The JV was announced on March 6 and will become operational from July 1. The joint venture of tech consulting firm LTIMindtree and Aramco will mirror India’s strategy to build a technology talent pool in Saudi Arabia and enhance women’s employment in the country, a senior official of the Indian IT company said. … Continue reading LTIMindtree-Aramco JV to work on enhancing women employment in Saudi Arabia | Company News
Tag: Saudi
Saudi oil giant Aramco reports $30 bn in Q2 profits, down nearly 40%
Saudi state-run oil giant Aramco said Monday that it made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous year that it attributed to lower oil prices. Total sales stood at just over 400 billion riyals (about $106 billion), down from 562 billion riyals… Continue reading Saudi oil giant Aramco reports $30 bn in Q2 profits, down nearly 40%
Saudi Arabia city of future Neom plans to grow crops in the desert
Saudi Arabia is teaming up with a Dutch greenhouse company to create “a synthetic climate” to make the desert bloom. It’s carving out an area the size of some 15 soccer fields to form a horticulture oasis on the outskirts of Neom (artist image pictured), an entirely new city being built on the… Continue reading Saudi Arabia city of future Neom plans to grow crops in the desert
NSA Ajit Doval in Jeddah for Saudi Arabia hosted Ukraine peace talks
National Security Advisor Ajit Doval has arrived in Jeddah to participate in a summit of national security advisers and other officials being hosted Saudi Arabia on Saturday to discuss the ongoing Russia-Ukraine war. Doval was welcomed at the Jeddah Airport by Indian Ambassador to Saudi Arabia, Suhel Khan and Consul General Mohammed Shahid… Continue reading NSA Ajit Doval in Jeddah for Saudi Arabia hosted Ukraine peace talks
Ukraine and its allies to woo the Global South at Saudi Arabia meeting
By Daryna Krasnolutska and Alberto Nardelli Ukraine and its allies will make their case for Kyiv’s peace plan this weekend to more than 30 countries, including some nations from the Global South that have so far avoided taking sides on Russia’s invasion. The talks in Jeddah, Saudi Arabia, are aimed at… Continue reading Ukraine and its allies to woo the Global South at Saudi Arabia meeting
Saudi goals in Europe
As Europe swings into the 2023-24 football season with one month left for the transfer window to close, it’s not just rival clubs but a country far outside Europe’s borders that’s being closely watched: Saudi Arabia. The kingdom, in the throes of its unique version of perestroika, has borrowed the example of regional frenemy… Continue reading Saudi goals in Europe
Saudi Arabia to host Ukrainian peace talks in August, India invited
Saudi Arabia will host a Ukrainian-organised peace summit in early August seeking to find a way to start negotiations over Russia’s war on the country, an official said. The kingdom and Kyiv did not immediately acknowledge the planned talks. The summit will be held in the Red Sea port city… Continue reading Saudi Arabia to host Ukrainian peace talks in August, India invited