Iran president welcomes invitation from King Salman to visit Saudi Arabia

News Network
March 20, 2023

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Iranian President Ebrahim Raisi has favourably received an invitation from Saudi Arabia’s King Salman to visit the kingdom following the reconciliation deal between the two countries, an Iranian official has said.

“In a letter to President Raisi … the King of Saudi Arabia welcomed the deal between the two brotherly countries [and] invited him to Riyadh,” tweeted Mohammad Jamshidi, the Iranian president’s deputy chief of staff for political affairs, adding to this Sunday message that “Raisi welcomed the invitation”.

The two regional heavyweights announced on March 10 a Chinese-brokered deal to restore ties seven years after they were severed.

Riyadh cut relations after Iranian protesters attacked Saudi diplomatic missions in 2016 following the Saudi execution of Shia cleric Nimr al-Nimr – just one in a series of flashpoints between the two long-standing regional rivals.

The deal is expected to see Shia-majority Iran and mainly Sunni Muslim Saudi Arabia reopen their embassies and missions within two months and implement security and economic cooperation deals signed more than 20 years ago.

Iranian Foreign Minister Hossein Amir-Abdollahian told reporters on Sunday that the two countries had agreed to hold a meeting between their top diplomats.

He added that three locations for the talks had been suggested, without specifying where.

Al Jazeera’s Ali Hashem, reporting from Tehran, said that Amir-Abdollahian stressed “that both countries are exchanging technical teams to inspect the embassies in Tehran and Riyadh and see whether they’re ready for both missions to be deployed there”.

“The Iranians suggested, according to Amir-Abdollahian, three locations for the meeting. The exchange took place now through the Swiss embassy, and not through the Chinese. This could indicate that there are several channels between the Iranians and Saudis right now,” Hashem said.

The detente between Saudi Arabia, the world’s biggest oil exporter, and Iran, strongly at odds with Western governments over its nuclear activities, has the potential to reshape relations across a region characterised by turbulence for decades.

Iran and Saudi Arabia support rival sides in several conflict zones – including Yemen, where the Houthi rebels are aligned with Tehran and where a military coalition supporting the government is led by Riyadh.

The two sides also vie for influence in Syria, Lebanon and Iraq.

A number of Gulf countries followed Riyadh’s action in 2016 and scaled back ties with Tehran, though the United Arab Emirates and Kuwait recently restored ties.

Amir-Abdollahian said Iran also hoped steps would be made to normalise its ties with Bahrain, a close Saudi ally that followed Riyadh in severing diplomatic ties with Iran in 2016.

In the past, Bahrain accused Iran of having trained and backed a Shia-led uprising in the Sunni-ruled kingdom in order to topple the Manama government. Tehran denies this.

“An agreement was reached two months ago for Iranian and Bahraini technical delegations to visit the embassies of the two countries. We hope that some obstacles between Iran and Bahrain will be removed and we will take basic steps to reopen the embassies,” Amir-Abdollahian said.

There was no immediate comment from Manama.

Bahrain, together with other Gulf Arab states, welcomed the agreement between Riyadh and Tehran to restore relations.

In September, Iran welcomed an Emirati ambassador after a six-year absence, and a month earlier it said Kuwait had sent its first ambassador to Tehran since 2016.

Iran’s top security official Ali Shamkhani also held talks with United Arab Emires President Mohammed bin Zayed Al Nahyan in Abu Dhabi on Thursday in yet another sign of the shifting relations in the region. 

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News Network
November 11,2024

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The Manipur Kuki MLAs have released a statement calling out Solicitor General Tushar Mehta's 'lies' in the Supreme Court. In a joint statement, the MLAs, including those from the Bharatiya Janata Party, said they had not had any meeting with the Chief Minister since May 3, 2023, nor did they intend to meet him in the future as “he was the mastermind behind the violence”.

As per the MLAs, the SG lied about state CM N Biren Singh speaking to Kuki MLAs to control the situation there, in order to halt a Supreme Court probe into the leaked tapes which allege that Singh has been complicit in the violence that broke out between Kukis and Meitis there.

"We...clarify that we have never had any meeting with Chief Minister, Shri N. Biren Singh since May 3, 2023, nor have any intention to meet him in future as he is the mastermind behind the violence and ethnic cleansing of our people from the Imphal valley, which is continuing till today, the latest being the brutal killing and burning of Mrs Zosangkim Hmar on November 7, 2024," the letter read, while condemning the recent 'barbaric' killing of the woman there, and noting the SG's assertion is 'tantamount' to misleading the top court.

“We, the undersigned ten MLAs, have come to know that during the Supreme Court hearing held on November 8, 2024, the Solicitor General of India submitted that ‘CM is meeting all Kuki MLAs and trying to bring the situation down to get peace’. In this connection, we hereby categorically state that this submission is a blatant lie and tantamount to misleading the Hon’ble Supreme Court of India,” the statement said.

The Supreme Court, while hearing a petition by a Kuki organisation, asked that it submit audio tapes to substantiate its claim that the Chief Minister was instrumental in inciting and organising violence in the northeastern State.

Solicitor-General Tushar Mehta orally informed the court that the Chief Minister was meeting all the Kuki-Zo MLAs and that peace in the State had come at a huge cost.

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News Network
November 14,2024

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Thursday backed Chief Minister Siddaramaiah over his claim that the BJP had offered Rs 50 crore each to 50 Congress MLAs in an attempt to "topple" the state government.

Addressing reporters here, Shivakumar, also the Congress state president, said, “The BJP indeed lured 50 Congress MLAs with Rs 50 crore each.”

He defended Siddaramaiah’s statement and said the Congress MLAs were briefed about the BJP’s alleged 'Operation Lotus', a term used to describe the BJP's attempts to destabilise ruling governments through horse-trading.

“Some of our MLAs informed the Chief Minister about this matter, and he, in turn, shared it with the media,” Shivakumar said.

At an event in Mysuru, Siddaramaiah reiterated the claim that "none of the Congress MLAs had accepted the offer".

He also accused the BJP of filing false cases against him in a bid to "remove him and overthrow his government".

The BJP has yet to respond to the allegations.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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