Saudi Arabia, Pakistan Sign Financing Agreements on Oil Derivatives, Water Supply 

Officials are seen at the signing ceremony. (SPA)
Officials are seen at the signing ceremony. (SPA)
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Saudi Arabia, Pakistan Sign Financing Agreements on Oil Derivatives, Water Supply 

Officials are seen at the signing ceremony. (SPA)
Officials are seen at the signing ceremony. (SPA)

Saudi Fund for Development (SFD) Chief Executive Sultan Al-Marshad and Pakistani Secretary for Ministry of Economic Affairs Dr. Kazim Niaz signed in Islamabad a US$1.2 billion financing agreement for the import of oil derivatives.

Pakistani Prime Minister Muhammad Shehbaz Sharif and Saudi Ambassador to Pakistan Nawaf bin Said Al-Malki witnessed the signing of the agreement.

The funding is part of Saudi Arabia's ongoing support to Pakistan through the SFD, which has totaled around US$6.7 billion for oil derivatives since 2019.

The Kingdom's support is aimed at boosting Pakistan’s economy, addressing its economic challenges, and bolstering vital sectors, reported the Saudi Press Agency on Monday.

Additionally, both parties signed a development soft loan agreement worth US$41 million to finance a project that will supply drinking water to the Pakistani city of Mansehra.

The initiative will involve supplying about 400 kilometers of pipes for water networks, benefiting over 150,000 people. It also includes the establishment of a water treatment plant with a capacity of about 21,000 cubic meters per day, helping in reducing waterborne diseases and epidemics in Pakistan.

The two agreements reflect the SFD's commitment to addressing challenges in various countries and underscore the importance of international cooperation and solidarity for achieving sustainable development in beneficiary nations.

During the signing ceremony, the Pakistani prime minister and the SFD chief discussed ways to bolster cooperation between their countries, focusing on financing vital sectors across Pakistan.



Saudi Arabia, Arab and Islamic Countries Condemn Statements by the US Ambassador to Israel

Saudi Arabia, Arab and Islamic Countries Condemn Statements by the US Ambassador to Israel
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Saudi Arabia, Arab and Islamic Countries Condemn Statements by the US Ambassador to Israel

Saudi Arabia, Arab and Islamic Countries Condemn Statements by the US Ambassador to Israel

The Ministries of Foreign Affairs of the Kingdom of Saudi Arabia, Jordan, the United Arab Emirates, Qatar, Indonesia, Pakistan, Egypt, Türkiye, Syria, Palestine, Kuwait, Lebanon, the Sultanate of Oman, and the Kingdom of Bahrain, together with League of Arab States (LAS), expressed their strong condemnation and profound concern regarding the statements made by the United States Ambassador to Israel, in which he indicated that it would be acceptable for Israel to exercise control over territories belonging to Arab states, including the occupied West Bank.

The Saudi Press Agency (SPA) reported "their categorical rejection of such dangerous and inflammatory remarks, which constitute a flagrant violation of the principles of international law and the Charter of the United Nations, and pose a grave threat to the security and stability of the region."

The ministries stressed that these statements directly contradict the vision put forward by US President Donald Trump, as well as the Comprehensive Plan to End the Gaza Conflict, which are based on containing escalation and creating a political horizon for a comprehensive settlement that ensures the Palestinian people have their own independent state.

They underscored that the plan is grounded in promoting tolerance and peaceful coexistence, and that remarks seeking to legitimize control over the lands of others undermine these objectives, fuel tensions, and constitute incitement rather than advancing peace.

The ministries reaffirmed that Israel has no sovereignty whatsoever over the Occupied Palestinian Territory or any other occupied Arab lands. They reiterated their firm rejection of any attempts to annex the West Bank or separate it from the Gaza Strip, their strong opposition to the expansion of settlement activities in the Occupied Palestinian Territory, and their categorical rejection of any threat to the sovereignty of Arab states.

They further warned that the continuation of Israel’s expansionist policies and unlawful measures will only inflame violence and conflict in the region and undermine the prospects for peace and called for an end to these incendiary statements, according to SPA.

The ministries underscored their countries’ steadfast commitment to the inalienable right of the Palestinian people to self-determination and to the establishment of their independent state along the lines of 4 June 1967, and the end of the occupation of all Arab lands.


Saudi Crown Prince Visits Quba Mosque in Madinah

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud - SPA
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud - SPA
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Saudi Crown Prince Visits Quba Mosque in Madinah

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud - SPA
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud - SPA

Saudi Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, visited Quba Mosque in Madinah and performed the two-unit prayer of greeting, SPA reported.

He was accompanied by Governor of Madinah Region Prince Salman bin Sultan bin Abdulaziz, Minister of State and Cabinet Member Prince Turki bin Mohammed bin Fahd bin Abdulaziz, Deputy Governor of Riyadh Region Prince Mohammed bin Abdulrahman bin Abdulaziz, Deputy Governor of Madinah Region Prince Saud bin Nahar bin Saud bin Abdulaziz, and several other officials.


GCC, OIC Condemn Statements by US Ambassador to Israel

GCC, OIC Condemn Statements by US Ambassador to Israel
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GCC, OIC Condemn Statements by US Ambassador to Israel

GCC, OIC Condemn Statements by US Ambassador to Israel

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi expressed rejection and condemnation of the irresponsible and unacceptable statements made by the United States Ambassador to the government of the Israeli occupation forces.

The statements included acceptance of the occupation’s control over lands belonging to Arab states, including the occupied West Bank.

The Secretary General stressed that the statements constitute a clear violation of international law and the UN Charter, which affirm the sovereignty of states and the unity and full sovereignty of their territories, SPA reported.

He noted that these unprecedented remarks are inconsistent with the United States' directions and the vision put forward by US President Donald Trump for regional and international partners. The vision aims to achieve peace and reach a lasting solution to the Palestinian issue, contributing to enhanced security and stability in the region and worldwide.

He reaffirmed the GCC’s firm commitment to supporting the Palestinian people and the establishment of an independent Palestinian state along the June 4, 1967 borders, with East Jerusalem as its capital. This position aligns with international legitimacy resolutions and the Arab Peace Initiative.

Also, the General Secretariat of the Organization of Islamic Cooperation (OIC) expressed its condemnation of those statements, saying they were "dangerous and irresponsible," describing them as an unacceptable call for Israel, the occupying power, to expand and seize more Palestinian and Arab lands.

The OIC General Secretariat stressed that such remarks are based on false and rejected historical and ideological claims that violate the sovereignty of states, diplomatic norms, principles of international law, United Nations (UN) resolutions, and the UN Charter.

According to SPA, it also warned that this extremist ideological discourse is liable to fuel extremism and encourage the Israeli occupation to persist in its unlawful practices of displacement, settlement, annexation, and attempts to impose sovereignty over the occupied Palestinian territory – actions that threaten security and stability throughout the entire region.

Additionally, the OIC General Secretariat reaffirmed its firm and absolute support for the legitimate rights of the Palestinian people, foremost among them their right to self-determination and to establish their independent, sovereign state on the borders of June 4, 1967, with East Jerusalem as its capital.