The Muslim World
Saudi Arabia’s foreign minister says that while the kingdom would welcome U.S. aid in building its civilian nuclear program, there are also "others that are bidding.” Foreign Minister Prince Faisal bin Farhan spoke after meeting with visiting U.S. Secretary of State Antony Blinken, who wrapped up a two-day visit to the kingdom. He was responding to a question about recent news reports that Saudi Arabia is asking for U.S. aid in building its nuclear program in exchange for establishing diplomatic relations with Israel. Prince Faisal did not link the two issues, but said normalization would have “limited benefits” without “finding a pathway to peace for the Palestinian people.”
Lebanon must take urgent action on comprehensive economic reforms to avoid "irreversible consequences" for its economy, the International Monetary Fund said on Thursday.
Iran is claiming that it's created a hypersonic missile capable of traveling at 15 times the speed of sound. The announcement comes as tensions are high with the United States over Tehran's nuclear program. Iran's state television reported that the missile — called Fattah, or “Conqueror” — has a range of up to 1,400 kilometers, which is about 870 miles. The report also claimed it could pass through any regional missile defense system, though it offered no evidence to support the claim. The TV broadcast what appeared to be a model of the missile being unveiled by Iran’s Revolutionary Guard, a hard-line paramilitary organization in the Islamic Republic, before President Ebrahim Raisi.
A sharp selloff in Turkey's lira slowed on Thursday, when it slipped only 0.8% compared with a 7.2% plunge the day before, as traders said it was nearing more "normal" levels ahead of the expected appointment of a new central bank governor.
Pakistan's ousted former prime minister Imran Khan secured bail on Thursday from the Islamabad High Court over new murder charges, meaning he cannot be rearrested in connection with those charges for the next 14 days, his lawyer said.
Most stock markets in the Gulf ended higher on Thursday amid rising oil prices but the gains were limited after a surprise interest rate hike by Bank of Canada brought back fears that U.S. rates could stay higher for longer.