Page 7 - Saudi Arabia

Oil crash could push Saudi Arabia's budget deficit to $67 bn: Goldman Sachs

Crude has plunged to its lowest level in about four years after US President Donald Trump unveiled new tariffs on almost all countries

Coromandel Int'l signs deal with Saudi Arabia's Ma'aden to get fertilisers

Deal will secure DAP and complex fertilisers for Indian farmers, says Indian company

Tesla set to enter Saudi Arabia as Musk mends relations with the kingdom

The company will showcase its model lineup, plus prototypes of its Cybercab and the humanoid robot Optimus, at a launch event in Riyadh

Saudi halts short-term visas for 14 nations including India, ahead of Hajj

The suspension, which comes into effect on April 13, will apply to business visit visas (both single- and multiple-entry), e-tourist visas, and family visit visas

Donald Trump to visit Qatar, UAE, Saudi Arabia next month: White House

Asked if the trip will take place in May as reported, Trump responds, It could be next month, maybe a little bit later

Lebanon, Syria sign border agreement to ease tensions, boost coordination

Lebanon and Syria have signed an agreement on border demarcation and to boost coordination between the two countries regarding security along their tense frontier, the Saudi Press Agency reported Friday. The deal signed by the Lebanese and Syrian defense ministers in Saudi Arabia late Thursday came after clashes in border areas earlier this month left several people dead and dozens wounded on both sides. The plan for border demarcation also comes after the ouster in early December of the 54-year Assad family rule in Syria, leading to tensions along the frontier where Lebanon's Hezbollah group was active on both side of the border during Syria's 14-year conflict. Hezbollah had been fighting in Syria alongside Assad during the conflict that has left half a million people dead. The deal also comes after the 14-month Israel-Hezbollah war that weakened the Iran-backed group in Lebanon. Lebanese Defence Minister Michel Menassa was scheduled to visit the Syrian capital, Damascus, on ...

Tesla to start sales in Saudi next month as Musk and the Kingdom mend ties

The dispute started when Musk tweeted in 2018 he had "funding secured" to take Tesla private after meeting Saudi Arabia's sovereign wealth fund. But the deal didn't materialise

US, Russian negotiators launch ceasefire talks in Saudi Arabia

US and Russian negotiators on Monday sat down for talks in Saudi Arabia on a partial ceasefire in Ukraine, hours after a round of negotiations between US and Ukrainian negotiators, Russian news reports said. The state Tass and RIA-Novosti news agencies said the negotiations began in Riyadh. The meeting is expected to be followed by another contact between US and Ukrainian teams. The separate meetings are set to discuss details of a pause in long-range attacks against energy facilities and civilian infrastructure and a halt on attacks in the Black Sea to ensure safe commercial shipping. Ukraine and Russia agreed in principle Wednesday to a limited ceasefire after US President Donald Trump spoke with the countries' leaders, but the parties have offered different views of what targets would be off-limits to attack. While the White House said energy and infrastructure would be covered, the Kremlin declared that the agreement referred more narrowly to energy infrastructure. Ukrainian .

US, Ukraine hold talks in Saudi Arabia amid efforts to reach resolution

The negotiations come ahead of scheduled meetings between Russian and Ukrainian representatives today

Ukrainian experts will be in Saudi for peace talks, says Zelenskyy

Russian and US experts are due to discuss ways to ensure the safety of shipping in the Black Sea at talks on a possible peace settlement in Saudi Arabia on Monday

Man behind PM Modi's Project Cheetah, Vincent Van Der Merwe, found dead

Vincent Van Der Merwe (42) was a 'cheetah expert' from South Africa. He was found dead in Riyadh, Saudi Arabia. Vincent was the expert who advised the Indian government on 'Project Cheetah'

