Saudi’s PIF to invest in Alkhorayef Petroleum for 25% stake

Pallavi Madhiraju- November 15, 2023 0

The Public Investment Fund (PIF) has announced its investment in Alkhorayef Petroleum, from the Alkhorayef Group, through a share subscription agreement for a 25% shareholding. ... Read More

Welspun Corp announces Rs 1,000cr steel pipe contract with Saudi Aramco

Pallavi Madhiraju- November 10, 2023 0

Welspun Corp Limited has disclosed that its associate, East Pipes Integrated Company for Industry (EPIC), in Saudi Arabia, has secured a significant contract for manufacturing ... Read More

stc group partners with Microsoft to amplify digital transformation in Saudi Arabia

Pallavi Madhiraju- November 4, 2023 0

stc group has broadened its strategic alliance with Microsoft, laying the groundwork for digital innovation and transformation within Saudi Arabia. The reinforced partnership underscores a ... Read More

L&T Construction expands global reach with new power transmission orders

Pallavi Madhiraju- October 30, 2023 0

Larsen & Toubro (L&T) Construction's Power Transmission & Distribution Business has recently announced securing substantial orders valued between Rs 2,500 to 5,000 crores. This development ... Read More

Hyundai Motor, PIF ink $500m deal for automated vehicle plant in Saudi Arabia

Pallavi Madhiraju- October 24, 2023 0

A groundbreaking agreement has been solidified between the Public Investment Fund (PIF) of Saudi Arabia and Hyundai Motor Company (Hyundai), aiming to set up a ... Read More

MBS drops bombshell: Advocates for Palestinian State along 1967 borders

Pallavi Madhiraju- October 20, 2023 0

In a groundbreaking announcement that has caught global leaders by surprise, Crown Prince and Prime Minister of Saudi Arabia, Mohammed bin Salman (MBS), has made ... Read More

Saudi’s Mohammed bin Salman stuns the world: “If Iran gets a nuke, so will we!”

Pallavi Madhiraju- September 21, 2023 0

In a jaw-dropping revelation that's sent shockwaves around the globe, Saudi Arabia's Crown Prince Mohammed bin Salman (MBS) has publicly declared that if Iran acquires ... Read More

MHP SE partners with Desert Hills Veterinary Services in poultry joint venture

Pallavi Madhiraju- September 11, 2023 0

Ukraine-based international food and agrotech group MHP SE has signed a shareholder agreement with Desert Hills Veterinary Services Company Limited (DHV), a subsidiary of Saudi ... Read More

G20 Summit unveils India-Middle East-Europe Economic Corridor

Pallavi Madhiraju- September 9, 2023 0

In a groundbreaking move that directly challenges China's Belt and Road Initiative, leaders from India, Saudi Arabia, the European Union, and the United States have ... Read More

Saudi-based Rewaa scores $27m in Series A, eyes retail industry transformation

Pallavi Madhiraju- September 1, 2023 0

Saudi Arabia's fast-growing retail tech platform, Rewaa, has secured $27 million in a Series A funding round. The financing was spearheaded by Wa'ed Ventures, a ... Read More