Showing posts with label Saudi Arabia. Show all posts
Showing posts with label Saudi Arabia. Show all posts

Saturday 23 March 2024

Saudis commit US$101 million for Pakistan

The Saudi Fund for Development (SFD), Chief Executive Officer, Sultan Abdulrahman Al-Marshad and Secretary of the Ministry of Economic Affairs of Pakistan Dr. Kazim Niaz signed two strategic development loan agreements totaling US$101 million to bolster Pakistan's clean energy sector.

These agreements, valued at US$66 million for the Shounter Hydropower Project and US$35 million for the Jagran-IV Hydropower Project, aim to significantly enhance Pakistan's renewable energy infrastructure by adding a combined total of 70MW hydropower capacity to the national grid.

The funding will facilitate the construction of essential infrastructure, including dams, water diversion systems, powerhouses, and transmission lines, marking a significant step forward in Pakistan's transition towards sustainable energy sources.

These projects not only aim to address the environmental and financial challenges associated with conventional energy sources but also underscore the critical role of clean energy in promoting sustainable development, economic growth, and social welfare across Pakistan.

This move reinforces the SFD's long-standing commitment to supporting Pakistan's development goals, having financed 41 development projects and programs since 1976 with soft loans and grants exceeding US$1.4 billion, aimed at fostering growth in various critical sectors throughout the country.

Thursday 21 March 2024

Stopping military operations in Gaza

Saudi Crown Prince and Prime Minister Mohammed bin Salman and US Secretary of State Antony Blinken held a meeting in Jeddah on Wednesday.

During the meeting, they discussed the latest regional and international developments, foremost of which were the developments in the Gaza Strip. The efforts to stop military operations in Gaza, and dealing with its security and humanitarian repercussions were figured high in their talks.

The entire population in Gaza is experiencing high levels of acute food shortage, with around 1.1 million people or half the population living through catastrophic food insecurity.

Famine is now projected and imminent in the North Gaza and Gaza Governorates and is expected to become manifest during the projection period from mid-March 2024 to May 2024.

The famine is projected to occur in Gaza’s northern governorates if conflict escalates, including the impending ground offensive in the southern city of Rafah, and if the hostilities continue to obstruct the flow of humanitarian aid to parts of Gaza where people in need reside.

Some households face massive food shortages, being in the phase four and five categories and the latest data shows that people are resorting to eating animal fodder, scavenging or begging.

“There is an imminent risk of famine in North of Gaza and a risk of famine across the [Gaza] Strip,” Nour Shawaf, the MENA policy adviser at Oxfam, told Al Jazeera.

The Crown Prince and Blinken also reviewed bilateral relations and areas of cooperation between the two countries and issues of mutual concern.

The meeting was attended by Minister of Defense Prince Khalid bin Salman, Saudi Ambassador to the United States Princess Reema bint Bandar, Minister of Foreign Affairs Prince Faisal bin Farhan, and Minister of State, Cabinet Member and National Security Advisor Dr. Musaed Al-Aiban, as well as the US Secretary of State’s accompanying delegation.

Saturday 17 February 2024

Palestinian state must for Mideast stability

Saudi Foreign Minister Prince Faisal bin Farhan said on Saturday that the only pathway towards security and stability in the Middle East, including Israel, was through the establishment of a Palestinian state, reports the Saudi Gazette.

Addressing a panel discussion at the Munich Security Conference about normalization of ties with Israel, Prince Faisal underscored the need to ensure a safe path to a two-state solution, saying, the greater the consensus in the international community on the two-state solution, the closer we will get to it.

Egyptian Foreign Minister Sameh Shoukry and Belgian Foreign Minister Hadja Lahbib also attended the discussion.

The foreign minister said that Saudi Arabia has no relations with Israel. “Normalization of relations with Israel depends on the implementation of the Arab Peace Treaty. We do not talk to them directly,” he said.

Prince Faisal stressed that Saudi Arabia was now concentrating on a truce in the Gaza war. “We are focused on a ceasefire and on an Israeli withdrawal from Gaza and we are focused on humanitarian access for the people of Gaza”.

“What Israel is doing in Gaza will not make it safer, but rather will push a new generation towards extremism,” he said while calling for all those, who obstruct the two-state solution, to be held accountable.

For his part, Sameh Shoukry said that Cairo confirmed to Tel Aviv that removing the displaced Palestinians from Rafah poses a threat to Egypt’s national security, saying that there are catastrophic consequences of displacing the people of Gaza.

He considered that the lack of will of the international community is what has been obstructing the two-state solution for years.

On her part, Hadja Lahbib called for bringing out a comprehensive plan to end the Israeli-Palestinian conflict, stressing that the current crisis in Gaza cannot be resolved militarily.

The Belgian minister said that Israel must offer an alternative solution as long as it rejects the two-state solution, stressing that the two-state solution is capable of defusing the conflict in the Middle East.

Meanwhile, Josep Borrell, high representative of the European Union for Foreign Affairs and Security Policy, said on Saturday that he discussed with Saudi Foreign Minister Prince Faisal bin Farhan the catastrophic situation in the Gaza Strip.

In a statement on his X account, Borrell stated that he also discussed with the Saudi minister the need for regional security and the practical steps that can be taken within the framework of our joint work on the two-state solution.

On Friday, Prince Faisal discussed with his British counterpart David Cameron the developments on the Gaza situation and the international efforts being made in this regard. Their meeting was held on the sidelines of the Munich Security Conference.

Monday 12 February 2024

Iranian Revolution Celebrations in Jeddah

A ceremony marking the 45th anniversary of the Islamic Revolution of Iran was held at the Iranian consulate in Jeddah, Saudi Arabia. 

