DIRS.INFO The most relevant business & tech news

☆ Iran foreign minister to visit Saudi Arabia on Thursday -state TV
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +1 min

Iranian Foreign Minister Hossein Amirabdollahian is seen before a meeting with Japanese Prime Minister Fumio Kishida (not in picture) at Kishida's official residence in Tokyo, Japan August 7, 2023. REUTERS/Issei Kato/Pool/file photo Acquire Licensing RightsDUBAI, Aug 17 (Reuters) - Iran Foreign Minister Hossein Amirabdollahian will visit Saudi Arabia on Thursday, Iran state TV reported on Thursday. In June, Saudi Arabian Foreign Minister Prince Faisal bin Farhan met with Iranian officials in Tehran on his first visit to the country after the resumption of diplomatic ties with the Islamic republic in March. In March, Iran and Saudi Arabia agreed in a China-brokered deal to end a diplomatic rift and reestablish relations following years of hostility that had endangered regional stability in the Gulf, as well as in Yemen, Syria and Lebanon. Saudi Arabia broke ties with Iran in 2016 after protesters attacked its embassy in Tehran in retaliation for Riyadh's execution of a prominent Shiite cleric.

Persons: Hossein Amirabdollahian, Fumio Kishida, Issei Kato, Prince Faisal bin Farhan, Tom Hogue Organizations: Iranian, Japanese, REUTERS, Rights, Saudi Arabian Foreign, Dubai Newsroom, Thomson Locations: Tokyo, Japan, Iran, Saudi Arabia, Saudi, Tehran, China, Yemen, Syria, Lebanon

☆ Israel's Netanyahu rules out civil war as mass protests divide country over judicial reform
▼ + stars: | 2023-08-01 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +5 min

A woman holds a placard with a photo of Israeli Prime Minister Binyamin Netanyahu as the right wing holds a rally to support the government's judicial overhaul on July 23, 2023 in Tel Aviv, Israel. Israeli Prime Minister Benjamin Netanyahu dismissed the possibility of civil war in his country, which has recently been rattled by protracted mass protests over judicial reforms. Raising the stakes of the judicial changes, Israel lacks a formalized written constitution and instead depends on a set of basic laws. The prime minister dismissed criticism that the legislation was potentially rushed in, saying he continues to seek compromise. "I think it's unfortunate that you've had reservists being lined up for something that involves a political debate," Netanyahu commented.

Persons: Binyamin Netanyahu, Benjamin Netanyahu, Netanyahu, Isaac Herzog, you've, Karine Jean, Pierre, I've, I'm, United Arab Emirates —, Prince Faisal bin Farhan al, Saud, Antony Blinken, Abraham Organizations: NBC, Tel, Reuters, House Press, Saudi, United, United Arab Emirates, kindle, Israel, Saudi Foreign, U.S, NBC News, Abraham Accords Locations: Tel Aviv, Israel, Israeli, Israel's, Jerusalem, U.S, Washington, Saudi Arabia, Riyadh, Iran, Tehran, Saudi, United Arab

☆ 'Things will just have to be accepted as tense': Saudi-Iran relations have a long way to go despite rapprochement efforts
▼ + stars: | 2023-06-21 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Saudi Arabia's foreign minister made a high-profile visit to Tehran over the weekend, drawing coverage and praise about the improvement in relations between Iran and Saudi Arabia, two longtime foes. His Iranian counterpart Hossein Amirabdollahian praised the re-establishment of diplomatic ties, saying it would improve security for the region. The meeting was the result of Iran and Saudi Arabia agreeing to resume diplomatic relations and reopen embassies in each other's countries after China-led negotiations in Beijing in March. The Iranian hosts complied with the minister's request for a change of venue in order to avert a diplomatic incident, regional outlets reported. What exists is a fragile agreement that can only be made stronger with time, consistency and trust building."

