Browsing Tag
Saudi Arabia
246 posts
MAN Industries Q1 EBITDA jumps 93%, but the bigger Saudi Arabia test starts in Q2
MAN Industries delivered record Q1 FY27 EBITDA and a 14.6% margin, but only ₹43 crore of National Pipe Company revenue was consolidated. Full Saudi contribution, ₹3,600 crore of orders and new QatarEnergy eligibility now have to carry a much larger FY27 revenue target.
Lenovo Group Q1 revenue jumps 43% to $26.9bn on AI infrastructure demand
Lenovo Group's Q1 revenue jumped 43% to $26.9bn as ISG nearly doubled and AI sales reached $9.3bn, extending momentum against Dell and HP in AI servers.
Houthi attack on Saudi Aramco Jazan refinery puts new Türkiye-Pakistan defence pact to its first test
Houthi forces have targeted Saudi Aramco’s 400,000-barrel-per-day Jazan refinery and Yemen’s strategic Mocha port, only two days after Saudi Arabia signed a mutual defence pact with Türkiye and Pakistan.
Turkey, Saudi Arabia and Pakistan set to sign joint defence pact as Gulf war risks widen
Turkey, Saudi Arabia and Pakistan are expected to sign a joint defence agreement in the kingdom on August 7, as Riyadh confronts Houthi attacks, Iranian warnings and fears of coordinated strikes on Gulf infrastructure.
Houthi missile and drone attacks kill at least 30 Yemeni troops as 2022 truce unravels
Coordinated Houthi attacks on government military camps in Marib and Hadramout have killed at least 30 soldiers and wounded more than 50, raising fears that Yemen’s long-simmering civil war is returning to major frontline combat.
Iran wants cargo-based fees as Oman negotiates new Strait of Hormuz system
Iran may gain control over inbound Hormuz traffic. The unresolved fight over inspections and fees could reshape Gulf energy security.
Urban Company (NSE: URBANCO) jumps 13% as InstaHelp losses test rally
Urban Company jumped 13% despite a ₹92 crore loss. The real test is whether InstaHelp can scale without consuming its profitable core.
Trump cancels planned Iran attack as Hormuz peace framework awaits Tehran’s approval
Donald Trump cancelled an Iran attack, but Tehran has not accepted final terms. Hormuz, nuclear inspections and sanctions remain unresolved.
Saudi Arabia unveils 14-country maritime coalition to protect Red Sea shipping
Saudi Arabia has 14-country backing for a Red Sea coalition, but its credibility depends on ships, command rules and coordination with existing missions.
US launches heavy strikes on Iran as missile exchanges push Gulf war into new phase
Read why new US strikes on Iran are widening the war, pulling Kuwait and Jordan deeper into danger and weakening hopes for diplomacy.