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Trump starts Gulf visit in Saudi Arabia, focus on mega economic deals

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Last Updated on: May 14, 2025

U.S. President Donald Trump began a tour of wealthy Gulf states on Tuesday by visiting Saudi Arabia, with his focus on securing trillions of dollars in investments rather than security issues ranging from war in Gaza to Iran’s nuclear program.

Emerging from Air Force One, Trump punched the air in a show of solidarity when Crown Prince Mohammed bin Salman greeted him at the airport after his arrival in Riyadh with a who’s who of business leaders in tow including billionaire Elon Musk.

Trump will go on from Riyadh, which is hosting a Saudi-US Investment Forum, to Qatar on Wednesday and the United Arab Emirates on Thursday. But he has not scheduled a stop in Israel, a decision that has raised questions about where the close ally stands in Washington’s priorities.

“While energy remains a cornerstone of our relationship, the investments and business opportunities in the kingdom have expanded and multiplied many, many times over,” Saudi Investment Minister Khalid al-Falih said as he opened the forum.

“As a result … when Saudis and Americans join forces very good things happen, more often than not great things happen when those joint ventures happen,” he said before Trump’s arrival.

Trump hopes to secure trillions of dollars of investments from the Gulf oil producers. Saudi Arabia had pledged $600 billion but Trump has said he wants $1 trillion from the kingdom, one of Washington’s most important strategic partners.

The Saudi-US Investment Forum began with a video showing soaring eagles and falcons that celebrated the long history between the United States and the kingdom.

At the front of a palatial hall sat Larry Fink, the CEO of asset management firm BlackRock, Stephen A. Schwartzman, CEO of asset manager Blackstone, Treasury Secretary Scott Bessent, and Saudi Finance Minister Mohammed Al Jadaan and Falih.

Speaking at a forum panel, Fink said he had traveled to Saudi Arabia more than 65 times over 20 years. While the kingdom had been a follower when he first started visiting, it was now “taking control” and broadening its economy out of its oil base, he said.

Musk chatted briefly with both Trump and the crown prince, who is otherwise known as MbS, during a reception at a palace for the U.S. president.

MbS has focused on diversifying the kingdom’s economy in a major reform programme dubbed Vision 2030 that includes “Giga-projects” such as NEOM, a futuristic city the size of Belgium.

The kingdom has had to scale back some of its lofty ambitions as rising costs and falling oil prices weigh.

Joining Trump for a lunch with MbS are top U.S. businessmen including Musk, the Tesla and SpaceX chief, and OpenAI CEO Sam Altman.

LONG TIES BASED ON OIL AND SECURITY

Saudi Arabia and the U.S. have maintained strong ties for decades based on an ironclad arrangement in which the kingdom delivers oil and the superpower provides security.

Trump has also said he may travel on Thursday to Turkey for potential talks between Vladimir Putin and Volodymyr Zelenskiy on Russia’s war in Ukraine. An aide to Zelenskiy said the Ukrainian president would take part only if Putin does. The Russian leader has not said if he will attend, and has questioned Zelenskiy’s legitimacy.

Trump’s second foreign trip since returning to the presidency in January – his first was to Rome for Pope Francis’ funeral – comes at a time of geopolitical tension.

In addition to pressing for a settlement in Ukraine, his administration is pushing for a new aid mechanism for Gaza after 19 months of war and urging Israeli Prime Minister Benjamin Netanyahu to agree a new ceasefire deal there.

Israeli officials have put a brave face on Trump’s decision to bypass Israel during his trip but there are growing doubts in Israel about its position in his priorities as frustration mounts in Washington over the failure to end the Gaza war.

Over the weekend, U.S. and Iranian negotiators met in Oman to discuss a potential deal to curb Tehran’s nuclear program. Trump has threatened military action against Iran if diplomacy fails.

Iran’s Nournews quoted armed forces chief of staff Mohammad Bagheri as saying on Tuesday that Iran’s neighbours should retain neutrality and that any aggression against Iran would lead to definitive retaliation.

Trump is expected to offer Saudi Arabia an arms package worth more than $100 billion, sources told Reuters. This could include a range of advanced weapons.

Trump’s Middle East envoy, Steve Witkoff, said last week he expected progress imminently on expanding the Abraham Accords, a set of deals brokered by Trump in his first term by which Arab states including the UAE, Bahrain and Morocco recognised Israel.

But opposition by Netanyahu to a permanent stop to the war in Gaza or to the creation of a Palestinian state makes progress on similar talks with Riyadh unlikely, sources told Reuters.