Persons: Prince Faisal bin Farhan Al Saud, Hossein Amirabdollahian, Qasem Soleimani, Sanam Vakil Organizations: Mutual, United Nations, Saudi, Chatham House Locations: Saudi, Tehran, Iran, Saudi Arabia, China, Beijing, East, North Africa

☆ Saudi Arabia urges improved maritime security in Gulf as ties with Iran resume
▼ + stars: | 2023-06-17 | by ( ) www.reuters.com time to read: +2 min

June 17 (Reuters) - Saudi Arabia wants enhanced maritime security in the crucial Gulf region as part of its rapprochement with long-time rival Iran, Foreign Minister Prince Faisal bin Farhan said on Saturday. The kingdom broke ties with Iran in 2016 after protesters attacked the Saudi embassy in Tehran in retaliation for Riyadh's execution of a prominent Shiite cleric. Iran has recently been trying to mend its strained ties with several Gulf Arab states. Saudi Arabia's rapprochement with Iran has left Israel largely alone as it has sought to isolate Iran diplomatically. The United Arab Emirates, which was the first Gulf Arab country to sign a normalisation agreement with Israel in 2020, resumed formal relations with Iran last year.

Persons: Prince Faisal bin Farhan, Prince Faisal, Hossein Amirabdollahian, Ebrahim Raisi, Amirabdollahian, Hatem Maher, Aziz El Yaakoubi, Mark Heinrich, Louise Heavens, Mike Harrison Organizations: Foreign, United, United Arab Emirates, Israel, Thomson Locations: Saudi Arabia, Iran, China, Gulf, Yemen, Syria, Lebanon, Tehran, Saudi, Hormuz, United States, Israel, United Arab, Arab, Bahrain, Morocco, UAE, Cairo, Riyadh, Dubai

☆ Saudi foreign minister arrives in Tehran amid rapprochement -Iran TV
▼ + stars: | 2023-06-17 | by ( ) www.reuters.com time to read: +1 min

June 17 (Reuters) - Saudi Arabia's Foreign Minister Prince Faisal bin Farhan arrived in Iran on Saturday amid a rapprochement between the two Middle East arch-foes, Iranian state TV said. The kingdom broke ties with Iran in 2016 after protesters attacked the Saudi embassy in Tehran in retaliation for Riyadh's execution of a prominent Shiite cleric. Iran has recently been trying to mend its strained ties with several Gulf Arab states. Saudi Arabia’s rapprochement with Iran has left Israel largely alone as it has sought to isolate Iran diplomatically. The United Arab Emirates, which was the first Gulf Arab country to sign a normalisation agreement with Israel in 2020, resumed formal relations with Iran last year.

Persons: Prince Faisal bin Farhan, Bin Farhan, Ebrahim Raisi, Hossein Amirabdollahian, Mark Heinrich, Louise Heavens Organizations: Saudi Arabia's Foreign, United, United Arab Emirates, Israel, Thomson Locations: Saudi, Iran, Saudi Arabia, China, Yemen, Syria, Lebanon, Tehran, Israel, United Arab, Arab, Bahrain, Morocco, UAE

☆ China's VCs look to the Middle East for a U.S. dollar lifeline
▼ + stars: | 2023-06-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

China's ties with the Middle East have warmed since Saudi Arabia and Iran restored diplomatic relations earlier this year — through discussions brokered by Beijing. Those tensions and increased regulatory scrutiny in both countries prompted many U.S.-based investors to hold off on investments in Chinese venture capital funds. Middle East capital is looking to step in, especially as countries such as Saudi Arabia and Qatar look to diversify from dependence on fossil fuels. However, many potential investments in Chinese funds are still in discussion, the venture capital funds said. Preqin data showed the share of Middle East sovereign wealth funds' investment in alternative assets worldwide roughly doubled between 2021 and the first half of 2022.

