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Saudi and India likely to discuss electricity interconnection project – report

Saudi Arabia and India electricity interconnection is expected to be part of the discussion agenda when Saudi Prime Minister and Crown Prince Mohammed bin Salman visits India next month, Indian business daily The Economic Times reported last week. Both sides are likely to initiate discussions on an undersea cable for a renewable electricity grid connecting […]

Royal medical team advises Crown Prince to avoid long-distance travel to Algeria

    Custodian of the Two Holy Mosques King Salman has delegated Crown Prince and Prime Minister Mohammed bin Salman to head Saudi Arabia’s delegation attending the Arab Summit in Algeria. The King directed that Foreign Minister Prince Faisal bin Farhan, on behalf of the Crown Prince, will lead the delegation following the advice of […]

Bahri’s profits near $123.46mln in 9M-22 initial financials

    The net profits after Zakat and tax of the National Shipping Company of Saudi Arabia (Bahri) reached SAR 462.79 million in the first nine months (9M) of 2022, higher by 360.67% than SAR 100.46 million in 9M-21. Bahri logged revenues worth SAR 5.86 billion in January-September 2022, an annual leap of 54.16% from […]