Middle East

Pakistan closes a corridor of its air space

9:58 am August 8, 2019

New Delhi: Pakistan has closed a corridor in its airspace, which will result in an additional up to 12 minutes of flying time for overseas flights, an Air India official said on Wednesday. The flights will have to be diverted to other routes due to the closure, the official said. “One air corridor has been […]

Rupee settles 8 paise higher at 69.07 against US dollar

7:33 pm June 27, 2019

Mumbai: The Indian rupee pared initial losses and closed 8 paise higher at 69.07 against the US currency on Thursday, supported by easing crude oil prices and weaker greenback. However, the rupee movement was confined to a narrow range as forex traders took a cautious approach ahead of the G20 Summit, which is taking place […]

Rupee pares gains, settles flat at 69.36 a US dollar

7:33 pm June 25, 2019

Mumbai: The Indian rupee pared initial gains and ended almost flat at 69.36 against the US dollar on Tuesday as simmering geopolitical tensions in the Middle East dampened forex market sentiment. At the interbank foreign exchange (forex) market, the domestic currency opened at 69.32 a dollar and touched a low of 69.40 and high of […]

Lebanon slams Trump administration’s Mideast peace plan

11:11 pm June 23, 2019

Beirut: Lebanon’s Parliament Speaker Nabih Berri said Sunday that the country will not be “tempted” by money into giving up Palestinian rights, criticising the Trump administration’s USD50 billion investment proposal that comes as part of its recently unveiled Middle East peace plan. Berri said in a statement carried by the state-run National News Agency that […]

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