Persons: Faisal bin Farhan al, Saud, Hu Chunhua, Fayez Nureldine, Morgan Stanley, Khalid Al, CNBC's Dan Murphy, Falih, PIF, Massimo, Aysar Tayeb, Prosperity7, Tayeb, Abu Organizations: Saudi, Political Consultative, China Business Conference, Afp, Getty, BEIJING — Venture, U.S ., CNBC, Public Investment Fund, Investment, Conference, Prosperity7 Ventures, Business, of, Local Locations: Riyadh, BEIJING, China, Saudi Arabia, Iran, Beijing, U.S, Qatar, Middle East, Asia, East, Saudi, Al, Aramco, Hyperview, Shanghai, UAE, of Dubai, Abu Dhabi

Blinken's long-delayed visit is aimed at stabilizing relations between the world's two largest economies and strategic rivals. Chinese state media said Blinken would visit on June 18 and 19. Kritenbrink said Blinken would hold a series of meetings with senior Chinese officials. The two sides did not say which officials Blinken would meet. "I believe Secretary Blinken will advocate strongly that these lines of communication are necessary.

Persons: Antony Blinken's, Qin Gang, Joe Biden, Blinken, We're, Daniel Kritenbrink, Kritenbrink, Xi Jinping, Matthew Miller, Antony Blinken, Faisal Bin Farhan, Ahmed Yosri, Xi, Kurt Campbell, Blinken's, Janet Yellen, Gina Raimondo, Campbell, Biden, Qin, Humeyra Pamuk, David Brunnstrom, Simon Lewis, Doina Chiacu, Chizu Nomiyama, William Maclean Organizations: Wednesday, U.S, Blinken, State, U.S . State Department, Saudi Foreign, Intercontinental, REUTERS, Washington, Treasury, Thomson Locations: United States, China, Beijing, U.S, East Asia, Taiwan, Ukraine, Blinken's, Riyadh, Saudi Arabia, Bali, North Korea

☆ Saudi Arabia and China are part of a multipolar world order, and their mutual interests are 'strong and rising,' minister says
▼ + stars: | 2023-06-14 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

watch nowSaudi Arabia sees China as a key partner in a multipolar world — with the two countries expected to only come closer as their common interests grow, Saudi Minister of Investment Khalid Al-Falih told CNBC. "And we believe that economic cooperation between China and Saudi Arabia and the GCC (Gulf Cooperation Council), and the entire Arab region, will be a significant part of that." The U.S. has military installments in Saudi Arabia, selling it advanced weaponry and providing training and joint operations with the Saudi military. Chinese President, Xi Jinping (L) is welcomed by Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud (R) at the Palace of Yamamah in Riyadh, Saudi Arabia on December 8, 2022. But we would see, going forward, more global champions from Saudi Arabia going to China to access a growing market of 1.4 billion high-consumption individuals."

Persons: Investment Khalid Al, Falih, — it's, CNBC's Dan Murphy, it's, Biden, Xi Jinping, Crown Prince, Saudi Arabia Mohammed bin Salman Al Saud, Saudi Crown Prince Mohammed bin Salman, Faisal bin Farhan, Antony Blinken, Fayez Nureldine Organizations: Saudi, Investment, CNBC, China Business Conference, GCC, Gulf Cooperation Council, U.S ., Anadolu Agency, Getty, Technology, Saudi Crown, Beijing, GCC Ministers, AFP Locations: Saudi Arabia, China, Riyadh, Africa, Central Asia, United States, Brazil, Russia, India, South Africa, U.S, Saudi, we're, Washington, Yamamah, Beijing

[1/3] U.S. Secretary of State Antony Blinken attends a joint press conference with Saudi Foreign Minister Faisal Bin Farhan, at the Intercontinental Hotel in Riyadh, Saudi Arabia, June 8, 2023. Speaking at a press conference alongside his Saudi counterpart, Blinken said the "historic" reform drive known as Vision 2030 would require Saudi Arabia to attract talent from around the world. "I think it’s on its own merits and in Saudi Arabia’s interests to continue to pursue this modernisation including the expansion of human rights," Blinken said. He said he raised with Saudi officials specific cases of U.S. citizens detained in Saudi Arabia, but declined to go into details. As well as some U.S. nationals who are subject to travel bans, human rights advocates say scores of activists and dissidents are in prison or on trial in the kingdom.

