Search Site

Trends banner

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

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

Iran top diplomat to visit Saudi, Qatar before Trump tour

Iran's Foreign Minister Abbas Araghchi attends a joint press conference with Russian Foreign Minister following their talks in Moscow on April 18, 2025. AFP
  • Araghchi is due to hold talks with senior Saudi officials in Riyadh before heading to Doha for a conference on Arab-Iranian dialogue
  • The Iranian top diplomat later said meetings in Saudi Arabia would cover the latest on the nuclear talks with the United States

Tehran, Iran – Iranian Foreign Minister Abbas Araghchi will visit Saudi Arabia and Qatar on Saturday, his ministry said, days before US President Donald Trump begins a regional tour.

Araghchi is due to hold talks with senior Saudi officials in Riyadh before heading to Doha for a conference on Arab-Iranian dialogue, ministry spokesman Esmaeil Baqaei said in a statement.The Iranian top diplomat later said meetings in Saudi Arabia would cover the latest on the nuclear talks with the United States.

“We believe that the sustainability of any possible agreement depends to a large extent on taking into account the considerations and concerns of the countries of the region in the nuclear field and the common interests of Iran and them,” said Araghchi in a video carried by local media.

Trump is scheduled to visit Saudi Arabia, Qatar and the United Arab Emirates from May 13 to 16 on his first major Middle East trip of his second term.

In Riyadh, he is expected to meet leaders of the Gulf Cooperation Council, a source close to the Saudi government told AFP earlier this month.

The visit follows three rounds of US-Iran negotiations over the Islamic republic’s nuclear programme.

A fourth round has been scheduled for Sunday.

The talks mark the highest-level contact between the two sides since Washington withdrew from a landmark nuclear deal with Tehran in 2018, during Trump’s first term.

On Wednesday, Trump said he would decide how the United States would officially refer to the Gulf, after US media reported he might call it the Gulf of Arabia instead of the Persian Gulf.

Iran condemned the idea, with Araghchi saying any attempt to change the name would reflect “hostile intent toward Iran and its people”.