Connect with us

Regional

Saudi Arabia plans $600 billion in new US investment, trade over four years

Published

on

Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into expanded investment and trade with the United States over the next four years, the Saudi State news agency said early on Thursday.

In a phone call between the two leaders, the crown prince said the Trump administration’s expected reforms could create “unprecedented economic prosperity”, the state news agency reported, according to Reuters.

The report said Saudi Arabia wants its investments to capitalize on these conditions. It did not detail the source of the $600 billion, whether it would be public or private spending nor how the money would be deployed.

The investment “could increase further if additional opportunities arise”, the agency quoted Bin Salman as telling Trump.

Trump fostered close ties with Gulf states including Saudi Arabia during his first term. The country invested $2 billion in a firm formed by Jared Kushner, Trump’s son-in-law and former aide, after Trump left office.

Trump said following his inauguration on Monday that he would consider making Saudi Arabia his first destination for a foreign visit if Riyadh agreed to buy $500 billion worth of American products, similar to what he did in his first term.

“I did it with Saudi Arabia last time because they agreed to buy $450 billion worth of our product. I said I’ll do it but you have to buy American product, and they agreed to do that,” Trump said, referring to his 2017 visit to the Gulf kingdom.

Regional

Iran arrests at least four reform front politicians

Published

on

The Islamic Iran Nation’s Union Party sought the release of secretary-general Azar Mansouri, the Shargh newspaper said on Monday, after her arrest along with other members of the Reform Front, an umbrella body of Iranian reformists and moderates.

A campaign of mass arrests and intimidation has led to the arrests of thousands as authorities seek to deter further protests after last month’s crackdown on the bloodiest unrest since the 1979 Islamic Revolution.

On Sunday, state media said three senior figures from Iran’s Reform Front were arrested, among them Ebrahim Asgharzadeh, Mohsen Aminzadeh, and Azar Mansouri, who acts as the front’s head, according to Reuters.

Shargh said at least two more Reform Front members were asked to report to the prosecutor’s office in Tehran’s Evin prison on Tuesday.

The Reform Front’s spokesperson, Javad Emam, was also arrested, Mansouri’s lawyer, Hojjat Kermani, said on Monday, adding that it was unclear what charges faced those detained.

“We basically don’t know what caused these arrests, because the Reform Front has not yet issued a statement about the recent events (protests),” Kermani told the Iranian Labour News Agency (ILNA). “Individuals may have commented on their own.”

On Sunday, the judiciary’s media outlet Mizan said “four important political elements supporting the Zionist (regime) and the United States” were indicted, but gave no details.

Tehran has blamed unrest-related violence on “rioters and armed terrorists” it says were backed by its key enemies, Israel and the United States.

Past Reform Front statements have been highly critical of authorities. After the 12-day war against Israel, its members warned that “incremental collapse” awaited the country if it did not adopt fundamental reforms.

Kermani said the recent arrests were not related to a judicial case launched against the Front after that statement, however.

Continue Reading

Regional

Eight killed in explosion in northern China, state media says

Published

on

An explosion at a small biotech company in northern China early Saturday killed eight people, China’s state media reported on Sunday.

The explosion occurred in Shuoyang in the Shanxi province in the early morning of Saturday, state media reported, according to Reuters.

The legal representative of Jiapeng Biotechnology has been detained and the city has set up an accident investigation team, Xinhua News Agency reported.

The firm is located in a mountain hollow and dark yellow smoke was seen billowing from the accident site, Xinhua said.

Reuters was not able to contact the company, which does not maintain a website. The cause of the reported explosion was not immediately clear.

Founded in June 2025, Jiapeng Biotechnology conducts research on animal feed, coal products and building materials, according to its corporate registration.

Continue Reading

Regional

Iran’s FM calls Oman-mediated talks with US ‘good start’

Published

on

Iran’s foreign minister on Friday described talks with the United States in Oman as a “good start,” saying the negotiations “can also have a good continuation,” Iranian state media reported.

The discussions, mediated by Oman, marked a resumption of nuclear diplomacy between Tehran and Washington. Iranian state media said the current round of talks concluded on Friday, with both delegations returning to their respective capitals.

Speaking to state media reporters in Muscat, Iranian Foreign Minister Abbas Araghchi said the talks’ progress depends on the U.S. and on decisions made in Tehran.

Araghchi said a “significant challenge” remains, citing a prevailing atmosphere of distrust. He said Iran’s priority is to overcome this distrust and then establish an agreed framework for the talks and the issues on the table.

He described the talks as a fresh round of dialogue after eight turbulent months that included a war, saying the accumulated distrust presents a major obstacle to negotiations.

“If this same approach and perspective are maintained by the other side, we can reach an agreed framework in future sessions,” Araghchi said, adding that he did not want to judge prematurely.

Iranian Foreign Ministry spokesman Esmaeil Baqaei also confirmed on the social media platform X that both sides agreed to continue talks and would decide the next round in consultation with their capitals.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!