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Hyderabad-based man stranded in Riyadh, mother seeks Indian Embassy's help

Hyderabad-based man stranded in Riyadh, mother seeks Indian Embassy's help

Wed, Jun 12, 2019

A hyderabadi woman has urged the Indian Embassy in Riyadh to rescue her son who is stranded in the Gulf nation. While speaking to ANI, mother of the stranded man said, “Some agents in Riyadh, Saudi have locked my son in a room and they are demanding Rs 1 lakh to send my son back.

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Jet Airways flight from Riyadh skids off runway; passengers safe

Jet Airways flight from Riyadh skids off runway; passengers safe

Sat, Aug 04, 2018

Nearly 150 people on board a Mumbai-bound Jet Airways flight from Riyadh escaped unhurt after the aircraft went off the runway following an aborted take-off from there today, the airline said.

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Russia may back Aramco IPO, enhance OPEC ties

Russia may back Aramco IPO, enhance OPEC ties

Tue, Jan 23, 2018

Sources told Reuters last year Chinese state oil companies were willing to become cornerstone investors in the Aramco IPO which could become the world`s biggest, valuing the firm at up to $2 trillion and raising more than $100 billion.

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Saudi princes detained for palace protest: Report

Saudi princes detained for palace protest: Report

Sat, Jan 06, 2018

They protested over the Saudi king's decision to stop the government from paying the power and water bills of princes

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Saudis, oil majors discuss gas investments ahead of giant IPO

Saudis, oil majors discuss gas investments ahead of giant IPO

Tue, Apr 11, 2017

Officials of Saudi Arabia have explored investment opportunities with firms including BP and Chevron to help develop its gas reserves. 

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Saudi Arabia to sell 49% of Aramco within decade: Report

Saudi Arabia to sell 49% of Aramco within decade: Report

Sun, Dec 25, 2016

Saudi Arabia plans to sell up to 49% of its oil giant Saudi Aramco within 10 years as the world`s largest crude exporter tries to lower its deficit, local media said on Saturday.

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Saudi Arabia, SoftBank aim to be world's No 1 tech investor with $100 billion fund

Saudi Arabia, SoftBank aim to be world's No 1 tech investor with $100 billion fund

Sat, Oct 15, 2016

Saudi Arabia and Japan's SoftBank Group will create a technology investment fund that could grow as large as $100 billion, making it one of the world's largest private equity investors and a potential kingpin in the industry.

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Rough times for Saudi retail as govt cuts bite

Rough times for Saudi retail as govt cuts bite

Wed, Oct 05, 2016

Diamonds glitter in the display cases of Saddam al-Yafae's shop, but the business has lost its sparkle.

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