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SAUDI ARABIAN INDUSTRY
Why Saudi Arabia imports sand despite being covered by desertDespite vast desert landscapes, Saudi Arabia imports construction-grade sand due to its smooth, wind-shaped grains being unsuitable for con...- 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 ...
- Indian envoy visits mortuary, injured nationals after Kuwait airport attack kills compatriotIndia's Ambassador to Kuwait visited the mortuary and hospitals after an Indian national was killed and others injured in an attack on Kuwa...
- India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
- India’s next big energy bet may come straight from China’s coal handbookThe Strait of Hormuz closure is impacting Asia's chemical industry, pushing India to emulate China's coal-to-chemicals model for energy and...
- Pakistan is shaping up an idea that can worry IndiaPakistan is pushing a proposed “Islamic NATO” with Saudi Arabia, Qatar, Turkey and Pakistan, aiming to build a regional defence bloc that r...
- Italian Defence Minister Crosetto’s bilateral visit strengthens the Indo-MediterraneanRising conflicts in the Indo-Mediterranean, especially after the October 7 attack on Israel and disruptions like the Strait of Hormuz closu...
- Strait of Hormuz closed again over US blockade, says Iran military commandIran's military command has announced the closure of the Strait of Hormuz, a vital energy shipping channel, citing a US blockade. This move...
- Welspun Corp associate company signs Rs 3,670 crore contracts with Aramco for steel pipe supplyWelspun Corp Ltd has signed multiple agreements worth SAR 1.65 billion with Saudi Arabian Oil Co. (Aramco) for the supply of steel pipes. T...
- Saudi companies to make parts for Lockheed's THAAD defence systemLockheed Martin has entered agreements with Saudi Arabian firms, including Middle East Propulsion Company (MEPC) and Arabian International ...
- Looking at further easing FDI norms in space sector: DPIIT secretary Rajesh Kumar SinghThe Indian government is considering further relaxing foreign direct investment (FDI) rules in the space sector to attract foreign players,...
- Saudi Arabia signs pact with Turkey's Baykar Tech to localise drone manufacturingInvestments and funding from the Gulf have helped relieve pressure on Turkey's economy and its currency reserves since 2021.
- Saudi Military Industries plans to produce droneSaudi Arabian Military Industries plans to produce a Saudi-made drone and to establish one of the world's biggest munitions factory, the ki...
- Saudia Airlines eyes return to profitability by 2024: CEO Ibrahim KoshyGlobal airlines industry has been hit hard by the coronavirus pandemic, which has left many planes grounded or flying near empty.
- CCI approves Saudi Aramco's acquisition of 70% stake in SABICSABIC CEO Yousef Al-Benyan, said that the $69.1 billion deal would support the company's visions to become a world leader in chemicals.
- RIL announces one of India's biggest FDI deals; Saudi Aramco to pick 20% stake in its OTC bizAramco to supply 5,00,000 barrels per day of crude oil to Jamnagar Refinery.
- 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 ...
- Saudi Arabian industry keen on JVs in manufacturing with IndiaSaudi Arabian industry wants Indian businesses to set up manufacturing plants across the Kingdom and push bilateral trade beyond oil.
- Wipro Arabia bags over 100mn USD outsourcing contractSaudi Arabian Airlines has signed a five-year agreement outsourcing contract valued at over 100 million USD for IT infrastructure transform...
- Saudi Arabia is new hub for Indian firmsOver 190 Indian firms have got licenses from the Saudi Arabian Investment Authority over the past two years.
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