




The statement from the Saudi foreign ministry said Saudi Crown Prince Mohammed bin Salman has affirmed the kingdom's position in 'a clear and explicit manner' that does not allow for any interpretation under any circumstances.
The Crown Prince's concerns have intensified in light of the recent conflict in Gaza, which has fueled widespread anger across the Arab world toward Israel.
The trip set to start Monday was to have been the crown prince’s first visit to Japan since 2019. Hayashi said at a regular news briefing in Tokyo the two nations would reschedule the visit, without indicating when.
The first electric cars assembled in Saudi Arabia with Lucid Group Inc. twinkled under factory spotlights, designed to show the world how a kingdom built on oil could draw in foreign capital to become a global hub for the industries of the future.
Crown Prince Mohammed bin Salman's decision comes as the kingdom is trying to build a series of megaprojects and invest in sports and other fields aggressively abroad to wean the country off of relying solely on oil.
The kingdom plans to open the licensed shop in the coming weeks in Riyadh, where non-Muslim diplomats will be allowed to buy alcohol, according to foreign officials in the Saudi capital, who are familiar with the matter.
The MoU shall remain in effect for five years, and it shall be automatically be renewed for a similar period, read the document seen by Moneycontrol.
The two countries have also agreed to expedite negotiations on the India-Gulf Cooperation Council free trade agreement
The Saudi Arabian PM will meet President Droupadi Murmu at the Rashtrapati Bhawan around 6:30 p.m.
India and Saudi Arabia have historically close and friendly relations with extensive people-to-people contacts. The trade between both countries reached an time high of $52.75 billion in FY 2022-23.