标签： Asia

Rumors of delayed or frozen cross-border money transfers from Saudi Arabia to United Arab Emirates-based accounts have sparked growing alarm that long-simmering political tensions between the two wealthy Gulf neighbors are finally spilling over into their critical bilateral commercial relationship. Multiple anonymous sources speaking to the *Financial Times* confirmed that starting in May, payments routed through Saudi banks to UAE accounts held by Dubai-based companies and individual clients have been repeatedly held up or returned, in most cases with no formal explanation provided for the hold. One Western executive working for a Dubai-headquartered healthcare firm told the outlet that since mid-May, Saudi financial institutions have blocked and reversed multiple payments coming from a long-standing Saudi customer of the company.

In an official response to inquiries from the *Financial Times*, Saudi Arabia’s central bank issued a denial, stating it had not put in place any “direct restrictions on specific countries” as part of its routine financial oversight.

The reported disruptions have hit one of the most economically significant bilateral partnerships in the Gulf region. Though the two nations have long been framed as formal allies, their relationship has been fraying for years over a growing list of regional policy disagreements. Most notably, the UAE has built a close strategic alliance with Israel, a step Riyadh has refused to take, as the Saudi government still does not formally recognize Israeli statehood. Saudi policymakers also have publicly opposed the UAE’s support for separatist political movements active in both Somalia and Yemen.

As the two largest economies in the Arab world, their commercial ties carry massive regional weight: Saudi Arabia boasts a gross domestic product of roughly $1.2 trillion, while the UAE’s economy totals around $550 billion, and annual bilateral trade between the two already tops $20 billion. For decades, international and regional companies have used Dubai’s business-friendly ecosystem as a regional hub to access the Saudi market, but in recent years Riyadh has pushed aggressively to encourage firms to relocate their regional operations to the kingdom as part of its Vision 2030 economic diversification plan, which aims to retain more domestic business, job opportunities and foreign investment within Saudi borders.

Kristian Coates Ulrichsen, a Middle East fellow at Rice University’s Baker Institute, noted that strategic and economic competition between the two powers is nothing new, and past periods of tension have not resulted in a permanent breakdown of ties. “There has always been economic competition between the two sides and this is not the first time that such measures have reportedly been deployed to raise the stakes, and the relationship survived previous bouts of tension in the late 2000s and in 2021 as well,” Ulrichsen told *Middle East Eye*. The most severe recent escalation of tensions dates back to last December, when Riyadh accused Abu Dhabi of backing a secessionist Yemeni faction that launched an offensive against military forces aligned with Saudi Arabia. The confrontation eventually forced the UAE to withdraw its own military personnel from Yemen, after Saudi forces launched targeted attacks on UAE-backed Yemeni groups. At the time, Saudi Arabia stated that the UAE, once its core partner in the Saudi-led coalition that entered Yemen’s civil war in 2015 to fight the Houthi movement, had threatened Saudi national security by supporting the secessionist offensive. The years-long Yemeni conflict has failed to defeat the Houthis and has already claimed the lives of hundreds of thousands of Yemeni civilians and combatants.

That December dispute triggered the worst diplomatic rupture between the two Gulf states in decades, and brought long-simmering rivalries over trade strategy, oil policy and regional influence out into the open. Tensions were temporarily sidelined after the United States and Israel launched their campaign against Iran, as Gulf states moved to present a unified front following Iranian strikes on regional targets in retaliation. Ulrichsen explained that the underlying disagreements never truly resolved themselves, only faded from immediate focus. “It’s likely that the tensions never really went away but the immediacy and urgency of the Iranian attacks on the Gulf meant that they faded into the background during the war,” he said.

Early this year, the UAE surprised neighboring Gulf states with its announcement that it would withdraw from OPEC, the oil exporting cartel that is effectively led by Saudi Arabia. While Abu Dhabi framed the decision as a reflection of its independent “economic vision and evolving energy profile,” the move was widely interpreted as a major strategic snub to Riyadh. Despite mounting diplomatic friction, Saudi officials have repeatedly maintained that political tensions with the UAE will not damage bilateral trade and economic ties.

