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Middle EastPakistan PM Khan in Saudi Arabia to discuss relations
Reuters
2 minute read
Pakistan s Prime Minister Imran Khan speaks during a joint news conference with Afghan President Ashraf Ghani (not pictured) at the presidential palace in Kabul, Afghanistan November 19, 2020. REUTERS/Mohammad Ismail
Pakistani Prime Minister Imran Khan begins a two-day visit on Friday to Saudi Arabia, a traditionally close ally but with whom relations have been strained for months.
Khan, invited by Saudi Arabian Crown Prince Mohammed bin Salman, will discuss bilateral relations as well as regional and international issues of common interest, Saudi state media SPA said.
Saudi Arabia gave Pakistan a $3 billion loan and a $3.2 billion oil credit facility in late 2018. After Islamabad sought Riyadh s support over alleged human rights violations by India in the disputed territory of Kashmir, Saudi Arabia pushed Pakistan to repay the loan.
Aramco’s Q1 profits jump 30 percent
AFP, RIYADH
Energy giant Saudi Arabian Oil Co (Aramco) yesterday said that its first-quarter profits jumped 30 percent from a year earlier on the back of higher oil prices.
“Aramco’s net income was US$21.7 billion for the first quarter, a 30 percent increase from US$16.7 billion in Q1 2020, primarily driven by a stronger oil market, and higher refining and chemicals margins, partly offset by lower production,” the company said in a statement.
The news follows consecutive falls in quarterly profits last year owing to low oil prices and production cuts, as the COVID-19 pandemic sapped global energy demand.
Fears were raised today that Boris Johnson is at risk of hacking by Russia or China after the revelation that his mobile number has been freely available online for 15 years.
Former UK national security adviser Lord Ricketts is among those warning of the threat from hostile states after the PM s personal number was highlighted by a popular gossip site.
Downing Street refused to say whether Mr Johnson will now be changing the number. There were claims earlier this month that Cabinet Secretary Simon Case had advised him to switch following concerns over the ease with which lobbyists and others from the business world were able to contact him.