Tag: Saudi Arabia

L&T Construction bags Rs 7000 crore green EPC order for world’s largest solar PV plants by capacity

NEW DELHI: The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract, from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)), for Sudair Solar PV Project of 1.5GW capacity. This project is […]

Welspun Corp bags orders worth Rs 777 crore in domestic, overseas markets

NEW DELHI: Welspun Corp Ltd on Thursday said it has bagged multiple orders worth about Rs 777 crore in the overseas and domestic markets. “We have received multiple orders of approximately 93 KMT (kilometric tonnes)valuing close to Rs 777 crore. This includes a single order of approximately 50 KMT received from a large client in […]

Gulf Arab leaders sign declaration with Qatar to ease rift

By AYA BATRAWY and AMR NABIL AL-ULA, SAUDI ARABIA: Gulf Arab leaders signed a declaration Tuesday in Saudi Arabia to mark a new page in relations following the kingdom’s decision to end a 3 1/2-year embargo of Qatar, easing a rift that deeply divided regional U.S. security allies and frayed social ties across the interconnected […]

Upcoming G20 summit to be a milestone, will address Covid-19 impact: Saudi Arabia

NEW DELHI: The upcoming summit of the G20 will be a “milestone”, Saudi Arabia, the chair of the powerful economic bloc, said on Sunday amid mounting expectations of fiscal support, debt reductions and several other monetary measures by the grouping to help the global economy recover from the coronavirus-driven collapse. Saudi Arabia’s Ambassador to India […]

Coronavirus: Saudi Arabia to lift travel restrictions from January 2021

NEW DELHI: 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 reports Xinhua news agency. The Health Ministry said it has the right, according to the situation, […]

Uber closes Eats operations in eight smaller markets

LONDON: Uber said on Monday it was closing down its Uber Eats operations in eight markets because they did not offer a clear route to becoming the number one or number two online food delivery operator, its stated aim for its Eats business. “We have made the decision to discontinue Uber Eats in Czech Republic, […]

Saudi Arabia extends coronavirus curfew indefinitely

RIYADH:Saudi Arabia’s King Salman extended a nationwide curfew until further notice due to the spread of the new coronavirus, the interior ministry said on Sunday, after the kingdom reported more than 300 new infections on each of the last four days. Last week Saudi Arabia placed its capital Riyadh and other big cities under a […]

Pakistan turns down India’s request to open airspace for Narendra Modi’s flight to Saudi Arabia

NEW DELHI: Pakistan on Sunday said it has denied India’s request to allow Prime Minister Narendra Modi’s VVIP flight to use its airspace for his upcoming visit to Saudi Arabia, citing the alleged human rights violations in Jammu and Kashmir. In a statement, Foreign Minister Shah Mahmood Qureshi said Pakistan has decided not to allow […]

Donald Trump thanks Saudi Arabia for lower oil prices

By Terrence Dopp WASHINGTON: United States of America (USA) President Donald Trump thanked Saudi Arabia for keeping oil prices down and urged the kingdom to push prices even lower. “Oil prices getting lower. Great!,” Trump said on Twitter Wednesday. “Thank you to Saudi Arabia, but let’s go lower!” Oil recovered from a one-year low as […]

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