Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.
Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.
There are more than 5,000 family businesses across the Kingdom, of which only 156 are listed on the Saudi bourse, according to Jeddah Chamber of Commerce and Industry chairman Saleh Kamel.
A number of Middle Eastern nations have expressed concern over Iran's aspirations of becoming a nuclear armed state, according to the secret cables released by whistleblower website WikiLeaks. Saudi Arabia's leader King Abdullah has even asked the US to consider bombing Iran's nuclear facilities, reveal the cables."He told you (US administration) to cut off the head of the snake," the Saudi ambassador to Washington Adel al-Jubeir is quoted as saying.
Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.
'It will take a long time to recover from the impact of this war.'
The Asian Football Confederation has postponed several Asian Champions League Elite and Two matches scheduled to be played in the Middle East due to the ongoing conflict in the region.
In a lengthy post on Truth Social, Trump said negotiations with Iran were 'proceeding nicely' and argued that several Muslim and Arab nations should formally recognise Israel and join the Abraham Accords once a deal is reached.
'Saudi-Pak defence pact is to anchor the defence and security of Saudi Arabia and not Pakistan, per se, with Islamabad being the junior partner.'
Authorities in Australia, Israel, and the UAE are investigating an Omani co-pilot's attempted "terrorist act" on a flydubai flight. The co-pilot, identified as Hamam al-Hammami, attacked the Indian captain with a crash axe, but passengers and reserve pilots managed to land the plane safely. The probe focuses on his motives, connections, and past radical views.
Abdul Rahim, who faced a death sentence in Saudi Arabia, returned to Kerala after a massive crowdfunding effort raised Rs 34 crore for blood money. He was greeted by family and friends after two decades of imprisonment.
Iran's Khatam al-Anbiya Central Headquarters has threatened "continuous, effective and painful" attacks on US bases and interests across the region if Washington resumes military action against Tehran, amid escalating tensions and a US naval blockade on Iranian ports.
Foreign portfolio investors (FPIs) have withdrawn nearly Rs 5,109.21 crore from Indian government securities under the fully accessible route (FAR) in just three days, driven by global uncertainty, elevated crude prices, rising US Treasury yields, and a depreciating rupee.
The bill, known as the Justice Against Sponsors of Terrorism Act, would prevent Saudi Arabia and other countries with alleged ties to terrorist groups from invoking their legal immunity in US courts.
US Vice President JD Vance and Prime Minister Narendra Modi held a phone call to discuss expanding the India-US comprehensive global strategic partnership, focusing on trade, defence, energy security, emerging technologies, and critical minerals. The discussion comes amidst rising tensions in West Asia and recent regional realignments, with both leaders reaffirming their commitment to strengthening cooperation.
The Indian U17 men's football team is set to play two friendly matches against Qatar in Doha as part of their preparations for the AFC U17 Asian Cup Saudi Arabia 2026.
A 24-year-old man from Uttar Pradesh's Muzaffarnagar district allegedly died by suicide in Saudi Arabia during a video call with his newly married wife in India, police said on Wednesday.
The port authority owns the World Trade Centre site and lost 84 of its employees in the September 11, 2001 attacks.
In a major disclosure, Anwar Gargash, an adviser to UAE President Mohammed bin Zayed, has officially termed the cockpit attack aboard a Tel Aviv-bound Flydubai flight a "dangerous terrorist act," marking the first time a top Emirati official has formally classified the attempted crash in such terms.
Cristiano Ronaldo has fuelled speculation about his retirement plans after saying the upcoming year will probably be the last of his playing career.
The inaugural Esports Nations Cup, initially planned for November this year, has been postponed to November 2027 by the Esports Foundation. This decision was made following an assessment of the wider regional situation and to ensure stability for participating national teams, publishers, partners, and fans. Despite the postponement, Saudi Arabia remains capable of hosting events, and existing development fund commitments will be maintained.
