Page 18 - Saudi Arabia

Asian Games football: India holds training session ahead of Saudi clash

Stimac earlier appreciated the Blue Tigers for qualifying to the round of 16 of the tournament even after completing their recovery sessions at a park in China

Saudi Arabia's economy joins trillion-dollar club on its 93rd National Day

The report expected that the Saudi economy and the private sector to continue their strong performance

Blinken congratulates Saudi, Emirati partners on new economic corridor

US State Secretary Antony Blinken on Tuesday congratulated Saudi, Emirati partners on the finalization of the India-Middle East-Europe Economic Corridor

Saudi praises 'positive results' after Yemen rebels visit for peace talks

Saudi Arabia on Wednesday praised the positive results of talks with Yemen's Houthi rebels after they visited the kingdom for peace talks, though Riyadh released few details on their negotiations to end the war tearing at the Arab world's poorest nation. The five days of talks, which represented the highest-level, public negotiations with the Houthis in the kingdom, come as Saudi Arabia tries a renewed bid to end the yearslong coalition war it launched on Yemen. That conflict had become enmeshed in a wider regional proxy war the kingdom faced against its longtime regional rival Iran, with which it reached a dtente earlier this year. The Saudi Foreign Ministry in a statement early Wednesday marking the end of the Houthis' trip welcomed the positive results of the serious discussions regarding reaching a road map to support the peace path in Yemen. The kingdom continues to stand with Yemen and its brotherly people and ... encourages the Yemeni parties to sit at the negotiating table t

Sovereign wealth funds bullish on RRVL as valuation doubles in three years

RIL retail arm in talks with global investors to raise $2.5-3 billion

Trade deficit with Saudi Arabia at record high in FY23: CMIE data

India's imports from Saudi Arabia was worth $31.3 billion more than its exports to the country

Avaada Energy, Al Jomaih Energy Water partner for green energy projects

Green energy developer Avaada Group on Monday announced that it has entered into an agreement with Al Jomaih Energy and Water (AEW) to develop renewable power projects in Saudi Arabia. The projects will be developed in Saudi Arabia and selected Middle Eastern regions, Avaada Group said in a statement. "Avaada Energy (group firm) announces a strategic partnership with AEW to pioneer renewable power generation in the Kingdom of Saudi Arabia and selected Middle Eastern regions," the company said. Vineet Mittal, Chairman of Avaada Group, said the alliance is set to explore the potential of solar, wind, hybrid, and battery Energy Storage solutions. Under the Memorandum of Understanding (MoU), AVAADA will act as a technology partner and provider of solutions for renewable energy (RE) installations, while AEW will provide essential resources, the statement said. The MoU was announced amid Saudi Crown Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud's official state visit to India. Prime

Saudi Crown Prince's visit may open funding doors for Indian companies

The fund is the seven largest sovereign wealth fund in the world and is the kingdom's key investment vehicle

PM Narendra Modi, Saudi Crown Prince MBS target $100 bn FDI in India

Earmark $50 billion for the West Coast Refinery

Startup20 to build momentum for entrepreneurship: Saudi Arabia Prince

India and the United Arab Emirates (UAE) have taken a step towards enhancing their bilateral ties by signing a memorandum of understanding (MoU) known as the "Startup20 Bridge"

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Saudi Arabia plans sovereign wealth fund office in Gujarat's GIFT City

India and Saudi Arabia signs 53 MoUs worth $3.5 bn

India, Saudi Arabia can look at doubling bilateral trade to $100 bn: Goyal

India and Saudi Arabia can look at doubling bilateral trade to USD 100 billion in the coming years from about USD 52 billion at present, Commerce and Industry Minister Piyush Goyal said on Monday. He said the two countries can also look at a more balanced trade. The minister suggested Saudi Arabia to open an office of their sovereign wealth fund in GIFT city in Gujarat and industry chamber Ficci set up an office in Riyadh in partnership with Invest India, and the commerce ministry to facilitate investments. "Maybe this could be a way to kick-start a better flow of trade and investments and also to see how we can double our trade, which is currently about USD 52 billion. "Can we be more ambitious and take it to USD 100 billion, can we look at a more balanced trade, can we look at India becoming the provider of food security to Saudi Arabia, while Saudi Arabia helps us provide more energy security like oil and fertiliser. So, it will really be a win-win and complimentary relation," .

G20 Summit: Startup Bridge between India and Saudi Arabia announced

Prince Fahad Bin Mansour Al-Saud of Saudi Arabia stated that Saudi Arabia wanted to keep the momentum of collaboration going while boosting entrepreneurship in both nations

Essar, Desert Tech sign pact for green steel solutions in Saudi Arabia

Essar has been tying up the back end for its proposed Saudi steel plant, which is expected to start production in 2027

India, Saudi Arabia inked 8 agreements during State visit of Crown Prince

India and Saudi Arabia have signed eight agreements during the State visit of Crown Prince and PM of Saudi Arabia Mohammed bin Salman bin Abdulaziz Al Saud, said Ministry of External Affairs on Monday

Essar, Desert Tech ink pact for RE solutions for Saudi steel project

Essar Group on Monday signed a pact with solar PV firm Desert Technologies for developing renewable energy solutions for the Indian conglomerate's KSA Green Steel Arabia project. "Both parties signed a Memorandum of Understanding (MoU) to develop renewable energy solutions for Essar Group's Green Steel Arabia (GSA) project in the Kingdom of Saudi Arabia (KSA) as well as potential future projects which will put Saudi Arabia on the map, as a pioneering country in Green Steel production and green energy generation," the company said in a statement. Through this partnership, DT and Essar will develop solutions for renewable energy generation and storage for Essar's flat steel complex in the KSA which is the first green steel project in the Gulf region and will also explore opportunities for other potential projects. Essar is investing USD 4.5 billion in building a 4 million tonne per annum integrated steel plant in Ras Al-Khair, Saudi Arabia. Essar's GSA project is poised to be the ...

Oil prices ease from 10-month highs but hold above $90 a barrel

Saudi Arabia and Russia last week announced that they will extend voluntary supply cuts of a combined 1.3 million barrels per day (bpd) until the end of the year

PM Modi meets Saudi Crown Prince, discusses trade and defence ties

Prime Minister Narendra Modi and Saudi Arabia's Crown Prince discussed all aspects of bilateral relations, including political, security, defence, trade, economy, culture, and people-to-people ties

PM Modi holds talks with Saudi Crown Prince to shore up bilateral ties

Prime Minister Narendra Modi on Monday held wide-ranging talks with Saudi Crown Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud, focussing on shoring up bilateral trade and defence ties. Bin Salman is currently on a State visit to India following end of the G20 Summit. Ahead of the talks, the Crown Prince was accorded a ceremonial welcome at the forecourt of the Rashtrapati Bhavan. "I am very glad to be here in India. I want to congratulate India for the G20 Summit," Bin Salman told reporters after the ceremonial welcome. The Saudi leader said the announcements made at the summit will benefit the world. "We will work together to create a great future for both the countries," he said. Saudi Arabia is one of India's key strategic partners in the Middle-East. The overall relations between the two countries have witnessed a significant upward trajectory in the last few years. The two sides have also been focusing on strengthening their defence and security partnership. The then C