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Saudi Arabia Bolsters Pakistan's Economic Stability with Deposit at Central Bank

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia.
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia.
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Saudi Arabia Bolsters Pakistan's Economic Stability with Deposit at Central Bank

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia.
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia.

Reflecting the strong ties and ongoing cooperation between the Kingdom of Saudi Arabia and the Islamic Republic of Pakistan, and in line with the directives of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Saudi Arabia has continued its support to enhance Pakistan’s economic stability by extending the term of an existing $5 billion deposit at the State Bank of Pakistan and announcing an additional deposit of $3 billion.

This assistance aims at supporting Pakistan’s economy and strengthening its resilience amidst evolving global economic challenges, and comes in accordance with the leadership’s directives to strengthen the bonds of brotherhood between the two countries, SPA reported.

This also affirms the Kingdom's commitment to fostering the economic growth of Pakistan, which is expected to reflect positively on the living conditions of Pakistani citizens.

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Gulf

Saudi Foreign Minister Holds Talks with US Special Envoy for Syria

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and US Special Envoy for Syria Tom Barrack - SPA
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and US Special Envoy for Syria Tom Barrack - SPA
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Saudi Foreign Minister Holds Talks with US Special Envoy for Syria

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and US Special Envoy for Syria Tom Barrack - SPA
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and US Special Envoy for Syria Tom Barrack - SPA

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met with US Special Envoy for Syria Tom Barrack in Riyadh on Sunday, SPA reported.

They discussed the latest developments in Syria and ways to support stability there, and included an exchange of views on issues of common interest.

Gulf

UAE: Fire at Power Generator Near Barakah Power Plant After Drone Attack

Barakah Nuclear Energy Plant in the capital Abu Dhabi (WAM)
Barakah Nuclear Energy Plant in the capital Abu Dhabi (WAM)
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UAE: Fire at Power Generator Near Barakah Power Plant After Drone Attack

Barakah Nuclear Energy Plant in the capital Abu Dhabi (WAM)
Barakah Nuclear Energy Plant in the capital Abu Dhabi (WAM)

The UAE announced that authorities had responded to a fire that broke out in an electrical generator outside the inner perimeter of the Barakah Nuclear Power Plant in the Al Dhafra region of Abu Dhabi following a drone strike, confirming that no injuries were reported and that there was no impact on radiological safety levels.

Authorities said all necessary precautionary measures were taken immediately after the incident, adding that specialized emergency response teams succeeded in containing and extinguishing the fire while continuing to monitor developments and implement measures to ensure the safety of the site and surrounding areas.

The Federal Authority for Nuclear Regulation (FANR) said the fire had not affected the safety of the plant or the readiness of its core systems, adding that all units at the facility were operating normally and in line with the highest approved standards of safety and security.

The UAE Ministry of Defense said Sunday that air defense systems had dealt with three drones that entered the country’s airspace from the western border area, noting that two of them were successfully intercepted while the third struck an electrical generator outside the inner perimeter of the Barakah Nuclear Power Plant in Al Dhafra.

In a statement, the ministry said investigations were ongoing to determine the source of the attacks, adding that further details would be announced once inquiries were completed.

The ministry stressed that the armed forces remained fully prepared to confront any potential threats and would respond firmly to anything that could undermine the country’s security and stability, ensuring the protection of national sovereignty and the UAE’s strategic interests.

Gulf

GCC Sec-Gen Meets UK Deputy Prime Minister during Europe Gulf Forum

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 Sec-Gen Meets UK Deputy Prime Minister during Europe Gulf Forum

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 met with Deputy Prime Minister and Secretary of State for Justice of the United Kingdom David Lammy, on Saturday, to discuss several key topics, focusing primarily on bolstering the strategic partnership between the GCC and the UK.

During the meeting, which took place on the sidelines of the inaugural Europe Gulf Forum, currently being held in Costa Navarino in Greece, they addressed mechanisms to overcome existing obstacles and align their perspectives on all aspects of the Free Trade Agreement (FTA), paving the way for its anticipated signing in the near future.

Both sides lauded the significant progress achieved thus far in the ongoing FTA negotiations, SPA reported.

While exchanging views on several regional issues, Albudaiwi commended the UK's efforts and supportive stance toward the GCC countries against the brutal Iranian aggressions faced by the council states.

Both sides underscored the significance of unifying and intensifying international efforts to promote security and stability in the region and the world.