Cabo Verde's star goalkeeper Vozinha has expressed confidence ahead of their FIFA World Cup round of 32 clash against Argentina, vowing to make history. The debutant nation has impressed with three draws in the group stage, becoming the smallest country to reach the knockout phase. Vozinha also achieved a rare feat, becoming only the third goalkeeper over 40 to register multiple clean sheets in the tournament. Argentina's coach Lionel Scaloni has acknowledged Cabo Verde as a tough opponent.
China saved a second half penalty then scored a fortuitous goal that took a wicked deflection off a defender to upset Saudi Arabia 1-0 at the Asian Cup on Saturday.
Roberto Mancini has returned for a second spell as Italy coach, vowing to revive the Azzurri's fortunes after the nation missed the last three World Cups and failed to win a major trophy since Euro 2020 under his previous leadership.
A Kerala native, Muhammed Sanoof, has been arrested and charged under the Unlawful Activities (Prevention) Act (UAPA) for allegedly posting an offensive comment under a video featuring the daughter of a victim of the Pahalgam terror attack. Sanoof was detained upon his return from Saudi Arabia, following a lookout notice. The case was registered based on a complaint by a BJYM leader, and police invoked UAPA after interrogation and mobile phone examination, citing crucial evidence.
Between 2008 and 2015, India purchased defence equipments worth $34 billion, which is a distant second after Saudi Arabia's $93.5 billion, said the report 'Conventional Arms Transfers to Developing Nations 2008-2015' released by Congressional Research Service.
Pakistan's government is exploring measures, including potential smart lockdowns and austerity, to reduce petroleum consumption. This comes after recent fuel price hikes driven by rising global oil prices and West Asia tensions, which have also raised concerns about oil supply disruptions. The government is also implementing a fuel relief scheme and faces public pressure over the price increases.
Bangladesh has confirmed that Prime Minister Tarique Rahman will not attend the upcoming BRICS Summit in India, clarifying that the invitation was extended to him as the BIMSTEC Chair, not as Bangladesh's Prime Minister. The nation is prioritising bilateral visits and discussions, while also addressing national interests like the expiring Ganges Water Sharing Treaty.
United States spy agency Central Investigation Agency has been operating a secret drone-base from Saudi Arabia for the last two years to conduct lethal strikes against the Yemen-based terror outfit -- Al Qaeda in the Arabian Peninsula.
Sports Minister Mansukh Mandaviya will chair a two-day meeting of BRICS Sports and Youth Ministers in Visakhapatnam, aiming to strengthen cooperation in youth affairs and sports, with a focus on sports manufacturing, indigenous disciplines, and youth development.
A look at the gilded cage where Saudi princes, former ministers, one of the world's richest men and other businessmen are being held prisoner.
Will hold talks on the controversial 'Nitaqat' law, energy security and counter-terrorism cooperation.
Saudi jails have 1,444 Indians, UAE has 937, Bangladesh 893 and Singapore 580 while Pakistan has only 365.
Aramco Trading Co, a subsidiary of state oil giant Saudi Aramco, offered 2.8 million barrels of ultra low sulphur diesel for loading in late July to early August
Tunisia have sacked coach Sabri Lamouchi and replaced him with fellow Frenchman Herve Renard in the wake of the 5-1 defeat by Sweden in their World Cup opener in Monterrey on Sunday, the Tunisian Football Federation (FTF) said.
Though the government has taken a positive move, it is still a long way for Saudi women to have equal driving rights as men.
A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.
The kingdom, the world's leading oil producer, also offered to coordinate with the Organisation of Petroleum Exporting Countries and other major producers to ensure adequate fuel supply in order to curb prices. Pressure is being mounted on OPEC, the supplier of more than a third of the world's oil, to boost output in order to ease the effect of high prices on economies across the world.
Thousands of yoga enthusiasts across the world marked the International Day of Yoga on Sunday, as Indian missions abroad organised events to highlight the ancient practice's role in fostering health and well-being.
