Showing posts with label Saudi Arabia. Show all posts
Showing posts with label Saudi Arabia. Show all posts

Tuesday, 12 August 2025

What is the ultimate objective of Netanyahu?

If we strip away the diplomatic language and look at Netanyahu’s actions in Gaza through the lens of political strategy rather than morality, the objectives many analysts see are not just about “defense” — they align with a set of long-term political, security, and ideological goals.

Here’s how many observers interpret what he seeks to attain:

Erase or cripple Palestinian political sovereignty

By devastating Gaza’s infrastructure, governance, and population capacity, Netanyahu can make any future independent Palestinian state nearly impossible to sustain. This aligns with the position of many in his coalition who reject a two-state solution entirely.

Consolidate his own political survival

Netanyahu has faced massive protests, corruption trials, and political instability. War shifts the national focus to “security,” rallying his right-wing base and delaying domestic accountability.

Cement Israel’s control over territory

By depopulating or making parts of Gaza uninhabitable, Israel could increase its long-term security buffer and limit the demographic growth of Palestinians near its borders.

Appease ultranationalist coalition partners

His government depends on far-right figures who openly call for resettling Gaza with Israelis and removing large numbers of Palestinians. Maintaining their support keeps his fragile coalition in power.

Send a deterrent message regionally

By showing overwhelming force, Netanyahu signals to Hezbollah, Iran, and other adversaries that challenges to Israel will be met with total military dominance.

Align with Zionist ideology

Some in Netanyahu’s camp believe a “Greater Israel” — without a viable Palestinian state — is the only acceptable outcome. The destruction of Gaza is seen as a step toward making that reality irreversible.

Moral of the story

It may be concluded that the genocide accusation isn’t just about punishing Hamas; it’s about shaping a future where Palestinian political and demographic influence is permanently weakened, while Netanyahu secures his political survival and cements an ideological vision.

 

Thursday, 7 August 2025

Pleasing Trump may annoy Saudi Arabia

Energy diversification is smart, but foreign policy tact is essential.

Importing US crude oil may please US President Donald Trump, but it could also annoy Saudi Arabia, especially given the special relationship between Pakistan and the Kingdom, which includes:

Long standing energy ties
Saudi Arabia is Pakistan’s largest crude oil supplier, often providing oil on deferred payment (US$3 billion oil credit facility renewed multiple times).

Financial assistance
Saudi Arabia has provided billions in loans, deposits, and grants to support Pakistan’s economy, particularly during IMF negotiations.

Strategic alignment
The Saudi-Pakistan relationship is not just economic but also political and military, including defense cooperation and labor remittances.

Though, to begin with import of crude oil from United will be small, the move could strain ties between Pakistan and Saudi Arabia.

Geopolitical optics
Importing US crude might be seen as Pakistan pivoting westward, especially if framed as part of a larger US trade deal.

Loss of market share

Even a 10% reduction in demand from a long-time buyer like Pakistan might raise commercial and symbolic concerns.

Trust and alignment issues

If the decision isn't communicated diplomatically, Riyadh may perceive it as ungrateful, especially if deferred payment oil continues.

Not necessarily a rupture

Scale is limited
Pakistan is not replacing Saudi oil. The pilot phase is just 10% of imports. It's a diversification move, not a shift in allegiance.

Economic logic
The US crude provides lighter grades and higher gasoline yield, improving domestic refining output. If positioned as a technical decision, it’s easier to justify.

Diplomatic communication
Pakistan can explain this as part of energy diversification—a common practice by many countries—and reaffirm its strategic ties with Riyadh.

Pakistan should do:

Step

Why it matters

Engage Saudi leadership in advance

Avoid surprises and reassure that US crude is a supplement, not a replacement

Reaffirm oil diplomacy

Continue or even expand the deferred payment arrangement with Saudi Arabia

Highlight refining needs

Explain that lighter crude grades improve fuel mix, not reduce strategic ties

Balance optics

Avoid appearing to pivot entirely toward US or using this purely as a bargaining chip in US trade diplomacy

 

Bottom Line

Importing US crude could cause diplomatic unease in Saudi Arabia—especially if it's perceived as Pakistan drifting from its long-standing partner. But the impact can be minimized through: 1) Transparent diplomacy, 2) Economic rationale, and 3) Strategic reassurance

 

Tuesday, 5 August 2025

Significance of Iranian President's visit to Pakistan

The world knows that Iran was the first country to recognize Pakistan’s independence in 1947 and open its embassy in Karachi, which was then the capital of Pakistan. Likewise, Pakistanis were the first to officially recognize the victory of the Islamic Revolution in Iran in 1979.

The people of both countries share cultural, linguistic, historical, and religious ties, and have supported each other in both bitter and sweet moments throughout history. The cultural commonalities between the two nations are such that citizens of either country do not feel estranged or alien when traveling to the neighboring country.

In Tehran, prominent places such as Mohammad Ali Jinnah Highway and Pakistan Street exist. Likewise, in major Pakistani cities, including Karachi, street signs bearing names like Iran Avenue and streets named after Iranian poets like Ferdowsi, Saadi, Hafez, Khayyam, and others can be found.

Islamabad, the capital of the Islamic Republic of Pakistan, hosted Dr. Pezeshkian, President of Iran, and his accompanying delegation from August 02 to 03, 2025. This was, in fact, Pezeshkian’s first official visit to Pakistan since winning Iran’s 14th presidential election.

It is worth noting that in April 2024, the martyred Ayatollah Raisi also made a three-day visit to Pakistan, including the cities of Lahore, Karachi, and Islamabad, where he was warmly welcomed by the people and officials of that country. Following the helicopter crash and martyrdom of Ayatollah Raisi and his companions, Prime Minister Shehbaz Sharif of Pakistan, along with other officials, traveled to Tehran to pay their respects and attend the memorial ceremony.

In May of this year, Shehbaz Sharif once again visited Tehran to express his gratitude for Iran’s stance regarding the India-Pakistan war. Therefore, Dr. Pezeshkian’s recent visit was in response to Shehbaz Sharif’s invitation and, essentially, a reciprocation of his visit to Tehran.

Dr. Pezeshkian began his official visit in Lahore, the capital of Punjab province, by paying respects at the mausoleum of Allama Iqbal, the Pakistani philosopher and poet. It is said that over 8,000 verses of Iqbal’s poetry comprising 70% of his total works are written in Persian.

During the continuation of the visit in Islamabad, the Iranian delegation met with the Prime Minister, President, Foreign Minister, Army Chief, Speakers of the Senate and National Assembly, and Pakistani business community, seeking to implement the "Neighbor First" policy in practice. 