Pakistan PM Shehbaz Sharif to visit Saudi Arabia to boost bilateral ties

Prime Minister Shehbaz Sharif will visit Saudi Arabia from March 19-22 to strengthen bilateral ties and enhance economic cooperation, the Foreign Office said on Tuesday. A FO statement said Sharif's delegation will include Deputy Prime Minister and Foreign Minister Ishaq Dar, key federal ministers and senior officials. During the visit, the prime minister will meet Saudi Crown Prince Mohammed bin Salman, the statement said. The two leaders will discuss ways to boost trade, enhance partnerships in key sectors, and facilitate greater economic collaboration. The visit aims to strengthen bilateral ties, enhance economic cooperation, and promote investment between the two countries, the statement said. It said matters of mutual interest and concern, including global and regional developments, particularly the Gaza situation, evolving Middle East dynamics, and issues related to the Muslim Ummah, will figure high on the agenda. The prime minister's visit underscores the deep-rooted ...

Saudi Arabia plans global T20 cricket league with $500 million investment

Saudi Arabia is expanding its global sports presence with investments in LIV Golf, Formula 1, and the 2034 FIFA World Cup, and now adding a T20 cricket league to its portfolio

L&T signs pact with ACWA Power to build desalination plant in Saudi Arabia

Larsen & Toubro (L&T) on Thursday said it has entered into a pact with ACWA Power, a developer in the Middle East, to build a desalination plant in Saudi Arabia. The water and effluent treatment business of L&T won the order in a joint venture with Lantania of Spain. The project's scope includes design, procurement, construction, testing and commissioning of a seawater reverse osmosis desalination plant, L&T said in a statement. The plant will serve as a drinking water source for Makkah Al-Mukarramah and Al-Baha regions, benefiting about one million population. This is the second desalination order that L&T has received in Saudi Arabia in the recent past and it strengthens the company's presence in the Middle East. This large order underscores the company's resolve to expand its regional footprint across all neighbouring and business-conducive geographies. Contracts worth Rs 2,500-5,000 crore are categorised as large orders by the company. L&T is a USD 27 ...

Indians at forefront of Riyadh Air's 1.4 mn job applications: CEO Douglas

He mentioned that almost 93 per cent of the air traffic between India and Saudi Arabia is point-to-point, and there is a huge scope of increasing flight frequencies between the two nations

Riyadh Air plans to expand, eyes partnership with Air India and IndiGo

Riyadh Air is set to begin operations with a fleet of 60 Airbus A321neos and 72 Boeing 787-9 Dreamliners, and aims to connect Saudi Arabia to over 100 international destinations by 2030

Ukraine to propose Black Sea ceasefire, missile halt in Saudi talks with US

Ukraine-US talks: Zelenskyy is looking to rebuild trust after a heated Oval Office confrontation last month

Zelenskyy arrives in Saudi Arabia as US voices hope for Ukraine peace talks

During the meeting in Jeddah, the crown prince underscored the kingdom's support for international efforts to resolve Ukraine's crisis and achieving peace

Saudi Arabia emerges as mediator for US-Ukraine talks: What to expect

Secretary of State Marco Rubio will lead the US delegation, while President Zelenskyy will be joined by Ukrainian defence and foreign ministers

Here's what to know ahead of talks between US, Ukraine in Saudi Arabia

Saudi Arabia is set to host talks Tuesday between the United States and Ukraine after an argument erupted during President Volodymyr Zelenskyy's February 28 visit to the White House. Riyadh, the capital of the oil-rich kingdom, may seem like an unusual venue for talks aimed at smoothing over relations after the blowup. But Saudi Arabia under its assertive Crown Prince Mohammed bin Salman has been positioning itself as an ideal location for possible peace negotiations between Kyiv and Moscow and even the first face-to-face talks between Russian President Vladimir Putin and US President Donald Trump. Here's what to know about why this meeting is taking place and Saudi Arabia's role: Why are these talks happening? US and Ukrainian officials will meet after the Oval Office meeting between Zelenskyy, Trump and US Vice President JD Vance descended into an extraordinary 10-minute argument before journalists. Trump at one point admonished Zelenskyy by angrily saying: "You're gambling with