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Kuwait, Saudi Arabia, UAE Pledge $10 Billion to Bahrain

Bahrain's Financial Harbor, left, and World Trade Center in Manama. (Reuters)
Bahrain's Financial Harbor, left, and World Trade Center in Manama. (Reuters)
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Kuwait, Saudi Arabia, UAE Pledge $10 Billion to Bahrain

Bahrain's Financial Harbor, left, and World Trade Center in Manama. (Reuters)
Bahrain's Financial Harbor, left, and World Trade Center in Manama. (Reuters)

Saudi Arabia, the United Arab Emirates, Kuwait and the Arab Monetary Fund (as a consultative party) announced the launch of a financial balance program to support the financial stability of Bahrain.

The program includes providing $10 billion to achieve a balance between government expenditures and revenues by 2022.

The program will provide soft loans to fund the financial balance program that aims at accomplishing public finance stability and continuing the motivation of economic growth of Bahrain.

On Thursday, ministers of finance of the concerned states convened in Bahrain where they signed on the arrangements of the financial cooperation between their governments.

On June 27, Saudi Arabia, UAE and Kuwait revealed a comprehensive economic program to support the financial stability of Bahrain.

Sheikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister and Chairman of the Ministerial Committee for Financial Affairs and Control of Spending, stressed that Bahrain seeks to accomplish the goals of comprehensive development, which were put by King Hamad bin Isa Al Khalifa.

Bahrain's Minister of Finance Sheikh Ahmed bin Mohammed Al Khalifa said: "With spending reductions commencing in the short term and the target of eliminating the budget deficit by 2022, the program secures the foundations of an economy that affords even more opportunity, more jobs, and greater living standards for the Kingdom's generations of today and tomorrow."

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Gulf

Bahrain Busts Cell for Collaborating with Iran

General view of capital Manama, Bahrain, October 30, 2022. (Reuters)
General view of capital Manama, Bahrain, October 30, 2022. (Reuters)
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Bahrain Busts Cell for Collaborating with Iran

General view of capital Manama, Bahrain, October 30, 2022. (Reuters)
General view of capital Manama, Bahrain, October 30, 2022. (Reuters)

Bahrain announced on Monday the arrest of a several individuals for collaborating with Iran’s Revolutionary Guards Corps.

The Public Prosecution said they were found to have been involved with Iranian intelligence and the IRGC.

They were tasked by foreign parties to monitor vital installations inside the kingdom and collecting detailed information about them that they relayed to the parties so that they can be targeted in attacks.

They were also tasked with taking photos of the site of the attacks.

The detainees indeed carried out these tasks, said the Public Prosecution following their interrogation.

On the ground, Bahrain’s defenses intercepted and downed two drones in the past 24 hours.

Bahrain has destroyed 188 rockets and 468 drones since the eruption of the US-Israel war on Iran.

Gulf

Saudi FM Meets Jordanian Counterpart, Holds Phone Talks with Peruvian Foreign Minister

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met with Ayman Safadi, Deputy Prime Minister and Minister of Foreign Affairs and Expatriates of Jordan. (SPA)
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met with Ayman Safadi, Deputy Prime Minister and Minister of Foreign Affairs and Expatriates of Jordan. (SPA)
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Saudi FM Meets Jordanian Counterpart, Holds Phone Talks with Peruvian Foreign Minister

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met with Ayman Safadi, Deputy Prime Minister and Minister of Foreign Affairs and Expatriates of Jordan. (SPA)
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met with Ayman Safadi, Deputy Prime Minister and Minister of Foreign Affairs and Expatriates of Jordan. (SPA)

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah on Monday met in Riyadh with Ayman Safadi, Deputy Prime Minister and Minister of Foreign Affairs and Expatriates of Jordan, and held phone talks with his Peruvian counterpart Hugo de Zela, the Saudi Press Agency reported.

During his meeting with Safadi, the two officials reviewed bilateral relations and explored ways to expand cooperation across all sectors, in line with the directives of their countries’ leaderships.

They also discussed the latest regional developments, underscoring their solidarity in confronting Iranian aggression against their countries and several other Arab states, and rejecting what they described as a flagrant violation of international law and the principles of good neighborliness.

They affirmed their support for all measures aimed at safeguarding the sovereignty and security of states, in accordance with international law and conventions.

The meeting also addressed developments in Syria and Palestine. The two sides stressed the need to halt Israeli violations, ensure the delivery of humanitarian aid to the Gaza Strip, and support efforts to promote security, stability, and de-escalation across the region.

The meeting was attended by the Undersecretary of the Ministry for Political Affairs Dr. Saud Al-Sati and Minister Plenipotentiary at the Ministry of Foreign Affairs Dr. Manal Radwan.

During his phone call with Zela, the two officials discussed bilateral relations and discussed regional developments and ongoing efforts to address them.

Gulf

Saudi Arabia, Russia Agreement on Visa-Free Travel Takes Effect on May 11

The agreement was signed by Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and Russian Deputy Prime Minister Alexander Novak in December. (SPA)
The agreement was signed by Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and Russian Deputy Prime Minister Alexander Novak in December. (SPA)
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Saudi Arabia, Russia Agreement on Visa-Free Travel Takes Effect on May 11

The agreement was signed by Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and Russian Deputy Prime Minister Alexander Novak in December. (SPA)
The agreement was signed by Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and Russian Deputy Prime Minister Alexander Novak in December. (SPA)

Saudi Arabia and Russia’s agreement to mutually exempt visitors from a travel visa goes into effect on May 11, announced the Kingdom’s Foreign Ministry.

The agreement, first signed on December 1, 2025, allows citizens of both countries to travel to each other without a visa.

Travelers can stay for up to 90 days, either continuously or intermittently, within a year.

The exemption applies to visits for tourism, business, and family purposes. It does not extend to people traveling for work, study, residency, or Hajj, and appropriate visas must be obtained for those purposes.

The agreement underscores the commitment of both countries in facilitating entry procedures for their citizens, which will increase reciprocal visits and boost tourism, economic, and cultural cooperation.

It will also contribute to strengthening various sectors and expanding cooperation and partnerships between Saudi Arabia and Russia.