Saudi crown prince says kingdom intends to invest $600 billion in US during call with Trump
Dubai (AP): Saudi Arabia's crown prince said Thursday the kingdom wants to invest USD 600 billion in the United States over the next four years, comments that came after President Donald Trump mused about returning to the kingdom as his first foreign trip.
The comments from Crown Prince Mohammed bin Salman, reported early Thursday by the state-run Saudi Press Agency, came in a phone call with Trump.
“The crown prince affirmed the kingdom's intention to broaden its investments and trade with the United States over the next four years, in the amount of $600 billion, and potentially beyond that,” the report said.
The readout did not elaborate on where those investments and trade could be placed. The US in recent years has increasingly pulled away from relying on Saudi oil exports, which once was the bedrock of their relationship for decades. Saudi sovereign wealth funds have taken large stakes in American businesses while also looking at sports as well.
There was no immediate readout from the White House on the call. It also wasn't immediately clear if Trump's call with the crown prince was his first with a foreign leader since re-entering the White House. However, it was the first reported abroad.
The crown prince, the de facto ruler of the oil-rich kingdom, also spoke with U.S. Secretary of State Marco Rubio early Thursday.
On Monday after his inauguration, Trump talked about possibly heading to the kingdom again as his first foreign trip, like he did in 2017.
“The first foreign trip typically has been with the UK but ... I did it with Saudi Arabia last time because they agreed to buy $450 billion worth of our products,” Trump told journalists in the Oval Office. “If Saudi Arabia wanted to buy another $450 billion or $500 — we'll up it for all the inflation — I think I'd probably go.”
The 2017 visit to the kingdom set in motion a yearslong boycott of Qatar by four Arab nations, including the kingdom.
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Indian visa application centre suspended indefinitely in Bangladesh's Chattogram
Dhaka (PTI): India on Sunday suspended visa operations at its mission in Bangladeshi port city of Chattogram until further notice, according to media reports.
The move comes in the wake of a fresh wave of unrest witnessed in the country following the death of prominent youth leader Sharif Osman Hadi.
His death triggered attacks and vandalism across Bangladesh, including stone-hurling at the Assistant Indian High Commissioner's residence in Chattogram on Thursday.
Hadi, a prominent leader of the student-led protests last year that led to the ouster of the prime minister Sheikh Hasina-led Awami League government, was a candidate for the scheduled February 12 general elections.
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He was shot in the head on December 12 by masked gunmen at an election campaign in central Dhaka’s Bijoynagar area and died while undergoing treatment in Singapore on December 18.
“Due to the recent security incident at Assistant High Commission of India (AHCI) Chittagong, Indian visa operations at IVAC Chittagong (Chattogram) will remain suspended from 21/12/2025 until further notice,” the Indian Visa Application Centre (IVAC) said in a brief statement.
The announcement for reopening the visa centre will be made after reviewing the situation, the statement added. The decision came into effect on Sunday.
There are five IVAC facilities across Bangladesh at Dhaka, Khulna, Rajshahi, Chattogram and Sylhet. An IVAC official told PTI that the other four offices have remained operational as of Sunday.
India on Thursday resumed operations at its visa application centre in Dhaka, a day after closing it over escalated security concerns, but closed for a brief period two other identical facilities in Rajshahi and Khulna as anti-India protestors tried to march towards the Indian missions there.
On Saturday, security was strengthened at the Indian Assistant High Commission office and the visa application centre in Bangladesh's Sylhet city.
The enhanced security measures were put in place to ensure that “no third party can exploit the situation,” Additional Deputy Commissioner (Media) of the Sylhet Metropolitan Police Saiful Islam was quoted as saying by The Dhaka Tribune newspaper on Saturday.
Hadi, 32, was laid to rest on Saturday amid extra-tight security beside the grave of National Poet Kazi Nazrul Islam near the Dhaka University mosque.
Tens of thousands of people attended the funeral prayers, and ahead of the ritual, chanted anti-India slogans like “Delhi or Dhaka - Dhaka, Dhaka” and “brother Hadi’s blood will not be allowed to go in vain.”
Earlier on December 17, the Ministry of External Affairs (MEA) summoned Bangladesh envoy Riaz Hamidullah and conveyed its strong concern over certain extremist elements announcing plans to create a security situation around the Indian mission in Dhaka.
“We expect the interim government to ensure the safety of Missions and Posts in Bangladesh in keeping with its diplomatic obligations,” it said.
The envoy was apprised of India's strong concerns about the deteriorating security environment in Bangladesh, it added.
