AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

DUBAI: Saudi Arabia’s foreign minister said on Tuesday that there had been some progress in talks with Iran but “not enough” and that the kingdom’s hands remain outstretched to Tehran.

Saudi Arabia and Iran, which are locked in proxy conflicts across the Middle East, have held five rounds of talks hosted by Baghdad.

“We have made some progress but not enough,” Prince Faisal bin Farhan Al Saud told a World Economic Forum panel. “Our hands are stretched out.”

“We continue to encourage our neighbours in Iran to lean into what can be a very, very important sea change in our region,” he said, adding that a “new era of cooperation” in the could deliver benefits for all.

Iran hopes for expansion of ties with new UAE president

Saudi Arabia and Iran, which severed ties in 2016, launched direct talks last year as global powers moved to salvage a 2015 nuclear pact with Iran, which Gulf Arab states had seen as flawed for not addressing regional security concerns.

The nuclear talks have been on hold since March.

Prince Faisal said if a deal is reached it would “be potentially a good thing if it’s a good deal” and reiterated Riyadh’s stance that Tehran’s regional activities should be addressed.

Asked whether Riyadh was pleased by elections in Lebanon in which Iran-backed Hezbollah and its allies lost their parliamentary majority, the prince said: “This may be a positive step, but it’s too early to tell.”

He said it would depend on whether there would be real political reform “that re-imposes the authority of the state” and combats corruption as well as real economic reform.

Lebanon’s ties with Saudi Arabia, formerly a major donor to Beirut, had been damaged over what the Saudi foreign minister has said was the growing influence of Hezbollah in the country.

Comments

Comments are closed.