The current volume of annual trade between the two countries is about US$3 billion, yet many economic and commercial potentials remain untapped. During this recent visit, 12 cooperation agreements were signed in areas such as transportation, science and technology, tourism, and free trade, which, if implemented, could significantly boost bilateral relations.

One indicator of strong political relations is the frequent travel of officials between countries. In less than two years, top officials from Iran and Pakistan have visited each other’s countries four times, not including the meetings held on the sidelines of key regional and international summits. These frequent meetings highlight the close bond and significance of the relationship particularly now, when there is a growing need to expand cooperation.

Over the past few decades, Iran-Pakistan relations have enjoyed relative stability, and mutual visits and exchanges between officials have been a regular occurrence. What gives special importance to the recent presidential visit to Pakistan is the unique political situation and the developments that have taken place in recent months in South and West Asia and even globally.

The four-day war between India and Pakistan in May 2025, as two nuclear powers, created a highly sensitive situation in the region. Although brief, the consequences of this conflict continue to affect both countries and the broader region and world.

Additionally, the ongoing war and genocide in Gaza have significantly influenced global politics. In this context, the stances of Islamic countries such as Iran and Pakistan are of great importance. Tehran and Islamabad have consistently adopted shared, firm positions and have emphasized full support for the Palestinian cause. The 12-day imposed war by Israel on Iran drastically altered the geopolitics of the region and the Islamic world.

Pakistan’s positions as one of the largest and most influential Muslim nations and a nuclear power have been crucial, and the Iranian public and officials have always appreciated Pakistan’s brave and brotherly stance.

Islamabad's officials have expressed their appreciation, in various ways, for Iran’s goodwill and initiative in offering to mediate between the two countries, and for the highly important visit of Iran’s Foreign Minister Dr. Araghchi to Pakistan and India to reduce the tensions.

A key factor linking Iran and Pakistan’s foreign policies is the sensitivity of public opinion in both nations toward the Palestinian issue and their mutual opposition to Zionist occupation and crimes in Gaza. This shared stance is rooted in the principled policies laid down by the founding leaders of both nations, Imam Khomeini and Muhammad Ali Jinnah and continues today. Currently, there is deep concern over the joint illegal actions of the Zionist regime and the United States against Iran’s nuclear facilities, and the potential for similar scenarios to be repeated elsewhere.

The condemnation of the Zionist regime’s aggressive attack on Iran by Pakistan’s permanent representative at the UN Security Council, as a non-permanent member and rotating president, was well-received. Pakistan’s support for dialogue and negotiation and its affirmation of Iran’s right to nuclear knowledge were also reflected in the joint press conference held by Shehbaz Sharif and Dr. Pezeshkian.

Iranian and Pakistani officials have come to a shared understanding that the 900 plus km border between the two nations should transition from being a security border to an economic one. The two sides have created joint mechanisms to improve coordination in the fight against terrorism. There exists an ocean of untapped potential in both countries, which requires serious political will to activate. The travel of hundreds of thousands of Pakistani pilgrims as part of religious tourism is one such opportunity.

Currently, two land borders at Rimdan and Mirjaveh are operational, facilitating travel for tourists and traders. Strengthening infrastructure is essential for increasing travel between the two peoples. People-to-people ties and citizen interactions can play a critical role in raising awareness of each other’s capabilities. 

Meeting mutual needs given that the two economies complement each other should be a top priority for private sectors and businesspeople in both nations. Much of what Iran imports from other countries is easily accessible in Pakistan, and Pakistan exports goods that Iranians also import from various sources.

Pakistan can meet many of its needs through Iranian producers and benefit from the proximity and low logistics costs. There is an urgent need to upgrade the joint Iran-Pakistan Chamber of Commerce to play a more significant role.

An Iranian proverb says, “A good neighbor is better than a distant relative.” Pakistan is both a good neighbor and a good relative and we Iranians are grateful for this valued neighbor.

Courtesy: Tehran Times

 

Saturday, 2 August 2025

Upcoming visit of Iranian President to Pakistan

Iran-Pakistan relationship are unique — one defined not simply by geography, but by centuries of shared civilizational experience, religious affinity, cultural kinship and converging strategic interests. The two sovereign nations can gain from an enduring partnership — and even more to contribute to the future of the region.

The upcoming state visit of Iranian President Masoud Pezeshkian to Pakistan reflects this growing momentum. It builds upon a history of high-level engagement that includes the late President Ebrahim Raisi’s landmark visit to Islamabad and Prime Minister Shehbaz Sharif’s reciprocal visit to Tehran.

These exchanges, along with sustained diplomatic consultation between senior officials of both the countries, represent a deepening alignment that extends well beyond ceremonial diplomacy. These reflect a conscious, strategic choice to elevate the bilateral relationship into one of regional consequence.

Iran and Pakistan share a 900-kilometre border that is more than a line dividing two states; it is a bridge that has connected peoples and civilizations for centuries. Through this frontier flowed not only trade, but ideas, languages, poetry and faiths that continue to animate our societies today.

From the celebration of Nowruz to shared Sufi traditions, the depth of cultural and spiritual interconnection has forged an enduring sense of familiarity and trust that forms the bedrock of political cooperation.

As two proud Muslim nations, Iran and Pakistan are anchored in the principles of Islam -- justice, compassion and solidarity. These values are not only sources of internal cohesion; they serve as guiding lights for international engagement. The two countries stand together in support of causes such as the Palestinian struggle, to speak out against injustice and to promote peace through cooperation and mutual respect.

Their economic complementarities offer enormous potential. Pakistan’s agricultural dynamism and Iran’s abundant energy resources, coupled with shared interest in connectivity, provide a natural basis for integration.

In addition to sectoral synergies, both nations share a long-term interest in fostering an open, equitable, and interdependent regional economy. By aligning visions, Iran and Pakistan can build a sustainable economic partnership grounded in mutual resilience, technological progress and inclusive growth. Such cooperation can play a transformative role in lifting communities, creating employment and promoting a model of development that benefits the wider region.

At a time transnational threats continue to endanger their security, Iran and Pakistan remain vigilant against terrorist networks operating in border regions. Coordination in counterterrorism is not an option; it is an imperative.

Beyond local threats, both countries face broader strategic concerns arising from aggressive postures in the region. The Israeli regime’s ongoing genocide in Gaza, its occupation of Syria and Lebanon, and its recent unprovoked attacks on Iranian territory underscore the urgency of a collective response to belligerent forces that thrive on instability and domination. Responsible states cannot afford silence. It is time to strengthen coordination, deepen security cooperation and articulate a clear and united stance in international forums.