(Reuters)

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Pakistan’s military chief Asim Munir in spotlight over Trump’s Gaza plan

Munir was earlier this month anointed chief of the defence forces to head the air force and navy as well, with a job extension until 2030.

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Pakistan’s most powerful military chief in decades faces the toughest test of his newly amassed powers as Washington pushes Islamabad to contribute troops to the Gaza stabilisation force, a move analysts say could spark domestic backlash.

Field Marshal Asim Munir is expected to fly to Washington to meet President Donald Trump in the coming weeks for a third meeting in six months that will likely focus on the Gaza force, two sources told Reuters, one of them a key player in the general’s economic diplomacy.

Trump’s 20-point Gaza plan calls for a force from Muslim nations to oversee a transition period for reconstruction and economic recovery in the war-torn Palestinian territory, decimated by over two years of Israeli military bombardment.

Many countries are wary of the mission to demilitarise Gaza’s Islamist militant group Hamas, which could drag them into the conflict and enrage their pro-Palestinian and anti-Israeli populations.

But Munir has built a close relationship with the mercurial Trump to repair years of mistrust between Washington and Islamabad. In June, he was rewarded with a White House lunch – the first time a U.S. president hosted Pakistan’s army chief alone, without civilian officials.

“Not contributing (to the Gaza stabilisation force) could annoy Trump, which is no small matter for a Pakistani state that appears quite keen to remain in his good graces – in great part to secure U.S. investment and security aid,” said Michael Kugelman, Senior Fellow, South Asia at Washington-based Atlantic Council.

Pakistan, the world’s only Muslim country with nuclear weapons, has a battle-hardened military having gone to war with arch-rival India three times and a brief conflict this summer.

It has also tackled insurgencies in its far-flung regions and is currently embroiled in a bruising war with Islamist militants who it says are operating from Afghanistan.

Pakistan’s military strength means “there is a greater pressure on Munir to deliver his capacity,” said author and defence analyst Ayesha Siddiqa.

Pakistan’s military, foreign office and information ministry did not respond to questions from Reuters. The White House also did not respond to a request for a comment.

Pakistani Foreign Minister Ishaq Dar said last month that Islamabad could consider contributing troops for peacekeeping but disarming Hamas “is not our job.”

Munir was earlier this month anointed chief of the defence forces to head the air force and navy as well, with a job extension until 2030.

He will retain his field marshal title forever, as well as enjoy lifetime immunity from any criminal prosecution under the constitutional amendments that Pakistan’s civilian government pushed through parliament late last month.

“Few people in Pakistan enjoy the luxury of being able to take risks more than Munir. He has unbridled power, now constitutionally protected,” Kugelman added.

“Ultimately, it will be Munir’s rules, and his rules only.”

Over the past few weeks, Munir has met military and civilian leaders from countries such as Indonesia, Malaysia, Saudi Arabia, Turkey, Jordan, Egypt and Qatar, according to the military’s statements, which Siddiqa said appeared to be consultations on the Gaza force.

But the big concern at home is that the involvement of Pakistan troops in Gaza under a U.S.-backed plan could re-ignite protests from Pakistan’s Islamist parties that are deeply opposed to the U.S. and Israel.

The Islamists have street power to mobilise thousands.

A powerful and violent anti-Israel Islamist party that fights for upholding Pakistan’s ultra-strict blasphemy laws was banned in October.

Authorities arrested its leaders and over 1,500 supporters and seized its assets and bank accounts in an ongoing crackdown, officials said.

While Islamabad has outlawed the group, its ideology is still alive.

The party of former jailed premier, Imran Khan, whose supporters won the most seats in the 2024 national elections and has wide public support, also has an axe to grind against Munir.

Abdul Basit, Senior Associate Fellow, S. Rajaratnam School of International Studies in Singapore, said if things escalated once the Gaza force was on the ground, it would cause problems quickly.

“People will say ‘Asim Munir is doing Israel’s bidding’ – it will be foolhardy of anyone not to see it coming.”

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Two US soldiers and an interpreter killed in suspected Daesh attack in Syria

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Two U.S. Army soldiers and a civilian interpreter were killed in Syria on Saturday by a suspected Daesh attacker who targeted a convoy of American and Syrian forces before being shot dead, the U.S. military said.

The attack was barely a month after Syria announced it had signed a political cooperation agreement with the U.S.-led coalition against Daesh, which coincided with Syrian President Ahmed al-Sharaa’s visit to the White House, Reuters reported.