A multiagency air and sea search operation has located the wreckage of a missing private cargo plane off Pakistan’s Arabian Sea coast, 12 hours after the Boeing 737 lost contact with air traffic controllers mid-flight, national aviation officials confirmed. All five crew members on board the aircraft, which was operated by Pakistani carrier K2 Airways, remain missing as rescue efforts enter a new phase.

The cargo jet departed Karachi, Pakistan’s southern coastal commercial hub, on Tuesday bound for Sharjah, United Arab Emirates. According to official statements from the Pakistan Airports Authority, the plane suffered a sudden, rapid descent and cut off communication with ground control at 21:21 local time (16:21 GMT). Only minutes before the unexpected descent, the flight crew had reported a critical failure in the aircraft’s navigation systems, authorities added.

Search teams pulled the wreckage from waters 53 nautical miles south of Ormara, a small port town situated roughly 223 miles west of Karachi, the plane’s departure point. The 12-hour search operation deployed both maritime and aerial assets to scan the remote stretch of Arabian Sea before debris was located.

The incident marks the first major aviation accident in Pakistani airspace in nearly six years. The last major tragedy occurred in 2020, when a Pakistan International Airlines domestic passenger flight crashed on approach to Karachi’s main airport. Out of the 99 people on board that flight, only two survived the crash.

Authorities have not yet released details on potential causes of the 2024 incident, nor an updated timeline for the ongoing search for the missing five crew members. Rescue teams are continuing to comb the crash site in hopes of recovering additional debris and locating the crew.

A deadly Israeli airstrike in central Gaza City has killed a senior Egyptian aid official and two other civilians, including a child, drawing sharp diplomatic pushback from Cairo amid ongoing ceasefire negotiations hosted by the Egyptian capital. The Tuesday attack targeted a civilian vehicle traveling through the al-Sabra neighborhood of Gaza City, claiming the life of Mohamed Fawaz al-Wahidi, who held dual leadership roles as public relations director for the Egyptian Relief Committee (ERC) and head of the committee’s Office of Mukhtars and Community Elders at its Gaza City headquarters, according to multiple regional news outlets including the Palestinian Information Center and Arabi Post. Two additional passengers in the vehicle — one a minor — also died in the strike, and several bystanders sustained injuries. Wounds
The timing of the attack carried unusual resonance: it unfolded mere hours before the ERC was set to host a free public screening of the World Cup match between Egypt and Argentina, a popular community event the aid organization had organized across multiple Gaza locations. Prior to the strike, Wahidi had just wrapped up work at a local neighborhood reconciliation meeting, a role he was widely recognized for across the Gaza Strip. ERC spokespeople described Wahidi as a deeply respected community figure who dedicated his career to mediating local disputes and supporting Palestinian families in need. The al-Sabra strike pushed the total death toll from Israeli strikes across all of Gaza on that Tuesday to at least seven people, with an additional 20 people injured, according to casualty tallies from local medical sources. Additional drone strikes were confirmed Tuesday in the southern city of Khan Younis and across northern Gaza, local sources told Israeli outlet Haaretz and medical teams at Nasser Hospital in southern Gaza. Founded under the direction of Egyptian President Abdel Fattah el-Sisi, the ERC is a key humanitarian actor in blockaded Gaza, coordinating a broad range of critical aid operations that include food distribution, rubble clearance after airstrikes, and management of displacement camps for Palestinians displaced by repeated rounds of conflict. The attack comes at a sensitive diplomatic moment: Cairo is currently hosting high-level talks aimed at securing a second phase of a regional ceasefire between Israel and Hamas. Following the strike, Egyptian authorities delivered a strongly worded formal protest to Israel, demanding a full explanation for the killing of the Egyptian-affiliated aid worker, Haaretz reported. This strike is far from an isolated incident: Israel has sustained a regular campaign of airstrikes and ground operations in Gaza even after a US-brokered ceasefire agreement between Israel and Hamas took effect last October. In the eight months following the ceasefire’s implementation, at least 1,072 Palestinians have been killed and more than 3,460 injured in Israeli actions across the Gaza Strip, according to aggregated casualty data. This report draws on verified on-the-ground sourcing from multiple independent regional and international news outlets covering the ongoing conflict in Gaza.

