Chery and BYD face $53 million repayment after audit questions Chinese green-car subsidies
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government au...
Indian Prime Minister Narendra Modi arrived in Jeddah on Tuesday for a two-day visit aimed at strengthening economic, energy, and diaspora-related ties with Saudi Arabia.
“India deeply values its long and historic ties with Saudi Arabia that have acquired strategic depth and momentum in recent years,” Modi said in a statement from his office, emphasizing the importance of bilateral relations.
Saudi Arabia remains a vital energy partner for India, which relies heavily on petroleum imports to fuel its fast-growing economy. The Kingdom is currently India’s third-largest crude oil supplier, according to the Indian foreign ministry.
In addition to energy cooperation, the visit highlights the role of over two million Indian nationals residing in Saudi Arabia, who have contributed significantly to the country’s infrastructure and continue to send substantial remittances back to India.
During his visit, Modi is expected to meet with members of the Indian community and hold discussions on further expanding economic cooperation. In an interview with Arab News, he revealed that both countries are exploring joint ventures in refineries and petrochemicals and examining the feasibility of regional electricity grid interconnectivity.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Kazakhstan's Ministry of Transport and Afghanistan's Ministry of Public Works have reached an agreement on the construction of a new railway line to connect Central Asia and South Asia, which will increase the efficiency of the North-South corridor.
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government audit said nearly 22,000 cars sold up to 2020 should never have qualified for clean-energy incentives.
Uzbekistan and the State of Eritrea signed a Joint Communiqué on the establishment of diplomatic relations through their respective UN Missions.
China said it is ready to "continuously" boost strategic coordination with Moscow. Chinese Foreign Minister Wang Yi told Russian counterpart Sergey Lavrov in Kuala Lumpur on Thursday that Beijing is prepared to help safeguard both countries’ security and development interests.
The United States has imposed sanctions on 22 entities linked to a transnational network engaged in illicit oil trade on behalf of the Iranian regime.
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