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Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow

Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow

by AIP Online Bureau | Mar 11, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Workplace/Employee Benefits

The moves came after a spokesperson for Tehran’s Khatam al-Anbiya military command headquarters said on Wednesday that Iran will target economic and banking interests linked to the U.S. and Israel in the region, after an attack on an Iranian bank. DUBAI/LONDON:...
Drone strikes near Dubai airport deepen Gulf aviation chaos

Drone strikes near Dubai airport deepen Gulf aviation chaos

by AIP Online Bureau | Mar 11, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The U.S.-Israel war against Iran ​has led to tens of thousands of flight cancellations, reroutings and schedule changes worldwide, shutting much of ​the Middle East’s airspace – including Qatar’s – due to missile and drone threats. DUBAI: Two drones ‌fell near...
28 Indian vessels with 778 seafarers onboard stuck in Persian Gulf: Official

28 Indian vessels with 778 seafarers onboard stuck in Persian Gulf: Official

by AIP Online Bureau | Mar 11, 2026 | Indian News, Regulation, Risk Management

Advisories have been issued by DG Shipping directing all Indian flag vessels and Indian seafarers to adopt enhanced security measures and strictly comply with reporting protocols, including submission of real-time details. New Delhi: As many as 28 Indian vessels with...
Investors’ wealth tumbles by Rs 5.14 lakh cr as markets plunge nearly 2 pc

Investors’ wealth tumbles by Rs 5.14 lakh cr as markets plunge nearly 2 pc

by AIP Online Bureau | Mar 11, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,672.64 crore on Tuesday, according to exchange data. Domestic Institutional Investors (DIIs), however, bought stocks worth Rs 6,333.26 crore. Mumbai:Stock market benchmark indices Sensex and Nifty...
Parthanil Ghosh appointed as MD and CEO of HDFC ERGO General Insurance

Parthanil Ghosh appointed as MD and CEO of HDFC ERGO General Insurance

by AIP Online Bureau | Mar 11, 2026 | Indian News, Non-Life

Parthanil Ghosh, MD &CEO designate, HDFC ERGO General Insurance Theo Kokkalas, chairman of the Board of Management of ERGO International AG and Chief Operating Officer of ERGO International said“India is a strategic growth market for us, playing a significant role...
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