Iran deeply appreciates the principled position taken by the Government of Pakistan in unequivocally condemning the June 2025 Israeli and American military aggression against Iranian territory. At a time Western powers chose to stand on the wrong side of history, Pakistan stood firmly for international law, regional stability and solidarity with its neighbour.

Equally moving was the heartfelt support expressed by the people of Pakistan, whose spontaneous outpourings of compassion resonated deeply across Iranian society. The Iranian people watched with gratitude as their Pakistani brothers and sisters raised their voices in their support. This display of empathy and unity will never be forgotten. It reaffirmed the profound depth of our bond and the strength of the values we share.

Iran and Pakistan also enjoy a record of close cooperation across multilateral institutions. At the UN, the two have consistently worked together to defend the rights of the Palestinian people and advance sustainable development goals.

Within the Organization of Islamic Cooperation, we advocate for addressing the pressing challenges of the Muslim Ummah. As active members of the Shanghai Cooperation Organization, the Economic Cooperation Organization, and the D-8, pursue shared objectives in connectivity, economic integration, and regional peace.

Coordinated diplomacy amplifies their voice on the global stage and helps steer international discourse towards justice, equity, and multilateralism. This collaboration is not limited to crisis management. It also reflects a broader strategic convergence.

Both Iran and Pakistan uphold principles of sovereignty, non-interference, and the peaceful resolution of disputes. Both are committed to a regional order in which Muslim nations shape their own destinies and cooperate toward collective prosperity.

Their partnership holds promise in trilateral and broader regional settings as well. With Afghanistan as their mutual neighbour, the two share an interest in stabilizing the country and ensuring that peace and development replace conflict and extremism. By integrating their economic strategies and leveraging geostrategic positions, Iran and Pakistan can help transform the region into a hub of cooperation rather than competition.

The creation of functional trade and transit corridors, grounded in mutual benefit, brings tangible dividends to our peoples and reaffirms our leadership in crafting a forward-looking regional architecture.

The path ahead calls for unity, clarity of purpose, and a willingness to transform shared aspirations into lasting institutions and practical achievements. Enhancing diplomatic dialogue, expanding economic ties, fostering educational and cultural exchanges and institutionalizing cooperation on security and development will give real depth and resilience to our relationship.

President Pezeshkian’s visit provides an opportunity not only to reaffirm commitments but to reimagine possibilities. In doing so, the two may draw inspiration from Allama Iqbal — Pakistan’s national poet and a profound admirer of Persian thought — who reminded us that the soul of nations is shaped not in fleeting political cycles, but in enduring moral and spiritual visions. His words resonate still: “Nations are born in the hearts of poets; they prosper and die in the hands of politicians.”

Iran-Pakistan friendship is not merely a relic of the past; it is a strategic investment in the future. In unity, they find strength. In cooperation, they find purpose. And in mutual respect, they find the foundation for lasting peace and shared progress.

 

Monday, 28 July 2025

Two-state solution key to regional stability

Saudi Foreign Minister Prince Faisal bin Farhan affirmed the Kingdom’s unwavering belief in the two-state solution as the key to regional stability.

Prince Faisal made his remarks during the opening of the high-level international conference on the peaceful settlement of the Palestinian issue and the two-state solution at the United Nations in New York on Monday.

Co-hosted by Saudi Arabia and France, the conference marks a pivotal step toward advancing concrete international action to implement the two-state solution and end the decades-long conflict.

“The Kingdom believes that the two-state solution is the key to stability in the region,” Prince Faisal said in his opening remarks, adding that the New York conference represents a critical turning point toward its implementation.

He stressed that achieving regional stability begins by granting the Palestinian people their legitimate rights, and welcomed French President Emmanuel Macron’s recent pledge to recognize the State of Palestine.

Prince Faisal also called for an immediate end to the humanitarian catastrophe in Gaza and announced that Saudi Arabia and France have facilitated the transfer of US$300 million from the World Bank to support Palestinians.

He reiterated that the Arab Peace Initiative remains the foundation for any comprehensive and just resolution, while also emphasizing the importance of supporting the International Coalition for the Two-State Solution.

French Foreign Minister Jean-Noël Barrot echoed the urgency of action, condemning the ongoing targeting of civilians in Gaza. “This war has gone on far too long and must end,” he said.

Barrot urged the international community to make the two-state solution a tangible reality, describing the conference as a “turning point” that has generated “unstoppable momentum toward a political resolution in the Middle East.”

United Nations Secretary-General António Guterres thanked Saudi Arabia and France for organizing the conference, describing it as “a unique opportunity to seize the current momentum.”

Guterres emphasized that the conflict can be ended with real political will, and reaffirmed the UN’s commitment to the two-state solution.

He also condemned the illegal annexation of the West Bank, stating that all actions undermining a two-state solution must stop.

Palestinian Prime Minister Mohammad Mustafa described the two-state solution as a historic opportunity for all, and expressed deep gratitude to Saudi Arabia and France for spearheading the conference.

He stressed that the conference sends a clear message to Palestinians that the world stands with them. Mustafa also called for Palestinian unity and urged Hamas to hand over its weapons to the Palestinian Authority.

He proposed the deployment of international forces — coordinated with the PA — to protect civilians, adding, “We are ready to fulfill all our obligations in Gaza. Peace is the only way forward.”

The New York conference aims to lay the groundwork for an end to Israeli violations in the occupied territories and revive international consensus on the two-state framework as a path to lasting peace and regional security.

 

 

Sunday, 27 July 2025

Iran-Saudi Cordial Ties Upset US and Israel

Growing amicable relations between Iran and Saudi Arabia have played a significant role in promoting peace and security in West Asia over the past years. Such cordial ties have come into even sharper focus following Israel’s aggression against Iran last month.

On June 13, Israel launched unprovoked strikes on Iranian territory, targeting high-ranking military commanders, nuclear scientists, and civilians alike. The United States later joined the Israeli war effort, launching attacks on three of Iran’s nuclear facilities—actions widely viewed as violations of the United Nations Charter and the Non-Proliferation Treaty.

In a swift and powerful response, Iranian Armed Forces launched retaliatory strikes on strategic Israeli targets in cities such as Tel Aviv and Haifa, and struck the al-Udeid air base in Qatar—the largest American military installation in West Asia.

By June 24, Iran’s coordinated operations had effectively brought Israeli and American aggression to a halt.

The scale and precision of Iran’s missile power shocked Israel and its Western allies, particularly the United States. 

 “Although Israel has its own sophisticated, multilayered defense, which includes systems like Arrow, David’s Sling and Iron Dome, the country was running low on its own interceptors and was husbanding resources by the time the conflict ended.

