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Articles for tag: Arabia, defense, Foreign, held, Latest, Minister, pact, Pakistan, Saudi, talks, Turkish

January 15, 2026

News Desk

Turkish foreign minister says defense pact talks with Pakistan and Saudi Arabia held

Raza Hayat Harraj says the potential deal is separate from the Pakistan-Saudi defense deal announced last year A combination of photos with Saudi Crown Prince Mohammed Bin Salman, Pakistan Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan. Photo: AFP/ Archive Defense Production Minister Raza Hayat Harraj said Pakistan, Saudi Arabia and Turkey had drawn up a draft defense deal after nearly a year of talks, a sign they could seek a bulwark against the upsurge in regional violence over the past two years. Harraj said Reuters A day ago, the potential deal between the three regional powers was

January 15, 2026

News Desk

Turkish foreign minister says defense pact talks with Pakistan and Saudi Arabia held

Turkish Foreign Minister Hakan Fidan speaks during an interview with Reuters at the 23rd edition of the annual Doha Forum, in Doha, Qatar, December 6, 2025. — Reuters The Turkish Foreign Minister emphasizes the need for wider regional cooperation, trust. He says the issues could be resolved if nations “are sure of each other.” Bloomberg says Ankara in advanced talks to join the defense pact. Turkish Foreign Minister Hakan Fidan said on Thursday that talks have been held on a possible defense pact with Pakistan and Saudi Arabia, but no deal has been signed. Responding at a press conference in

January 11, 2026

News Desk

India’s foreign policy, politics and economy to collide in 2026, analysts warn

US tariffs, strained ties and regional instability may test Modi government’s balancing act India is likely to face a year in which the lines between foreign policy, domestic policy and the economy become increasingly blurred, making it harder for Prime Minister Narendra Modi’s government to offset diplomatic setbacks with domestic successes, according to a Chatham House analysis. THE report said 2025 was a painful foreign policy year, marked by a four-day standoff with Pakistan in May and an arguably more contentious downturn in India’s relations with the United States. The Trump administration has imposed 50% tariffs on India over its

January 9, 2026

News Desk

Foreign exchange reserves rise by $141 million to $21.19 billion

Entry cover in 2.65 months. Gold falls to Rs 466,162/tola on upcoming US non-farm payrolls data The loan delay will not adversely affect Pakistan’s external position in the short term due to its $16 billion in gross foreign exchange reserves. PHOTO: FILE KARACHI: Pakistan’s total liquid foreign exchange reserves stood at $21.19 billion as of January 2, 2026, reflecting a modest improvement in the country’s external liquidity position, according to official data. The State Bank of Pakistan (SBP) held foreign exchange reserves of $16.06 billion, while commercial banks collectively held net foreign exchange reserves of $5.14 billion, bringing total liquid

January 6, 2026

News Desk

Somalia calls Israeli Foreign Minister’s visit to Somaliland an “invasion”

Somalis hold a picture depicting Israeli Prime Minister Benjamin Netanyahu during a demonstration following Israel’s recognition of self-proclaimed Somaliland as an independent and sovereign state, in Hodan district of Mogadishu, Somalia, December 28, 2025. — Reuters Somalia says it reserves the right to take diplomatic, legal measures. Somaliland’s president praises Israel’s “courageous” decision. Israeli minister says recognizing Somaliland is “a moral thing to do”. Israel’s foreign minister arrived in the “Somaliland” region of the Federal Republic of Somalia on Tuesday in a high-profile visit, condemned by Somalia as an “unauthorized invasion” after Israel recognized the breakaway region in the Horn

December 27, 2025

News Desk

Liquid foreign exchange reserves increase slightly to 21 billion dollars

SBP imports Rs2.06tr, gold crosses Rs473,000/tola and silver crosses Rs7,900/tola on global rally Almost 87% of foreign loans were for financing the budget and building up foreign exchange reserves, which meant that these had not been used to build assets. PHOTO: FILE KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) rose marginally in the week ended December 19, 2025, increasing by $16 million to $15,902.5 million from $15,886.5 million a week earlier, according to official data released by the central bank. The country’s total liquid foreign exchange reserves stood at $21,022.6 million as of December

December 13, 2025

News Desk

Canada introduces 14-day expedited work permits for foreign doctors

Canada aims to attract more foreign doctors with new measures, ministers Diab and Chi say Under the new Canadian policy, doctors who secure a provincial or territorial nomination along with a job offer will qualify for expedited processing. In a major push to address health care shortages nationwide, Canada has developed an immigration fast track that will grant eligible foreign doctors a work permit in just 14 days, according to the UAE. Gulf News. The measure, announced by Immigration Minister Lena Metleghe Diab and Parliamentary Secretary to Health Minister Maggie Chee, aims to attract more international health professionals to the

December 4, 2025

News Desk

Pakistan shoots down foreign reports misidentifying Delaware suspect

FO says 25-year-old Luqmaan Khan is an Afghan who briefly lived in Pakistan as a refugee The Foreign Office (FO) on Thursday dismissed foreign media reports that a man arrested in Delaware for alleged attack plots is Pakistani, clarifying that the suspect is an Afghan national who had spent only a few years as a refugee in Pakistan. “He is not a Pakistani national or of Pakistani origin,” FO spokesman Tahir Andrabi said in a statement. “He is Afghan, spent a few years as a refugee in Pakistan and then went to the US, where he spent most of his

December 3, 2025

News Desk

Indian rupee among Asia’s worst foreign exchange performers this year

A person counting Indian currency in this undated image. — AFP MUMBAI: India’s rupee fell to a fresh record low above 90 per dollar on Wednesday, extending recent declines, with traders partly blaming the delay in concluding a trade deal with the United States. The rupee has been among Asia’s worst currency performers this year, weighed down by India’s current account deficit and foreign outflows. New Delhi’s early trade talks with Washington fueled optimism that foreign capital would flow into the world’s fifth-largest economy – helping push the rupee to a near six-month high of 83.75 against the dollar in

November 22, 2025

News Desk

Pakistan’s foreign exchange reserves stand at $14.55 billion

SBP injects liquidity into the money market. Gold slips Rs 5,000/tola, rupee gains marginally KARACHI: Pakistan’s foreign exchange reserves recorded a modest improvement during the week ended November 14, 2025, with State Bank of Pakistan (SBP) holdings increasing by $27 million to $14.551 billion, according to data released by the central bank on Thursday. The weekly SBP report showed that the country’s total liquid foreign reserves stood at $19.738 billion. Of this, commercial banks held $5.187 billion in net reserves, with the SBP’s share constituting the bulk of the total. The SBP on Thursday injected a combined liquidity of over

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