A devastating landslide has claimed the lives of eight people, among them seven student girls, after it struck a girls’ Islamic study school at the world’s largest Rohingya refugee settlement in Bangladesh’s Cox’s Bazar, compounding a growing humanitarian crisis fueled by relentless seasonal monsoon rains.

The disaster unfolded on Wednesday afternoon, when a cascade of mud and debris buried the makeshift school hut, triggering immediate, frantic search and rescue operations led by local relief authorities. As of the latest official updates, rescue teams have managed to extract 13 people trapped beneath the mudslide, eight of whom could not be revived after being pulled from the debris. Among the fatalities are seven students between the ages of 7 and 12 and one female teacher, while five other injured children have been transported to local medical facilities for urgent care. The total number of people who were inside the school at the time of the landslide remains unconfirmed, local officials confirmed.

This landslide is just the latest in a string of rain-triggered disasters that have shaken the Cox’s Bazar region since Sunday, when this year’s monsoon season intensified to bring record levels of rainfall to the coastal district. Prior to the school disaster, official data already recorded at least eight additional Rohingya refugee deaths from separate landslides across the settlement, five of which were children.

Cox’s Bazar is currently home to more than 1 million Rohingya refugees, the vast majority of whom fled a brutal military crackdown in their native Myanmar in 2017 that left thousands of Rohingya dead and forced more than 700,000 to cross the border into Bangladesh. As a stateless ethnic Muslim minority in majority-Buddhist Myanmar, Rohingya people have long been denied full citizenship and basic rights in their home country, leaving them dependent on humanitarian aid in the overcrowded Bangladesh camps. Most refugees live in flimsy, makeshift homes constructed from tarpaulin and bamboo, many of which are built on precarious steep hillsides that are extremely vulnerable to mudslides during heavy monsoon rains.

Local disaster management authorities have warned that the risk of further catastrophe remains high, with additional heavy rainfall forecast across the region in the coming days. Officials have already issued urgent warnings for impending landslides and flash floods, and have begun moving high-risk families out of vulnerable slope-side settlements to safer emergency shelters.

A devastating monsoon-driven landslide has claimed the lives of at least five children after crashing into an Islamic school within a sprawling Rohingya refugee camp in southeastern Bangladesh’s Cox’s Bazar district, a senior fire service official has confirmed. The Cox’s Bazar camp complex hosts more than 1 million displaced Rohingya refugees who fled persecution in neighboring Myanmar, making it one of the largest refugee settlements in the world.

Dollar Tripura, local head of Bangladesh’s Fire Service and Civil Defense, stated that the disaster struck mid-lesson, when children were gathered in their classes for the school day. Rescuers managed to pull five injured children out of the debris alive, but the official warned that the death toll is likely to rise, as teams suspect additional people remain trapped and buried under the mud and rubble.

As of Wednesday evening, search and rescue efforts were still ongoing, with crews working through the night to locate possible survivors. This latest tragedy comes just three days after separate rain-induced landslides in the same camp region killed at least eight other people, amplifying concerns about the safety of refugees living in at-risk hilly terrain.

Bangladesh’s national weather office, based in the capital Dhaka, has issued warnings for additional heavy rainfall across the region over the coming days, raising fears of more landslides. In response to the ongoing risks, local authorities have launched an urgent relocation effort to move refugees out of high-risk hilly areas that are prone to mudslides during monsoon season. More than 1,000 refugees have already been moved to safer locations, though officials report that many displaced families remain reluctant to leave their makeshift huts and small plots of land, even after repeated official warnings of the dangers.

For years, Bangladesh has hosted the bulk of the Rohingya refugee population, who fled a 2017 military crackdown in Myanmar’s Rakhine State that the United Nations has labeled ethnic cleansing. The Bangladeshi government has repeatedly called on the international community to support a safe repatriation process for refugees to return to their homeland in Myanmar, but years of negotiations have failed to move the process forward, leaving the repatriation initiative effectively stalled.

