The British government announced on Wednesday that it had struck a series of trade and investment agreements worth $8.6 billion with Saudi Arabia, marking a major step in the UK’s efforts to boost economic relations across the Gulf.
Finance Minister Rachel Reeves met senior Saudi officials and business leaders in Riyadh this week, where discussions focused on expanding trade, investment, and financial cooperation between the two countries.
As part of the deals, the UK’s Export Finance agency will provide around £5 billion in export credit to support British firms competing for contracts in Saudi Arabia.
Several major UK-based companies, including Aberdeen Investcorp, Barclays, HSBC, and artificial intelligence firm Quantexa, signed new agreements aimed at deepening their presence in the Gulf.
British officials say the partnership will help increase UK exports, create jobs, and attract fresh investment, reinforcing London’s goal of strengthening trade ties beyond Europe.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan....
Baku and Budapest strengthen diplomatic relations as Azerbaijan’s Foreign Minister, Jeyhun Bayramov, began a working visit to Hungary on, Wednesday,...
The Asian Development Bank (ADB) has revised its outlook for the economies of Central Asia and the Caucasus by raising its growth forecast for 2026...
Ukraine has handed the United States a revised 20-point peace proposal aimed at ending the war with Russia, a Ukrainian official said on Thursday, 11 ...
Putin’s visit to India has put the spotlight on New Delhi’s evolving defence strategy as it seeks to modernise Russian-made systems with domestic ...
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
Baku and Budapest strengthen diplomatic relations as Azerbaijan’s Foreign Minister, Jeyhun Bayramov, began a working visit to Hungary on, Wednesday, 10 December.
The Asian Development Bank (ADB) has revised its outlook for the economies of Central Asia and the Caucasus by raising its growth forecast for 2026
Ukraine has handed the United States a revised 20-point peace proposal aimed at ending the war with Russia, a Ukrainian official said on Thursday, 11 December.
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementation of the 2023 Beijing Agreement which resulted in resumption of their diplomatic relations after eight years.
The world’s leading minds and voices will be honoured on Wednesday, 10 December, the anniversary of Alfred Nobel’s death, as Nobel Prizes are presented in Stockholm and Oslo.
In a dramatic Champions League clash at Baku’s Tofiq Bahramov Stadium, Qarabağ grabbed an early lead, but Ajax staged a thrilling comeback to win 4-2.
Ukraine "deeply appreciates" the humanitarian support of Pope Leo XIV. This was stated by Ukrainian President Volodymyr Zelenskyy after a meeting between the two at the papal residence of Castel Gandolfo, on Tuesday, 9 December.
Ukraine has handed the United States a revised 20-point peace proposal aimed at ending the war with Russia, a Ukrainian official said on Thursday, 11 December.
Putin’s visit to India has put the spotlight on New Delhi’s evolving defence strategy as it seeks to modernise Russian-made systems with domestic production. At the same time, India is carefully navigating its ties with the U.S. and Europe ahead of key diplomatic visits.
Former French President Nicolas Sarkozy has released his book, "Diary of a Prisoner" ("Le Journal d’un Prisonnier"), on his time in jail following his conviction. .
U.S. President Donald Trump has formally launched a scheme offering fast-tracked U.S. visas to foreigners who can pay at least $1 million — or companies willing to spend $2 million to sponsor a worker they want to bring into the country.
The U.S. House of Representatives on Wednesday advanced the National Defense Authorization Act, the NDAA, for the next fiscal year, with broad bipartisan support.
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