Tag: Saudi Arabia

An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia.(Reuters)
Posted in Business

Saudi Arabia cuts oil prices for Asia amid weak demand: Report

Dec 09, 2024 01:12 PM IST Saudi Arabia is cutting oil prices for Asian buyers by a margin more than expected due to a weak…

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Union commerce minister Piyush Goyal with Saudi Arabia’s minister of energy Prince Abdulaziz bin Salman Al Saud earlier this week. (PTI Photo)
Posted in Business

India and Saudi Arabia sign agreements on energy transition, exchange of expertise

India, the world’s third largest crude oil importer, and oil-rich Saudi Arabia resolved to cooperate in energy transition during Union commerce minister Piyush Goyal’s recent…

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India doesn’t look at US-China tension as a source of benefit: Piyush Goyal
Posted in Economy

India doesn’t look at US-China tension as a source of benefit: Piyush Goyal

India doesn’t look at US-China tension as a source of benefit and the country can stand on its own feet, commerce and industry minister Piyush…

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Commerce and industry minister Piyush Goyal. (AP Photo)
Posted in Business

Piyush Goyal to visit Saudi Arabia on October 29 to enhance economic ties

Union commerce and industry minister Piyush Goyal will visit Saudi Arabia on Tuesday to further deepen bilateral strategic partnership and explore new avenues of trade,…

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Saudi authorities are alarmed by Pakistani nationals arriving for Umrah who engage in begging. Pakistan plans to introduce an 'Umrah Act' to regulate travel agencies and ensure compliance with Saudi expectations.(AFP)
Posted in Business

Saudi Arabia warns Pakistan ‘for sending beggars’ with Umrah visas: ‘Take action or…’

Sep 25, 2024 12:15 PM IST Saudi Arabia has warned Pakistan about rising numbers of Pakistani nationals misusing Umrah visas for begging. Saudi Arabia warned…

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Saudi Fintech Acquisition by Tabby Sparks New Hopes for VCs
Posted in Business

Saudi Fintech Acquisition by Tabby Sparks New Hopes for VCs

When Saudi Arabia-based Tabby — one of the Middle East’s first fintech unicorns — announced it was acquiring startup Tweeq, it turned heads among venture…

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Over the past eight years, Saudi Arabia has launched $1.3 trillion in projects to reduce oil dependence, including Neom and significant housing developments. The kingdom plans to attract 150 million tourists by 2030, with a focus on mid-market accommodations to meet demand.
Posted in Business

Saudi Arabia’s Vision 2030 projects reach $1.3 trillion in value

Saudi Arabia has launched $1.3 trillion in real estate and infrastructure projects over the past eight years as part of its plan to diversify the…

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Saudi Arabia may cut October crude prices to Asia by 50-70 cents per barrel due to weak refining margins in China and increased OPEC+ supply.
Posted in Business

Saudi Arabia may cut crude oil prices for Asia in October

Saudi Arabia is likely to reduce prices for most crude grades sold to Asia in October, following a decline in the Middle East benchmark Dubai….

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Saudi Arabia considers Chinese bid for nuclear plant -WSJ
Posted in Rest of World News

Saudi Arabia considers Chinese bid for nuclear plant -WSJ

Saudi Arabia is considering a Chinese bid to build it a nuclear power plant, the Wall Street Journal reported on Friday, a decision that could…

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Rights group says Saudi Arabian border guards fired on and killed hundreds of Ethiopian migrants
Posted in Middle East News

Rights group says Saudi Arabian border guards fired on and killed hundreds of Ethiopian migrants

DUBAI: Border guards in Saudi Arabia have fired machine guns and launched mortars at Ethiopians trying to cross into the kingdom from Yemen, likely killing…

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