Riyadh

December 12, 2024 4:10 PM

Riyadh’s State-of-the-Art Driverless Metro System launches , marking new era of Urban Transportation

The long-anticipated Riyadh Metro system officially began operations, marking a milestone in Saudi Arabia's urban development. Indian engineering giant Larsen & Toubro (L&T) played a significant role in the construction of portions of this ambitious project, highlighting the international collaboration involved in bringing this vision to reality. India's Ambassador to Saudi Arabia Dr. Suhel Ajaz Khan, along with Embassy officials, conducted a comprehensive tour of the newly opened metro...

December 11, 2024 8:08 PM

COP16 in Riyadh: turning the tide on Desertification

As the 16th session of the United Nations Convention to Combat Desertification (COP16) nears its conclusion in Riyadh, Saudi Arabia, the atmosphere is charged with urgency. Delegates are racing to finalize agreements that could redefine humanity’s approach to one of its most pressing environmental challenges: desertification and land degradation. With the conference wrapping up on December 13, the stakes have never been higher. A sobering new report reveals that over 75% of the Earth’s land...

December 2, 2024 9:31 AM

UNCCD COP16 opens today with India set to showcase landmark Green Project

The United Nations Convention to Combat Desertification's sixteenth Conference of Parties (COP16) is beginning today in Riyadh, Saudi Arabia, marking the first time West Asia hosts this crucial environmental conference. India will join representatives from 197 nations at this milestone event, which coincides with UNCCD's 30th anniversary. India's delegation, led by Environment Minister Bhupender Yadav and Haryana Chief Minister Nayab Singh Saini, will participate in a significant side event at ...

October 30, 2024 6:08 PM

Commerce minister leads high-stakes business discussions in Saudi Arabia, inaugurates Diwali

Commerce Minister of India Piyush Goyal embarked on a comprehensive diplomatic mission in Riyadh on Wednesday, marking significant strides in Indo-Saudi relations through a series of high-level meetings and cultural engagements. The day commenced with Minister Goyal's participation in a panel discussion at the Future Investment Summit, followed by the inauguration of 'Lulu Wali Diwali' at Lulu Hypermarket in Riyadh, highlighting the growing cultural bonds between the two nations. In a series b...

September 16, 2024 3:25 PM

India-GCC relations enter a new era with historic strategic dialogue

On September 8, India’s External Affairs Minister, Dr. S. Jaishankar, visited Riyadh for a historic event—the first-ever India–GCC Joint Ministerial Meeting for Strategic Dialogue. This meeting, co-chaired with Qatar’s Prime Minister and Foreign Minister, Sheikh Mohammed bin Abdulrahman Al Thani, marked a new era in India’s diplomatic engagement with the Gulf. The GCC is home to nearly 8.9 million Indian expatriates, representing the largest Indian diaspora in any ...

September 9, 2024 7:05 PM

GCC Foreign Ministers Hold Talks in Riyadh, Engage with International Partners

The 161st Ministerial Council meeting of the Gulf Cooperation Council took place on Monday in the Saudi capital, chaired by Qatari Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al Thani. The meeting was attended by GCC foreign ministers. Alongside the GCC Council meeting, separate ministerial-level discussions were held between the GCC and India, the Russian Federation, and the Republic of Brazil.The seventh GCC-Russia strategic dialogue meeting was held with Ru...

September 16, 2024 4:03 PM

Indian Embassy in Riyadh Commemorates 78th Independence Day with Community Celebration

The Indian Embassy in Riyadh marked the 78th Independence Day of India with a grand celebration on Thursday. The event was attended by over 500 people, including Embassy officials, journalists, and members of the Indian community. The festivities began with the hoisting of the Indian tricolor by Ambassador Dr. Suhel Ajaz Khan, who also delivered the President's message to the nation. In his address, the Ambassador highlighted the growing ties between India and Saudi Arabia and extended best w...

June 3, 2024 4:31 PM

OPEC+ extends oil output cuts into 2025

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production. Brent crude oil prices have been trading near $80 per barrel in recent days, below what many OPEC+ members need to balance their budgets. Worries over slow demand growth in top oil importer China have weighed on prices alongside rising oil stocks in developed economies. The Organization of the ...

April 30, 2024 12:08 PM

IMF bailout proved important to save Pakistan from default, PM Sharif says

The disbursement of $1.1 billion by the International Monetary Fund (IMF) will help Pakistan achieve greater economic stability, Prime Minister Shehbaz Sharif said on Tuesday, amid discussions for a new loan programme. The funding was the second and final tranche of Pakistan's $3 billion standby arrangement with the IMF which it secured last summer to help avert a sovereign default. "The disbursement will bring more economic stability in Pakistan," Sharif said in a statement from his office, a...

April 28, 2024 2:46 PM

Global Leaders Gather in Riyadh for World Economic Forum Summit

Final preparations took place at the Ritz-Carlton in Riyadh ahead of the World Economic Forum (WEF) summit starting Sunday (April 28), where world leaders will convene for a special meeting on global collaboration, growth and energy for development. Over 1,000 leaders from around the world are attending the two-day event to discuss topics that will include "urgent challenges" in the geopolitical and economic environment, including ongoing geopolitical tensions in the Middle East, according ...