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On Behalf of Crown Prince, Saudi FM Leads Kingdom’s Delegation at AI Action Summit

Saudi Minister of Foreign Affairs in Paris at the opening of the Artificial Intelligence (AI) Action Summit - Photo by SPA
Saudi Minister of Foreign Affairs in Paris at the opening of the Artificial Intelligence (AI) Action Summit - Photo by SPA
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On Behalf of Crown Prince, Saudi FM Leads Kingdom’s Delegation at AI Action Summit

Saudi Minister of Foreign Affairs in Paris at the opening of the Artificial Intelligence (AI) Action Summit - Photo by SPA
Saudi Minister of Foreign Affairs in Paris at the opening of the Artificial Intelligence (AI) Action Summit - Photo by SPA

On behalf of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, led the Kingdom’s delegation on Tuesday in Paris at the opening of the Artificial Intelligence (AI) Action Summit.
The summit discusses the impact of artificial intelligence on societies, ways to benefit from it, and the enhancement of multilateral action in the field of technology to serve humanity and achieve sustainable development goals, according to SPA.
The Kingdom’s delegation at the opening included His Excellency Dr. Abdullah bin Sharaf Alghamdi, President of the Saudi Data and Artificial Intelligence Authority (SDAIA), and His Excellency Fahad Alruwaily, Ambassador of the Custodian of the Two Holy Mosques to the French Republic.

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Gulf

Saudi Arabia Pledges $3 Billion More in Financial Support to Pakistan

Saudi Finance Minister Mohammed Al-Jadaan and Pakistani Finance Minister Muhammad Aurangzeb shake hands following the agreement. (X)
Saudi Finance Minister Mohammed Al-Jadaan and Pakistani Finance Minister Muhammad Aurangzeb shake hands following the agreement. (X)
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Saudi Arabia Pledges $3 Billion More in Financial Support to Pakistan

Saudi Finance Minister Mohammed Al-Jadaan and Pakistani Finance Minister Muhammad Aurangzeb shake hands following the agreement. (X)
Saudi Finance Minister Mohammed Al-Jadaan and Pakistani Finance Minister Muhammad Aurangzeb shake hands following the agreement. (X)

Saudi Arabia will provide $3 billion in additional support for Pakistan to help the South Asian nation bridge a multi-billion-dollar gap in its finances linked to an upcoming debt repayment to the United Arab Emirates.

The extra funding for Pakistan comes on top of Riyadh extending the rollover arrangement for an additional $5 billion deposit for a longer period, Pakistan Finance Minister Muhammad Aurangzeb told reporters in Washington.

The move underlines a deepening relationship between Riyadh and Islamabad, cemented last year by a mutual defense pact treating aggression against either ‌as an attack ‌on both.

"We can confirm that Saudi Arabia has ‌agreed ⁠to a $3 billion deposit ⁠with Pakistan to support their balance of payments," a Saudi Ministry of Finance spokesperson told Reuters.

Pakistan faces a $3.5 billion repayment to the UAE this month that has put a strain on its foreign exchange reserves, which stood at about $16.4 billion as of March 27.

The repayment to the UAE amounts to roughly 18% of those holdings.

Under Pakistan's $7 billion IMF program, the country is targeting foreign exchange reserves of more than $18 billion ⁠by June.

Saudi Finance Minister Mohammed Al-Jadaan was in Pakistan on Friday .

"Senator Aurangzeb said this ‌support comes at a critical time for Pakistan’s external financing needs and would ‌help reinforce foreign exchange reserves and strengthen the country’s external account," the finance ministry said in a statement.

The ministry added that Pakistan is committed to maintaining foreign exchange reserves "in line with its obligations to markets and under the IMF-supported program".

Pakistan's international bonds rallied on the news, ‌with longer-dated maturities adding nearly 1 cent to trade at their strongest level since late February.

Saudi Arabia has repeatedly stepped in to support Pakistan during periods of economic stress. In 2018, Riyadh unveiled a $6 billion package that included a $3 billion deposit at Pakistan's central bank and $3 billion in oil supplies on deferred payment.

Pakistan, meanwhile, has emerged as the key mediator between the US and Iran to end the war in the Middle East while also shoring up Saudi Arabia's defenses after the Kingdom came under hundreds of Iranian missile and drone attacks.