Persons: Antony Blinken, Faisal Bin Farhan, Ahmed Yosri, Blinken, Prince Mohammed bin Salman, Jamal Khashoggi, Prince Mohammed, Prince Faisal bin Farhan, Humeyra Pamuk, Simon Lewis, Mark Heinrich Our Organizations: Saudi Foreign, Intercontinental, REUTERS, Saudi, Thomson Locations: Riyadh, Saudi Arabia, RIYADH, Saudi, U.S, Istanbul, Washington

Concluding his visit on Thursday, Secretary of State Blinken told reporters he raised human rights issues with Saudi officials and "made clear that progress on human rights strengthens our relationship." "Human rights are always on the agenda of the United States - that’s who we are," he said during a news conference. But some rights advocates argue the golf deal shows the administration has chosen geopolitics over human rights. New York-based Human Rights Watch (HRW) says scores of human rights activists and dissidents are in prison or on trial in Saudi Arabia and that the repression "spiked" following Biden's visit last year. The list included prominent cleric Salman al-Odah, children of former spy chief Saad al-Jabri, human rights defender Mohammed al-Qahtani and aid worker Abdulrahman al-Sadhan.

Persons: Saudi Crown Prince Mohammed bin Salman, Joe Biden, Prince Mohammed bin Salman, Jamal Khashoggi, LIV, Antony Blinken, Blinken, Biden, Seth Binder, Prince Faisal bin Farhan, Sarah Yager, Salman al, Saad al, Mohammed al, Abdulrahman, Saad Ibrahim Almadi, Tess McEnery, Humeyra Pamuk, Simon Lewis, Arshad Mohammed, Don Durfee, Daniel Wallis Organizations: Saudi Crown, Al, Saudi Royal Court, REUTERS, Saudi, Public Investment Fund, North, MbS, PGA, East Democracy, Biden, Rights Watch, Saudi Foreign, U.S, Twitter, Thomson Locations: Jeddah, Saudi Arabia, Bandar, REUTERS RIYADH, WASHINGTON, U.S, Riyadh, Washington, United States, Yemen, New York, China, Israel, OPEC, Russia, Florida

[1/6] U.S. Secretary of State Antony Blinken looks on, as he attends a joint press conference with Saudi Foreign Minister Faisal Bin Farhan, at the Intercontinental Hotel in Riyadh, Saudi Arabia, June 8, 2023. "And we’re also collaborating with countries in the region to widen and deepen the normalisation of relations with Israel." Saudi Arabia went the other way in April in restoring ties with Iran, its key regional rival and Israel's arch-enemy, in a Chinese-brokered deal. Other rows have simmered over the Saudi intervention in Yemen's devastating conflict, China ties and oil prices. Saudi Arabia and other OPEC states say the organisation is not politicised and only seeks to stabilise energy markets.

Persons: Antony Blinken, Faisal Bin Farhan, Ahmed Yosri, Jake Sullivan, Crown Prince Mohammed Bin Salman, Karim Benzema, Blinken, we’re, Aziz Alghashian, Joe Biden's, Alghashian, Biden, Jamal Khashoggi, Blinken's, Prince Faisal bin Farhan, Vladimir Putin, Aziz El Yaakoubi, Humeyra Pamuk, Maha El, Mark Heinrich Our Organizations: Saudi Foreign, Intercontinental, REUTERS, U.S, Saudi, White House, Crown, Gulf Cooperation Council, Al, Blinken, MbS, GCC, United Arab, Thomson Locations: Riyadh, Saudi Arabia, Saudi, Israel RIYADH, U.S, Iran, Washington's, Al, French, Jeddah, Al Ittihad, Yemen, Sudan, Israel, East, United Arab Emirates, Bahrain, Gulf, Israeli, Russia, China, Istanbul, OPEC, Ukraine

☆ Sudanese warring factions to resume indirect talks as clashes intensify
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +4 min

Saudi-owned Al Arabiya said the two sides had agreed to indirect talks without providing details. RSF leader Mohamed Hamdan Dagalo said on Sunday he had spoken with Farhan and expressed his support for the Jeddah platform. Artillery and air strikes continued overnight, with residents in southern and eastern Khartoum and northern Bahri reporting sounds of artillery and gun clashes on Tuesday morning. Looters, some of whom Khartoum residents and neighbourhood committees said belong to the RSF, have pillaged neighbourhoods, stealing cars, breaking open safes, and occupying homes. Aid groups have struggled to provide extensive assistance to Khartoum residents, who face electricity and water shortages as well as dwindling supplies in shops and pharmacies.

