Iran's President Masoud Pezeshkian, left, meets Saudi Arabia Foreign Minister Prince Faisal bin Farhan in Doha, Qatar. Reuters
Iran's President Masoud Pezeshkian, left, meets Saudi Arabia Foreign Minister Prince Faisal bin Farhan in Doha, Qatar. Reuters
Iran's President Masoud Pezeshkian, left, meets Saudi Arabia Foreign Minister Prince Faisal bin Farhan in Doha, Qatar. Reuters
Iran's President Masoud Pezeshkian, left, meets Saudi Arabia Foreign Minister Prince Faisal bin Farhan in Doha, Qatar. Reuters

Iran's President Pezeshkian meets Saudi Foreign Minister Prince Faisal amid fears of regional escalation


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Iranian President Masoud Pezeshkian met Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan in Doha amid mounting fears of regional escalation following Iran's massive missile attack on Israel.

The two leaders discussed the latest regional and international developments in their meeting late on Wednesday in Qatar's capital, the official Saudi Press Agency said, without giving details.

Saudi Arabia and Iran, among the region's powerhouses, restored diplomatic ties in March last year, ending a seven-year rift. Their rapprochement has opened the door to top-level contact but caution remains a defining characteristic of their relations.

The meeting in Doha came a day after Iran launched 180 ballistic missiles on Israel to avenge the killing on Friday of Hassan Nasrallah, leader of Hezbollah – Iran's main regional proxy – and Hamas leader Ismail Haniyeh earlier this year.

Israel-Gaza war one year on – in pictures

Israel and its main backer the US have vowed to hit back hard to avenge Tuesday's attack, but Iran said on Wednesday its missile volley – its biggest assault on Israel – was over, barring further provocation.

Sources briefed on diplomatic efforts to defuse tension in the region said Saudi Arabia was searching for ways to prevent a major escalation in the Middle East that could spiral out of control.

Tension in the Middle East and fears of a wider conflict have escalated since the war between Hamas and Israel began nearly a year ago. Iran's proxies in the region, including Yemen's Houthis and armed Shiite groups in Iraq – have attacked Israel in efforts to stop its bombardment of Gaza that has killed about 41,700 people.

Hezbollah's daily exchange of cross-border fire with Israel has inched closer to a full-fledged war over the past fortnight, with Israel carrying out a ground invasion in Lebanon this week, and significantly stepping up air strikes, mostly in southern Lebanon, the group's stronghold, and the eastern Bekaa Valley.

Iran's President Masoud Pezeshkian, left, meets Sheikh Tamim, Emir of Qatar, at Lusail Palace in Doha. AFP
Iran's President Masoud Pezeshkian, left, meets Sheikh Tamim, Emir of Qatar, at Lusail Palace in Doha. AFP

Qatar's Emir Sheikh Tamim said on Wednesday that Doha will continue mediation efforts to end the war in Gaza. In a joint press conference with the Iranian President, he said: “The recent surge of conflict in Lebanon is what we have been warning against since the beginning of Israeli aggression.” Israel, he added, must “cease its unjust war in Gaza, and the West Bank and its aggression on Lebanon”.

Mr Pezeshkian warned at the news conference that if Israel acts against Iran, then Tehran will respond in a more severe way. “We are not in pursuit of war with Israel,” he said. “They promised us peace. But Israel has terrorised our guests in Tehran during our presidential inauguration. We want to establish peace. If you disagree, peace will not be established.”

The specs

Engine: 3.0-litre flat-six twin-turbocharged

Transmission: eight-speed PDK automatic

Power: 445bhp

Torque: 530Nm

Price: Dh474,600

On Sale: Now

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advana, Ashutosh Rana

Rating: 2/5

Company profile

Name: Back to Games and Boardgame Space

Started: Back to Games (2015); Boardgame Space (Mark Azzam became co-founder in 2017)

Founder: Back to Games (Mr Azzam); Boardgame Space (Mr Azzam and Feras Al Bastaki)

Based: Dubai and Abu Dhabi 

Industry: Back to Games (retail); Boardgame Space (wholesale and distribution) 

Funding: Back to Games: self-funded by Mr Azzam with Dh1.3 million; Mr Azzam invested Dh250,000 in Boardgame Space  

Growth: Back to Games: from 300 products in 2015 to 7,000 in 2019; Boardgame Space: from 34 games in 2017 to 3,500 in 2019

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
%3Cp%3E%E2%80%A2%20Looming%20global%20slowdown%20and%20recession%20in%20key%20economies%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Russia-Ukraine%20war%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Interest%20rate%20hikes%20and%20the%20rising%20cost%20of%20debt%20servicing%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Oil%20price%20volatility%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Persisting%20inflationary%20pressures%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Exchange%20rate%20fluctuations%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shortage%20of%20labour%2Fskills%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20A%20resurgence%20of%20Covid%3F%3C%2Fp%3E%0A
The specs

Price, base / as tested Dh1,470,000 (est)
Engine 6.9-litre twin-turbo W12
Gearbox eight-speed automatic
Power 626bhp @ 6,000rpm
Torque: 900Nm @ 1,350rpm
Fuel economy, combined 14.0L / 100km

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Russia's Muslim Heartlands

Dominic Rubin, Oxford

Updated: October 03, 2024, 11:27 AM`