply routes.
Escalating tensions between the US, Israel and Iran have triggered a sharp spike in global oil prices, prompting the International Monetary Fund (IMF) to warn of rising inflation risks worldwide.
Gold prices surged by nearly two percent after US-Israeli strikes on Iran heightened geopolitical tensions and fuelled fresh global economic uncertainty.
Oman strengthens its small business ecosystem with the signing of a financing agreement worth RO 15 million with the Saudi Fund for Development, aimed at supporting MSMEs.
Abu Dhabi successfully administered its first CRISPR-based gene therapy for hemoglobinopathies, offering renewed hope to patients with sickle cell disease and beta thalassemia.
