India and Saudi Arabia on Friday, agreed to increase investments in each other's country through joint ventures to enhance economic cooperation. Commerce and Industry Minister Anand Sharma and Saudi Arabian Minister of Commerce and Industry Abdullah bin Ahmed Zainal Alireza, agreed to regular exchange of business delegations to sensitise the businesspersons in both the countries.
Crown Prince Sultan, who was around 86, had been in the United States for medical treatment since June. His death has thrown his brother Prince Nayef into line to succeed King Abdullah as leader of the key oil producer country.
Zardari is "said to have quietly given names of four international personalities--Former US Secretary of State Condoleezza Rice, Afghanistan President Hamid Karzai, Saudi Arabian intelligence chief Prince Muqran bin Abdul Aziz and the UAE intelligence chief to the UN inquiry commission to ask them: how did they know the secret in advance that Benazir Bhutto would be killed?" The News Daily reported on Thursday.
Saudi Arabian forces on Monday entered the strife-torn Bahrain after two days of clashes between police and protesters mounted the most serious challenge to the Island's royal family. "More than 1,000 Saudi troops have entered Bahrain," the BBC reported, quoting a top Saudi official. The report said that the troops were part of Gulf Countries Peninsula Shield Force.
This year is expected to be an extremely low-key Ramzan with social-distancing imposed across the world, including Saudi Arabia which is home to Islam's holiest shrines.
Armaments seized included explosive belts used by suicide bombers, assault rifles, ammunition, computers, pre-paid mobile SIM cards and documents, the interior ministry said.
India all-rounder, Irfan Pathan got married to Safa Baig, a 21-year-old Saudi Arabian model, in a private wedding ceremony held at Jeddah on Thursday. The 'Nikaah' ceremony was held at Haram Shareef in Mecca and was attended only by family members and close relatives. The Pathans hosted a dinner at Hotel Trident in Jeddah following the wedding ceremony. Reports suggest that the couple were dating since two years.
Saudi Arabian football chiefs sacked coach Jose Peseiro on Sunday immediately after his demoralized side slumped to a shock 2-1 defeat at the hands of unfancied Asian Cup outsiders Syria.
Israeli Avram Grant has returned to Portsmouth as director of football, the struggling Premier League club said on Wednesday.
Expressing concern over growing dangerous trends in Pakistan, Saudi Arabian Foreign Minister Prince Saud al Faisal on Sunday said that its political leadership should unite to fight the menace of terrorism.
The Central Bureau of Investigation approached the Saudi Arabian authorities on Tuesday to verify reports about the detention in that country of Anees Ibrahim, brother of underworld don Dawood Ibrahim.
Moody's said together, proceeds from these transactions will result in a $ 16 billion reduction in RIL's net debt.
In an unpublicised case, a young Saudi Arabian princess has been granted asylum by the British government after she pleaded that she would face the death penalty if she returned home with her illegitimate child.The young woman, married to an elderly member of the Royal Family of Saudi Arabia, won her claim for refugee status after telling a judge that her adulterous affair with her non- Muslim English boyfriend made her liable to death by stoning if she returned.
The Saudis have not done any favour to Pakistan by harboring Musharraf. By doing so, they have committed a crime against the innocent people of Pakistan who have suffered miserably for more than eight years due to Musharraf's inhuman policies.
A Saudi Arabian prince, the grandson of King Abdullah who was charged with battering his aide to death, was jailed for life by a British court with the judge observing "no one in this country is above the law."
The proposed reorganisation plan by Reliance Industries Ltd to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary is a step towards facilitating participation by strategic investors in the unit, Fitch Ratings said on Tuesday. The reorganisation of the business in Reliance O2C Limited (O2C) "will have a neutral impact on RIL's credit metrics and rating," it said in a statement. The transfer will be on a "slump sale basis", subject to attaining the requisite approvals.
"We are ready with our money but it's so difficult to get a business visa to India,'' said Dr Abdul Rahman A Al Rabiah, managing director of Alrabiah, a consulting and engineering services company. Quoting instances, Rehman said, "Business leaders who have five-year multi-entry visa into the UK and Europe are merely given a three-month visa for India.''
United States sources, though, denied that bin Laden is dead.\n\n
"Some of their most prominent goals were to carry out suicide attacks against public figures; oil installations and refineries and military bases inside and abroad," the ministry said.
Saudi Arabia has announced easing of foreign manpower recruitment procedures as part of several key initiatives to make the kingdom investor-friendly.
Nearly 200 Indians awaiting deportation from Saudi Arabia are stranded in the country's capital Riyadh due to paucity of seats in flights as a result of the summer rush.
Stating that India requires investments of over $100 billion in the power and telecom sectors in the next five years, Prime Minister Manmohan Singh on Wednesday invited Saudi Arabian business houses to undertake massive investments in the infrastruct
Saudi Arabian authorities have said the new law which bans recruitment of expatriate workers above the age of 60 will not apply to professionals such as doctors, university professors, consultants and engineers.
The approval given to UBS earlier was kept on hold till it completed certain transactions. Now that the bank has completed them, it can start a branch, RBI deputy governor Leeladhar told reporters on the sidelines of a function organised by the Union Bank of India.
The Saudi Arabian Football Federation has apologised after its national team did not properly observe a minute's silence for the victims of the London attacks before the start of a World Cup qualifier in Australia.
The Reserve Bank of India has put on hold its permission to the Switzerland-based UBS Bank to open a branch in India as the Enforcement Directorate is probing alleged transfer of funds between Pune-based stud farm owner Hasan Ali and a Saudi Arabian arms dealer through the bank.
Wipro Infotech, the IT division of the Rs 107 billion Wipro, has announced a joint venture agreement with the Dar al Riyadh group of Saudi Arabia.
Saudi Arabia has emerged as a lucrative investment destination for Indian firms with over 190 of them getting licenses from the Saudi Arabian Investment Authority over the past two years.
The Indian casualties included two men and four women.
Currently, it is easier to hire expatriate workers from other companies but much depends on the sponsor.
Saudi security forces clash with militants in Riyadh and Medina killing two.
"Saudi Arabia has already told Nawaz Sharif that he can go back to his country whenever he likes. We are working out the modalities so that he can return in November," said PML-N acting president Makhdoom Javed Hashmi.
Life Insurance Corporation of India, its foreign arm LIC International and the New India Assurance Co will join hands for setting up a joint venture company in Saudi Arabia to offer life and non-life insurance products to non resident Indians and oth
More than 11,000 prisoners, including 120 Indians, held in Saudi Arabian jails for petty crimes, have been released over the last three months under two amnesties declared by King Abdullah.
The parents of the babies -- Roy Joseph and Biji Thomas -- are languishing in police custody in two separate jails in Riyadh without trial for the past 45 days.
Saudi Arabia has allowed State Bank of India to open its branches in the Kingdom.
The official Saudi line was that three of the four kidnappers broke out of the compound using human shields after they staged the brutal rampage during the weekend in Al-Khobar city.
Lewis Hamilton won a crazy, twice-halted Saudi Arabian Grand Prix for Mercedes on Sunday to go level on points with Red Bull rival Max Verstappen and set up a winner-takes-all title showdown.