The gathering was attended by Mazen bin Hamli, Director General of the Office of the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia in Jeddah, a large group of consuls stationed in Jeddah, representatives of various countries at the Organization of Islamic Cooperation, as well as traders, economic activists, and media personnel.

Hassan Zarnegar Abarghouei, Consul General of the Islamic Republic of Iran in Jeddah, delivered a speech, thanking the guests for joining Iranians in celebrating a big day in their country’s history.  

In his speech, he referred to the scientific and technological achievements and economic, tourism, and scientific capacities of Iran, emphasizing the necessity of developing relations between Tehran and Riyadh and the readiness of traders and merchants from both countries to expand cooperation.

He further emphasized the need for unity among Islamic countries to end the crimes of the Zionist regime against the besieged Palestinian people in Gaza. 

The Iranian Consulate in Saudi Arabia’s port city of Jeddah was officially reopened in June of last year. The two countries had severed their ties in January 2016 after the execution of Sheikh Nimr al-Nimr, a prominent Shia cleric in Saudi Arabia, prompted angry protests in front of the Saudi Embassy in Tehran and the kingdom's Consulate in the holy city of Mashhad.

China successfully mediated high-stakes talks between Tehran and Riyadh in March of last year, which led to the conclusion of a deal between the two sides that foresaw the resumption of their ties.

 

Wednesday 7 February 2024

Achieving Gulf Unity and Prosperity

Saudi Crown Prince and Prime Minister Mohammed bin Salman expressed his aspiration to make more efforts to achieve the vision of Custodian of the Two Holy Mosques King Salman to achieve the unity of the Gulf Cooperation Council (GCC) countries as well as the stability and prosperity of their people.

The Crown Prince said this while co-chairing the 3rd meeting of the Saudi-Bahraini Coordination Council along with Bahrain’s Crown Prince and Prime Minister Prince Salman bin Hamad Al-Khalifa in Riyadh on Wednesday. The two leaders witnessed the announcements about key joint projects and signing of a number of agreements and memoranda of understanding (MoUs) between the two countries.

In his speech, the Crown Prince highlighted the significance of the activities and initiatives being carried out by the Saudi-Bahraini Coordination Council and its affiliated committees in all areas of cooperation, saying that this would benefit the citizens of both countries and meet the aspirations of their leadership. He also lauded the strong and deep-rooted historical relations that bind the two kingdoms and their peoples.

In his speech, Prince Salman bin Hamad praised the level of distinguished relations and historical ties between the two kingdoms. He stressed the importance of these meetings and their effective role in strengthening the strategic partnerships between Bahrain and Saudi Arabia to achieve the desired integration and its contribution to pushing joint cooperation towards new horizons that achieve prosperity and development for the two countries and their peoples.

Prince Salman praised the good efforts made by Crown Prince Mohammed bin Salman in supporting various initiatives and projects that would contribute to achieving integration and development for the two countries, including the initiatives that the committees of the Saudi-Bahraini Coordination Council are working on, which aim to put shared aspirations and visions into practice.

In the presence of Prince Mohammed bin Salman and Prince Salman bin Hamad the opening of the first office of the Saudi-Bahraini Company and the completion of the construction of King Abdullah Medical City Hospital in Bahrain were announced.

The company was established in November 2022 between the Saudi Public Investment Fund and the Bahrain Mumtalakat Holding Company, with an investment amounting to US$5 billion. The King Abdullah Medical City Hospital is scheduled to begin operation during the second quarter of 2024.

Announcements were also made with regard to a number of projects related to launching training opportunities and incubating private sector institutions concerned with artificial intelligence, networking and electronic data sharing, and partnerships between private sector institutions in the fields of health and handling of products between the two countries.

During the meeting, a number of agreements and MoUs were signed in the fields of energy, economy, finance and financial markets, legal, culture, education, administrative development, health, television, radio and news.

Several ministers and high ranking officials from the two countries attended the meeting. It was agreed to hold the 4th meeting of the Saudi-Bahraini Coordination Council in Bahrain.

Tuesday 6 February 2024

Saudi Arabia: No Israel ties without recognition of independent Palestinian state

Saudi Arabia has clearly communicated to the United States that it will not establish diplomatic relations with Israel without substantial progress on the Palestinian issue.

The Kingdom is demanding the recognition of an independent Palestinian state within the 1967 borders, with East Jerusalem as its capital.

Additionally, it has called for an end to Israeli aggression in the Gaza Strip and insists on the withdrawal of all Israeli occupation forces from the area as prerequisites for any future diplomatic engagement with Israel.

A statement issued by the Ministry of Foreign Affairs highlights that Saudi Arabia's position on the Palestinian issue is steadfast, emphasizing the necessity for the Palestinian people to obtain their legitimate rights.

This stance is particularly relevant in light of ongoing discussions between Saudi Arabia and the US concerning the Arab-Israeli peace process, further underscored by recent comments from the spokesperson for the US National Security Council.

This declaration is a pivotal moment in Middle Eastern politics, signifying Saudi Arabia's firm commitment to the Palestinian cause and setting clear conditions for any normalization of relations with Israel.

The Kingdom underscored that resolving the Palestinian issue is central to achieving lasting peace and stability in the region.

Saudi Arabia has also reaffirmed its appeal to the international community, especially urging the permanent member states of the Security Council that have not yet recognized the Palestinian state, to promptly do so.

The Kingdom advocates for the swift recognition of the Palestinian state within the 1967 borders and with East Jerusalem as its capital, aiming to empower the Palestinian people to attain their legitimate rights and to ensure a comprehensive and just peace for all.