Had Iran fired a few more large volleys of missiles, Israel could have exhausted its supply of top-tier Arrow 3 munitions,” The Wall Street Journal reported on Friday, citing American officials familiar with the 12-day war. 

The Journal also revealed that despite deploying two advanced THAAD missile-defense systems to Israel in the wake of the conflict, the US efforts proved insufficient to fully stop Iran’s missile barrages. 

“Operating alongside Israeli systems, THAAD operators burned through munitions at a furious clip, firing more than 150 missiles to shoot down the waves of Iranian ballistic missiles,” the paper reported.

The intensity of the Iranian attacks created such a high demand for interceptors that, according to the Journal, the Pentagon considered diverting THAAD interceptors already purchased by Saudi Arabia to Israel. “Saudi Arabia refused US request to send interceptors to Israel”

Meanwhile, according to Middle East Eye, which cited two American officials, the US asked Saudi Arabia to turn over THAAD interceptors to help Israel, but Riyadh rejected the request.  “Saudi Arabia's refusal to help Israel will sting officials in Washington,” MEE added. 

Saudi Arabia’s “no” to the US demand underscores the deepening ties with Iran. 

On July 8, Saudi Crown Prince Mohammed bin Salman (MBS) held talks with Iranian Foreign Minister Abbas Araghchi in Jeddah. In the meeting, the Saudi crown prince condemned any military aggression against Iran’s sovereignty and territorial integrity. He welcomed the improving climate of cooperation between the two Islamic powers.

Araghchi, in turn, “thanked Saudi Arabia for its responsible stance in condemning the Israeli aggression against Iran.”

He put emphasis on Iran’s commitment to building stronger ties with its neighbors, including Saudi Arabia based on principles of good neighborliness and mutual interest.

Araghchi also held talks with Saudi Defense Minister Prince Khalid bin Salman and Foreign Minister Prince Faisal bin Farhan, reaffirming the countries’ commitment to closer strategic cooperation.

China’s mediation drives Iran-Saudi unity for regional stability

The renewed diplomatic warmth is rooted in a 2023 agreement brokered by China, which saw Iran and Saudi Arabia formally restore ties after years of estrangement. Since then, China's constructive mediation has played a key role in bringing Tehran and Riyadh closer together.

As the dust settles on the most intense Israel-Iran war in recent memory, the strengthening bond between Iran and Saudi Arabia emerges as a powerful force for stability in West Asia. Their growing diplomatic, political, and economic cooperation is not only reshaping the region's strategic landscape—but also offering a compelling alternative to the cycles of escalation driven by Israeli aggression.

Once geopolitical rivals, Tehran and Riyadh now appear poised to lead a new era—one rooted in sovereignty, mutual respect, and collective security. Their united front sends a clear message: regional peace is best preserved not through foreign intervention or militarism, but through regional unity and shared interests.

In a time of increasing volatility, Iran and Saudi Arabia are demonstrating that Islamic nations can rise above division and become pillars of stability—capable of defending their people, upholding international law, and resisting those who threaten the peace of the region. The path they have chosen may well define the future of West Asia.

 

 

 

 

Monday, 14 July 2025

Saudi energy minister urges action to address energy poverty

Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, emphasized the urgent need to tackle global energy poverty during his address at the OPEC International Seminar in Vienna on Monday, reports Saudi Gazette.

Highlighting one of the most pressing global energy challenges, the minister cited United Nations estimates that 1.2 billion people suffer from energy poverty — a figure he believes could be nearly three times higher in reality.

He noted that over two billion people still rely on traditional, unsafe cooking fuels, which contribute to pollution and health hazards.

Prince Abdulaziz revealed that a dedicated Saudi team is actively working across Africa and Southeast Asia to address energy poverty, engaging directly with governments to implement practical solutions.

The minister underscored the Kingdom’s consistent energy policies and its commitment to translating them into real-world outcomes.

He cautioned that the global energy transition should not come at the expense of economic development, urging that each country’s economic context be considered in crafting energy strategies.

He further stressed the need for a balanced global energy mix, where oil and gas remain essential components alongside the expansion of renewable energy sources.

With global population projections reaching nearly 10 billion by 2050 and energy demand expected to rise by 50%, he said a diverse approach is crucial to ensuring sustainable energy access.

 

Saturday, 5 July 2025

Saudi Arabia among world top donors

The Saudi Aid Platform has revealed that the total value of financial assistance provided by Saudi Arabia to around the world is amounted to approximately SR528.4 billion (US$140.9 billion), cementing the Kingdom's position as one of the largest donors globally.

The Saudi official platform revealed that Egypt topped the list of countries that benefited most from Saudi aid, with a total of US$32.49 billion, followed by Yemen with US$27.69 billion, and then Pakistan with US$13.19 billion. The list of countries that benefited the most also included Syria (US$7.53 billion) Iraq (US$7.33 billion) and Palestine (US$5.37 billion).

These figures reflect the Kingdom's commitment to its humanitarian and development role by supporting peoples and countries in confronting humanitarian crises and natural disasters, and achieving sustainable development.

These efforts are part of the realization of Saudi Vision 2030 goals that focus on strengthening international partnerships and establishing the Kingdom as a pillar of regional and international peace and stability, under the leadership of Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman.

It is noteworthy that the Saudi Aid Platform is the precise electronic reference for the Kingdom's foreign contributions. The platform is divided into three categories: humanitarian, development and philanthropic projects, contributions to international organizations and bodies, and visitors’ services (refugees living inside the Kingdom).

The Saudi Aid Platform, inaugurated by King Salman in 2018, highlights the size and type of assistance provided by Saudi Arabia. The King Salman Humanitarian Aid and Relief Centre (KSrelief) re-launched this platform.

Due to the multiplicity of Saudi donor entities, this platform has become an imperative and effective tool for collecting, coordinating and documenting statistics on international assistance provided by the Kingdom to countries and people in need around the world.

Friday, 4 July 2025

OPEC Plus likely to accelerate oil output hike

OPEC Plus is likely to announce an increase in oil output for August at its meeting on Saturday, July 05, 2025. It will be larger than the 411,000 barrels per day (bpd) hikes announced in May, June and July, reports Reuters.

Oil futures slipped slightly due to US Independence Day holiday on Friday, as the market looked ahead to this weekend's OPEC Plus meeting and the likelihood that member countries will decide to raise output. Brent crude futures settled down at US$68.30 a barrel while US West Texas Intermediate declined US$66.50 at 1700 GMT.

Eight members of the group - Saudi Arabia, Russia, the UAE, Kuwait, Oman, Iraq, Kazakhstan and Algeria - are scheduled to meet online on Saturday to decide their oil output policy for August.

