Saudi Arabia and Iran Take Steps Towards Developing Relations, Implementing Beijing Agreement

Saudi FM Prince Faisal bin Farhan with his Iranian counterpart, Hossein Amir-Abdollahian (SPA)
Saudi FM Prince Faisal bin Farhan with his Iranian counterpart, Hossein Amir-Abdollahian (SPA)
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Saudi Arabia and Iran Take Steps Towards Developing Relations, Implementing Beijing Agreement

Saudi FM Prince Faisal bin Farhan with his Iranian counterpart, Hossein Amir-Abdollahian (SPA)
Saudi FM Prince Faisal bin Farhan with his Iranian counterpart, Hossein Amir-Abdollahian (SPA)

Saudi Arabia and Iran took another step towards developing relations and implementing the Beijing Agreement signed last March by agreeing to enhance cooperation in all fields.

During a joint press conference Thursday at the Saudi Foreign Ministry in Riyadh, the two country’s foreign ministers launched a new stage of bilateral relations built on shared interests and mutual respect.

Saudi FM Prince Faisal bin Farhan said that he discussed regional and international issues of common interest with his Iranian counterpart and assured him of the Kingdom's aspiration to boost bilateral relations.

During the press conference with his Iranian counterpart, Hossein Amir-Abdollahian, Prince Faisal said that the resumption of the Saudi and Iranian diplomatic missions and their respective ambassadors in each other's capitals is essential to improving bilateral relations.

The Saudi Foreign Minister said that the meeting continues the steps taken toward resuming diplomatic relations and marks a pivotal moment for regional security.

He highlighted Saudi Arabia’s and Iran's sincere and serious desire to implement the agreement’s terms that benefit both countries and peoples by enhancing mutual trust, expanding cooperation, and strengthening regional stability.

The Saudi FM reiterated the Kingdom's keenness on discussing mechanisms to activate agreements previously signed with Iran, especially those related to security and economy, stressing the importance of maintaining consultation and coordination between the two countries’ foreign ministries during the coming period.

Prince Faisal added that Riyadh is looking forward to Iranian President Ebrahim Raisi's visit to the Kingdom upon an invitation from the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz.

He stressed the need to increase cooperation and coordination, looking forward to a new level in relations and the joint endeavor to boost ties based on shared interests and mutual respect.

- Regional cooperation

The Iranian Foreign Minister described his talks with his Saudi counterpart as "fruitful,”

“Iran and Saudi Arabia are two important countries in the region of Western Asia and the Islamic world. Both sides are determined to expand our relations in all fields,” he said.

- Regional dialogue

The minister proposed the idea of a regional dialogue to his Saudi counterpart, asserting his belief that both nations can work on immediate and urgent issues, including those related to regional relief and rescue.

Amir-Abdollahian explained that achieving regional security and development is an idea that cannot be divided.

“We believe ​​regional security and development are interrelated and belong to all regional actors.”

He also extended Iran’s profound gratitude to Saudi Arabia for cooperation and services to Iranian pilgrims during the Hajj pilgrimage, hoping that the Umrah will soon resume.

- Raisi's invitation

Amir-Abdollahian revealed that Raisi accepted the invitation and would do it "at the appropriate time," indicating that the talks and exchange of delegations between the two countries in the coming period will lay the groundwork for the leaders' meeting.

The two officials also discussed sports and holding friendly matches between the two national teams.

The Iranian minister also announced his country's endorsement of Riyadh's bid to host Expo 2030.

Both sides agreed to cooperate in public and parliamentary diplomacy and exchange delegations between the two countries.

Last March, Saudi Arabia, and Iran agreed to resume diplomatic relations and reopen their diplomatic missions.

The Saudi foreign minister visited Tehran on an official visit in June, during which he met the Iranian President.

- Joint committee

On his visit to Riyadh, Amir-Abdollahian was accompanied by the new Iranian ambassador to Saudi Arabia, Alireza Enayati, according to the state-run ISNA news agency.

Before leaving Tehran, Enayati told ISNA that relations between the two countries are moving forward after less than six months of the Beijing agreement.

He said the ambassadors will soon settle in Riyadh and Tehran, adding that the visit is an appropriate opportunity to continue the dialogue between the foreign ministers.

On Wednesday, Iranian media quoted Enayati as saying that his country looks forward to consolidating the economic component in bilateral relations with Saudi Arabia.

He said it was agreed to hold a joint committee between the two countries, serving as a roadmap for relations to boost trade.

