The IPO project was first announced in 2016 as the cornerstone of the Vision 2030 plan to modernise the Saudi economy.
Read More »Iran. Iraq to Start Constructing Rail Link within Months
Iranian officials announced that the construction of the 32-kilometer railway connecting the city of Shalamcheh in Southwestern Iran to Basra in Southern Iraq will kick off in the next few months.
Read More »Iran. Iraq Move Closer to Dredging Arvand Rud
Tehran and Baghdad have already signed an agreement to resolve disagreements over Arvand Rud based on the 1975 Algiers Accord.
Read More »New $250m Loan for Climate Resilience in Kerala
The 2018 floods and landslides in Kerala affected around 5.4m people and 1.4m people were displaced from their homes.
Read More »Next OPEC+ Session will be Held in Vienna on December 5-6
OPEC member countries discussed the issue of cutting oil production at the session on July 1.
Read More »Saudi Arabia may Cut August Crude Oil Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Iran Prepared to Build Shalamcheh-Basra Railway
A senior Iranian official in charge of construction of roads and urban development. said on Monday that Iran is ready to work with Iraqi partner to build a railway from the southwestern city of Shalamcheh to Basra. Iraq.
Read More »Huawei to Increase Its 5G Investment Despite US Ban
Speaking at Huawei'.s annual user group meeting in Wuzhen. Zhejiang. Huawei Carrier CEO Ryan Ding said the Chinese tech giant will continue providing 5G products and partnering with carriers to build a ".=fully connected. intelligent world.
Read More »Iran. China United against US Unilateralism in IT Sector
Iranian Minister of Communications and Information Technology described China as Iran'.s important partner in digital economy. and said both states are standing in the same front to confront the US unilateralism in the field of information technology (IT).
Read More »Iranian Free Trade Zones to Ease India’s Access to Northern Markets
Free trade zones in South and North of Iran can serve as the gates of entry and exit for transiting Indian cargoes destined for Eastern and Northern Europe with helpful economic expemtions.
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