OPEC Plus made a radical change in policy this year when the eight members started to unwind their most recent output cut of 2.2 million bpd starting in April. They then accelerated the hikes in May, June and July to 411,000 bpd for each month, despite the extra supply weighing on crude prices.

Earlier on Friday, other sources told Reuters the group was expected to agree to an increase of 411,000 bpd for August, which remains a possible outcome of Saturday's meeting.

The total number of active drilling rigs in the US has been on the decline, reaching its lowest level since late 2021 in June 2025, driven by lower oil prices, a focus on shareholder returns over production increases, and strategic shifts within the energy sector. As of early July 2025, the total US rig count was reported at approximately 539, down from 547 the previous week and 581 a year ago, with oil rigs seeing the most significant decrease.

The acceleration of the output hikes came after some OPEC Plus members, such as Kazakhstan, produced way over their targets, angering other members that were sticking more closely to agreed cuts.

Kazakh output returned to growth last month and matched an all-time high, as the Chevron-led Tengiz field ramped up.

OPEC Plus, comprising of Organization of the Petroleum Exporting Countries and allies led by Russia, is looking to expand its market share against the backdrop of growing supplies from other producers like the United States.

The group pumps about half of the world's oil. As of their decision for July output, the OPEC Plus eight have made or announced production increases of 1.37 million bpd. This is 62% of the production cut of 2.2 million bpd that they are unwinding.

 

 

 

 

 

 

Wednesday, 2 July 2025

Saudi Arabia commissions first THAAD missile defense unit

The Saudi Royal Air Defense Force officially inaugurated the first unit of the Terminal High Altitude Area Defense (THAAD) missile system during a ceremony held at the Air Defense Forces Institute in Jeddah, the Ministry of Defense announced.

The unit was commissioned into service following the successful completion of system testing, evaluation, and field training of personnel within the Kingdom.

The ceremony was attended by Lt. Gen. Mazyad Al-Amro, Commander of the Royal Saudi Air Defense Forces, who formally handed over the unit’s flag to the commander of the 1st Air Defense Group, marking its operational readiness.

The deployment of the first THAAD battery is part of a broader defense project aimed at boosting the Kingdom’s air defense capabilities and ensuring the protection of vital strategic infrastructure and national interests.

Previously, the Air Defense Forces had graduated personnel for the first and second THAAD units after they completed specialized training courses at Fort Bliss in the US state of Texas.

Monday, 23 June 2025

Saudi Arabia and other Gulf states strongly condemn Iranian attack on Qatar

Saudi Arabia and other Gulf Cooperation Council (GCC) states strongly condemned the aggression launched by Iran against the State of Qatar, reports Saudi Gazette.

"Saudi Arabia views this act as a flagrant violation of international law and the principles of good neighborliness," the Ministry of Foreign Affairs said in a statement, while asserting that it is unacceptable and cannot be justified under any circumstances.

Saudi Arabia affirmed its solidarity and full support for Qatar, stating that it is deploying all its capabilities to support Qatar in all measures it deems necessary, according to the statement carried by the Saudi Press Agency.

The United Arab Emirates (UAE) strongly condemned the Iranian Revolutionary Guard’s targeting of Al Udeid Air Base in Qatar, describing the act as a blatant violation of Qatar’s sovereignty and airspace, as well as a clear breach of international law and the United Nations Charter.

The UAE reaffirmed its unequivocal rejection of any aggression that endangers Qatar’s security and undermines regional stability, according to a statement issued by the UAE Ministry of Foreign Affairs.

The ministry expressed the UAE’s full solidarity with Qatar and its unwavering support for all measures aimed at safeguarding the safety and security of its citizens and residents. The ministry also emphasized the urgent need to de-escalate militarily, warning that continued provocative actions risk destabilizing regional security and could lead the region down a dangerous path with potentially catastrophic consequences for international peace and stability.

Oman’s Foreign Ministry has condemned the ongoing regional escalation in the region, which was caused by Israel with the attack on Iran on June 13 and the continuous exchange of missile attacks since then, including the recent Iranian missile attack on sovereign sites in Qatar.

The Sultanate of Oman has condemned the act that violates the sovereignty of a member state of the Gulf Cooperation Council, contradicts the policy of good neighborliness, and threatens to expand the scope of the conflict, which has no benefit except more damage and destruction and undermines the foundations of security, stability, and the safety of the peoples of the region.

The foreign ministry spokesman expressed Oman's solidarity with the State of Qatar and the measures it is taking to preserve its security and stability. The spokesman also called for an immediate cessation of all military and missile operations, the adoption of wisdom in resorting to peaceful negotiations, and adherence to international law in addressing the causes of the conflict and achieving a just settlement through legitimate means.

Bahrain strongly condemned the attack carried out by the Iranian Revolutionary Guard Corps targeting the sovereignty of the State of Qatar and considered it a blatant violation of Qatar’s sovereignty and airspace, as well as a breach of international law and the Charter of the United Nations.

In an official statement, Bahrain affirmed its full support and solidarity with Qatar following the Iranian attack on Qatari territory. Bahrain expressed its unwavering support of Qatar, emphasizing that this solidarity stems from the deep-rooted bonds among the GCC states. The Kingdom underscored the importance of collective unity during this critical period, calling for concerted efforts to exercise restraint, avoid escalation, and resolve disputes through peaceful means.

Kuwait strongly condemned Iran’s missile attack on Al-Udeid Air Base in Qatar, the foreign ministry said in a statement on Monday, calling the strike a “flagrant violation of Qatar’s sovereignty and airspace.” The attack represents a violation of international law and UN Charter, and poses a major threat to regional peace, security and stability, the ministry said.

Kuwait stands fully with Qatar and fully supports all measures it may take in order to protect its sovereignty, security and stability, including its right to retaliate in the way it deems fit, the ministry said, reiterating Kuwait’s readiness to provide all capabilities in helping Qatar.

GCC Secretary General Jassim Albudaiwi condemned in the strongest terms the missile attack launched by Iran against Qatar. "This attack constitutes a flagrant violation of the sovereignty of Qatar and a direct threat to the security of all GCC states," he said while reiterating that the security of the GCC states is indivisible, and that the council stands united with the State of Qatar in confronting any threat to its security and territorial integrity.

"While the State of Qatar and the GCC states strongly condemn the Israeli attacks on Iranian territory and are making every effort to achieve a ceasefire and mediation, they are surprised by this Iranian missile attack, which constitutes a violation of all international and UN norms, treaties, and laws," Albudaiwi said while calling on the international community and the UN Security Council to shoulder their responsibilities in condemning this aggressive act.

