Connect with us

Regional

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

Published

on

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)

Regional

Pakistan agrees to $4 billion arms deal with Libyan National Army

The package reportedly includes air, land and naval equipment and may involve the sale of JF-17 fighter jets and Super Mushak trainer aircraft to Libya.

Published

on

Pakistan has reached a military equipment deal worth more than $4 billion with Libya’s eastern-based Libyan National Army (LNA), Pakistani officials said, despite a long-standing United Nations arms embargo on the country.

The agreement was finalised following a recent meeting in Benghazi between Pakistan’s Army Chief, Field Marshal Asim Munir, and Saddam Khalifa Haftar, the LNA’s deputy commander-in-chief. Officials said the deal will be implemented over about two and a half years, Reuters reported.

According to officials familiar with the agreement, the package includes air, land and naval equipment and may involve the sale of JF-17 fighter jets and Super Mushak trainer aircraft. Estimates of the deal’s value range between $4 billion and $4.6 billion, making it one of Pakistan’s largest-ever defence exports.

The LNA confirmed entering a defence cooperation pact with Pakistan, covering weapons sales, training and military manufacturing, though it did not provide details. Haftar described the agreement as the start of a “new phase of strategic military cooperation.”

Libya has been under a UN arms embargo since 2011, requiring international approval for weapons transfers. It remains unclear whether exemptions have been sought. Pakistani officials said the deal does not violate UN restrictions, noting that several countries continue to engage militarily with Libyan factions.

Pakistan has been actively expanding its defence exports, promoting its domestically produced and China co-developed JF-17 fighter as a lower-cost alternative to Western aircraft.
The Libya agreement would mark a significant expansion of Pakistan’s defence footprint in North Africa amid growing international competition for influence in the country.

Continue Reading

Regional

Imran Khan calls for street movement, urges public to reclaim rights

Khan has appealed for collective action, saying the movement was necessary to restore the rule of law, ensure justice, and end what he described as politically motivated and pre-determined court decisions.

Published

on

Former Pakistani Prime Minister Imran Khan has called on his supporters and the wider public to prepare for a nationwide street movement, urging citizens to rise in defense of their fundamental rights.

In a message issued from Adiala Jail, where he is currently detained, Khan appealed for collective action, saying the movement was necessary to restore the rule of law, ensure justice, and end what he described as politically motivated and pre-determined court decisions.

Khan said the recent verdict against him was part of sustained political pressure, alleging that the ruling was delivered without due legal process and without giving him a fair opportunity to present his defense. He warned that such practices have severely damaged the credibility of Pakistan’s judicial system.

The former prime minister also called on lawyers, constitutional experts, and members of the legal community to stand with the public and play an active role in safeguarding the Constitution and the rule of law. He said political stability and economic progress were impossible without an independent and impartial judiciary.

Addressing civil-military relations, Khan said his criticism was aimed at individuals rather than institutions. He described the military as belonging to the people of Pakistan, while alleging that actions taken against him in detention were carried out on the instructions of military authorities.

Khan drew comparisons with the 2007 political crisis, warning that continued erosion of the rule of law would have lasting consequences for the country. He praised judges who resist pressure as national heroes and criticized those who, he said, follow orders without question.

The statement comes amid heightened political and judicial tensions in Pakistan, with Khan’s trial and detention continuing to draw strong domestic and international attention.

Continue Reading

Regional

Pakistan court hands Imran Khan, wife 17-year jail terms in another graft case

Published

on

A Pakistani court on Saturday sentenced former Prime Minister Imran Khan and his wife Bushra Bibi to 17 years in prison each in a corruption case involving the under-priced purchase of luxury state gifts, the court and Khan’s lawyers said.

The latest conviction adds to a series of legal troubles for Khan, who has been behind bars since August 2023, and is currently serving a 14-year sentence in a separate land graft case, Reuters reported.

He faces dozens of cases filed since he was ousted from office in 2022, ranging from corruption to anti-terrorism and state secrets charges. Khan has denied wrongdoing in all the cases, which his party says are politically motivated.

“The court announced the sentence without hearing the defence and sentenced 17 years imprisonment to Imran Khan and Bushra Bibi with heavy fines,” Khan’s family lawyer Rana Mudassar Umer told Reuters.

They were handed 10 years’ rigorous imprisonment under Pakistan’s penal code for criminal breach of trust and a further seven years under anti-corruption laws, the special court of Pakistan’s Federal Investigation Agency said in its verdict.

He faces dozens of cases filed since he was ousted from office in 2022, ranging from corruption to anti-terrorism and state secrets charges. Khan has denied wrongdoing in all the cases, which his party says are politically motivated.

“The court announced the sentence without hearing the defence and sentenced 17 years imprisonment to Imran Khan and Bushra Bibi with heavy fines,” Khan’s family lawyer Rana Mudassar Umer told Reuters.

They were handed 10 years’ rigorous imprisonment under Pakistan’s penal code for criminal breach of trust and a further seven years under anti-corruption laws, the special court of Pakistan’s Federal Investigation Agency said in its verdict.

Khan’s jail term from Saturday’s ruling would begin after he has served the 14 years from the land graft case, Information Minister Attaullah Tarar said.

The case relates to luxury watches gifted to Khan by Saudi Arabia’s Crown Prince Mohammed bin Salman during official visits, which prosecutors said Khan and his wife then purchased from the state at a heavily discounted price in violation of Pakistan’s gift rules.

Tarrar said the purchase resulted in losses of several million rupees for the state.

Zulfi Bukhari, a spokesperson for Khan, said the verdict “ignores basic principles of justice” and turns the process into “a tool for selective prosecution.”

Khan has told his legal team to appeal the decision at the Islamabad High Court, Salman Safdar, another one of his lawyers, told reporters outside the jail where the trials were being held, Geo News reported.

ANOTHER STATE GIFTS CONVICTION

The case is separate from an earlier state gifts prosecution linked to Khan’s August 2023 arrest. Earlier sentences of 14 years for Khan and seven years for Bushra Bibi were later suspended on appeal. The couple denies wrongdoing.

The cases are commonly known in Pakistan as the Toshakhana cases, referring to the state repository where gifts received by public officials are deposited.

Following the verdict, Khan’s Pakistan Tehreek-e-Insaf (PTI) party announced plans for protests across Punjab on Sunday.

Khan’s party also says routine family and legal visits have been blocked in recent weeks despite court orders. Authorities deny any mistreatment and say he is receiving all facilities available to prisoners.

Khan, a former cricket star turned politician, remains one of Pakistan’s most polarising figures, with his legal battles unfolding as his Pakistan Tehreek-e-Insaf party remains sidelined from power.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!