Wednesday 31 January 2024

Saudi Arabia and Kuwait assert ownership of Durra field

Saudi Arabia and Kuwait underscored their unequivocal stance regarding the Durra field, asserting its location entirely within Kuwait's exclusive maritime areas. They emphasized that the natural resources in the divided submerged area, including the Durra field, are shared exclusively between Saudi Arabia and Kuwait. This unequivocal stance rejects any claims of rights by any other party in this area.

The assertion of this stand came in a joint statement issued following the visit of Kuwait's Emir, Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, to Saudi Arabia on Tuesday. During the visit, the Kuwaiti Emir held talks with Saudi Arabia's King Salman, as well as Crown Prince and Prime Minister Mohammad bin Salman.

The two nations renewed their call on Iran to engage in negotiations over the eastern border of the divided submerged area, involving Kuwait and Saudi Arabia as one party, in accordance with international law.

Saudi Arabia and Kuwait have reaffirmed their call to neighboring Iraq to honor the 2012 agreement concerning the regulation of navigation in the Khor Abdullah waterway.

The joint statement emphasized the importance of the Khor Abdullah agreement, which came into force on December 5, 2013, after ratification by both countries and subsequent submission to the United Nations on December 18, 2013.

The two nations expressed their disapproval of Iraq's unilateral cancellation of the security exchange protocol established between Kuwait and Iraq in 2008, as well as the endorsed map signed between the two countries on December 28, 2014. The map included a clear mechanism for amendment and cancellation.

Moreover, Saudi Arabia and Kuwait reiterated their support for the UN Security Council Resolution No. 2107 (2013). This resolution seeks the Special Representative of the Secretary-General to facilitate efforts in determining the fate of missing Kuwaitis, and third-country nationals, and the return of the seized Kuwaiti property, including national archives.

The joint statement covered various aspects of cooperation, including economic, commercial, and investment collaboration. Both sides hailed the growth of trade relations and mutual investments, emphasizing the importance of expanding economic cooperation and partnership, aligning with their respective visions – Saudi Arabia's Vision 2030 and Kuwait's Vision 2035.

The Saudi side extended an invitation to Kuwaiti investors and companies to expand their presence in the Kingdom and take advantage of available investment opportunities. Additionally, the two nations expressed their desire to sign an agreement to prevent double taxation.

On the defense and security front, both countries highlighted their commitment to strengthening defense cooperation and strategic relations to ensure regional security and stability. They emphasized the importance of combating crimes such as drug trafficking, border security, extremism, and terrorism, and promoting a culture of moderation and tolerance.

Regarding the Palestinian territories, Saudi Arabia and Kuwait voiced deep concern about the humanitarian crisis in the Gaza Strip due to the Israeli occupation's military operations. They called for international action to halt the Israeli aggression, protect civilians, and enable humanitarian organizations to provide aid to Palestinians. They stressed the need for a comprehensive and just settlement of the Palestinian issue based on a two-state solution, the Arab Peace Initiative, and relevant UN resolutions.

The joint statement also addressed the Yemeni crisis, expressing support for international and regional efforts to reach a comprehensive political solution. Kuwait praised Saudi Arabia's initiatives aimed at encouraging dialogue and reconciliation among Yemeni parties, as well as the Kingdom's humanitarian aid efforts.

Regarding navigation in the Red Sea, Saudi Arabia and Kuwait emphasized the importance of maintaining security and stability in the region and respecting the right to safe maritime navigation in accordance with international law and the United Nations Convention on the Law of the Sea of 1982. They called for restraint and de-escalation amid the region's heightened tensions.

Why United States has bases in Middle East?

United States has been operating bases around the Middle East for decades. Often questions are asked: what are US troops doing in the Middle East and where are these bases located? These questions have got louder after three US soldiers were killed and dozens wounded as a drone hit a military outpost in Jordan, known as Tower 22, on Sunday. The location is just one of many bases the US has in the Middle East.

Tower 22 holds a strategically important location in Jordan, at the most northeastern point where the country's borders meet Syria and Iraq.

Specifically, Tower 22 is near Al Tanf garrison, which is located across the border in Syria, and which houses a small number of US troops. Tanf had been the key in the fight against Islamic State and has assumed a role as part of a US strategy to contain Iran's military build-up in eastern Syria.

US bases are highly guarded facilities, including with air defense systems to protect against missiles or drones.

Facilities in countries like Qatar, Bahrain, Saudi Arabia and Kuwait are not usually attacked, but US troops in Iraq and Syria have come under frequent attacks in recent years.

Reportedly, since October 07, 2023 US troops have been attacked more than 160 times, injuring about 80 troops, even prior to Sunday's attack on Tower 22, which has injured around 40 more

The US has been operating bases around the Middle East for decades. At its peak, there were more than 100,000 US troops in Afghanistan in 2011 and over 160,000 personnel in Iraq in 2007.

The number has declined substantially after withdrawal from Afghanistan in 2021, but still about 30,000 US troops scattered across the region.

Since the Israel-Gaza war began in October 2023, the US has temporarily sent thousands of additional troops in the region, including on warships.

The largest US base in the Middle East is located in Qatar, known as Al Udeid Air Base and built in 1996. Other countries where the US has a presence include Bahrain, Kuwait, Saudi Arabia and the United Arab Emirates (UAE).

The US has roughly 900 troops in Syria, in small bases like al Omar Oil field and al-Shaddadi mostly in the northeast of the country. There is a small outpost near the county's border with Iraq and Jordan, known as the Al Tanf garrison.

