INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Israel congratulates Saudi Arabia on national day

Israel's Prime Minister Benjamin Netanyahu. (AFP)
  • "We send our sincere congratulations to the king, government and people of Saudi Arabia on the occasion of the 93rd national day," the Israeli foreign ministry said.
  • "May Allah bring you goodness and blessings, security and prosperity with our wishes for an atmosphere of peace, cooperation and good neighborliness," it added in the statement.

JERUSALEM – Israel offered its congratulations to Saudi Arabia on the kingdom’s national day on Saturday as the two countries move closer towards a possible normalization of ties.

“We send our sincere congratulations to the king, government and people of the Kingdom of Saudi Arabia on the occasion of the 93rd national day,” the Israeli foreign ministry said in a statement.

“May Allah bring you goodness and blessings, security and prosperity with our wishes for an atmosphere of peace, cooperation and good neighborliness,” it added in the statement on its English and Arabic-language accounts on X, formerly Twitter.

A ministry spokesman told AFP it was the first time such a message had been shared on its English-language account, but that it had been posted in Arabic before.

In an address to the UN General Assembly on Friday, Israeli Prime Minister Benjamin Netanyahu said: “We are at the cusp of… an historic peace between Israel and Saudi Arabia”.

Saudi Arabia’s Crown Prince Mohamed bin Salman had told Fox News that the two counties were getting “closer” to normalizing ties.

Several Arab states, including the United Arab Emirates and Bahrain, normalized their relations with Israel in 2020 under the so-called Abraham Accords but Saudi Arabia has so far held out.