Arch-rivals Iran and Saudi Arabia concur to revive ties, reopen embassies

Arch-rivals Iran and Saudi Arabia concur to revive ties, reopen embassies


Regional foes Iran and Saudi Arabia agreed to resume diplomatic relations and reopen embassies in every other’s countries, equally governments declared by using their condition media companies.

“As a outcome of the talks, Iran and Saudi Arabia agreed to resume diplomatic relations and re-open embassies …within just two months,” Iran’s information agency IRNA documented Friday.

Saudi Arabia’s condition Saudi Press Agency verified the announcement in its personal assertion.

This is a breaking news story and will be current shortly.



Supply

Figma jumped 250%. Will it hold? Here’s how other blockbuster debuts have performed
World

Figma jumped 250%. Will it hold? Here’s how other blockbuster debuts have performed

Figma ‘s 250% spectacular debut on the New York Stock Exchange has some quarters of the market doubting whether the company can maintain its price level. CNBC’s analysis of first-day trading performance for stocks over the past three decades shows that such blockbuster IPOs have just better than even odds of typically holding on to […]

Read More
Switzerland’s tariff shock: The 39% U.S. hit no one saw coming
World

Switzerland’s tariff shock: The 39% U.S. hit no one saw coming

The duty would be a “devastating” blow to the export-reliant Swiss economy and businesses, analysts say. Source

Read More
U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower
World

U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower

An attendee holds an “Entry Level Jobs” flyer at a City Career Fair hiring event in Sacramento, California, on Feb. 27, 2025. David Paul Morris | Bloomberg | Getty Images Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market. Job […]

Read More