There are 2,500 personnel in Iraq, spread around facilities like Union III and Ain al-Asad air base, though talks are ongoing about the future of those troops.

 US troops are stationed in the Middle East for different reasons and with the exception of Syria, they are there with the permission of each country's government.

In some countries like Iraq and Syria, US troops are there to fight against Islamic State militants and are helping local forces. But they have come under attack over the past several years and have taken action against the attackers.

Jordan, a key US ally in the region, has hundreds of US trainers and they hold extensive exercises throughout the year.

In Qatar and the UAE, US troops have a presence to reassure allies, carry out training and are used as needed in operations in the region.

While Washington's allies sometimes send their troops to train or work with US troops, there are no foreign military bases inside the United States.

 

 

 

 

 

Tuesday 30 January 2024

Aramco to maintain oil production at 12 million bpd

Saudi Aramco, the world's largest oil-producing company, announced on Tuesday that it has received directives from the Ministry of Energy to maintain its maximum sustainable capacity (MSC) at 12 million barrels per day. This directive puts a hold on previous plans to increase production to 13 million barrels.

The determination of MSC, as outlined in the press release, is a responsibility of the state under the Hydrocarbons Law, which was enacted by Royal Decree M/37 on December 20, 2017. This law provides the framework for Saudi Arabia's oil production strategies and capacity decisions.

Aramco also indicated that it would provide an update on its capital spending guidance when it announces its full-year 2023 results in March. This update is eagerly anticipated by investors and market analysts, as it will provide insights into the company's strategic planning and investment priorities in light of the current market conditions and the ongoing energy transition.


Friday 26 January 2024

USIP highlights Implications of Iranian attack on US Policy

While the US policymakers and the broader policy community are accustomed to Iranian aggression — mostly through proxies — across the Middle East, direct Iranian military strikes in Pakistan are a novel development for them.

The strikes will only reinforce US leaders’ perception of Iran as a reckless actor.

In line with that, the State Department issued a statement condemning Iran’s actions against Pakistan — and disputed the Iranian charge against Pakistan by calling Iran the “leading funder” of terrorism and instability in the region.

As for a Pakistan policy perspective, it is in United States’ interest that there is no further regional flare-up involving Pakistan which destabilizes the country at a time of economic and political stress.

Policymakers will also hope for a de-escalation to not jeopardize, or at least not disrupt, ongoing counterterrorism cooperation with Pakistan on Afghanistan.

Beyond the immediate standoff, some policymakers and US Central Command, which maintains strong ties with Pakistan, may see synergies with a Pakistan feeling threatened by Iran to balance Iranian military and proxy power in the region.

Iran-Pakistan tensions are not endemic, with incentives on both sides to maintain a functional relationship.

This basic diagnosis of Iran-Pakistan relations, combined with the United States’ Indo-Pacific priorities and uncertainty in Pakistan about working with the United States on Middle East issues, will put a ceiling on any cooperative agenda around nefarious Iranian activities in the region.

USIP rationale Iran attacked Pakistan

In a surprising turn on January 16, Iran launched missile strikes into Pakistan’s Baluchistan province, claiming it had hit two strongholds of anti-Iran insurgent group Jaish al-Adl (Army of Justice). Many Pakistanis are perplexed and just could not find the reasons for Iranian assault. Following is the logic offered by United States Institute of Peace (USIP) behind Iranian attack on Pakistan.

Iran’s calculus remains difficult to know — and Pakistan and other countries are left wondering what prompted Iran to take such a radical step against a more militarily powerful neighbor.

Iran’s logic of striking Pakistan remains opaque. On the face of it, Iran claims it struck terrorist cells of the Jaish al-Adl, which Iran says has a haven in Pakistan and implying also that the group has links to Israel.

Jaish al-Adl is a US-designated terrorist group fighting the Iranian regime with the goal of securing political and economic rights for the ethnic Baluch and Sunni in Iran.

On December 15th of last year, the group carried out an attack on a police station in the town of Rask, in Iran’s Sistan-Baluchistan province, killing several police officers.

Iranian logic that a preemptive strike against Jaish al-Adl is in response to the Rask attack doesn’t fully explain the attack.

Jaish al-Adl enjoying a haven in Pakistan with purported help from the external actors has been a long-standing Iranian complaint, but Iran has not struck Pakistan in cross-border raids before and hasn’t indicated an intent to undertake cross-border strikes of late.

There are two other possibilities for why Iran may have targeted Pakistan.

First, Iran may well be seeking to broaden the ongoing regional conflict and decided to draw Pakistan into the mix. If this is driving Iran, we may see more Iranian action in Pakistan.

Second, Iran may be attempting to force regional countries, including Pakistan, to rethink their preexisting alignment with the United States and to not offer further help that might allow the United States to counter Iran or its proxies in the region.

USIP view of Pak Iran relations

In a surprising turn on January 16, Iran launched missile strikes into Pakistan’s Baluchistan province, claiming it had hit two strongholds of anti-Iran insurgent group Jaish al-Adl (Army of Justice). Many Pakistanis are perplexed and just could not find the reasons for Iranian assault. Following is the narrative offered by United States Institute of Peace (USIP) on Iran-Pakistan relations.

Iran announced the attack in Pakistan concurrent to its strikes in Iraq and Syria. Less than two days later, Pakistan hit back with not only missiles but also fighter jets in Iran’s Sistan-Baluchistan province — claiming to target hideouts of anti-Pakistan ethno-nationalist insurgents operating from Iranian soil.

