Asians | Pakistan

Bahrain’s interior ministry has said that the country’s Anti-Cyber Crime Directorate arrested six Asians, including five Pakistanis, after they “filmed, published and reposted videos related to the effects of the treacherous Iranian aggression”. This was shared in a statement on the police media centre’s website on Monday. The statement also alleged that the suspects expressed “sympathy with and glorified those hostile acts in a manner that harms security and public order”. It added that the videos in question were circulated through the suspects’ social media accounts, “contributing to misleading public opinion and spreading fear among citizens and residents”. “Legal procedures have been taken, and the suspects have been referred to the public prosecution,” the statement added. According to the information available on the website, apart from five Pakistanis, a Bangladeshi has also been arrested for the alleged offence. It said the interior ministry “also urged everyone to obtain information from official so...

Soon after the first Iranian missile and drone attacks on Dubai last week, two Indian entrepreneurs based there tried to move more than $100,000 each from their local bank accounts to Singapore to hedge risk. Technological glitches in the aftermath of the Iranian attacks initially scuppered those plans, the entrepreneurs, who did not wish to be identified due to the sensitivity of the matter, told Reuters. One of them said he managed to subsequently transfer the sum to his Singapore bank account via another Emirates-based bank. Scores of other wealthy Asians are making enquiries or taking similar steps to move their Dubai-parked assets to the regional financial hubs of Singapore and Hong Kong, industry advisers and lawyers said, as the US-Israel war on Iran clouds the Gulf’s safe-haven aura and rattles investors. While the rich typically diversify their investments across regions and asset classes, they choose where to be based depending on tax, regulatory, privacy and operational considerations. Towards that...