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  • Indian investors gear up for ‘big-time opportunities’ in Saudi real estate

    One of the Indian pioneers eyeing Saudi property is Strata, a fractional investment fund in premium real estate assets, which plans to invest $500 million over the next five years. “Everyone has only one thing to say — if you want to put money, you need to put money in Saudi Arabia,” the company’s chief executive officer, Sudarshan Lodha, told Arab News after a recent visit to Saudi Arabia

  • India, Pakistan evacuate over 150,000 people as cyclone approaches

    Authorities in India and neighbouring Pakistan have evacuated more than 150,000 people from vulnerable coastal areas in the path of cyclone Biparjoy, set to whirl in from the Arabian Sea and make landfall by Thursday night. Biparjoy, which means 'disaster' or 'calamity' in the Bengali language, was centred 140 km (87 miles) off Jakhau port in India's western state of Gujarat and 230 km (143 miles) off Pakistan's southern port of Karachi, weather officials said.

  • Saudi Arabia announces mandatory employment test for Indians: Report

    Launched in 2021, the Skill Verification Program (SVP) aims to ensure that only qualified professionals are allowed to work in Saudi Arabia

  • India Snaps up Record Amount of Russian Oil, Saudi Arabia Flows Plunge

    India snapped up a record volume of Russian oil last month, while flows from Saudi Arabia have fallen to their lowest level since 2021. Russia, which surpassed Saudi Arabia as India's top oil supplier in October last year, sold 1.96 million barrels of crude a day to India during the month of May, according to Vortexa data cited by Bloomberg. That's around 15% higher than the 1.67 million barrels a day sold to India in April. Saudi Arabian oil shipments, meanwhile, fell to their lowest level since February 2021, marking a 28-month low.

  • Israel brings in 10,000 Indian labourers

    The Indian Government has signed an agreement with Israel to bring 10,000 Indian workers to the country. Half of these workers are destined for the construction sector, with the remaining half designated for nursing roles. The arrival of these workers will be staged, with 2,500 construction and an equal number of nursing workers due in the first year, according to reports on the Walla website.

  • Saudi Cost of Living 2023: Riyadh, Dammam, Cost of Living Index, Comparison to India, UK, & More

    Understanding the cost of living in major Saudi cities is vital for relocation. Expenses in Riyadh and Dammam vary across housing, groceries, utilities, and numerous others. Here is a general overview of the cost of living in these cities.

  • Surging Investments: Indian buyers propel Dubai’s real estate sector

    Dubai’s construction industry is witnessing a significant increase in investments from India, driven by imminent tax adjustments set to be implemented on July 1. According to insiders in the sector, Indian investors contributed to 20% of all property transactions in Dubai during the first quarter of 2023, injecting close to $2 billion into the market.

  • China and Saudi Arabia boycott G20 meeting held by India in Kashmir

    India’s presidency of the G20 group of leading nations has become mired in controversy after China and Saudi Arabia boycotted a meeting staged in Kashmir, the first such gathering since India unilaterally brought Kashmir under direct control in August 2019. The meeting, a tourism working group attended by about 60 delegates from most G20 countries taking place from Monday to Wednesday, required a large show of security at Srinagar international airport.

  • How a 7200 km international trading route can reboot India-Iran ties

    Will the operationalisation of the 7,200 km long International North South Transport Corridor (INSTC) boost India-Iran ties and push trade between the two countries? India and Iran, once close partners, had run into some kind of a patchy terrain after New Delhi stopped oil imports from the Islamic Republic in 2019 following the US led sanctions. However, with the changing geopolitical dynamics the two nations are now aggressively looking at resetting their ties.

  • India among seven countries to benefit from Saudi Arabia’s new e-visa system

    According to the Saudi Foreign Ministry, the decision to issue e-visas with QR codes came into effect from May 2023. Countries that will benefit from this initiative include India among others.