He also urged to take effective steps to deter Iran's irresponsible actions, as well as to work to restore stability and prevent further escalation in the region, and adopt dialogue and diplomacy to preserve the security of the region and the peace of its people.

Tuesday, 17 June 2025

Muslim countries reject Israeli attacks on Iran

Twenty Arab and Islamic countries, including Saudi Arabia, affirmed their condemnation and rejection of the Israeli attacks on Iran, reports Saudi Gazette.

In a joint statement released by the Egyptian Foreign Ministry, foreign ministers of these countries expressed their concern over the dangerous escalation that threatens the security and stability of the region.

The foreign ministers called for de-escalation with an immediate ceasefire. The signatory countries include Saudi Arabia, Egypt, Jordan, the United Arab Emirates, Pakistan, Bahrain, Brunei Darussalam, Turkey, Chad, Algeria, the Union of the Comoros, Djibouti, Sudan, Somalia, Iraq, Oman, Qatar, Kuwait, Libya, and Mauritania.

The foreign ministers expressed their condemnation and rejection of the launch of the Israeli attacks on Iran since the dawn of June 13, as well as practices that violate international law and the principles of the UN Charter.

They emphasized the need to respect the sovereignty and territorial integrity of states, the principles of good neighborliness, and the peaceful resolution of disputes.

The foreign ministers stressed the importance of making the Middle East a zone free of nuclear weapons and weapons of mass destruction in accordance with international resolutions.

They urged all countries in the region to join the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) without selectivity.

The signatory states rejected targeting nuclear facilities under International Atomic Energy Agency safeguards, as this constitutes a flagrant violation of international and humanitarian law under the 1949 Geneva Convention.

The foreign ministers called for the resumption of negotiations as soon as possible as the only way to reach a sustainable agreement on Iran's nuclear program.

They emphasized the importance of respecting freedom of navigation in international waterways in accordance with international law and preventing any threat to maritime security.

The Islamic countries emphasized that diplomatic solutions and dialogue are the only way to resolve regional crises, while adhering to the principles of good neighborliness and the UN Charter. They emphasized that military solutions will not contribute to resolving the crisis.

Saturday, 7 June 2025

Saudi Arabia urges end to Israeli atrocities

Saudi Crown Prince and Prime Minister Mohammed bin Salman reaffirmed the role of the international community in ending the disastrous repercussions of the Israeli aggression on Gaza. He made the remarks while addressing the annual reception for heads of state, leaders of countries and distinguished dignitaries performing Hajj this year at the Royal Court of Mina Palace on Saturday.

The Crown Prince delivered the speech on behalf of Custodian of the Two Holy Mosques King Salman. "This blessed Eid Al-Adha comes while our brothers in Palestine continue to suffer as a result of the ongoing Israeli aggression. We emphasize the role of the international community in ending the disastrous repercussions of this aggression, as well as in protecting innocent civilians, and working toward a new reality where Palestine can enjoy peace in accordance with international legitimacy resolutions," he said.

At the outset of the speech, the Crown Prince said, "It is our pleasure, from the vicinity of the Sacred House of God, to congratulate you and all Muslims around the world on the blessed Eid Al-Adha. We ask God Almighty to accept the pilgrims' Hajj and good deeds," he said.

The Crown Prince highlighted Saudi Arabia's lofty position in serving Islam and Muslims, especially the Hajj pilgrims. "God Almighty has honored this country with the service of the Two Holy Mosques and their visitors, including Hajj and Umrah pilgrims and visitors. Saudi Arabia has placed this at the forefront of its priorities, devoting all its capabilities to serving the guests of God and facilitating performance of their rituals in ease and comfort," he said while reaffirming that Saudi Arabia, with God's help and guidance, will continue this endeavor, recognizing the great responsibility and honor of service.

"We ask God Almighty to perpetuate security and stability in our country, and in all Muslim countries and across the world, and to accept the Hajj of the pilgrims to the Sacred House of God, and enable them return safely to their families," the Crown Prince added.

The reception was attended by several eminent Islamic figures, guests of the King, guests of government agencies, heads of delegations, and pilgrim affairs offices. The dignitaries included President of Mauritania Mohamed Ould Cheikh El Ghazouani, President of Maldives Dr. Mohamed Muizzu, Vice President of Benin Mariam Chabi Talata Zimi Berima; and former Somali President Sharif Sheikh Ahmed.

Minister of Hajj and Umrah and Chairman of the Hajj Guests Service Program Committee Dr. Tawfiq Al-Rabiah, Secretary General of the Muslim World League for Jerusalem and Palestine and Grand Mufti of Jerusalem Sheikh Mohammed bin Ahmed Hussein, and Syrian Minister of Endowments Sheikh Mohammed Abu al-Khair Shukri also spoke on the occasion.

In his speech Al-Rabiah highlighted the most notable achievements of this year's Hajj season, including the implementation of 46 new energy projects with a total cost of over SR3 billion, as well as several projects in the transport and health sectors. This is in addition to several infrastructure projects with more than 300,000 square meters of shaded areas and updating of the Nusuk app to provide more than 130 digital services and streamlining of the Nusuk Masar digital platform.

Sunday, 1 June 2025

Saudi Arabia terms Israel blocking of Ramallah meeting extremism

Saudi Foreign Minister Prince Faisal bin Farhan said on Sunday that the Israeli government’s refusal to allow a delegation of Arab ministers to Ramallah in the occupied West Bank showed its “extremism and rejection of peace,” reports the Saudi Gazette.

Addressing a press conference in Amman after attending the extraordinary meeting of the Arab-Islamic Ministerial Committee on Gaza Strip, Prince Faisal also underscored that the creation of an independent Palestinian state is the only viable solution to the Israel-Palestine conflict.

Prince Faisal said, "The committee praised the reform agenda that Palestinian President Mahmoud Abbas is working on."

He stressed that the Palestinian Authority is facing a party that does not want any solutions. "The Palestinian Authority continues to fulfill its duties, and is committed to the agreements. The authority is considered the rational party in the crisis," he said.

Prince Faisal emphasized the importance of the international community's understanding of the true nature of Palestinian positions, which adopt a reformist approach to internal affairs, even in the most difficult circumstances.

 "This is aimed to fulfill their responsibilities toward the Palestinian people first, and then toward their neighbors and the international community," he said.

The Saudi minister criticized Israel's negative approach toward protecting Palestinian rights. "We see nothing but violence, and in Gaza we see nothing but a war of extermination, and in the West Bank there are successive steps clearly aimed at weakening the Palestinian cause."

