New Delhi, Feb 14 (IANS) Saudi Arabia has transferred shares worth $80 billion to its sovereign wealth fund as the oil-rich nation hopes to rival Norway and Singapores state-managed funds and invest in green projects, The Guardian reported. Crown Prince Mohammed
New Delhi, Oct 26 (IANS) Days ahead of the COP26, India has yet again reiterated that efforts to avoid emissions during development process are tied to the availability and level of international financing and technology transfer since most of the developing
Riyadh, Sep 3 Saudi Arabia will host the inaugural Saudi Green Initiative (SGI) Forum and Middle East Green Initiative (MGI) Summit in October. The two events, announced by Saudi Crown Prince Mohammed bin Salman in March, will be held in
Riyadh, May 17 Saudi Arabia will lift the travel ban which was imposed last year in the wake of the Covid-19 pandemic from Monday, with authorities saying that they were ready to operate international flights at full capacity. In an
New Delhi, April 27 Nations across the world have come forward to help India in its fight against the raging second wave of the coronavirus pandemic, which is extremely virulent and has ravaged the country in the past few weeks.
New Delhi, April 7 The India and Saudi Arabia navies carries out a Passage Exercise (PASSEX) in the Persian Gulf on Wednesday. The Indian Navy said that INS Talwar with Royal Saudi Naval Force Ship HMS Khalid carried out a
Riyadh, Dec 18 Saudi Arabia on Thursday started a vaccination programme for the novel coronavirus, the Health Ministry announced. In a tweet, Health Minister Tawfiq al-Rabiah, who received the vaccine, said: “In the last nine months, I was observing with
New Delhi, Nov 7 Public Investment Fund (PIF) Saudi Arabia has invested in Reliance Retail Ventures Limited (RRVL) at a pre-money valuation of Rs 4.59 trillion ($62.4 billion), which is 7-9 per cent higher than earlier investments in RRVL. According
New Delhi, Oct 30 India has asked Saudi Arabia to take corrective steps on the misrepresentation of its territorial boundaries on a new bank note. The world map on the new 20 Riyal banknote, released to mark Saudi Arabia’s presidency
Riyadh, Sep 14 Saudi Arabia has announced that it will lift travel restrictions from January 2021. In a statement on Sunday, the Interior Ministry attributed the delay in lifting the restrictions due to the severe Covid-19 situation in some countriesm
Riyadh, April 3 Saudi Arabia has called for an urgent meeting of the OPEC+ group and other countries in an effort to reach a fair agreement to restore the desired balance of oil markets, state media reported. The state media
Riyadh, March 20 Saudi Arabia on Friday decided to suspend all domestic flights, buses, taxis and trains for a period 14 days to prevent the novel coronavirus from spreading further in the country. Flights associated with humanitarian assistance and medical
Riyadh, Oct 24 Saudi Arabia has named Prince Faisal bin Farhan Al Saud as the country’s new Foreign Minister, replacing Ibrahim al-Assaf, who was appointed last December, media reports said. Arab News reported of the appointment citing royal decrees published
Minister of Petroleum & Natural Gas and Steel, Shri Dharmendra Pradhan,accompanied by an official and business delegation, will be visiting Saudi Arabia, UAE and Qatar from 7-12 September 2019. He will engage with his counterparts in oil & gas as
Riyadh, April 18 Saudi Arabia announced it will host the G20 summit in November next year in the capital Riyadh, Al Arabiya TV reported on Wednesday. The first G20 meeting in the Arab world will be held in November 2020,
New Delhi, Feb 21 Coinciding with the visit of Crown Prince Mohammed bin Salman to India, Saudi Arabia on Wednesday ordered release of 850 Indian prisoners lodged in its jails. External Affairs Ministry spokesperson Raveesh Kumar said the decision was
Riyadh, Feb 6 Saudi Arabia on Tuesday announced the launch of its first satellite for communications from the French Guiana Space Centre, Saudi Press Agency reported. Khaled bin Abdulaziz Al-Falih, minister of Energy, Industry and Mineral Resources, said the launch aims
Bengaluru, Dec 5 Saudi Arabia was keen to invest in the Indian food sector as India was one of the largest exporters of grains and vegetables to the desert kingdom, its ambassador to India Saud bin Mohammed Al-Sati said on
Manama, Nov 27 A new oil pipeline was launched on Monday during a ceremony that was attended by leaders from Bahrain and Saudi Arabia. Bahrain’s King Hamad praised strong ties between the two countries as he launched the AB-4 pipeline
New Delhi, Oct 16 Saudi Arabia said on Monday that it expects its oil production to rise next month from the current 10.7 million barrels per day (mbpd) and it has the required capacity in place to do so. Saudi
