DSV and Saudi Arabia’s NEOM establish $10bn logistics joint venture
COPENHAGEN : DSV and Saudi Arabia’s ‘NEOM’ special economic zone have announced a $10bn logistics joint venture (JV) to support the development of NEOM Projects. The JV will focus on providing ground, sea and
Piyush Goyal attends 7th Future Investment Initiative
RIYADH : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Shri Piyush Goyal attended the 7th Edition of Future Investment Initiative (FII) from 24th to 25th October 2023.
Global shipping might get affected by Middle East conflict : Reports
DHAKA : In yet another concerning development for the export-oriented apparel industry of Bangladesh, Syed Mohammad Arif, President of the Bangladesh Shipping Agents Association (BSAA), reportedly expressed this concern. Israel’s attacks on Gaza, in
China imposes export controls on Graphite, rattling EV supply chains amid Global tensions
BEIJING: In a move that has sent shockwaves through the global market, China has announced stringent export controls on specific graphite products, effective from December 1, 2023. The Chinese government, citing “national security concerns,”
German business activity slump suggests recession ‘well underway’ -PMI
BERLIN : Business activity in Germany contracted for a fourth straight month in October as manufacturing’s downturn was matched by a renewed decline in services, a preliminary survey showed on Tuesday, suggesting a recession
India and Saudi Arabia discuss ways to increase bilateral investments
RIYADH : Commerce and Industry Minister Shri Piyush Goyal on Tuesday met Saudi Arabia’s Minister of Investment Khalid A Al-Falih, and discussed ways to boost bilateral investments between the two countries in different sectors.
Mumbai faces unprecedented business exodus as diamond tycoon relocates to Surat
SURAT : In a historic move that has left the corporate world in awe, billionaire diamond businessman Vallabh Lakhani, affectionately known as Vallabh Kaka, is set to bid adieu to the bustling streets of
India, Indonesia to hold high-level meetings to discuss boosting Sabang Port infrastructure
NEW DELHI : The Governments of India and Indonesia will hold multiple high-level meetings from November 20-24 to finalise details to develop the infrastructure at Sabang Port in the archipelago’s Aceh province, multiple officials
