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Riyadh eyes significant investment in Pakistan, Saudi FM says

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Saudi Arabia's foreign minister said on Tuesday that Riyadh will be "moving ahead significantly" to invest in projects in Pakistan, days after Islamabad announced that the Kingdom had pledged to expedite $5 billion in investment, Reuters reported.

Prince Faisal bin Farhan bin Abdullah arrived in Islamabad on Monday to lead a delegation on a two-day visit as part of efforts to boost economic cooperation.

His Pakistani counterpart Ishaq Dar told a joint news conference that Pakistan gave extensive briefings to the delegation on potential investment projects.

Dar outlined areas of interest for Saudi investors such as agriculture, mining, information technology and aviation.

The prince said he was very impressed with the briefings on the investment opportunities, read the report.

"This gave us some very, very significant confidence that we will be able to move forward on those projects which we decide to identify as a worthy of investment," he said, adding, "I am sure we will be moving ahead significantly."

The delegation came to follow-up on the understanding reached between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman during their recent meeting in Makkah Al Mukarramah to enhance economic cooperation between the two countries.

Sharif met with the crown prince last week and discussed expediting a planned $5 billion investment package, which cash-strapped Pakistan desperately needs to shore up its dwindling foreign reserves and fight a chronic balance of payment crisis.

The Special Investment Facilitation Council (SIFC), a body consisting of Pakistani civilian and military leaders set up to promote investment in Pakistan, briefed the delegates to showcase various sectors for investment, Dar said.

The visit came ahead of Pakistan seeking a 24th bailout from the International Monetary Fund. Pakistan Finance Minister Muhammad Aurangzeb is in Washington to attend the IMF, World Bank spring meetings where he will open formal talks for the new loan programme, Reuters reported.

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Iran’s president to make rare visit to Egypt for D-8 summit

Iran will discuss regional and bilateral affairs with the participating countries on the sidelines of the summit, Baghaei added.

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Iranian President Masoud Pezeshkian will take part in a summit of big Muslim countries in Egypt on Thursday, Foreign Ministry spokesperson Esmaeil Baghaei said, the first visit by an Iranian president to Egypt in more than a decade, Reuters reported.

Egypt is hosting the summit of the D-8 Organization for Economic Cooperation, which also includes Bangladesh, Indonesia, Malaysia, Nigeria, Pakistan and Turkey.

Relations between Egypt and Iran have generally been fraught in recent decades but the two countries have stepped up high-level diplomatic contacts since the eruption of the Gaza crisis last year as Egypt tried to play a mediating role, read the report.

Iran's Foreign Minister Abbas Araqchi travelled to Egypt in October to discuss regional issues with Egyptian officials, while his Egyptian counterpart Badr Abdelatty travelled to Tehran earlier in July to attend Pezeshkian's inauguration.

"We have the important summit... known as D-8 in Egypt, the foreign minister will take part in the ministerial conference and then the summit will be held with the participation of the president," Baghaei said in a weekly televised news conference.

Iran will discuss regional and bilateral affairs with the participating countries on the sidelines of the summit, Baghaei added.

The D-8 was established in 1997 to improve cooperation between countries stretching from Southeast Asia to Africa.

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Bomb kills chief of Russian nuclear protection forces in Moscow

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A bomb hidden in an electric scooter killed a senior Russian general in charge of nuclear protection forces in Moscow on Tuesday, Russia’s investigative committee said.

Lieutenant General Igor Kirillov, who is chief of Russia’s Nuclear, Biological and Chemical Protection Troops, was killed outside an apartment building on Ryazansky Prospekt, which starts a road some seven km (4 miles) southeast of the Kremlin, Reuters reported.

“Igor Kirillov, the head of the radiation, chemical and biological protection forces of the armed forces of the Russian Federation, and his assistant were killed,” the investigative committee said.

Photographs posted on Russian Telegram channels showed a shattered entrance to a building littered with rubble and two bodies lying in the blood-stained snow.

Reuters footage from the scene showed a police cordon. A criminal case has been opened.

Russia’s radioactive, chemical and biological defense troops, known as RKhBZ, are special forces who operate under conditions of radioactive, chemical and biological contamination.

On Monday, Ukrainian prosecutors charged Kirillov in absentia with the alleged use of banned chemical weapons in Ukraine, the Security Service of Ukraine said, according to the Kyiv Independent.

Russia denies those accusations.

Britain in October sanctioned Kirillov and the nuclear protection forces for using riot control agents and multiple reports of the use of the toxic choking agent chloropicrin on the battlefield.

 
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Hezbollah chief says group lost its supply route through Syria

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Hezbollah head Naim Qassem said on Saturday that the Lebanese armed group had lost its supply route through Syria, in his first comments since the toppling of President Bashar al-Assad nearly a week ago by a sweeping rebel offensive.

Under Assad, Iran-backed Hezbollah used Syria to bring in weapons and other military equipment from Iran, through Iraq and Syria and into Lebanon. But on Dec. 6, anti-Assad fighters seized the border with Iraq and cut off that route, and two days later, rebels captured the capital Damascus.

"Yes, Hezbollah has lost the military supply route through Syria at this stage, but this loss is a detail in the resistance's work," Qassem said in a televised speech on Saturday, without mentioning Assad by name, Reuters reported.

"A new regime could come and this route could return to normal, and we could look for other ways," he added.

Hezbollah started intervening in Syria in 2013 to help Assad fight rebels seeking to topple him at that time. Last week, as rebels approached Damascus, the group sent supervising officers to oversee a withdrawal of its fighters there.

More than 50 years of Assad family rule has now been replaced with a transitional caretaker government put in place by Hayat Tahrir al-Sham, a former al Qaeda affiliate that spearheaded the rebel offensive.

Qassem said Hezbollah "cannot judge these new forces until they stabilise" and "take clear positions", but said he hoped that the Lebanese and Syrian peoples and governments could continue to cooperate.

"We also hope that this new ruling party will consider Israel an enemy and not normalise relations with it. These are the headlines that will affect the nature of the relationship between us and Syria," Qassem said.

Hezbollah and Israel exchanged fire across Lebanon's southern border for nearly a year in hostilities triggered by the Gaza war, before Israel went on the offensive in September, killing most of Hezbollah's top leadership.

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