Persons: Al Arabiya, RSF, General Abdel Fattah al, Burhan, Faisal bin Farhan, Mohamed Hamdan Dagalo, Farhan, Jawahir Mohamed, El Obeid, Dafallah al, Haj, Khalid Abdelaziz, Nafisa Eltahir, Adam Makary, Christina Fincher, Grant McCool Organizations: Rapid Support Forces, Sovereign, Artillery, army's Engineers Corps, Engineers ' Corps, Emergency Lawyers, Nafisa, Thomson Locations: KHARTOUM, United States, Saudi Arabia, Al Arabiya, Khartoum, Saudi, Jeddah, Bahri, OMDURMAN, Omdurman, Darfur, Egypt, Sudan, Dubai, Cairo

☆ OPEC+ prepares for weekend meeting after Saudi warns speculators to 'watch out'
▼ + stars: | 2023-06-02 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

Led by Saudi Arabia and Russia, OPEC+ agreed in early October to reduce production by 2 million barrels per day from November. After convening remotely throughout the Covid-19 pandemic, OPEC+ has returned to in-person meetings and will gather in Vienna on June 4. The OPEC ministers gather for a separate meeting unlikely to address output on June 3. Ministers face an oil market rattled by supply volatility, demand uncertainty, and a prospective recession, which could throttle transport fuel consumption. Two OPEC+ delegates, who did not want to be named due to the market sensitivity of the meeting, told CNBC that further output cuts were unlikely this weekend.

Persons: Saudi Arabia —, Prince Abdulaziz bin Salman, …, Alexander Novak, Prince Faisal bin Farhan al, Saud, Sergey Lavrov Organizations: Ministers, Russia, CNBC, Saudi Foreign, Brent Locations: Saudi Arabia, Russia, OPEC, Vienna, Saudi, Moscow, Riyadh, Cape Town, China, London, Washington

☆ BRICS ministers put on show of strength as Putin arrest warrant looms large
▼ + stars: | 2023-06-01 | by ( Wendell Roelf | ) www.reuters.com time to read: +4 min

"The answer is the president (Cyril Ramaphosa) will indicate what the final position of South Africa is. At a news conference later, the ministers side-stepped a barrage of questions about the Putin issue. The ICC accused Putin in March of the war crime of forcibly deporting children from Russian-occupied territory in Ukraine. South Africa had invited Putin in January. The BRICS bloc "was inclusive ... in sharp contrast to some countries' small circle, and so I believe the enlargement of BRICS will be beneficial to the BRICS countries," he said.

Persons: Putin, Naledi Pandor, Vladimir Putin, Pandor, Cyril Ramaphosa, Subrahmanyam Jaishankar, Ma Zhaoxu, Hossein Amir, Prince Faisal bin Farhan Al Saud, Carien du Plessis, Anait, Bhargav Acharya, Nellie Peyton, Alexander Winning, Estelle Shirbon, Joe Bavier, John Stonestreet, Ros Russell, Andrew Heavens Organizations: West, International Criminal Court, ICC, United Nations Security Council, New Development Bank, China's, BRICS, Iran's, Saudi, United, Thomson Locations: Cape Town, Africa, South Africa, Johannesburg, Brazil, Russia, India, China, Ukraine, Moscow, Beijing, Venezuela, Argentina, Algeria, United Arab Emirates

☆ Factbox: Then and now: How Arab states changed course on Syria
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +6 min

May 19 (Reuters) - President Bashar al-Assad's attendance at an Arab Summit in Saudi Arabia on Friday is the result of big policy shifts by Arab states that once backed his opponents in Syria's civil war. The support was a point of rivalry with another Gulf Arab state, Qatar, which backed Islamist groups espousing ideologies viewed with suspicion by Riyadh. It also worked with the United States in a programme to support rebels deemed moderate by Washington. As some Arab states changed course on Assad, notably the United Arab Emirates, Saudi Arabia showed no sign of bringing him in from the cold. Like other Arab states, Saudi Arabia is also expecting Assad to curb the trade in narcotics smuggled out of Syria.

