IPL 2025 suspended indefinitely amid escalating Indo-Pak tensions

Riyadh: Saudi Arabia has signed deals with the US worth more than $300 billion, Crown Prince Mohammed bin Salman said at the Saudi-US Investment Forum in Riyadh on Tuesday. 

During an address at the event, Prince Mohammed said the Kingdom was looking at $600 billion of investment opportunities, adding that he hoped this would raise to $1 trillion.

He noted that the US was among the largest partners of the Saudi Vision 2030 reform agenda, adding that joint investments were one of the most important pillars of the economic relationship between the two countries.

“The US is a major destination for the Public Investment Fund, accounting for approximately 40 percent of the fund's global investments,” he said.

He also said that cooperation with Washington was not limited to economic cooperation, but also extended to “establishing peace in the region and the world.”

Also speaking at the event, US President Donald Trump praised the transformation underway in Saudi Arabia, as he attributed it to the leadership of King Salman and the crown prince.

Trump described the crown prince as a “very great man like no other” and “the greatest representative of his people,” and highlighted the role of Saudis in driving development in their own country and the region as a whole.

Trump pointed to Riyadh’s rise as a global business hub and noted that the Kingdom’s non-oil sector revenues had now surpassed those of the oil sector.

He said Saudi Arabia deserved praise for preserving its culture and tradition while also embracing its forward-looking, modern Vision 2030 reform agenda.

During his speech, Trump criticized the Biden administration for removing the Houthis from the US terrorist list, calling it a serious mistake.

He contrasted regional developments, stating: “Some (in the Gulf) have turned deserts into farms, while Iran has turned its farms into deserts,” and warned that if Iran rejected Washington’s outreach, the US would be forced to impose maximum pressure.

Condemning Hezbollah for “destabilizing the region and looting Lebanon”, Trump said: “The biggest and most destructive of these forces is the regime in Iran, which has caused unthinkable suffering in Syria, Lebanon, Gaza, Iraq, Yemen and beyond.”

He described Lebanon as a victim of Hezbollah and Iran and expressed a desire to help the country.

Trump also praised Saudi Arabia’s role in Russia-Ukraine peace talks and affirmed US support for the Kingdom, saying it has “a great future.”

Earlier on Tuesday, the two leaders signed a strategic economic partnership agreement in Riyadh, the first leg of Trump’s regional visit.

The partnership included the signing of Memorandums of Understanding in the energy, mining, and defense sectors. 

Defense cooperation between the two countries centered on the modernization of the capabilities of the Saudi armed forces, along with an agreement between the Saudi Space Agency and NASA.

Other agreements included an MoU on mineral resources; an agreement with the Department of Justice; and cooperation on infectious diseases.

Trump arrived in Saudi Arabia Tuesday on what he called a “historic” tour of the Middle East that will mix urgent diplomacy on Gaza with huge business deals.

Saudi Crown Prince Mohammed bin Salman warmly greeted Trump as he stepped off Air Force One at King Khalid International Airport in the Saudi capital and kicked off his Middle East tour.

The two leaders then retreated to a grand hall at the Riyadh airport, where Trump and his aides were served traditional Arabic coffee by waiting attendants wearing ceremonial gun-belts.

Royal Saudi Air Force F-15s provided an honorary escort for Air Force One as it approached the kingdom’s capital. Trump and Prince Mohammed also were taking part in a lunch at the Royal Court, gathering with guests and aides. 

Later, the crown prince will fete Trump with a formal dinner. Trump is also slated to take part Tuesday in a US-Saudi investment conference.

Air Force One took off on a journey that will include visits to Qatar and the United Arab Emirates — and possibly talks in Turkiye on the Ukraine war.

Amid the ongoing border tension with Pakistan, the Punjab Police in India arrested two individuals on espionage charges. They allegedly leaked sensitive information and photographs of Army cantonment areas and Air Bases in Amritsar, said the police on Sunday.

The two persons were identified as Palak Sher Masih and Suraj Masih. They were arrested in a significant counter-espionage operation by the Amritsar Rural Police.

Director General of Police Gaurav Yadav wrote on X, "Malerkotla Police apprehends two individuals for their alleged involvement in espionage activities linked to a Pakistani official posted at the High Commission, New Delhi.

"Acting on credible intelligence, one suspect was arrested for leaking sensitive information regarding Indian Army movements to a Pakistan-based handler. Based on disclosures made during interrogation, a second conduit was also identified and taken into custody.

"Preliminary investigation reveals that the accused had been receiving payments through online transactions in exchange for classified information. They were in frequent contact with the handler and were involved in channeling funds to other local operatives as per his instructions. Two mobile phones have been recovered, and an FIR has been registered."

The police said further investigation will be undertaken as per established protocol, with a focus on tracing the financial trail and identifying additional operatives and linkages within the network.

Bengaluru, May 15: The Karnataka Lokayukta police on Thursday conducted simultaneous raids across multiple districts, including Bengaluru and Mangaluru, targeting government officials suspected of possessing disproportionate assets (DA).

According to Lokayukta police, the raids were carried out on properties linked to seven government officials in Bengaluru city, Bengaluru Rural, Tumakuru, Yadgir, Mangaluru, and Vijayapura districts.

The officials under the scanner are:

Murali T.V., Additional Director, Directorate of Urban and Rural Planning

H.R. Nataraj, Inspector, Legal Metrology, Bengaluru

Anant Kumar, Second Division Assistant, Taluk Office, Hoskote (Bengaluru Rural)

Rajshekar, Project Director, Nirmiti Kendra, Tumakuru

Manjunath, Survey Supervisor, Dakshina Kannada (Mangaluru)

Renuka Satarle, Officer, Dr. B.R. Ambedkar Abhivrudhi Nigama, Vijayapura

Umakanth, Officer, Shahpur Taluk, Yadgir district

Raids were conducted at 12 locations in Bengaluru city, eight in Bengaluru Rural, seven in Tumakuru, five in Yadgir, four in Mangaluru, and four in Vijayapura.

The raids followed complaints alleging corruption and accumulation of assets disproportionate to known sources of income. A preliminary investigation was carried out into the assets of the officials, their families, and close relatives, after which separate DA cases were registered at respective Lokayukta police stations.

The coordinated operation began at 6 a.m. and was conducted under the supervision of superintendents of police from the respective districts. Deputy superintendents, police inspectors, and other staff were also involved in the raids.

Authorities have not yet disclosed the details of movable and immovable assets seized during the operation. Further information is expected following the completion of assessments at the raided sites.