Ninety years after American journalist Edgar Snow completed his groundbreaking journey to China’s northern Shaanxi revolutionary base area, scholars, family representatives, and legacy stewards from around the globe gathered at Peking University this Tuesday to reaffirm the enduring global relevance of his work: a commitment to truthful reporting that builds bridges of understanding across deeply divided societies.

Hosted under the theme *Legacy of Edgar Snow: International Symposium on Contemporary Value and Inspiration to the World*, the event drew a diverse cohort of attendees, including members of Snow’s direct family, leadership from the U.S.-based Edgar Snow Memorial Foundation, and Chinese and international researchers who have spent decades studying Snow’s life and impact. Experts from a range of academic and policy fields also joined the conversation to contextualize his work for 21st-century geopolitics.

In 1936, Snow made history as the first Western journalist to secure on-the-ground access to China’s revolutionary base areas, at a time when most of the world had almost no accurate information about the Chinese Communist Party, the Red Army, and the unfolding Chinese revolution. His resulting book, *Red Star Over China*, became the first widely circulated, authoritative account of China’s revolutionary movement for global audiences, shaping how generations of people outside China understood the country’s trajectory.

A personal statement from Snow’s daughter, delivered to symposium attendees by his great-grandnephew Samuel Colin Maclean, outlined the core journalistic principles that guided Snow’s work throughout his career. Snow, she wrote, held firm to the belief that a journalist’s core duty is to witness events firsthand and report what they see freely, independently, and without bias. “When he saw progress, he reported it. When he saw problems, he reported those too,” the statement read, adding that Snow wished to be remembered as two things above all: a loyal friend of the Chinese people, and a truth-seeking reporter dedicated to fostering deeper mutual understanding and peaceful relations between people of all nations.

Sidne Ward, president of the Edgar Snow Memorial Foundation in the United States, framed the symposium as more than a commemorative event—it was an opportunity to reflect on how Snow’s values speak directly to the challenges of today’s interconnected yet fractured world. Ward noted that Snow built his work on four core commitments: curiosity, open dialogue, intentional understanding, and the courage to step into unfamiliar contexts to listen to perspectives that differ from one’s own. Through his unflinching, on-the-ground reporting, she said, Snow helped people on opposite sides of geopolitical divides see each other more clearly.

Ward emphasized that few bilateral relationships carry as much global weight today as the relationship between China and the United States, and that Snow’s legacy is more relevant now than ever. Unlike many historical legacies that are tied to a single institution or nation, she added, Snow’s work is now sustained by a dynamic, global network of researchers and advocates committed to his values.

Rigorous, fact-based reporting, rigorous academic scholarship, and sincere person-to-person connection remain the most effective tools to cut through misunderstanding and build mutual respect, Ward argued. Snow’s greatest contribution to the world, she said, is not just the landmark stories he wrote, but the cross-cultural bridges of understanding he helped build between peoples and communities separated by ideological and geographic divides.

He Guangcai, secretary of the Communist Party of China Peking University Committee, echoed that framing, noting that when Snow traveled to northern Shaanxi in 1936, the outside world operated with profound misinformation and limited knowledge of the Chinese Communist Party. Snow broke through information blockades to get to the ground and report what he actually saw, He said.

Through his firsthand writing and original photojournalism, Snow accurately recorded the realities of the Chinese revolution and opened a critical window for the global community to understand the Chinese Communist Party, as well as the core ideals and mission of Chinese communists, He added. Looking back at Snow’s full life and career, his legacy offers clear, urgent lessons for today’s world: a non-negotiable commitment to truth, facts, and firsthand observation, paired with a deep humanistic commitment to global peace and equality.

Along with panel discussions and keynote addresses, the symposium also marked two key new initiatives to expand global research into Snow’s legacy: attendees oversaw the release of a new think tank report exploring the contemporary value and global significance of Snow’s work, and formally launched a new global academic research program dedicated to studying Snow’s life and lasting impact.