Page 8 - Saudi Arabia

US, Ukraine to hold talks in Saudi Arabia: Ceasefire, peace deal on agenda

Ukrainian President Volodymyr Zelenskyy will visit Saudi Arabia on Monday to meet Crown Prince Mohammed Bin Salman before US-Ukraine talks on a possible ceasefire and peace deal next week

Aramco reports $106 bn profit in 2024, down 12% on lower oil prices

Aramco has a market value of $1.74 trillion, making it the world's sixth-most valuable company behind Apple, Microsoft, NVIDIA, Amazon and Alphabet, which owns Google

India to sign MoU with Israel and Saudi Arabia for critical minerals

Minister Reddy announced the deployment of 20 nodal officers in international locations that have the potential for critical minerals

US, Russia conclude first talks without Ukraine as Moscow makes new demand

Talks in the Saudi capital underscored the rapid pace of US efforts to halt the conflict, less than a month after Trump took office and six days after he spoke by phone to Putin

No seat for Ukraine as US and Russia hold crucial talks in Saudi Arabia

Top diplomats from the US and Russia are set to meet in Saudi Arabia, with Ukraine left out of the talks as tensions rise over the ongoing conflict and efforts for peace

Rubio arrives in Saudi Arabia ahead of talks with Russia to end Ukraine war

The talks come after President Donald Trump last week spoke to Russian President Vladimir Putin by phone and ordered top officials to begin negotiations on the war

Saudi Arabia limits Indian tourists to single-entry visas from Feb 2025

Saudi's previous one-year multiple-entry visas have been suspended indefinitely, affecting travellers from 14 countries, including India

Saudi Arabia rejects Netanyahu's proposal for Palestinian state on its land

Saudis can create a Palestinian state in Saudi Arabia; they have a lot of land over there, said Netanyahu

Indian companies keen on Saudi's $63 billion Diriyah giga project

Several Indian firms have shown a keen interest in investing in Diriyah, a USD 63-billion Saudi Arabian giga project, while some big names like Tatas and Oberois having already signed up, its CEO Jerry Inzerillo said. Diriyah, being billed as the City of Earth, is being built on the outskirts of Saudi Arabia's capital Riyadh and it will have homes for 100,000 people and office space for a further 100,000 plus. This new city will include over 40 luxury hotels, more than 1,000 shops, over 150 restaurants and cafes, a university, arts and cultural assets, museums, an opera house, a 20,000-seater multipurpose event arena, a golf course and an international equestrian and polo centre, among other facilities. The USD 63.2 billion real estate development and tourism project aims to restore the historic birthplace of the modern Saudi kingdom and the site includes the UNESCO World Heritage Site of At-Turaif. "At Diriyah we are keen to enhance the impact of India as one of Saudi Arabia's ...

Wabag bags Rs 3,251 crore sewage treatment plant order in Saudi Arabia

This ISTP is part of the Kingdom's Vision 2030, which aims to provide reliable sewage treatment services and improve the quality of life for residents in Saudi Arabia

UAE strongly condemns provocative Israeli statements against Saudi Arabia

Khalifa Bin Shaheen Al Marar, Minister of State, underlined the UAE's full solidarity with the Kingdom of Saudi Arabia

Won't establish ties with Israel without Palestinian state: Saudi Arabia

Saudi Arabia refutes Donald Trump's claim that it hasn't insisted on a Palestinian state, reaffirming no Israel ties without it; Trump also proposed a US takeover and redevelopment of Gaza

Pakistan signs agreement to defer $1.2 billion payment for Saudi oil

Pakistan government signed an agreement with the Saudi Fund for Development (SFD) to defer by one year a USD 1.2 billion payment on oil imports. Radio Pakistan reported that Pakistan and SDF on Monday signed two financing agreements worth over one billion dollar. These agreements include "Deferred Payment for Oil Import from Saudi Arabia" worth USD 1.2 billion for one year and "Construction of Gravity Flow Water Supply Scheme" at Mansehra amounting to USD 41 million. Secretary Economic Affairs Dr Kazim Niaz and Chief Executive Officer Saudi Fund for Development Sultan Abdulrahman Al-Marshad signed the agreements. Among others, Prime Minister Shehbaz Sharif and Saudi Ambassador Nawaf bin Said Al-Malki witnessed the signing ceremony. Prime Minister Shehbaz welcomed the signing of the oil import financing facility, the Prime Minister's Office (PMO) said in a statement, adding that Pakistan will receive the oil on deferred payment for one year, it said. This project will strengthen .

Pakistan signs agreement to defer $1.2 billion payment for Saudi oil

It said the fund will provide an amount of $41 million for a water supply scheme to help access to clean drinking water for 150,000 local people of a district I northwest Pakistan

Saudi Arabia, UAE expected venues for Trump-Putin meet: Russian sources

However, senior Russian officials have visited both Saudi Arabia and the UAE in recent weeks, according to the Russian sources, who spoke on condition of anonymity due to the sensitivity of situation

Syria's interim president visits Saudi Arabia, signaling shift on Iran

Syria's interim president made his first trip abroad Sunday, travelling to Saudi Arabia in a move likely trying to signal Damascus' shift away from Iran as its main regional ally. Ahmad al-Sharaa, who was once aligned with al-Qaida, landed in Riyadh alongside his government's foreign minister, Asaad al-Shaibani. The two men travelled on a Saudi jet, with a Saudi flag visible on the table behind them. Saudi state television trumpeted the fact that al-Sharaa, first known internationally by the nom de guerre Abu Mohammed al-Golani, made Riyadh his first destination. Syria's new three-star, tricolour flag flew next to Saudi Arabia's own at the airport as al-Sharaa in a suit and tie walked off the plane. He later met with a smiling Saudi Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, at al-Yamamah Palace in Riyadh. The state-run Saudi Press Agency described their discussions as examining ways to support the security and stability of sisterly Syria. Syria's state-run SA

9 Indians killed in road accident in Saudi Arabia; MEA condoles deaths

The Indian consulate in Jeddah has assured full support to the victims' families and is coordinating with local authorities

Saudi Arabia to allow foreign investment in Mecca and Medina real estate

Mecca and Medina host millions of Muslim pilgrims annually, particularly for the Hajj and Umrah

Amid US sanctions, oil buyers pull all levers to replace Russian shipments

As Indian companies begin talks with Saudi Arabia and Abu Dhabi this week, traders say discussions between refiners and the OPEC producers will be tense

Saudi leader offers $600 bn investment pledge in call with Donald Trump

The crown prince, known as MBS, spoke to the American president in a congratulatory phone call on Wednesday