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Union Minister of Minority Affairs visits the Kingdom of Saudi Arabia to finalize a bilateral agreement with the Minister of Hajj and Umrah, fostering cooperation between the two nations in pilgrimage affairs.
The agreement, finalized in November, involves the sale of Cheongung M-SAM II to the Saudi defence ministry. This marks the second international sale of Cheongung-II missiles, following a previous deal with the United Arab Emirates (UAE) in January 2022.
For decades, Saudi Arabia has held the distinction of possessing the world's most significant spare oil capacity, providing a crucial buffer in the event of disruptions to global output.
In a tumultuous saga at sea, Houthi rebels target a U.S.-owned ship in the Gulf of Aden, escalating tensions in the Red Sea. As Houthi strikes reverberate, the world witnesses a perilous dance on the high seas, with significant implications for global trade and supply chains.
Pakistan's foreign ministry condemned the 'illegal' airstrike, citing the death of two children and injuries to three others. The move prompted Pakistan to summon Tehran's senior diplomat in Islamabad to protest the unprovoked violation of its airspace.
At Davos, Hong Kong's finance minister engages in strategic talks with his Saudi counterpart, fostering ties and urging Arab companies to explore opportunities in the vibrant Asian markets. The dialogue underscores the global economic collaboration taking centre stage at this prestigious forum.
In a decisive move, the U.S. government has officially affirmed its intention to launch another targeted strike on a site under Houthi control. Tensions rise as the conflict escalates in the volatile region.
These programs offer an array of enticing benefits, providing participants with the opportunity to settle in Saudi Arabia, conduct business, own real estate, and secure work permits for themselves and their family members.
Legal experts suggest that the new law could be a game-changer by offering much-needed legal clarity for banks, law firms, asset managers, and corporations engaging in the Saudi market.
The Saudi Arabia, world's top exporter, firmly decides to price cuts leading to a sharp drop in the prices of oil, overshadowing the middle east tension.
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