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  • Ukraine summit strives for consensus, way forward uncertain

    Western powers and their allies at a summit in Switzerland denounced Russia's invasion of Ukraine on Sunday, but they failed to persuade major non-aligned states to join their final statement, and no country came forward to host a sequel. Over 90 countries attended the two-day talks at a Swiss Alpine resort at the behest of Ukrainian President Volodymyr Zelenskiy, billed as a "peace summit" even though Moscow was not invited.

  • Ukraine’s Zelenskiy has ‘productive’ talks with Saudi crown prince

    Ukrainian President Volodymyr Zelenskiy said on Wednesday he had held "productive and energetic" talks with Saudi Crown Prince Mohammed bin Salman focusing on this week's "Peace Summit" in Switzerland and improving bilateral ties.
    Kyiv aims to build international support for a peace plan proposed by Zelenskiy that includes a full withdrawal of Russian troops from Ukraine and return to its 1991 post-Soviet borders.

  • Saudi Arabia Taps Bond Market With $5 Billion Sukuk Deal

    The kingdom sold the bonds through notes maturing in three, six and 10 years, according to a person familiar with the matter, who asked not to be identified. The deal was priced at yields of 60 basis points more than comparable US Treasuries for the shortest tranche and at 85 basis points for the longest tranche, the person said. That’s down from initial discussions for around 85 to 110 basis points.

  • Saudi Arabia Taps Bond Market With $5 Billion Sukuk Deal

    The kingdom sold the bonds through notes maturing in three, six and 10 years, according to a person familiar with the matter, who asked not to be identified. The deal was priced at yields of 60 basis points more than comparable US Treasuries for the shortest tranche and at 85 basis points for the longest tranche, the person said. That’s down from initial discussions for around 85 to 110 basis points.

  • Recognitions of Palestinian statehood are a rebuke to Israel, if a largely symbolic one.

    Scores of countries have recognized Palestinian statehood, but the closely coordinated announcements by the three nations carried added weight amid the growing toll of the war in Gaza, and because most Western European countries, and the United States, have resisted taking such a step out of solidarity with Israel.

  • Tyson Fury vs. Oleksandr Usyk fight results, highlights: Ukrainian wins to become undisputed heavyweight champ

    The narratives went out the window when Oleksandr Usyk and Tyson Fury met to crown an undisputed heavyweight champion on Saturday. Fury, the bigger and supposedly more powerful man, outboxed the boxer in the first half of the fight before Usyk turned the fight on a dime with a brutal ninth-round assault  that appeared to have the "Gypsy King" out on his feet for a moment as he stumbled around the ring before crashing to the canvas.

  • UK launches major trade push in Saudi Arabia at Riyadh talks

    Five UK ministers will be at the head of a huge British delegation visiting Saudi Arabia this week, as Britain seeks to strengthen trade and cultural ties with the kingdom. Oliver Dowden, the UK's Deputy Prime Minister, Lucy Frazer, the Culture, Media and Sport Secretary, Dominic Johnson, the Investment Minister and Nick Markham, minister at the Department of Health and Social Care, have taken a British delegation of more than 450 business and cultural leaders to Riyadh, where the UK is hosting an event called Great Futures, aimed at highlighting the co-operation and partnerships between British companies and institutions, and their Saudi counterparts.

  • Saudi Crown Prince, Zelenskiy Discuss Ukrainian-Russian Crisis

    Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Saudi Crown Prince and Prime Minister, received a telephone call on Wednesday from Ukrainian President Volodymyr Zelenskiy.

  • Saudi Arabia launches Nusuk pilgrim card for the Hajj of 2024

    The Saudi Ministry of Hajj and Umrah has launched the Nusuk pilgrim card, which will be in use for the forthcoming annual pilgrimage of Hajj 2024.

    Minister of Hajj and Umrah Dr. Tawfiq Al-Rabiah released the Nusuk card by presenting its copy to Indonesian Minister of Religious Affairs Yaqut Cholil Qoumas in Jakarta on Tuesday, April 30, during his official visit to Indonesia.

  • Missile defence successes in Gulf, Ukraine fuel global urgency to acquire systems

    The success of ballistic missile defences facing their first complex, high-stakes combat scenarios in Israel, the Red Sea and Ukraine will encourage militaries globally to invest in the pricey systems, experts say - and intensify missile arms races.
    Iran launched as many as 120 intermediate-range ballistic missiles at Israel on April 13, U.S. and Israeli officials say. U.S. SM-3 and Israeli Arrow interceptors destroyed nearly all of them, leaving drones and smaller threats to the Iron Dome system.