India-saudi Arabia

Indians travelling to Saudi Arabia no longer need police clearance for visa

The Saudi embassy in India tweeted they have removed the visa requirement for police clearance certificate for Indians

India, Saudi Arabia discuss Rupee-Riyal trade, UPI payment system

Both countries have re-affirmed continued cooperation in joint projects including the West coast refinery, LNG infrastructure investment and development of strategic petroleum storage facilities

India-Saudi collaboration holds promise of shared growth, prosperity: EAM

Underlining the importance of the strategic relationship between India and Saudi Arabia, External Affairs Minister S Jaishankar said on Sunday that the collaboration holds the promise of shared growth, prosperity, stability, security and development. Jaishankar, who arrived here on Saturday on a three-day visit to Saudi Arabia to discuss ways to further strengthen relations between the two countries, addressed diplomats at the Prince Saud Al Faisal Institute of Diplomatic Studies in Riyadh this morning. "Addressed diplomats at the Prince Saud Al Faisal Institute of Diplomatic Studies in Riyadh this morning. Underlined the importance of India-Saudi Strategic Relationship at a time when the world is at crossroads, he said in a tweet. "Our collaboration holds promise of shared growth, prosperity, stability, security and development, he added in another tweet. It is Jaishankar's first visit to Saudi Arabia as the External Affairs Minister. During the visit, Jaishankar will co-chair wit

Centre signs long-term fertilisers import deal with Saudi Arabia

India and Saudi Arabia on Thursday signed a pact for an annual supply of 2.5 million tonnes of ammonia and DAP, NPK fertilisers for the next three years. Announcing the development in a series of tweets, Chemicals and Fertilisers Minister Mansukh Mandaviya said Indian cooperative KRIBHCO has signed an agreement for investment in a new phosphate project of Saudi Arabia's largest mining firm Ma'aden. "With this, Indian companies have secured a 2.5 million tonnes annual supply of key raw materials like ammonia and finished fertilizers like DAP, NPKs for the next 3 years," the minister tweeted. A joint declaration was made to commit for the long-term supply of up to 1 million tonne of Di-ammonium phosphate (DAP) and NPKs per annum to KRIBHCO, he said. The collaboration includes joint development in agronomy, logistics solutions and product development to support farmers of both India and Saudi Arabia. The tie-up will add even more energy to India-Saudi Arabia friendship and benefit th

Oil rises on expectations for no immediate boost to Saudi production

LONDON (Reuters) -Oil prices rose on Friday after a U.S. official told Reuters an immediate Saudi oil output boost is not expected, while indications that the U.S. central bank could raise interest rates less aggressively than anticipated also supported crude.

India a key market for Saudi Arabian tourism, says Fahd Hamidaddin

Saudi Arabia has embarked on an ambitious programme to boost inbound tourism and considers India a key market, said Saudi Tourism Board CEO Fahd Hamidaddin.

Two Indian workers allegedly held captive by employer in Saudi Arabia

Two Indian workers are being held captive by their employer in Yanbu city of Saudi Arabia despite an assurance by authorities that they will be allowed to return by April-end

Best of BS Opinion: Cloud over climate action, Tata vs Mistry, and more

Here's a selection of Business Standard opinion pieces for the day

Undiplomatic wrangling

India-Saudi relationship must survive oil price dispute

India's energy alliance with Saudi totters after years of co-operation

India is the third largest market for Saudi crude. But after a year of Covid, the latter isn't keen to let prices hover at under $80 a barrel, the break even at which its budget wipes off red stainsi

Despite surge, India face no change in crude prices from Saudi Arabia

The oil diplomacy by India has paid dividend with world's largest oil producer Saudi Arabia deciding against raising crude supplies for March delivery to Asian consumers

PM Narendra Modi speaks to Saudi King Salman, discusses bilateral relations

Prime Minister Narendra Modi had a telephonic conversation with Saudi King Salman Bin Abdulaziz Al Saud during which the two leaders expressed their satisfaction at the state of bilateral relations

Cabinet okays India-Saudi pact to check smuggling, counter drug trafficking

Drug trafficking has also provided funding for insurgency and terrorism in various regions throughout the world

India eyes energy deals with Saudi Arabia during PM Modi's visit next week

Modi will be speaking at the investment summit organized by Saudi Arabia's Public Investment Fund. The event is popularly known as Davos of the Deserts

Saudi Arabia to invest $100 billion in India, eyes long-term partnership

Vision 2030 of Crown Prince Mohammed bin Salman will also result in significant expansion of trade and business between India and Saudi Arabia

Saudi committed to remain a reliable oil supplier to India: Pradhan

Oil Minister Dharmendra Pradhan on a three-nation visit courted the new Saudi Arabian minister in Jeddah

Flying rights: Is Saudi Arabia getting the biggest share in Indian skies?

India had earlier reportedly declined requests for an increase in flying rights by Dubai, China, Malaysia, Singapore, Qatar, among others

How Saudi Prince's visit to India indicates Modi's West Asia policy success

Narendra Modi's West Asia policy remains the one area of achievement in an otherwise indifferent record of foreign policy

Indian delegation to explore contracts in $500-bn Saudi's infra projects

Saudi Arabia is the fourth largest trading partner of India with bilateral trade exceeding $25 billion in 2016-17

India offers Saudi Arabia stake in second phase of strategic oil reserve

The government also discussed with Saudi Arabia investment opportunities in a proposed oil refinery