Last week, Pakistan deployed fighter jets and support aircraft to Saudi Arabia.

Gulf

Saudi Arabia Reiterates its Strong Rejection of Regional Threats, Violation of Sovereignty of Nations

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the Cabinet meeting in Jeddah. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the Cabinet meeting in Jeddah. (SPA)
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Saudi Arabia Reiterates its Strong Rejection of Regional Threats, Violation of Sovereignty of Nations

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the Cabinet meeting in Jeddah. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the Cabinet meeting in Jeddah. (SPA)

The Saudi government reiterated on Tuesday the Kingdom’s categorical rejection of the violations of the sovereignty of nations and attempts to threaten the security and stability of the region.

It reiterated its strong condemnation of the blatant attacks that targeted Saudi Arabia and the Gulf Cooperation Council (GCC) member states with drones launched from Iraqi territory, underscoring the importance of the Iraqi government assuming responsibility in addressing these threats.

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired the Cabinet meeting that was held in Jeddah.

At the outset of the session, the Cabinet praised the “heroic role of the Saudi Armed Forces and their valor in defending the Kingdom and protecting its achievements and resources against the Iranian attacks and their serious repercussions that have affected the region.”

The Cabinet stressed that Saudi Arabia “remains a haven of security and stability, advancing with steadfast steps to strengthen its blessed course and support regional and international stability, drawing from Allah Almighty's guidance and resolve in confronting various challenges.”

It commended the success of operational and technical efforts to restore production at several energy facilities damaged by the attacks.

“The swift recovery reflects the Kingdom’s energy system's high operational resilience and crisis-management capacity, reinforcing the reliability and continuity of supplies to domestic and international markets and supporting the global economy,” said the Cabinet.

The Cabinet also commended the outcomes of the Umrah and Ziyarah Forum held in Madinah, which witnessed broad international participation and the signing of a number of agreements and memoranda of understanding (MoUs) that will help in developing the system of services for the Umrah performers and pilgrims, and boosting integration among the entities operating in this sector.

The Cabinet praised the Kingdom's new achievement in space exploration with the launch of the “Shams” satellite and the success of its mission, aligning with the aspired goals of fostering innovation and scientific creativity and strengthening international partnerships in this field.

The Cabinet highlighted the numerous awards earned by the education and health systems at the Geneva International Exhibition of Inventions 2026, reflecting the Kingdom’s continuous support to empower and advance these two sectors.

The Cabinet noted the advanced positions achieved by eight Saudi cities in the Smart City Index 2026 issued by the International Institute for Management Development (IMD), saying it was confirmation of the accelerating pace of development in services provided to residents, infrastructure, and the quality of life across the Kingdom.

Moreover, the Cabinet praised the steps taken in environmental protection and vegetation restoration, including the rehabilitation of the first one million hectares of degraded land and the planting of more than 159 million trees under the Saudi Green Initiative.

Gulf

Saudi Crown Prince, European Council President Discuss Kingdom’s Strategic Partnership with EU

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, and President of the European Council Antonio Costa meet in Jeddah on Tuesday. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, and President of the European Council Antonio Costa meet in Jeddah on Tuesday. (SPA)
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Saudi Crown Prince, European Council President Discuss Kingdom’s Strategic Partnership with EU

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, and President of the European Council Antonio Costa meet in Jeddah on Tuesday. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, and President of the European Council Antonio Costa meet in Jeddah on Tuesday. (SPA)

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, held talks in Jeddah on Tuesday with President of the European Council Antonio Costa.

They reviewed the strategic partnership between the Kingdom and the EU and discussed the latest regional developments and their security and economic implications, as well as the coordination of efforts to boost security and stability.

The meeting was attended by Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah; Minister of State, Member of the Cabinet, and National Security Advisor Musaed bin Mohammed Al-Aiban; and Saudi Ambassador to the EU Haifa Al-Jedea.

It was also attended by EU Ambassador to the Kingdom Christophe Farnaud; Chief Foreign Policy Advisor to the President of the European Council Anna-Maria Boura; EU Special Representative for the Gulf region Luigi Di Maio; and a number of officials.