☆ After years of war, Assad returns to Arab fold
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +5 min

* Aug. 2011 - U.S. President Barack Obama says Assad has lost legitimacy to rule and should surrender power. * Nov. 2011 - The Arab League suspends Syria and urges its army to stop killing civilians. * Sept. 2015 - Russia joins the war on Assad's side, deploying war planes that bomb rebel-held areas - a turning point in the conflict. * March 2022 - Assad visits the United Arab Emirates and meets its leaders, his first trip to an Arab state since 2011. Assad says he will only meet Erdogan when Turkey is ready to withdraw forces from Syria.

☆ Analysis: Arabs bring Syria's Assad back into fold but want action on drugs trade
▼ + stars: | 2023-05-09 | by ( Maya Gebeily | ) www.reuters.com time to read: +6 min

While denying any role in the trade, for which Syrian officials and Assad relatives have faced Western sanctions, Damascus has sought leverage from the issue. Hezbollah, which deployed fighters to Syria to aid Assad's war efforts, has denied any role in the drugs trade. Aided by Iran and Russia, Assad steadily beat back his rebel enemies, some of whom had support from U.S.-allied Arab states that have now restored ties. The Syrian source confirmed Riyadh had proposed a sum that would be paid as humanitarian aid, but could not say how much. "I would put ending the captagon trade right at the top alongside the other issues", she said.

[1/3] A man walks while smoke rises above buildings after aerial bombardment, during clashes between the paramilitary Rapid Support Forces and the army in Khartoum North, Sudan, May 1, 2023. Riyadh and Washington earlier welcomed the "pre-negotiation talks" between the army and the RSF, and urged them to actively engage following numerous violated ceasefires. But both sides have made it clear they would only discuss a humanitarian truce, not negotiate an end to the war. Turkey's foreign minister said Turkey would move its embassy from Khartoum to Port Sudan following the attack. White House national security adviser Jake Sullivan was travelling to Saudi Arabia at the weekend for talks with Saudi leaders.

[1/3] Smoke rises above buildings after an aerial bombardment, during clashes between the paramilitary Rapid Support Forces and the army in Khartoum North, Sudan, May 1, 2023. "It's been four days without electricity and our situation is difficult," said 48-year-old Othman Hassan from the southern outskirts of the city. Despite multiple ceasefire declarations, the army and the paramilitary Rapid Support Forces (RSF) appeared to be fighting for territory ahead of proposed talks. The army and RSF, which had shared power after a coup in 2021, have accused each other of breaching a string of truces. The U.N. has pressed the warring sides to guarantee safe passage of aid after six of its trucks were looted.

☆ Saudi foreign minister visits Assad, further easing Syria's isolation
▼ + stars: | 2023-04-18 | by ( ) www.reuters.com time to read: +3 min

[1/6] Syria's President Bashar al-Assad meets with Saudi Foreign Minister Prince Faisal bin Farhan, in Damascus, Syria, in this handout released by SANA on April 18, 2023. The statements made no mention of an Arab League summit that Riyadh is due to host next month. On Friday, Gulf Arab foreign ministers and their counterparts from Egypt, Iraq and Jordan discussed Syria's possible return to the body at a meeting in Saudi Arabia, but no agreement was reached. Saudi Arabia has said in recent months that isolating him was not working. Syria's foreign minister, who recently visited Saudi Arabia, Algeria and Tunisia, has said his country's return to the Arab League would be "almost impossible before correcting bilateral relations".

