The move will authorize harsher penalties on the Iran-backed group, which has attacked Israel and disrupted global shipping trade in the Red Sea for over a year.

Stargate is receiving a ton of funding from an Abu Dhabi-based investment company called MGX, which has ties to the UAE's royal family.

Saudi Arabia​'s crown prince told President Trump in a call that the kingdom intends to invest $600 billion in the U.S. over the next four years.

"Everyone recognizes that the Palestinian issue shouldn't be left behind," an expert told Newsweek. "So there must be progress on this."

US President signs executive order designating Ansar Allah, also known as the Houthis, a Foreign Terrorist Organization, as the Iran-backed rebels continue their attacks on vessels in the Red Sea.

Saudi crown prince says the kingdom intends to invest $600 billion in the US during call with President Donald Trump

Trump stated that he would not "push" Israel and Saudi Arabia toward normalization, but expressed confidence that diplomatic relations between the two countries would be established "soon."

President Donald Trump threatens 100% tariffs on BRICS nations over potential 'de-dollarisation' efforts. India balances ties with the US and BRICS while ensuring its economic and strategic interests are preserved.

Saudi Crown Prince Mohammed bin Salman promised on Thursday to pile $600 billion into US trade and investments as he congratulated Donald Trump on his return to the White House.

Donald Trump picked up the phone and dialed his first foreign leader. The honor didn't go to the leader of a formal U.S. treaty ally like Canada or the United Kingdom, but rather to Saudi Crown Prince Mohammed bin Salman (MBS).

Wall Street shares looked set for more gains on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar was steady

Gold prices inched higher at the opening of the markets in Dubai on Thursday. The Dubai Jewellery Group data showed 24K opening at Dh334.25 per gram on Thursday morning, up by Dh0.25 per gram. While 22K, 21K and 18K opened at Dh309.5, Dh299.5 and Dh256.75 per gram, respectively.