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Representative image credits: AP Saudi Arabia carried out a series of unpublicised airstrikes on Iran in late March in retaliation for attacks inside the kingdom during the Middle East conflict, according to sources cited by Reuters.The strikes marked the first known case of Saudi Arabia directly conducting military action on Iranian soil, underscoring a major…
Donald Trump’s sudden decision to pause a US-led effort to secure shipping through the Strait of Hormuz may have been driven by growing anger from key Gulf allies, particularly Saudi Arabia, according to a report by NBC news.The report said Trump’s “Project Freedom” announced abruptly on social media on Sunday caught several Gulf nations off…
The Pakistan Cricket Board (PCB) is in discussions with the Saudi Arabia Cricket Federation over plans to build a new cricket stadium in Jeddah, a proposal that has already received approval from the PCB’s Governing Board.According to sources quoted by PTI, PCB chairman Mohsin Naqvi is leading the talks with Saudi cricket officials, and an…
Pakistan has suspended a proposed $1.5 billion agreement to supply weapons and fighter jets to Sudan after Saudi Arabia asked Islamabad to terminate the arrangement and said it would no longer finance the purchase, according to two Pakistani security sources and a diplomatic source.The development comes as Sudan remains gripped by a conflict between the…
Pakistan gets $3bn from Saudi Arabia as ‘support’ to shore up forex reserves as UAE debt looms Saudi Arabia has provided new financial help to Pakistan with an extra $3 billion deposit. It has also extended an existing $5 billion loan. This support is important for Pakistan as it struggles to meet its growing debt…
Pakistani PM Shehbaz Sharif with Crown Prince Mohammed Salman during the signing of the pact between both nations. (File photo) Leaked classified documents have revealed the inner workings of a secret Saudi Arabia-Pakistan mutual defense pact, exposing how Islamabad may be far more deeply tied to the ongoing Iran conflict than previously known.The disclosures, obtained…
On the sidelines of the IMF and World Bank spring meetings, Finance Minister Muhammad Aurangzeb said Pakistan remains capable of meeting its debt obligations. (AI image) With its finances severely strained, Pakistan is scrambling for options to replace the $3.5 billion facility from the United Arab Emirates and stabilise its foreign exchange reserves. The country…
Saudi Arabia is set to significantly scale back its oil supplies to China next month, with traders indicating that shipments could fall to nearly half of the volumes seen in April as the Middle East tensions continue to intensify and disrupt energy flow across the country.Chinese buyers are expected to receive around 20 million barrels…
Pakistan Prime Minister Shehbaz Sharif is set to visit Saudi Arabia within the next 48 hours after receiving an invitation from Crown Prince Mohammed bin Salman, Geo News reported on Monday. The trip comes at a time when a ceasefire, which began on Tuesday, is in place after six weeks of fighting that killed thousands,…
Pakistan’s prime minister Shehbaz Sharif (File photo) Cash-strapped Pakistan is set to receive $5 billion in financial support from Saudi Arabia and Qatar, giving it relief as pressure builds on its external position, a media report said on Sunday.The expected inflows come at a crucial time, as Islamabad prepares to repay $3.5 billion to the…