This sudden escalation and military hostilities between the two neighboring countries come at a time of heightened regional tensions, with Iranian-backed militias in Iraq carrying out near-daily attacks on bases with US forces in Iraq and Syria and escalation in the Red Sea due to another Iranian-backed entity, the Houthis, targeting global shipping.

Still the attack in Pakistan is unique. Relations between Iran and Pakistan have been generally peaceful and border skirmishes between the two sides have been minimal, or at least contained very close to the border and downplayed by both sides. This time, by announcing the attack, Iran broke from that trend.

Since the revolution in Iran in 1979, ties between Iran and Pakistan have been functional, and in periods warm, but ultimately not particularly strong. While Iran-Pakistan people-to-people exchanges are the strength of the relationship, there have been political grievances toward the other on both sides.

Iran’s Shia theocratic regime, for example, has felt ideologically discordant with Sunni-majority Pakistan. Pakistani leadership has also at times viewed the relationship through a sectarian lens, though the salience of the sectarian rift is much less acute compared to Iran’s ties with countries in the Persian Gulf region, as Pakistan has a sizable Shia minority.

Iran has also had a negative perception of Pakistan due to its strong relations with geopolitical forces opposed to Iran: the United States and Gulf powers, especially the United Arab Emirates and Saudi Arabia.

For Pakistan’s part, it has seen Iran as a difficult and not very useful neighbor due to its pariah status in the West.

Iran has also had a closer relationship with Pakistan’s archrival India, and Pakistani leaders have long suspected Iran of supporting and providing haven to anti-Pakistan ethno-nationalist groups.

Saturday 20 January 2024

Iran: Peace in its neighborhood

On the sidelines of the World Economic Forum’s Annual Meeting, Iranian Foreign Minister Hossein Amir Abdollahian held talks with several high-ranking officials from around the world, to discuss various regional and international issues.

During a meeting with Armenian President Vahagn Khachaturyan, Amir Abdollahian stated that Tehran is an advocate of peace in the Caucasus region. 

Referring to his recent trip to Yerevan and his meetings and discussions with the Armenian foreign minister and the secretary of the country’s National Security Council, the Iranian foreign minister said, “Armenia has a significant place in Iran’s neighborhood policy.”

Amir Abdollahian pointed out that the ties between the two countries are strong, saying the bilateral ties are advancing. He said boosting the ties would serve the interests of both nations.

The Iranian foreign minister highlighted the importance of preserving the security and stability in the Caucasus region and said Iran has always supported the peace talks between the Republic of Azerbaijan and Armenia.

Amir Abdollahian held an extensive meeting with his Georgian counterpart Ilia Darchiashvili.

Expressing his satisfaction with the meeting, the Iranian foreign minister hailed the old and strong relations between the officials and people of both countries.

Amir Abdollahian said the promotion of ties with Georgia is one of Iran’s priorities and further stated that Tehran cares about the security in the Caucasus and Georgia.

He sounded upbeat that the relations between the two countries would be developed without any restrictions.

The Iranian foreign minister underlined the necessity to rely on regional solutions for the problems in the region, explaining that the security issues of the region are tied and related to each other.

Another person the Iranian diplomat convened with was Saudi Arabia’s foreign minister Faisal bin Farhan.

In the meeting, Amir Abdollahian and bin Farhan exchanged views over bilateral issues such as economic and trade cooperation.

The two top diplomats also discussed other issues of mutual interest such as Palestine’s developments and the latest state of the war in Gaza.

The Iranian foreign minister outlined the developments in Gaza and the crimes of the Zionist regime with US support, stressing Iran's support for efforts to prevent the expansion of the war and for the restoration of stability and peace in the region.

Amir Abdollahian also referred to Iran's efforts to dispel some concerns in the region and the world, including Iran's efforts to put in place mechanisms to ensure energy security.

 

Friday 12 January 2024

Saudi Arabia urges restraint after US and UK target Yemen

Saudi Arabia is closely monitoring with deep concern the ongoing military operations in the Red Sea region after the United States and Britain carried out massive air strikes in Yemen, the Saudi Press Agency (SPA) reported Friday.

"The Kingdom underscores the critical importance of maintaining security and stability in the Red Sea area, which is internationally recognized for its strategic significance in global navigation, directly impacting the interests of the entire world."

In light of the ongoing regional events, Saudi Arabia called for restraint and urged all parties involved to avoid any escalation, emphasizing the need for a peaceful resolution to maintain the area's stability and security.

United States and British militaries bombed more than a dozen sites in Yemen on Thursday, in a massive retaliatory strike using warship- and submarine-launched Tomahawk missiles and fighter jets, US officials said.

The military targets included air defense and coastal radar sites, drone and missile storages and launching pads.

US President Joe Biden stated that the air strikes were to demonstrate that the US and its allies “will not tolerate” the militant group’s continuous attacks in the Red Sea. He clarified that the decision was made after diplomatic negotiations and careful deliberations.

“These strikes are in direct response to unprecedented Houthi attacks against international maritime vessels in the Red Sea — including the use of anti-ship ballistic missiles for the first time in history,” Biden said.

He said these attacks endangered US personnel and civilian mariners and jeopardized trade. “I will not hesitate to direct further measures to protect our people and the free flow of international commerce as necessary," he added.

British Prime Minister Rishi Sunak noted that the Royal Air Force conducted targeted strikes against military facilities used by the Houthis. The Defense Ministry revealed that four fighter jets based in Cyprus participated in the strikes.

Saudi Arabia’s Defense Ministry has refuted rumors regarding the presence of foreign forces at King Fahd Air Base in Taif. Brigadier General Turki Al-Maliki, the ministry’s spokesperson, said these rumors were false, Al Arabiya reported early on Friday.

