India to Introduce Rupay Card in Saudi Arabia
India’s Ministry of External Affairs (MEA) on Thursday announced that India will launch RuPay card, an indigenous equivalent of Mastercard or Visa, in Saudi Arabia during Prime Minister Narendra Modi’s visit to the Kingdom to help Indian pilgrims visit Makkah and Madina.
With this, Saudi Arabia would become the third country in the Gulf region to get the RuPay card facility after the UAE and Bahrain.
The Ministry also announced that a joint India-Saudi Arabia naval exercise will be held in December 2019.
Indian Prime Minister Narendra Modi is slated to visit Saudi Arabia on October 29, where he will hold a bilateral meeting with King Salman in Riyadh.
He will also attend the third session of the Future Investment Initiative (FII) Forum on the same day, where the Prime Minister will deliver the keynote address.
He is also scheduled to hold bilateral talks with Mohammad bin Salman, the Crown Prince of Saudi Arabia.