He reiterated the Kingdom's position that those who adopt the approach of "no solution except through a two-state solution" must adopt positions that support this approach, including recognition of Palestine.

Prince Faisal emphasized that Israel's actions, such as the refusal of the Arab-Islamic Ministerial Committee's entry to the Palestinian city of Ramallah, clearly demonstrate the extent of Israel's understanding of the international position on the importance of alternative solutions. In the same context, he presented a viewpoint on the rumors, emphasizing the importance of countries that adopt a public policy stating that there is no solution to the Arab-Palestinian-Israeli conflict except through a viable two-state solution, underlining this position and allowing for the recognition of Palestine. This would send a clear message to Israel about the need to move forward in finding a path to establishing this state, reconciling and coexisting with it.

Saudi foreign minister also stressed that European positions on Israel are not sufficient, saying, "As Arabs and Muslims, we will not accept any solution other than the establishment of a Palestinian state."

It is noteworthy that the Arab-Islamic Ministerial Committee on Gaza announced the postponement of its planned visit to Ramallah, scheduled for Sunday, due to Israel's obstruction of its mission by refusing the delegation's entry into the airspace of the occupied West Bank, which is controlled by Israel, according to a statement issued by the Jordanian Foreign Ministry.

Prince Faisal bin Farhan arrived in Jordan to attend the meeting of the Arab-Islamic Ministerial Committee and supporting efforts to end the war and blockade on Gaza, as part of the committee's ongoing world tours.

The Saudi minister said that the Palestine issue figured highly during his meeting with Jordanian King Abdullah.

Monday, 26 May 2025

Saudi Arabia and Kuwait announce new oil discovery

The governments of Saudi Arabia and Kuwait announced a new oil discovery in the North Wafra Wara-Burgan field, located approximately 5 kilometers north of the Wafra field in the Partitioned Zone between the two countries, reports Saudi Gazette.

According to the joint statement, crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) wellat a rate exceeding 500 barrels per day, with an API gravity of 26 to 27 degrees.

This is the first oil discovery since the resumption of production operations in the Partitioned Zone and its adjacent offshore area in mid-2020, when both countries restarted joint operations after a period of suspension.

The discovery is considered strategically significant, as it reinforces Saudi Arabia and Kuwait’s roles as reliable global energy suppliers, and reflects their ongoing capabilities in exploration and production across shared oil fields

 

Wednesday, 21 May 2025

OPEC Plus pushing US shale producers out

OPEC Plus leaders Saudi Arabia and Russia seems to be working to take over US shale production to win back market share from the United States, reports Reuters.

OPEC's last price war on US producers 10 years ago ended in failure, as breakthroughs in technology and drilling allowed US shale companies to cut costs, compete at lower prices and in the following years take market share from the 12-member group.

US production is more vulnerable now to a price war. US shale producers have seen costs rise in the past three years. Their income is also falling due to declining global oil prices - linked in part due to the economic fallout from President Donald Trump's tariff policies.

Reuters spoke to 10 OPEC Plus delegates and industry sources briefed by Saudi Arabia or Russia on their production strategy.

Retaking some market share is one motivation for a May 03 decision to bring back output more rapidly than previously planned, according to four of the 10 sources, though none said the strategy constituted a price war yet.

To hurt shale producers today, OPEC Plus would need to push oil prices lower than their current levels of around US$65 per barrel to around US$55, said the sources, all of whom declined to be identified due to the sensitivity of the matter.

"The idea is to put a lot of uncertainty into plans by others with prices at below US$60 per barrel," said one industry source briefed on Saudi Arabia's thinking.

OPEC Plus, which includes OPEC members and fellow producers such as Russia and Kazakhstan, cited "the current healthy market fundamentals, as reflected in the low oil inventories" as its reasoning for the production decision.

OPEC Plus output hikes also come as the best quality shale areas in the biggest US oilfield, the Permian, have been depleted. As producers move toward secondary areas, production costs are rising. Inflation has added to those costs.

US oil production was already likely to fall this year, as top quality inventory has been drilled out, he said. And the US administration's tariff policies and the resulting volatile market have weighed heavily with bankruptcies expected across the industry, Guan added.

Earlier this month, the U.S. oil and gas rig count fell to its lowest since January, according to Baker Hughes.

Shale firm Diamondback Energy (FANG.O), opens new tab lowered its output forecast for 2025 earlier this month, saying that global economic uncertainty and rising OPEC+ supply have brought U.S. oil production to a tipping point.

 

Saturday, 17 May 2025

Saudi Arabia rejects Palestinian displacement

Saudi Arabia has reaffirmed its unequivocal rejection of the forced displacement of Palestinians “under any circumstances,” Minister of State for Foreign Affairs Adel Al-Jubeir said Saturday during the 34th Arab League Summit in Baghdad, reports Saudi Gazette.

He reiterated the Kingdom’s commitment to the establishment of an independent Palestinian state with East Jerusalem as its capital.

“The exceptional circumstances facing the Palestinian cause require us to intensify joint efforts to alleviate the humanitarian suffering of the Palestinian people and to stop the crimes and violations committed by the Israeli occupation forces,” Al-Jubeir said.

He described these acts as flagrant violations of the UN Charter and international law.

Al-Jubeir emphasized the need for a sustainable ceasefire in Gaza and condemned any attempts to impose solutions that undermine Palestinian aspirations for self-determination and statehood within 1967 borders.

He also denounced Israeli attacks on Syrian territory, and stressed the importance of supporting Syria’s sovereignty and stability.

Al-Jubeir praised US President Donald Trump’s recent decision to lift sanctions on Syria during his visit to the Kingdom, calling it “a great opportunity for recovery, development, and reconstruction.”

Turning to other regional conflicts, Al-Jubeir reaffirmed Saudi Arabia’s continued efforts to mediate peace in Sudan, calling for a complete ceasefire, humanitarian access, and the preservation of Sudan’s sovereignty and unity.

He reiterated Saudi Arabia’s support for a comprehensive political resolution in Yemen, and stressed the importance of maritime security and freedom of navigation in international waters.

Addressing Lebanon, Al-Jubeir voiced support for President Joseph Aoun’s efforts to reform state institutions and consolidate all arms under the authority of the state. He expressed hope that Lebanon’s government would meet the aspirations of its people and preserve national stability and unity.

Al-Jubeir concluded by urging stronger Arab cooperation and development to achieve a secure and prosperous future for the region.

Wednesday, 14 May 2025

Trump concludes visit to Saudi Arabia

US President Donald Trump departed Saudi Arabia on Wednesday after a landmark official visit that saw the signing of a strategic economic partnership with the Kingdom, participation in the Saudi–US Investment Forum, Gulf-US Summit, and a historic meeting involving Syria’s new leadership.