Ali al-Qahoum, a high-ranking Houthi official, vowed retaliation, stating, “The battle will be bigger... and beyond the imagination and expectation of the Americans and the British.”

Al-Masirah, a Houthi-run satellite news channel, reported strikes hitting various strategic locations, including the Al-Dailami Air Base north of Sanaa, the airport in the port city of Hodeida, a camp east of Saada, the airport in the city of Taiz, and an airport near Hajjah.

United States adamant at stopping ships entering Red Sea

After the latest attacks at Yemen on Saturday, it has become evident that United States and its allies, particularly Britain, are adamant at stopping ships passing through Red Sea. The strikes at Yemen are aimed at opening a new front in the Middle East and take attention away from ongoing genocide in Gaza by Israel.

It is necessary to understand why United States is targeting Yemen. For a long time US has fought a proxy war in Yemen. After the resumption of diplomatic ties between Saudi Arabia and Iran and Saudi refusal to join the US-led naval force, United States wants to target Yemen.

It may be recalled that ships had resumed journey through Red Sea, which was not appreciated by United States. Therefore, it raised false flag of attacks on ships by Houthis to create a justification of attacks on Yemen.

Readers can recall the US hoax call of presence of weapons of mass destruction in Iraq to pave way for attack on the country. Even at that time British Prime Minister, Toney Blair was the mouthpiece of US President George Bush.

 According to Associated Press (AP), the US military early Saturday struck another Houthi-controlled site in Yemen that it had determined was putting commercial vessels in the Red Sea at risk.

The latest strike came after the US Navy on Friday warned American-flagged vessels to steer clear of areas around Yemen in the Red Sea and the Gulf of Aden for the next 72 hours after the initial airstrikes.

The warning came as Yemen’s Houthis vowed fierce retaliation, further raising the prospect of a wider conflict in a region already beset by Israel’s war in Gaza.

 “We will make sure that we respond to the Houthis if they continue this outrageous behavior along with our allies,” Biden told reporters during a stop in Emmaus, Pennsylvania.

Tuesday 2 January 2024

Iran, Saudi Arabia, UAE, Egypt, Ethiopia join BRICS

South Africa’s representative in the BRICS group of emerging economies, Anil Sooklal, has stated that Iran, Saudi Arabia, the United Arab Emirates, Egypt, and Ethiopia join the bloc on January 01, 2024.

At the recent BRICS meeting, which took place in Durban, South Africa, early in December, Sooklal underlined —referring to the attendance of high-ranking representatives of Iran, Saudi Arabia, the United Arab Emirates, Egypt, and Ethiopia— that the number of BRICS members will double with the addition of these nations.

He went on to add that the next conference of the economic group is scheduled for January 30, 2024 in Moscow, and it is expected that representatives of the new BRICS members will be there.

In a recent interview with Sputnik, Iran's Deputy Foreign Minister for Political Affairs, Ali Bagheri Kani, emphasized Iran's commitment, alongside other BRICS members, to actively pursue de-dollarization across various economic sectors.

Bagheri Kani highlighted the focus on trade, economic collaborations, and financial exchanges within this influential coalition of major economies. 

He emphasized ongoing initiatives and expressed optimism about reinforcing these efforts to swiftly achieve their objectives.

Bagheri Kani underscored the importance of collaborative efforts, signaling a unified commitment within BRICS to reducing dependency on the dollar.

He clarified that the initiatives aim to establish a framework fostering economic autonomy and resilience among member nations.

The BRICS group, initially comprised of Brazil, Russia, India, China, and South Africa, established in 2009, has emerged as a significant force shaping global economic discussions. 

Iran, alongside Argentina, Egypt, Ethiopia, the UAE, and Saudi Arabia, has received an invitation to join this influential bloc. Their anticipated full membership, official from January 01, 2024, marks a substantial shift in the geopolitical landscape.

Russia's Deputy Foreign Minister, Sergey Ryabkov, provided insights into BRICS countries accelerating the transition to national currencies. 

This strategic shift aligns with the shared vision of establishing a more balanced and resilient global economic framework, reducing vulnerabilities associated with a singular currency.

BRICS has announced plans to introduce a gold-backed currency for settling international trade payments, challenging the global reserve status of the US dollar. This decision adds momentum to the ongoing de-dollarization trend unfolding in the global economy.

Iran's active involvement in the BRICS initiative toward de-dollarization aligns with a broader trend among influential nations reshaping the global economic landscape.

As BRICS evolves, its concerted efforts toward economic autonomy become increasingly significant in shaping the future of international trade and finance.

Sunday 31 December 2023

Saudi Arabia A Year of Strategic Alliances

In 2023, Saudi Arabia emerged as a pivotal diplomatic player on the world stage, marking a year of strategic alignments and hosting a series of significant global summits.

This remarkable ascendancy in international diplomacy was not only a testament to the Kingdom's growing geopolitical influence but also signaled a new era in its foreign policy approach.

The year saw Saudi Arabia navigate complex regional and international terrains with adeptness and agility, showcasing its capacity to manage crises and foster dialogue across a spectrum of global issues.

From orchestrating large-scale evacuations in conflict zones to brokering historic diplomatic reconciliations, the actions of Kingdom were marked by a combination of strategic foresight and diplomatic finesse.

Amidst a landscape of shifting alliances and emerging challenges, Saudi Arabia's role as a convener of critical discussions and a mediator in international disputes underscored its commitment to stability and cooperation.

As the world witnessed the unfolding of these diplomatic endeavors, the Kingdom solidified its position as a central player in shaping the global agenda.

Throughout the months of the year, the Kingdom hosted several significant international summits.

