Ritika Sharma / Emirates Business As the youth unemployment rate reaches nearly27 percent in the Middle East region, leading Multi-National Companies (MNCs) take on the responsibility to find a full-bodied panacea to this recurring problem. Working in this direction, MNCs, which are active in this region, are very strategically channeling their Corporate Social Responsibility (CSR) activities towards enhancing the …

  NEW DELHI / Reuters Indian refiners have cleared part of the $6.4 billion owed to Iran for crude oil imports in euros through Turkey’s Halkbank, three sources privy to the payment said. This is the first payment to Iran by India since the lifting of Western sanctions against the Persian Gulf nation earlier this year and comes just ahead …

  New Delhi / Bloomberg Apple Inc.’s Tim Cook outlined his vision for his company in India in a meeting with Prime Minister Narendra Modi on Saturday where they also discussed cybersecurity and data encryption. “Cook shared Apple Inc.’s future plans for India,” according to a statement from the Indian government. “He spoke of the possibilities of manufacturing and retailing …