Regional
Saudi Arabia plans $600 billion in new US investment, trade over four years
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.
United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan arrived in Islamabad on Friday on his first official visit to Pakistan, at the invitation of Prime Minister Shehbaz Sharif, Geo News reported.
He was received by Prime Minister Sharif and senior officials, with his aircraft escorted by Pakistan Air Force jets upon entering Pakistani airspace. The UAE president is accompanied by a high-level delegation.
According to Pakistan’s Foreign Office, the visit aims to review bilateral relations and discuss regional and international issues of mutual interest.
North Korean leader Kim Jong Un has signaled that the country will continue developing missiles over the next five years, following visits to major munitions enterprises in the last quarter of 2025, state media KCNA reported on Friday.
Kim said the country’s missile and shell production sector is “of paramount importance in bolstering war deterrence,” according to KCNA.
The report said Kim ratified draft documents on the modernization of key munitions enterprises, which will be submitted to a major ruling party congress expected to be held in early 2026. The congress is set to outline North Korea’s development plan for the next five years.
KCNA’s report follows Thursday’s disclosure that Kim oversaw the construction of an 8,700-ton nuclear-powered submarine alongside his daughter, widely seen as a potential successor, as well as the test-firing of long-range surface-to-air missiles.
Turkish authorities have detained 115 suspected Daesh members they said were planning to carry out attacks on Christmas and New Year celebrations in the country, the Istanbul chief prosecutor’s office said on Thursday.
Istanbul Police obtained information that Daesh members had planned attacks in Turkey, against non-Muslims in particular, during Christmas and New Year celebrations, the prosecutor’s office posted on X, Reuters reported.
The police raided 124 places in Istanbul, capturing 115 of the 137 suspects they were seeking, the statement said. Several pistols and ammunition were seized, it said.
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