The Iranian diplomat asserted the need to choose a constructive path through dialogue, expressing full confidence that regional countries will deepen their cooperation and not be interested in foreign powers trying to destroy the relations.



GCC Denounces Iranian Attacks on UAE as Dangerous Regional Escalation

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi. SPA
Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi. SPA
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GCC Denounces Iranian Attacks on UAE as Dangerous Regional Escalation

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi. SPA
Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi. SPA

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi expressed the council's strongest condemnation of the flagrant Iranian attacks targeting the United Arab Emirates.

He emphasized that this act of aggression constitutes a blatant violation of the sovereignty of a GCC member state and represents a dangerous escalation that threatens the security and stability of the region, reported the Saudi Press Agency on Tuesday.

He stressed that targeting the UAE is unacceptable and reprehensible behavior by all standards, reflecting an escalatory approach that disregards the rules of international law and the principles of good neighborliness.

Furthermore, he called upon the international community to assume its responsibilities to halt these repeated Iranian attacks and put an immediate end to irresponsible actions that undermine regional and international peace and security.

Albudaiwi underlined the GCC’s full and steadfast solidarity with the UAE, standing as a united front in support of all measures taken to protect its security, safeguard its sovereignty, and preserve the safety of its vital facilities.


MWL Condemns Iranian Aggression against the UAE

The Muslim World League (MWL) logo
The Muslim World League (MWL) logo
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MWL Condemns Iranian Aggression against the UAE

The Muslim World League (MWL) logo
The Muslim World League (MWL) logo

The Muslim World League (MWL) condemned Iran’s targeting of civilian and economic facilities in the United Arab Emirates, the Saudi Press Agency reported on Tuesday.

In a statement issued by the MWL General Secretariat, Secretary-General and Chairman of the Organization of Muslim Scholars Dr. Mohammed Al-Issa condemned Iran's attacks, describing them as criminal acts that violate all religious principles as well as international humanitarian law.

He stressed the league’s full solidarity with the UAE in all measures it takes to safeguard its security, sovereignty, and the safety of its citizens and residents.

On Monday, the United Arab Emirates said it came under attack by Iran for the first time since a fragile ceasefire took hold in early April.


Kuwait Renews Egypt Deposit, Reinforcing Bilateral Ties

The Central Bank of Egypt. (Reuters)
The Central Bank of Egypt. (Reuters)
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Kuwait Renews Egypt Deposit, Reinforcing Bilateral Ties

The Central Bank of Egypt. (Reuters)
The Central Bank of Egypt. (Reuters)

Kuwait has renewed its deposit at the Central Bank of Egypt, a move that reinforces ties between the two countries.

Kuwait’s ambassador to Egypt Ghanem Saqr Al-Ghanem told Asharq Al-Awsat the extension followed “a thorough study” and reflects Kuwait’s commitment to supporting Egypt’s economy as “a fundamental pillar of Arab and regional security.”

He added that relations between the two countries are “at their best.”

Al-Ghanem described the decision as “a new step reflecting the strength of the special and strategic relations between the two brotherly countries,” adding it confirms continued Kuwaiti support for Egypt amid regional and international challenges.

He noted that the renewal highlights Kuwait’s commitment to Egypt’s economic stability and reflects “deep-rooted ties, shared interests and solidarity in facing regional challenges.”

An Egyptian banking expert told Asharq Al-Awsat the extension will bolster foreign currency reserves, support the economy and “shut down rumors” that the deposit would not be renewed.

The step underscores strong relations and is likely to enhance future partnership and investment between the two countries, he added.

A report by the Central Bank of Egypt on the country’s external position said Kuwait renewed a $2 billion deposit that had been due to mature in September 2025, extending it to September 2026.

The report, cited by Egyptian media on Sunday, said Kuwaiti deposits consist of two tranches of $2 billion each. One has been extended to next September, while the other matured in April. The report, which covers the first quarter of the current fiscal year, did not specify whether the April tranche was also renewed.

It added that long-term Arab deposits at the central bank stood at $9.3 billion at the end of September 2025, including $5.3 billion from Saudi Arabia and $4 billion from Kuwait, split across two deposits renewed annually in April and September.

In December 2025, Kuwait renewed a separate $2 billion deposit for another year through April 2026 to support Egypt’s foreign currency reserves, according to the same report.

Banking expert Mohamed Abdel Aal said the latest extension will support Egypt’s economy across key indicators, particularly reserves, and could pave the way for deeper cooperation, whether through continued deposits or converting them into investments that strengthen bilateral partnership.