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President Trump signs $142 billion arms package during visit to Saudi Arabia

President Trump signs $142 billion arms package during visit to Saudi Arabia

The US has agreed to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defence cooperation agreement" Washington has ever done. The agreement, signed during US President Donald Trump's visit to the Saudi capital Riyadh, covers deals with more than a dozen U.S. defence companies in areas including air and missile defence, air force and space advancement, maritime security and communications, the fact sheet said. Saudi Arabia is the largest customer of U.S. arms.
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Azerbaijan and China sign Comprehensive Strategic Partnership

Azerbaijan and China sign Comprehensive Strategic Partnership

China and Azerbaijan have announced the establishment of a comprehensive strategic partnership between the two countries following talks between Chinese President Xi Jinping and Azerbaijani President Ilham Aliyev in Beijing on 23 April. During the talks, President Xi said that both sides should continuously enhance political mutual trust, deepen practical cooperation and strengthen international collaboration to open a new chapter of all-round cooperation. President Aliyev was in China for  a state visit between 22 and 24 April.

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Dubai marches ahead despite pandemic setbacks

Dubai marches ahead despite pandemic setbacks

Emphasising its resilience as the leading economic hub in the Gulf, the Emirate of Dubai on Sunday (27 December) unveiled a growth-oriented 2021 budget that seeks to accelerate the pace of economic recovery, strengthen social benefits and enhance infrastructure. Dubai seeks a quick bounce back in 2021 after the setbacks due to the coronavirus pandemic
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Sheikh Tamim goes on a shopping spree in Turkey, acquiring 10% of the Turkish Stock Exchange, and other assets

Sheikh Tamim goes on a shopping spree in Turkey, acquiring 10% of the Turkish Stock Exchange, and other assets

Memorandums of Understanding about the transfer of shares were signed on Thursday (26 November) during the visit of the Emir of Qatar, Sheikh Tamim bin Hamad al Thani to Ankara to participate in the 6th meeting of the Qatar-Turkey High Strategic Council
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Saudi Arabia clamps down on corruption

Saudi Arabia clamps down on corruption

Saudi Arabia is continuing its clampdown on corruption within its bureaucracy, particularly in the defence sector, launching more than 150 new criminal cases after investigations by its Control and Anti-Corruption Authority (Nazaha).