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DAMMAM FACILITY
ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil MansukhaniMAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targ...- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- Iran war puts at risk key pipelines, terminals and refineries that supply the world with oil and gasThe ongoing Iran war is severely impacting vital oil and gas infrastructure around the Persian Gulf. Drone strikes and the closure of the S...
- Iran‑Israel War: Saudi Aramco shuts Ras Tanura refinery after drone strike fireIran‑Israel War: Saudi Aramco’s Ras Tanura refinery was shut on Monday after a small fire broke out following an apparent drone strike. The...
- Localized US manufacturing may shield Welspun from tariff impact: MDWelspun Corp's shares dipped after US tariffs despite the company's localized US production, which MD Vipul Mathur believes will benefit th...
- Welspun inks pact with Saudi Aramco for setting up manufacturing facilityWelspun Corp Ltd has signed an agreement with Saudi Aramco to set up a Longitudinal Submerged Arc Welded (LSAW) line pipe manufacturing fac...
- L&T arm opens new manufacturing facility in Saudi ArabiaLarsen & Toubro's subsidiary, L&T Valves Ltd, inaugurates a new manufacturing facility in Saudi Arabia, strategically located in Al Jubail....
- L&T construction bags order from Oilfields Supply Company SaudiThe company did not provide value of the contracts but said the orders fall under "significant" category which ranges between Rs 1,000 cror...
- Yemen's Houthis warn of stronger attacks after drone strikes on Saudi ArabiaThe Saudi-led coalition which is battling the Houthi group said late on Thursday it had intercepted several drones aimed at Saudi Arabia. T...
- Learning the hard way: Saudi Arabia better prepared for latest attacksMilitary experts say that is partly down to better preparation. But the kingdom still remains more vulnerable to drones and low-flying crui...
- Flight from London with 323 passengers arrives at Bengaluru’s Kempegowda International AirportAfter their arrival by an Air India evacuation flight at 4.45 am, a team of corona warriors checked the passengers' health condition before...
- In rare concession, India to hike Saudi flying rights by 40%Oil-rich country only one within 5,000 km to get quota increase under Modi government.
- Air India Express earns half yearly net profit of Rs 415 croreThe first half of the fiscal witnessed capacity increase of 21%, and the airline’s operating revenue increased 18% during the period.
- Jet Airways allows 'choice' seat bookings through agentsJet Airways today said its customers can now book their seat of choice through travel agents as well, a pre-paid facility which so far was ...
- India invites Saudi Arabia to invest in strategic oil storagesPradhan, leading a high level delegation on his maiden visit to Riyadh, met Saudi Oil Miniter Ali al-Niami on extending cooperation in oil ...
- Passport issue resolved with Saudi Arabia: Indian MissionIndia and Saudi Arabia today resolved the issue of refusal of new Indian passports by immigration authorities in Jeddah.
- CG JV opens first power transformer factory in Saudi ArabiaA joint venture company between Crompton Greaves and Saudi Transformer Company today inaugurated its flagship factory at Dammam industrial ...
- Welspun to cash in on tax sops, invest $100 million in USWelspun, will invest about $100 million in expanding capacity at its US facility and add an additional 200 jobs, signallinng intetion to ca...
- Larsen & Toubro plans Gulf armL&T, the Indian engineering and construction conglomerate, will set up a ‘mini L&T’ in the Middle East, in a bid to enhance its operations ...
- 'Govt mulls raising FDI cap in air cargo to 74 pc'The government plans to raise the FDI cap in air cargo business to 74 per cent as part of efforts to further open up the sector for foreign...
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