Search Site

Trends banner

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Iran terms latest talks with Saudi Arabia as ‘positive’

Iran's Foreign Ministry spokesman Saeed Khatibzadeh speaks to the media during a press conference in Tehran, on April 25, 2022. (Photo by ATTA KENARE / AFP)
  • Shiite Muslim-majority Iran and the Sunni kingdom of Saudi Arabia support rival sides in several conflicts, including in Yemen
  • Iran's Nour news agency reported the latest talks were attended by senior officials from the two countries

Iran said Monday that the latest round of talks with its regional rival Saudi Arabia was “positive and serious” and voiced hope for further progress soon.

Tehran and Riyadh, which severed diplomatic ties in 2016, held four rounds of talks in Iraq between April and September last year, with a fifth meeting last Thursday.

“The fifth round of negotiations between Iran and Saudi Arabia in Baghdad … was positive and serious and saw progress,” foreign ministry spokesman Saeed Khatibzadeh told reporters.

Shiite Muslim-majority Iran and the Sunni kingdom of Saudi Arabia support rival sides in several conflicts, including in Yemen, where Tehran backs the Houthi rebels and Riyadh leads a military coalition supporting the government.

Iran’s Nour news agency reported the latest talks were attended by “senior officials from the secretariat of Iran’s Supreme National Security Council and the head of the Saudi intelligence service”.

It added that the foreign ministers of the two countries were expected to meet “in the near future”.

Khatibzadeh said that “if the negotiations are upgraded to first-class political level, it can be expected that progress can be made swiftly in different sectors of the talks”.

The spokesman also said “an agreement was reached to hold the next round of negotiations” between Iran and Saudi Arabia, but he did not specify a date.