In August, Jeddah hosted a meeting concerning the Ukrainian crisis, attended by national security advisors from around 40 countries.

Then in October, a historic first summit took place between the Gulf Cooperation Council and the Association of Southeast Asian Nations (ASEAN).

In response to the developments in Gaza, an extraordinary Arab-Islamic summit was convened in Riyadh in November to address the Israeli aggression.

This was followed by a Saudi-African summit and the year concluded with a Saudi-Russian summit after Russian President Vladimir Putin's visit to Riyadh.

Saudi-Iranian Relations Resumed

On March 10, Saudi Arabia and Iran announced the resumption of diplomatic ties, with a plan to reopen embassies and diplomatic missions within 60 days, following Chinese-brokered talks.

The tripartite statement stressed the importance of respecting state sovereignty and non-interference in internal matters.

The embassies were officially reopened later in the year, and in November, Iranian President Ebrahim Raisi visited Saudi Arabia for the first time since the resumption of relations to participate in the Arab-Islamic summit about Gaza.

Saudi Evacuation Efforts in Sudan

In April, as the situation in Sudan abruptly escalated, the Kingdom of Saudi Arabia mobilized its naval fleet in a globally lauded initiative.

The Saudi Ministry of Foreign Affairs announced the evacuation of over 5,000 people from 100 countries, including 184 Saudis, amid clashes between the Sudanese army and Rapid Support Forces. This was described as one of the largest successful evacuation operations globally.

Gulf and Central Asia Summit

In a continuation of strategic and political dialogues, Jeddah hosted a summit in July for leaders of the Gulf Cooperation Council and the five Central Asian countries.

The summit emphasized enhancing strategic dialogue and political cooperation between the two sides, fostering partnerships in various fields including political and security dialogue, economic and investment cooperation, and promoting people-to-people exchanges.

Jeddah Meeting on the Ukrainian Crisis

Jeddah hosted peace talks concerning the Ukrainian crisis in August. The meeting, chaired by Dr. Musaed Al-Aiban, a member of the Saudi Cabinet and National Security Advisor, was attended by national security advisors from about 30 countries.

Gulf and ASEAN Summit

In a historic first, leaders of 16 Gulf and Asian countries met in Riyadh in October. A joint action plan for 2024-2028 was initiated to map a clear road map and enhance cooperation and partnership in various fields, serving the shared interests of both regions.

Saudi-African Summit

Continuing its active foreign policy, Saudi Arabia hosted a Saudi-African summit in Riyadh in November.

The summit concluded with both sides committing to developing cooperation and partnership in development and laying foundations for continental integration for a sustainable future.

Prince Mohammed Bin Salman, Saudi Arabia's Crown Prince and Prime Minister, announced the launch of the King Salman Development Initiative in Africa during the summit, aiming to establish developmental projects and programs across the continent valued at over one billion dollars over ten years.

Extraordinary Arab-Islamic Summit

Due to the severity of the situation following Israeli aggression on Gaza, Saudi Arabia called for an extraordinary Arab-Islamic summit in Riyadh in November.

More than 57 countries participated in the summit, which concluded with significant decisions, including breaking the Israeli blockade on Gaza and emphasizing the need to stop the war and end the occupation.

Saudi-Caribbean Summit

Riyadh also hosted its first summit with the Caribbean Community (CARICOM) in November. The summit aimed to enhance partnerships in economics, investment, trade, energy, tourism, and other areas in line with Saudi Vision 2030.

A joint Saudi-Caribbean statement was issued, emphasizing mutual interests and friendly relations, exploring ways to expand and develop partnerships, including in education, health, maritime cooperation, communications, logistics, food security, energy security, and the tourism economy.

Saudi-Russian Summit

Before the end of 2023, Russian President Vladimir Putin visited Saudi Arabia, meeting with Crown Prince Mohammed Bin Salman. The talks focused on mutual interests and issues concerning both countries, the Middle East, and the world.

The two countries emphasized the necessity of halting military operations in Palestinian territories and agreed that security and stability in Palestine could only be achieved through the implementation of international resolutions pertaining to a two-state solution.

They also agreed to enhance defense and security cooperation and commended the close cooperation within OPEC for stabilizing global oil markets.

Courtesy: Saudi Gazette

Thursday 28 December 2023

Gold discovered in Saudi Arabia

Saudi Arabia announced on Thursday the discovery of large potential gold resources along a 100km stretch south of its existing Mansourah Massarah gold mine in Al Khurmah governorate in the Makkah region, reports Saudi Gazette.

Saudi Arabian Mining Company (Maaden) said that it had discovered multiple gold deposits, indicating the potential to expand gold mining in the area. The mining giant said in a statement that this is the first discovery under the company’s extensive exploration program launched in 2022 and it aims to build a metal production line.

Encouraging drill results from multiple sites on Uruq South, along a 100km stretch south of Mansourah Massarah, have uncovered similar geological characteristics and chemistry to the Mansourah Massarah deposit.

Samples taken indicated the presence of high grade gold deposits of 10.4 grams per ton (g/t) gold and 20.6 g/t gold in two random drilling sites 400 meters from and under Mansourah Massarah, meaning a high density of gold was found in the ore tested from those locations. In light of these results, Maaden planned an aggressive escalation of planned drilling activities in 2024 around Mansourah Massarah.

Maaden has continued to expand its exploration footprint in the Jabal al-Ghadara and Bir al-Tawila prospects, 25 km north of Mansourah Massarah, where the company is transferring inferred resources amounting to 1.5 million ounces for measurement.

