Riyadh

Bengaluru's millionaire population soars by 120% over last decade: Report

Home to approximately 13,200 millionaires, Bengaluru has a collective investable wealth of Rs 800 crore, according to Henley & Partners' Centi-Millionaire Report 2024

Jaishankar arrives in Riyadh to attend India-GCC Foreign Ministers' Meeting

External Affairs Minister S Jaishankar on Sunday arrived in Saudi Arabia's capital, Riyadh, to attend the First India-Gulf Cooperation Council (GCC) Foreign Ministers' Meeting.Saudi Arabia's Deputy Minister for Protocol Affairs, Abdulmajeed Al Smari, welcomed Jaishankar in Riyadh. Jaishankar is on a two-day visit to Saudi Arabia from September 8-9.Upon arrival in Riyadh, Jaishankar, in a post on X stated, "Arrived in Riyadh, Saudi Arabia to take part in the First India - Gulf Cooperation Council Foreign Ministers' Meeting. Thank Abdulmajeed Al Smari, Deputy Minister for Protocol Affairs for the warm reception."During his visit to Riyadh, he is also expected to hold bilateral meetings with foreign ministers from GCC member countries, according to a Ministry of External Affairs (MEA) release.In its release, the MEA stated, "India and the GCC enjoy a deep and multifaceted relationship, in areas including political, trade & investment, energy cooperation, cultural and ...

Saudi's King Salman suffering from fever, undergoes medical exams

Saudi Arabia's 88-year-old King Salman will undergo medical checks on Sunday after suffering from a high temperature and joint pain, state media reported. King Salman will undergo the examinations at the Royal Clinics at Al Salam Palace in Jeddah, the Red Sea port city, the state-run Saudi Press Agency reported. The treating medical team decided to conduct some examinations to diagnose his health condition and to check on his health, the statement said. It did not elaborate further. In April, the monarch entered a hospital for medical checks and was later discharged. King Salman took the throne in 2015. He's since elevated his son, Crown Prince Mohammed bin Salman, to the kingdom's monarch-in-waiting. The crown prince is widely believed to be running the day-to-day affairs of the kingdom.

Saudi Arabia's capital Riyadh to host World Expo 2030, beats S Korea

Saudi Arabia's capital Riyadh was chosen on Tuesday to host the 2030 World Expo, beating out South Korean port city Busan and Rome for an event expected to draw millions of visitors. Riyadh was picked by a majority of 119 out of 165 votes by the member states of the Paris-based Bureau International des Expositions.

Riyadh Air set for 100 Boeing Max jets order in Dubai to expand fleet

The carrier, launched by Saudi Arabia's Public Investment Fund, is considering placing a firm orders for 50 jets along with a similar number of options as early as Dubai Air Show that begins Monday

Goyal to meet ministers, businesses in Riyadh to discuss trade, investment

Commerce and Industry Minister Piyush Goyal will meet senior leaders and businesses in Riyadh during his two-day visit to Saudi Arabia, starting from October 24, to discuss ways to boost trade and investments between the two countries, an official statement said on Monday. Goyal will be attending the seventh edition of Future Investment Initiative (FII) in Riyadh, Saudi Arabia. He would meet Kingdom of Saudi Arabia (KSA) dignitaries including Energy Minister Prince Abdul Aziz Bin Salman Al-Saud; Commerce Minister Majid bin Abdullah AlKassabi; Investment Minister, Khalid A. Al Falih; Industry and Mineral Resources Minister Bandar bin Ibrahim AlKhorayef; and Governor Public Investment Fund (PIF) Yassir Rummayyan among others, the commerce ministry said. Goyal will also co-chair a conclave session on the theme From Risk to Opportunity: Strategies for Emerging Economies in the New Industrial Policy Era along with the Saudi Arabian Investment Minister. He is also expected to meet busine

India, Saudi Arabia sign MoU on grid connection and green hydrogen

Singh urged the MENA countries to join the Global Biofuel Alliance to bolster international cooperation in sustainable biofuels and fully harness the potential of the Alliance

Eyeing World Expo 2030, Riyadh to pump in funds to become global metropolis

With an eye on hosting the World Expo 2030 with a $8 bn bid, Saudi Arabian capital Riyadh has put in motion a mega makeover plan with construction work worth $400 bn underway to become a mega city

Saudi wealth fund takes $1.5 billion stake in Prince Alwaleed's firm

The Public Investment Fund acquired a 16.9 per cent stake in Kingdom Holding for 9.09 riyals a share, according to a statement on Sunday

Saudi wants businesses and families to pick Riyadh, offers travellers perks

Emblazoned with an image of the kingdom's ancient Diriyah fort near the Saudi capital, it reads: "Welcome to Arabia. A Journey You've Never Imagined".

Saudi local office must for foreign firms to get state contracts from 2024

The government has told foreign companies that, from 2024, they can only secure state contracts if they have local offices

Saudi: Drones attack Riyadh oil facility, no supply disruption reported

A drone attack struck an oil installation in Saudi Arabia's capital of Riyadh on Friday, the Saudi state-run news agency reported, igniting a blaze at the facility deep in the kingdom's territory

Saudi-led coalition intercepts ballistic missile attack by Houthi: Report

The attack was the second thwarted attempts reported on Saturday. The coalition destroyed a bomb-laden drone launched towards border city Khamis Mushait in Saudi Arabia

From lifestyle to tourism: Saudi crown prince announces plans for Riyadh

Saudi Arabia plans to increase the residents of Riyadh from 7.5 million to 15-20 million in 2030

Saudi TV says missile or drone intercepted over national capital Riyadh

Saudi Arabia said Saturday it intercepted an apparent missile or drone attack over its capital, Riyadh

Qatar to host 2030 Asian Games, 2034 event goes to Saudi Arabia

The 2034 event went to Riyadh after a deal was struck between the rival nations

Coronavirus hits Saudi royals, King and Crown Prince in isolation

More than six weeks after Saudi Arabia reported its first case, the coronavirus is striking terror into the heart of the kingdom's royal family.

Covid-19: Oil crash poses test for OPEC+ after Moscow, Riyadh miscalculate

An OPEC source briefed on Saudi oil policy said the scale of the fall in demand might require action beyond the scope OPEC+ could take alone

India important trading partner, we can enhance ties further: Saudi Min

Responding to a question on the Saudi investment in India, the minister said Armaco is the Gulf Kingdom's number one investment in India.

Aramco to make its long-awaited debut on Riyadh stock market on Dec 11

The Aramco listing is expected to be a major topic at a major investment summit that opened Tuesday in Riyadh