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Tata Motors Unveils First AMT Truck

Tata Motors Unveils First AMT Truck

Tue, Nov 19, 2024

Tata Motors has introduced its first Automatic Manual Transmission (AMT) truck in Saudi Arabia, marking a significant step in the company’s expansion into the Middle Eastern market. The new truck combines the efficiency of manual transmission with the ease of automatic control, aimed at improving driver comfort and operational efficiency. This move highlights Tata Motors’ commitment to meeting the evolving needs of the logistics and transportation sectors in the region.

Tata Motors launches its first AMT truck in Saudi Arabia

Tata Motors launches its first AMT truck in Saudi Arabia

Tue, Nov 19, 2024

Tata Motors on Tuesday announced the launch of its first automated manual transmission (AMT) truck, the Tata Prima 4440.S AMT, in the Kingdom of Saudi Arabia.

Bad condition of Brent crude, till when will the prices of crude fall?

Bad condition of Brent crude, till when will the prices of crude fall?

Fri, Sep 27, 2024

Saudi attack on Brent Crude. Bad condition of Brent Crude! How long will the prices of Crude fall? When will there be stagnation in crude oil? And will crude oil slide? Know complete details in this video.

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In a historic first, Air India flies to Israel via Saudi airspace

In a historic first, Air India flies to Israel via Saudi airspace

Fri, Mar 23, 2018

Air India Flight AI 139 landed at Tel Aviv's Ben Gurion airport at 2215 PM (Israeli time) yesterday, heralding a new chapter in the India-Israel ties and ending a decades-old overfly ban by Saudi Arabia. "This is really a historical moment... We are in a new era. I am sure that we will see many more Indian tourists coming to Israel... And Israelis would also come to India in much higher numbers," Israeli Tourism Minister Yariv Levin said.

Oil hits nearly three-week high as Saudi Arabia to keep output well below cap

Oil hits nearly three-week high as Saudi Arabia to keep output well below cap

Mon, Feb 26, 2018

US energy companies last week added one oil rig, the fifth weekly increase in a row, bringing the total count up to 799, the highest level since April 2015, Baker Hughes energy services firm said on Friday.

OPEC, non-OPEC allies to study long-term oil cooperation in June, says UAE

OPEC, non-OPEC allies to study long-term oil cooperation in June, says UAE

Tue, Feb 20, 2018

OPEC and non-OPEC oil producers, including Russia, will discuss extending their cooperation for many more years when they meet in June as they seek to avoid major market shocks, the United Arab Emirates` energy minister told Reuters.

Saudi Arabia's central bank signs blockchain deal with Ripple

Saudi Arabia's central bank signs blockchain deal with Ripple

Thu, Feb 15, 2018

Saudi Arabia`s central bank has signed a deal with US-based Ripple to help banks in the kingdom settle payments using blockchain software, as Gulf regulators begin to explore new forms of financial technology.

Citigroup targets rapid Middle East, Africa growth in 2018

Citigroup targets rapid Middle East, Africa growth in 2018

Thu, Feb 08, 2018

Citigroup expects 2018 to be its best year for investment banking in the Middle East and Africa in at least a decade, likely led by Saudi Arabia, a senior executive at the U.S. bank said.

Russia may back Aramco IPO, enhance OPEC ties

Russia may back Aramco IPO, enhance OPEC ties

Tue, Jan 23, 2018

Sources told Reuters last year Chinese state oil companies were willing to become cornerstone investors in the Aramco IPO which could become the world`s biggest, valuing the firm at up to $2 trillion and raising more than $100 billion.

Saudi to build 9 desalination plants on Red Sea

Saudi to build 9 desalination plants on Red Sea

Sun, Jan 21, 2018

Saudi Arabia plans to build nine desalination plants for more than 2 billion riyals ($530 million) on the Red Sea coast, its environment minister said on Sunday.

FranGlobal eyes $100 mn investments from Gulf investors

FranGlobal eyes $100 mn investments from Gulf investors

Sun, Jan 21, 2018

FranGlobal helps Indian firms set up operations outside the country and also helps scale up brands which already have presence outside India

Saudi Arabia changes Aramco status to joint-stock company: official bulletin

Saudi Arabia changes Aramco status to joint-stock company: official bulletin

Fri, Jan 05, 2018

The sale of around 5 percent of Aramco, expected to go ahead in 2018, is a centrepiece of Vision 2030, a reform plan to reduce the dependence of the Saudi economy on oil.

