Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan held “positive” talks with his Iranian counterpart Hossein Amirabdollahian in Tehran on Saturday.
Prince Faisal later met Iranian leader Ebrahim Raisi at the Presidential Palace.
Mr Raisi extended his greetings and appreciation to King Salman and Crown Prince Mohammed bin Salman and wished the government and people of the kingdom of Saudi Arabia prosperity and well-being.
Prince Faisal took the latest step in the restoration of diplomatic ties between the countries.
Following Saturday’s talks with the Iranian Foreign Minister, Prince Faisal shared his perspective on the recent diplomatic progress.
“Our talks were positive and clear, and this meeting comes as part of the two countries' completion of implementing the agreement signed in Beijing on March 10,” Prince Faisal told a joint press conference.
“Work is continuing for the diplomatic and consular missions to resume their roles in the two countries,” he said.
“We have seen the opening of the Iranian embassy in Tehran and consulate in Jeddah,” he said, adding that the moves will be followed by the opening of the Saudi embassy in Tehran soon.
He thanked the Iranian government for easing the return of the Saudi diplomatic mission to Tehran.
“We hope that the restoration of relations with Tehran will be reflected positively on the region and the world.”
Prince Faisal underlined the importance of co-operation between the two countries in enhancing regional security, especially the security of navigation and maritime routes.
He also stressed the importance of co-operation among all countries of the region to ensure that it is free of weapons of mass destruction.
He said that the talks stressed the need for mutual respect and non-interference in internal affairs.
Prince Faisal said that he would convey an invitation from King Salman and Crown Prince Mohammed to Mr Raisi to visit the kingdom.
Mr Amirabdollahian said the talks with Prince Faisal dealt with co-operation in several fields, including economic relations.
Saudi Arabia and Iran agreed to resume bilateral relations following a Chinese-brokered deal in March.
China, Saudi Arabia and Iran released a joint statement in Beijing after the signing, announcing that Tehran and Riyadh had agreed to re-establish ties.
“The two sides emphasised the importance of following up on the implementation of the Beijing Agreement and its activation in a way that expands mutual trust and the fields of co-operation and helps create security, stability and prosperity in the region,” the joint statement said.
Iran's Finance Minister Ehsan Khandozi visited the kingdom in May, marking the first official visit by an official from Tehran since both countries agreed to resume bilateral relations.
This month, Iran reopened its diplomatic missions in Riyadh and its consulate services in Jeddah, restoring ties with Saudi Arabia after seven years.
They reinstated economic agreements signed more than 20 years ago.
Last month, Iran appointed Alireza Enayati as its ambassador to Saudi Arabia, who was previously assistant foreign minister and had served as Iran's ambassador to Kuwait.
Ties between the two countries were severed in 2016, after the Saudi embassy in Tehran and consulate in Mashhad were attacked by protesters.
Saudi Arabia and Iran agreed to resume flights and issue visas for citizens.
This year, Prince Faisal indicated the kingdom was looking to resolve differences with Iran. He said recent economic developments in the Gulf were a strong signal to Iran “and others in the region that there is a pathway beyond traditional arguments and disputes towards joint prosperity”.
“We have never considered Saudi Arabia as our enemy,” Mr Raisi said.
The Arab League summit hosted by Saudi Arabia brought Syria back into the diplomatic fold, in a move signifying unity and bolstering ties with Arab states.
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
The Bio
Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity
UAE currency: the story behind the money in your pockets
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Results:
5pm: Conditions (PA) Dh80,000 1,400m | Winner: AF Tahoonah, Richard Mullen (jockey), Ernst Oertel (trainer)
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6.30pm: Handicap (PA) Dh80,000 1,600m | Winner: Duc De Faust, Szczepan Mazur, Younis Al Kalbani
7pm: Wathba Stallions Cup (PA) Dh70,000 2,200m | Winner: Shareef KB, Fabrice Veron, Ernst Oertel
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UAE currency: the story behind the money in your pockets
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Profile
Company: Justmop.com
Date started: December 2015
Founders: Kerem Kuyucu and Cagatay Ozcan
Sector: Technology and home services
Based: Jumeirah Lake Towers, Dubai
Size: 55 employees and 100,000 cleaning requests a month
Funding: The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups.
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The specs
Engine: 2.0-litre 4-cylinder turbo
Power: 240hp at 5,500rpm
Torque: 390Nm at 3,000rpm
Transmission: eight-speed auto
Price: from Dh122,745
On sale: now
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The most expensive investment mistake you will ever make
When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.
“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.
This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).
|
Age
|
$250 a month
|
$500 a month
|
$1,000 a month
|
|
25
|
$640,829
|
$1,281,657
|
$2,563,315
|
|
35
|
$303,219
|
$606,439
|
$1,212,877
|
|
45
|
$131,596
|
$263,191
|
$526,382
|
|
55
|
$44,351
|
$88,702
|
$177,403
|
MATCH INFO
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Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
