Oman reported to be contributing in organising the latest round of talks in Iraq
BAGHDAD – Saudi Arabia and Iran, two Muslim nations that are at loggerheads for influence in the Middle East, have continued talks in the Iraqi capital.
Reports in international media say Tehran and Riyadh resumed talks in the hope to ease regional tensions but downplayed outlooks of a major advance. The main challenges to re-establishing ties between two powerful neighbours were discussed in a positive atmosphere, per reports.
Recent talks could also pave the way for a meeting of the two foreign ministers as talks between the two nations were suspended in March while no specific reason was announced at that time.
Iran’s Supreme National Security Council (SNSC) official and Saudi’s intelligence chief, Khalid bin Ali Al Humaidan joined the talks to revive ties between the two Muslim states.
Oman was also reported to be contributing in organising the latest session other than Iraq, which has hosted all rounds of direct talks.
Up to now, the reopening of Iran’s representative office at the Jeddah-based Organisation of Islamic Cooperation (OIC) is the only result of the bilateral talks between the two.
Tension rose between the two states in 2016 when Iranian agitators stormed the Saudi embassy in the Iranian capital after the execution of a Shia cleric in the kingdom while the decades-old rivalry between them is worsened in recent times over religious differences.
Tehran and Riyadh also faced each other in the deadly Yemen war, where Iran backed the Houthi militias while Saudi-led coalition is fighting with Yemeni forces. The 2003 US military operation in Iraq also contributed to differences between the two countries.
Pakistani rupee inches up against US dollar in the open market on 28 March, 2024.
In the open market, the US dollar was being quoted at 278.4 for buying and 281.4 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.4 | 281.4 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.7 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.70 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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