[ad_1] OPEC+ will proceed with plans to revive halted oil production after repeated delays, amid pressure from President Donald Trump to lower oil prices. In a surprise move that sent crude tumbling, the group led by Saudi Arabia and Russia will go ahead with the increase of 138,000 barrels a day in April, according to […]
Kiren Rijiju embarks on 5-day visit to Saudi Arabia, to sign agreement for Hajj pilgrimage – CNBC TV18
[ad_1] Minority Affairs Minister Kiren Rijiju on Saturday embarked on a five-day visit to Saudi Arabia to sign a bilateral agreement for the Hajj pilgrimage of 2025, where India is seeking an additional quota for 10,000 pilgrims. Rijiju is scheduled to meet Saudi Arabian Minister Tawfiq bin Fawzan Al Rabiah on Monday when the two […]
Welspun Corp unit wins ₹130 crore order from Saudi Arabia for steel pipes and coating – CNBC TV18
[ad_1] Welspun Corp Ltd. on Thursday, said that East Pipes Integrated Company for Industry (EPIC) has won multiple orders from the Saudi Real Estate Infrastructure Company (Binyah) and Al Rashid Trading and Contract Company. Company Value Change %Change The order, pertaining to the manufacturing, supply of steel pipes and coating, is valued at SAR 57 […]
Backing Saudi Arabia as host for 2034 FIFA World Cup ‘wasn’t a difficult decision’, says FA chair – CNBC TV18
[ad_1] England’s FA decided to back Saudi Arabia’s bid to host the 2034 World Cup after being reassured by answers they received from the Saudi Arabian Football Federation (SAFF) during a meeting last month, chair Debbie Hewitt said on Friday. Global football governing body FIFA officially awarded the World Cup to the Kingdom on Wednesday, […]
Saudi Arabia’s 2034 FIFA World Cup bid gets higher score than U.S., Canada and Mexico – CNBC TV18
[ad_1] Saudi Arabia’s 2034 World Cup bid received a higher technical score from FIFA than the 2026 joint bid by the United States, Canada and Mexico even though the Middle East nation has yet to construct several stadiums proposed for the tournament. FIFA released its bid evaluation report and said the 2034 bid received an […]
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier – CNBC TV18
[ad_1] Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues. Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $111.1 billion over the quarter, the company said in a filing on Riyadh’s Tadawul stock […]
OPEC+ delays supply restart again as crude prices struggle – CNBC TV18
[ad_1] OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as prices continue to struggle amid a fragile economic outlook. The group led by Saudi Arabia and Russia had intended to begin a series of monthly production increases by adding 180,000 barrels a […]
Welspun Corp shares gain after Saudi arm bags contracts worth ₹525 crore for steel pipes – CNBC TV18
[ad_1] Welspun Corp on Wednesday, August 7, said its associate company has won multiple contracts worth around ₹525 crore to manufacture and supply steel pipes and coating. The duration of the contract is 24 months. The Welspun Corp arm East Pipes Integrated Company fo Industry (EPIC) is one of Saudi Arabia’s leading manufacturer of helical […]
Power Grid planning ₹40,000 crore subsea interconnection with Middle East in five years – CNBC TV18
[ad_1] State-run Power Grid is planning an undersea interconnection worth up to ₹40,000 crore with countries in the Middle East, a top official said on Monday. After the soft June quarter, which witnessed revenues being almost flat, the company sees the topline inching by only 4-5% in FY25, its chairman and managing director R K Tyagi […]