☆ Top Iranian, Saudi envoys meet in China, discuss diplomatic ties
▼ + stars: | 2023-04-06 | by ( ) www.cnbc.com time to read: +1 min

A man in Tehran holds a local newspaper reporting the China-brokered deal between Iran and Saudi Arabia to restore ties on March, 11 2023. The foreign ministers of Iran and Saudi Arabia met in Beijing on Thursday for the first formal meeting of their top diplomats in more than seven years, after China brokered a deal to restore ties between the regional rivals. After years of hostility that fueled conflicts across the Middle East, Iran and Saudi Arabia agreed to end their diplomatic rift and re-open embassies in a major deal facilitated by China last month. In brief footage broadcast on Iranian state TV, Prince Faisal bin Farhan Al Saud and his Iranian counterpart, Hossein Amirabdollahian, greeted each other before sitting down side by side. In March, China's President Xi Jinping helped broker the surprise deal between the rivals to end a seven-year rift and restore diplomatic ties - a display of China's growing influence in the region.

☆ Foreign ministers of Iran, Saudi meet in China
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +2 min

CAIRO, April 6 (Reuters) - The foreign ministers of Iran and Saudi Arabia met in China for the first formal meeting of their most senior diplomats in more than seven years, Saudi state-run Al Ekhbariya television said, under a deal to revive ties between the regional powers. Saudi Arabia cut ties with Iran in 2016 after its embassy in Tehran was stormed during a dispute between the two countries over Riyadh's execution of a Shi'ite Muslim cleric. The relationship began worsening a year earlier, after Saudi Arabia and the United Arab Emirates intervened in the Yemen war, where the Iran-aligned Houthi movement ousted a Saudi-backed government and took over the capital, Sanaa. For Saudi Arabia, the deal could mean improved security. The kingdom has blamed Iran for arming the Houthis, who carried out missile and drone attacks on its cities and oil facilities.

☆ Saudi Arabia and Iran met in China to start thawing their fierce rivalry — a striking victory for Xi and a potential humiliation for the US
▼ + stars: | 2023-04-06 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Saudi Arabia and Iran's foreign ministers held a historic meeting in Beijing on Thursday. While China has maintained close ties with both countries, the US and Iran have not had diplomatic relations in decades. The meeting between Prince Faisal bin Farhan of Saudi Arabia and Hossein Amirabdollahian of Iran was the first of its kind since 2016. They also discussed visas, as well as a visit to Saudi Arabia by Iran's President Ebrahim Raisi, per The Guardian. CIA director William Burns was in Saudi Arabia this week to discuss mutual intelligence cooperation and counterterrorism, Al-Arabiya reported.

☆ Top Saudi, Iranian diplomats to meet in China - official, media
▼ + stars: | 2023-04-05 | by ( ) www.reuters.com time to read: +2 min

The meeting between Prince Faisal bin Farhan Al Saud and his Iranian counterpart, Hossein Amirabdollahian, will be the first formal meeting between Saudi Arabia and Iran's most senior diplomats in more than seven years. 6 in Beijing as the deal was facilitated by China," a senior Iranian official told Reuters. Saudi Arabia cut ties with Iran in 2016 after its embassy in Tehran was stormed during a dispute between the two countries over Riyadh's execution of a Shi'ite Muslim cleric. The kingdom subsequently asked Iranian diplomats to leave within 48 hours while it evacuated its embassy staff from Teheran. The relationship had worsened since 2015, after Saudi Arabia and the United Arab Emirates intervened in the Yemen war, where the Iran-aligned Houthi movement ousted a Saudi-backed government and took over the capital Sanaa.

Gamal Roshdy, spokesperson for the Arab League secretary general, said the organisation is not privy to every move on the bilateral level between Arab countries. Assad's attendance at an Arab League summit would mark the most significant development in his rehabilitation within the Arab world since 2011, when Syria was suspended from the organisation. The Saudi foreign ministry did not confirm an agreement was reached but said it was in talks with the Syrian foreign ministry to resume consular services. Arab League heavyweight Egypt has also resumed contacts with Assad. An Egyptian security source told Reuters the visit was aimed at putting in place steps for Syria's return to the Arab League through Egyptian and Saudi mediation.

Search resuls for: "Bin Farhan"

25 mentions found