Tag: Saudi Arabia
Saudi Aramco is set to ship less crude oil to India, China amid raging Iran war| Business News
Saudi Arabia’s oil sales to Asia’s two biggest importers are set to come in at lower-than-usual levels next month, as the war raging across the…
There’s a Red Sea alternative to Strait of Hormuz for oil, but here’s the problem: Why Yanbu route may not work
There’s much talk of alternative routes as the Strait of Hormuz remains closed with Iran, in retaliation for US-Israeli strikes, squeezing oil trade and the…
India’s West Asia trade artery under strain with up to $4 billion in monthly exports at risk
A war in the Gulf does not just jolt oil markets — it can also choke the sea lanes that ferry billions of dollars’ worth…
Forget oil and gas, a bigger Iran war risk is shaping up
The escalating Iran war focused global attention on the Strait of Hormuz, the narrow maritime corridor that carries a fifth of the world’s oil supply….
AMD, Cisco, Saudi Arabia’s Humain launch AI JV, land first major customer| Business News
Advanced Micro Devices Inc., Cisco Systems Inc. and Saudi Arabia’s AI startup Humain are forming a joint venture to build data centres in the Middle…
Elon Musk’s xAI, Nvidia announce 500 MW AI project for Saudi Arabia| Business News
Elon Musk said his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia with the kingdom’s state-backed AI venture…
India imposes five-year anti-dumping duty on liquid epoxy resins imports from China and three other countries
The government on Monday levied a five-year anti-dumping duty on liquid epoxy resins coming from China, Saudi Arabia, Taiwan and South Korea, aiming to curb…
Indian businesses keen to expand trade, investment in Saudi Arabia, says report
A large number of Indian business leaders see Saudi Arabia as a reliable investment destinations and are keen to increase trade with the country amid…