Pompeo: Gulf Reconciliation Restores Economic, Military Cooperation

Pompeo: Gulf Reconciliation Restores Economic, Military Cooperation
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Pompeo: Gulf Reconciliation Restores Economic, Military Cooperation

Pompeo: Gulf Reconciliation Restores Economic, Military Cooperation

The Gulf reconciliation and outcomes of the recently held GCC summit have been welcomed by official and political American circles after three years of diplomatic efforts and US mediation to heal the rift among Gulf states.

In a statement on Tuesday, US Secretary of State Mike Pompeo said the breakthrough made with the al-Ula Declaration at the GCC summit marks a positive step toward restoring Gulf and Arab unity.

“We have long stressed that a truly united Gulf will bring added prosperity through the free flow of goods and services and more security to its people,” he added.

This progress encourages states to achieve common goals and restore cooperation in military, economic, health, counter-corruption, and cultural initiatives, the statement noted.

“We hope the Gulf countries will continue to reconcile their differences. Restoring full diplomatic relations is imperative for all parties in the region to unite against common threats. We are stronger when we stand together.”

Pompeo further thanked Kuwait on behalf of the United States for its mediation efforts and support in resolving the Gulf dispute.

According to Saudi political analyst based in Washington, Faisal al-Shammeri, the coming period is important in showing goodwill among the reconciled parties.

He stressed that the change in some of the major events in the region requires unity among GCC states.

Shammeri told Asharq Al-Awsat that GCC and Egypt overcoming the dispute and leaders sitting at the round table indicate their awareness and strong desire to heal the rift and highlight the dangers that threaten the region.

For her part, senior analyst for Gulf states at the International Crisis Group Elham Fakhro told the Wall Street Journal that the thaw in the Gulf dispute means that the balance of power within the GCC will be distributed more fairly.

Qatar will benefit from the reconciliation to cooperate with regional countries against foreign threats, topped by the Iranian’s, especially through its militias that control the decision-making process in several regional countries, such as Syria, Iraq, Lebanon, and Yemen.



Saudi FM, Lebanese Speaker Discuss Efforts Aimed at Stopping Israeli Attacks

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah
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Saudi FM, Lebanese Speaker Discuss Efforts Aimed at Stopping Israeli Attacks

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah held on Thursday a telephone call with Lebanese Parliament Speaker Nabih Berri.

During the call, Prince Faisal and Berri discussed the latest developments in Lebanon and diplomatic efforts aimed at achieving a cessation of hostilities and an end to Israeli attacks.

The Saudi FM reiterated the Kingdom’s support for the stability of Lebanon and to strengthening its state institutions.

Berri praised the Kingdom’s role and its continuous efforts in supporting Lebanon’s security and the broader stability of the region.

He also stressed Lebanon’s commitment to the Taif Agreement and its rejection of any actions that threaten Saudi Arabia’s security.


Saudi Foreign Minister, Cuban Counterpart Discuss Latest Developments in Middle East

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah/File Photo
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah/File Photo
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Saudi Foreign Minister, Cuban Counterpart Discuss Latest Developments in Middle East

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah/File Photo
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah/File Photo

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received a phone call Thursday from Minister of Foreign Affairs of the Republic of Cuba Bruno Rodríguez Parrilla, SPA reported.

During the call, they reviewed the latest developments in the Middle East, in addition to discussing a number of topics and mutual interest.


Saudi Arabia Secures Leading Rankings in Global Entrepreneurship Monitor Report

The Saudi flag. Photo: Asharq Al-Awsat
The Saudi flag. Photo: Asharq Al-Awsat
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Saudi Arabia Secures Leading Rankings in Global Entrepreneurship Monitor Report

The Saudi flag. Photo: Asharq Al-Awsat
The Saudi flag. Photo: Asharq Al-Awsat

Saudi Arabia has secured top global rankings in the Global Entrepreneurship Monitor (GEM) 2025–2026 report, reflecting a highly competitive environment and reinforcing its position as a premier global hub for entrepreneurship.

The Kingdom led all high-income economies in Entrepreneurial Finance, highlighting the efficiency of its financing tools for small and medium-sized enterprises (SMEs). Additionally, Saudi Arabia ranked third globally in the National Entrepreneurship Context Index (NECI), cementing its status as an elite destination for entrepreneurial investment and growth, SPA reported.

Total early-stage Entrepreneurial Activity (TEA) has seen rapid expansion, jumping from 12.1% in 2018 to 28.9% in 2025. Similarly, entrepreneurial intentions nearly doubled, rising from 26.8% to 48.5% over the same period.

This growth is mirrored in the academic sector, where the Kingdom climbed from 53rd to seventh place globally in university-based entrepreneurship.

These milestones result from integrated efforts between government entities like the Small and Medium Enterprises General Authority (Monsha'at), the private sector, and academic institutions.