Crown Prince and Prime Minister Mohammed bin Salman was present at King Khalid International Airport in Riyadh to see off President Trump.

Trump’s visit marked his first official overseas trip during his second term. He was received at the airport on Tuesday morning by the Crown Prince, and the two leaders held multiple high-level engagements throughout the visit.

At Al-Yamamah Palace, Trump and the Crown Prince co-chaired the Saudi–US Summit, where they signed the Strategic Economic Partnership between the two governments. The summit addressed bilateral relations and regional security, and resulted in the exchange of numerous agreements and memoranda across key sectors including defense, energy, justice, health, space, and scientific research.

The visit also included the US–Gulf Summit, held in Riyadh, where Gulf leaders and Trump reaffirmed the strength of US–GCC strategic ties. Crown Prince Mohammed bin Salman noted that trade between GCC countries and the US reached nearly US$120 billion in 2024, with the US remaining a vital commercial partner.

In a diplomatic development, Trump announced the full removal of US sanctions on Syria and began the process of normalizing relations with the new Syrian government. The announcement followed a trilateral meeting hosted by the Crown Prince and attended by Syrian President Ahmad Al-Sharaa and Turkish President Recep Tayyip ErdoÄŸan, who joined via phone call. The talks emphasized Syrian sovereignty, stability, and reconstruction.

Al-Sharaa, who assumed office after the fall of Bashar al-Assad in December 2024, thanked Trump for lifting sanctions, calling it a pivotal step toward rebuilding Syria. He also expressed gratitude to Saudi Arabia and Turkey for their diplomatic efforts in support of Syria’s reintegration.

During the visit, Trump toured Diriyah with the Crown Prince and learned about the area’s historical significance and future as a global cultural destination. The president was briefed on Diriyah’s development plan and praised Saudi Arabia’s transformation.

Trump’s departure follows a series of high-impact meetings and announcements, solidifying US–Saudi relations, expanding investment and security cooperation, and opening new diplomatic channels in the Middle East.

Courtesy: Saudi Gazette

Saudi Arabia strikes deals with US companies

US President Donald Trump’s visit to Saudi Arabia has triggered a flurry of deals, ranging from AI and data centre infrastructure to investments in private credit. Followings are some of the key deals:

Oracle to invest US$14 billion

The American database and cloud company pledged US$14 billion in investments over the next 10 years in Saudi Arabia, with the aim of bringing AI technology to the kingdom. CEO Safra Catz credited Trump for the deal, adding the expanded partnership with Saudi “will create new opportunities for its economy”.

Nvidia to send 18,000 chips

In a flurry of deals that saw Nvidia’s market value hit US$3 trillion, the US chipmaker announced a partnership with Saudi sovereign wealth fund-owned AI startup Humain, which will include a shipment of 18,000 chips to the kingdom, to help power a new data center project.

Another deal with the Saudi Data & AI Authority (SDAIA) will see Nvidia deploy up to 5,000 Blackwell GPUs for a sovereign AI factory and enable smart city solutions. Nvidia and SDAIA will train government and university scientists and engineers on how to develop and deploy models for physical and agentic AI.

Aramco Digital will also collaborate with Nvidia’s startup ecosystem to develop AI computing infrastructure.

AMD US$10 billion collaboration

AMD and Humain will invest up to US$10 billion over the next five years to deploy 500 megawatts of AI compute capacity. The AI superstructure will power workloads across enterprise, start-up and sovereign markets, the companies said.

Humain will oversee end-to-end delivery, including hyperscale data centre, sustainable power systems, and global fibre interconnects, and AMD will provide its software ecosystem.

Initial deployments are already underway across key global regions, the companies announced. 

Qualcomm to build data centres

Qualcomm Technologies, also partnered with Humain for the development of next-generation AI data centres, infrastructure and cloud-to-edge services across the globe, including Saudi.

Franklin Templeton’s US$150 million commitment

US investment firm Franklin Templeton signed a deal with Saudi’s Hassana Investment Company, valued at US$150 million to explore investments in Saudi private credit. The companies said the partnership aims to mobilize institutional capital into the Saudi private sector and to strengthen access to alternative financing in the kingdom.

Hassana is one of the region’s most active institutional investors, with over 1.2 trillion Saudi riyals ($320 billion) of assets under management.

AviLease takes off with 30 Boeing aircraft

The PIF-backed aircraft lessor AviLease also announced it had signed an agreement with Boeing for an order of 30 Boeing 737-8 aircraft, its first direct OEM order.

Deliveries are scheduled through 2032, with chairman Fahad AlSaif saying the deal was part of the PIF mandate to invest in the kingdom’s aviation sector.

The agreement builds on the Riyadh Air deal Boeing, a new airline launched by PIF, which placed an order of up to 72 Boeing 787-9 Dreamliner airplanes in a multi-billion-dollar deal, earlier this year.

 

Trump urges Syrian President to sign Abraham Accords with Israel

According to media reports, US President Donald Trump urged Syrian President Ahmed Al-Sharaa to sign the Abraham Accords with Israel during their meeting ahead of the GCC summit in Riyadh on Wednesday.

The US leader added that he is also looking to normalize relations with Sharaa. The meeting between the two comes one day after Trump said that the US was lifting sanctions on Syria.

Trump told the Syrian leader he has "a tremendous opportunity to do something historic in his country," according to an official statement by White House Press Secretary Karoline Leavitt.

Trump also urged Sharaa to tell all foreign terrorists to leave Syria, deport Palestinian terrorists, help the US to prevent the resurgence of ISIS, and assume responsibility for ISIS detention centers in the northeastern parts of the country.

Shaara affirmed his commitment to the 1974 disengagement with Israel, the White House statement continued, recognized the opportunities of Iranians leaving Syria, and expressed interest in joint US-Syrian efforts in combating terrorism and eliminating chemical weapons.

Trump also said that his Middle East trip doesn't push Israel aside, saying, "I think it's very good for Israel."

Saudi Crown Prince Mohammed bin Salman was also present in the meeting, and Turkish President Recep Tayyip Erdogan joined by video conference. Erdogan and the Saudi Crown Prince praised Trump for lifting the sanctions on Syria, Leavitt said.

Saudi Foreign Minister Faisal bin Farhan Al Saud said that Saudi Arabia would support Syria's economic recovery and thanked Trump for lifting US sanctions on Syria. He said that there are many investment opportunities in Syria after lifting US sanctions, possibly a "breakthrough" in Saudi support for Syria.