In combination, these positive drilling results have identified a potential 125 km strike with significant potential to become a major world-class gold belt in Saudi Arabia.

The near-mine drilling results around Mansourah Massarah indicate that the resource is open both at depth and along the strike, offering significant potential to expand resources at the mine and, potentially, extend the mine life with underground development. Mansourah Massarah had stated gold resources of almost seven million ounces at year-end 2023 and a nameplate production capacity of 250,000 ounces a year.

Robert Wilt, CEO of Maaden, said that these discoveries have the potential to be the center of the world’s next gold rush and are a strong part of our growth strategy.

“These discoveries are a significant demonstration of the untapped potential of mineral resources in Saudi Arabia, supporting the diversification of the country in line with Vision 2030 and establishing mining as the third pillar of the Saudi economy,” he pointed out.

Maaden is 67 percent owned by the Public Investment Fund (PIF), the Kingdom’s sovereign wealth fund, and the largest miner in the Gulf. In January 2023, it announced Manara Minerals, a joint venture with PIF, to invest in mining assets abroad.

It is noteworthy that Mansourah Massarah is the newest, the largest, and the most technologically advanced gold mine in Saudi Arabia. It produced 11,982.84 ounce of gold in 2022.

The mine consists of the Mansourah Massarah resources, which are being developed as conventional open-pit mines. The plant employs Carbon-In-Leach and Pressure Oxidation Processes and autoclave technologies for ore gold production. This mine is equipped with cutting-edge mining, processing, and environmental sustainability technologies.

Wednesday 20 December 2023

Saudi Arabia and UAE not present in US led Naval Coalition

Saudi Arabia's name was conspicuously - perhaps surprisingly - absent from a list of countries the United States announced as part of its new naval coalition protecting Red Sea shipping from Yemen's Houthi group.

Although it has a US-equipped military, has been waging war on the Houthis for nearly nine years and relies on Red Sea ports for 36% of imports, Saudi Arabia along with Gulf ally the United Arab Emirates has proclaimed no interest in the venture.

The main reason for its absence appears to be a concern that participating would detract from a long-term strategic goal ‑ extricating itself from a messy war in Yemen and a destructive feud with the Houthis' principal backer Iran.

Houthis, who control much of Yemen, have been striking at ships in the Red Sea for weeks in response to Israel's war with the Palestinian Hamas group in Gaza.

Whether their attacks are having much direct impact on Israel - shipping companies say several targeted vessels were not headed there - their campaign has hit Israel's Western allies by complicating global trade. On Wednesday their leader threatened to expand this campaign to US naval vessels.

US officials have avoided saying outright that the two countries will not take part, and spokespeople for both the Saudi and Emirati governments did not respond to Reuters requests for comment on the matter.

Both the countries want to avoid being seen as participants in a campaign that could upset their long-term regional strategy - and turn Arab anger over Gaza against them.

It appears that Saudi and Emirati absence was because they wanted to avoid escalating tensions with Iran or jeopardizing the peace push in Yemen by joining any naval action.

"Another war would mean moving from the political process into another military one that would really mess up the geopolitical map of the Middle East right now," said Eyad Alrefai of King Abdulaziz University in Jeddah.

Spurred partly by worry about long-term US commitment, Saudi Arabia and the UAE have for years tried to reorient their regional policy, seeking new partners, taking a fresh look at ties with Israel and settling the rivalry with Iran.

The biggest steps in that process so far were the Chinese-mediated detente agreement between Saudi Arabia and Iran in February and the establishment of diplomatic relations between Israel and the UAE in 2020.

But the Saudis also want to end their nearly 9-year-old war in Yemen, which has become a draining stalemate that has damaged their reputations and brought insecurity through Houthi drone attacks on airports and energy plants.

Peace in Yemen is important for the UAE too, even though it largely pulled out its forces in 2020. It still backs groups in Yemen and the Houthis targeted its capital Abu Dhabi with drone and missile attacks last year.

 

Friday 15 December 2023

Saudi Arabia and Iran reaffirm full commitment to implement Beijing agreement

Saudi Arabia and Iran have reaffirmed their full commitment to implementing the Beijing Agreement, reports Saudi Gazette.

The first meeting of the Saudi-Chinese-Iranian Tripartite Committee concluded in Beijing on Friday. The meeting was held to follow up on the Beijing Agreement, under the chairmanship of Deng Li, the Chinese Deputy Foreign Minister. The Saudi delegation was led by Waleed Al-Khereiji, Deputy Foreign Minister, and the Iranian delegation by Dr. Ali Bagheri Kani, Deputy Foreign Minister.

The meeting reviewed the positive outcomes in the relationship between Saudi Arabia and Iran in light of the Beijing Agreement, which was brokered by China last March. This included reopening embassies in Riyadh and Tehran, and the reciprocal visits and meetings of the two countries' foreign ministers.

Both Saudi Arabia and Iran expressed appreciation for China's significant role in this process and hosting the meeting.

The Chinese side confirmed its readiness to continue playing a constructive role and supporting Saudi and Iranian efforts to further enhance relations.

The three parties discussed various aspects of tripartite cooperation. They also expressed concern about the ongoing situation in the Gaza Strip as a threat to regional and international peace and security, emphasizing the need for an immediate cessation of military operations in Gaza, sustainable relief for civilians, and opposing the forced displacement of Palestinians. They agreed that any arrangement regarding the future of Palestine must reflect the will of the Palestinian people, supporting their right to establish their own state and determine their destiny.

The participants agreed to continue the meetings of the tripartite committee, with the next meeting scheduled for June 2024 in Saudi Arabia, following a gracious invitation from the Kingdom.