Oil market capped as US output fast approaches 10 million bpd

Oil market capped as US output fast approaches 10 million bpd

Thu, Dec 21, 2017

Oil prices were stable on Thursday, supported by falling crude inventories in the United States but capped by output that is fast approaching 10 million barrels per day, a level only surpassed by Saudi Arabia and Russia.

Oil prices drop on increased U.S. drilling activity

Oil prices drop on increased U.S. drilling activity

Mon, Dec 11, 2017

Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase in American production, potentially undermining efforts led by OPEC to tighten markets.

Sale of the century? $300-billion Saudi state sell-off moves slowly

Sale of the century? $300-billion Saudi state sell-off moves slowly

Fri, Dec 01, 2017

Saudi Arabia`s $300-billion privatisation programme was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled his plan to great fanfare. Nineteen months later, it is moving at a snail`s pace, bankers, investors and analysts familiar with the process say.

OPEC chatroom dead as Qatar crisis hurts Gulf oil cooperation

OPEC chatroom dead as Qatar crisis hurts Gulf oil cooperation

Thu, Nov 23, 2017

As a six-month-old spat between Saudi Arabia and Qatar deepens, the organisation`s Gulf ministers will have to scrap their tradition of meeting behind closed doors to agree policy before OPEC holds its twice-yearly talks.

Etihad Airways launches 'fly now pay later' scheme

Etihad Airways launches 'fly now pay later' scheme

Sat, Sep 23, 2017

Etihad Airways is the first in the Gulf region to offer fully automated online instalment plans after partnering with PayFort, a leading online payment service provider in the Arab world.

Saudi Arabia to introduce new family tax from July 1; here's how it will affect 41 lakh Indians

Saudi Arabia to introduce new family tax from July 1; here's how it will affect 41 lakh Indians

Wed, Jun 21, 2017

Saudi Arabia will introduce new family tax named as 'dependent fee' of 100 riyals per month for each dependent of foreign nationals and the new tax is set to prove a big financial burden for the Indian expats as about 41 lakh Indians work into the country.

Baby born on Jet Airways plane bags free air tickets for life

Baby born on Jet Airways plane bags free air tickets for life

Mon, Jun 19, 2017

He is a born frequent flier -- a baby boy, born today 35,000 feet above sea level on a Jet Airways plane from Saudi Arabia to India, has received a free lifetime pass from the airline as his first birthday gift.

Qatar signs $12 billion deal to buy F-15 jets from US

Qatar signs $12 billion deal to buy F-15 jets from US

Thu, Jun 15, 2017

Qatar`s Ministry of Defense said on Wednesday the country signed a deal to buy F-15 fighter jets from the United States for $12 billion. The deal was completed despite the Gulf country being criticized recently by U.S. President Donald Trump for supporting terrorism.

Qatar Diplomatic Crisis: Will it affect India's energy needs?

Qatar Diplomatic Crisis: Will it affect India's energy needs?

Wed, Jun 07, 2017

About nine countries from Middle East have severed their ties with Qatar for its alleged support to terrorism and following the diplomatic crisis in the country which is the world's largest Liquefied Natural Gas (LNG) exporter, it is going to hurt its business ties with the rest of world including India.

Saudi Arabia, Bahrain, Egypt, UAE cut diplomatic ties with Qatar

Saudi Arabia, Bahrain, Egypt, UAE cut diplomatic ties with Qatar

Tue, Jun 06, 2017

Saudi Arabia, Bahrain, Egypt, UAE have decided to cut diplomatic as well as air and sea connectivity connections with Qatar. The countries accused Qatar of supporting terrorism. Watch the video for full report. About Zee Business --------------------------

India could invest in Aramco IPO to strengthen ties

India could invest in Aramco IPO to strengthen ties

Tue, May 23, 2017

"I`m expecting Aramco to be a supplier for a very long time... We discussed the idea with (Saudi energy) minister (Khalid al) Falih in Houston this year. They (Aramco) are interested in the joint venture," Pradhan said in an interview.

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