Amid the Iran war, Dubai’s International Financial Centre witnessed a security scare after debris from an intercepted Iranian drone sparked a fire on the facade of a building in the district. Authorities confirmed that the drone was successfully intercepted and the incident caused only minor damage, with no injuries reported. However, thick smoke rising from the area triggered security alerts across Dubai’s financial hub. The incident comes amid escalating tensions in the Middle East after Iran threatened to target economic and financial centres linked to the United States and Israel. The IRGC had warned that banks and technology infrastructure connected to US and Israeli entities could become new targets in the conflict.
14 March,2026 12:13 AM IST
In a major escalation of Mexico’s security offensive, elite Mexican military and federal forces have successfully neutralized Hugo Cesar Macias Urena, the key cartel lieutenant who assumed operational command of the Jalisco New Generation Cartel (CJNG) after the death of its leader, Nemesio “El Mencho” Oseguera. This targeted operation struck at the heart of the cartel’s command structure, removing its trusted right‑hand strategist and financial logistics chief. WATCH
25 February,2026 02:47 PM IST
The European Union is facing one of its most consequential decisions of the Ukraine war: whether to use frozen Russian central bank assets to help finance Ukraine’s future. Around 210 billion euros in Russian assets, frozen after Moscow’s full-scale invasion in 2022, are now at the center of a fierce debate inside Europe.
18 December,2025 01:24 AM IST
Adani Ports and SEZ has successfully raised ₹5,000 crores through a 15-year Non-Convertible Debenture (NCD) issue. Backed by APSEZ's robust fiscal health and an 'AAA/Stable' rating by domestic credit agencies, the issue attracted a keen interest rate of 7.75% per annum. The entirety of this offering was acquired by LIC, and it is destined for listing on the Bombay Stock Exchange (BSE).
31 May,2025 01:47 PM ISTADVERTISEMENT