The attacker was a member of the Syrian security forces, three local officials told Reuters. A Syrian Interior Ministry spokesperson told a state-run television channel that the man did not have a leadership role in the security forces.

“On December 10, an evaluation was issued indicating that this attacker might hold extremist ideas, and a decision regarding him was due to be issued tomorrow, on Sunday,” the spokesperson, Noureddine el-Baba, told Syrian television channel Al-Ikhbariya.

In a post on his Truth Social platform, U.S. President Donald Trump vowed “very serious retaliation,” mourning the loss of “three great patriots”. He described the incident in remarks to reporters as a “terrible” attack.

CENTRAL COMMAND SAYS THE ATTACKER WAS KILLED

Three U.S. soldiers were also wounded in the attack, the U.S. military’s Central Command said.

In a statement, Central Command said the attack by a lone gunman occurred “as the soldiers were conducting a key leader engagement” in the central Syrian town of Palmyra. “Partner forces” killed the attacker, U.S. Secretary of Defense Pete Hegseth wrote in a social media post.

A senior U.S. official said initial assessments indicated that Daesh probably carried out the attack, although the militant group did not immediately claim responsibility.

It took place in an area not controlled by the Syrian government, the official said.

Baba said Syria had warned about the possibility of an Daesh attack in that region but that “coalition forces did not take the Syrian warnings… into account.”

He said Syria would determine whether the attacker was linked to Daesh or merely subscribed to the group’s ideology.

The soldiers’ names will be withheld until 24 hours after the next-of-kin notification, the U.S. military said.

US ENVOY CONDEMNS THE ATTACK

Syrian state news agency SANA quoted a security source as saying two Syrian service personnel were injured, without providing further details. The source told SANA that American helicopters evacuated the injured to a U.S. base in Syria’s Al-Tanf region near the Iraqi border.

Tom Barrack, the U.S. ambassador to Turkey and special envoy to Syria, condemned the attack.

“We mourn the loss of three brave U.S. service members and civilian personnel and wish a speedy recovery to the Syrian troops wounded in the attack,” Barrack said in a statement. “We remain committed to defeating terrorism with our Syrian partners.”

The U.S.-led coalition has carried out air strikes and ground operations in Syria targeting Islamic State suspects in recent months, often with the involvement of Syria’s security forces. Syria last month also carried out a nationwide campaign arresting more than 70 people accused of links to the group.

The United States has troops stationed in northeastern Syria as part of a decade-long effort to help a Kurdish-led force there.

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Pakistan’s ex-spy chief jailed for 14 years in rare military rebuke

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A military court in Pakistan jailed former spy chief Faiz Hamid for 14 years on four charges including interference in politics, the army said on Thursday, in a rare conviction of a once-powerful general in the South Asian nation.

Hamid, in custody and under trial since August last year, was the chief of Pakistan’s powerful Inter-Services Intelligence agency from 2019 to 2021 under jailed former Prime Minister Imran Khan, and the two were considered close allies.”The accused was tried on four charges,” the military said in a statement, Reuters reported.

The charges ranged from engaging in political activities and violating the Official Secrets Act in a way detrimental to safety and state interest to misuse of authority and resources as well as causing wrongful loss to individuals, it added.

TIES TO JAILED FORMER PM IMRAN KHAN

The former general was found guilty on all the charges, the military said, without detailing the incidents. His conviction followed “lengthy and laborious legal proceedings”, it added, and Hamid has a right of appeal.

He also faces a separate investigation of his role in May 2023 attacks by thousands of Khan’s supporters on scores of military installations and offices to protest against the arrest of the 72-year-old former cricket star.

Information Minister Attaullah Tarar said Hamid had crossed “red lines” and acted as an advisor to Khan’s party to try to create chaos in the country.

Hamid’s lawyers or family could not be reached for comment. Khan’s PTI party did not immediately respond to a Reuters request for comment.

Khan has been in jail since August 2023.

Khan and nearly 150 of his party leaders and supporters have already been indicted by an anti-terrorism court on charges of inciting the attacks that also targeted military headquarters in the garrison city of Rawalpindi.

Khan and his associates deny the charges.

Hamid’s close ties to Khan, who blames the military for ousting him from power in 2022, were a source of tension between the cricketer-turned-politician and the military.

The military, which has directly ruled the nation of 241 million for more than three decades of its 77-year independent history, plays a big role in making or breaking governments.

 

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