International News
Saudi Arabia, Iraq sign electric power grids deal
Saudi Arabia and Iraq have signed an electric power grids deal to boost economic cooperation.
The deal was signed between Saudi Energy Minister Prince Abdulaziz bin Salman Al Saud and Iraqi Oil Minister Ihsan Abdul Jabbar on Friday, the Saudi Press Agency reported.
Abdulaziz said that apart from enhancing bilateral economic ties, the signing of the deal will help establish Saudi Arabia as a regional hub for electric power grids and attract investment in the country’s electricity generation projects.
The agreement was signed ahead of Saturday’s Jeddah summit that will be participated by leaders of the Gulf Cooperation Council member states, and leaders from Jordan, Egypt and Iraq, Xinhua news agency reported quoting the Saudi Press Agency.
International News
US intelligence blackout hurt Ukraine: Zelensky

Ukrainian President Volodymyr Zelensky said that the United States temporarily suspended crucial intelligence sharing with Ukraine for three days, leaving its forces without American warnings of Russian ballistic missile attacks during that period.
In an interview with NBC’s Meet the Press, Zelensky also said restrictions on satellite communications used by Ukrainian forces had not been fully lifted, raising fresh questions about Washington’s military and intelligence support for Kyiv.
The Ukrainian leader said the intelligence interruption affected information that only the United States could provide, particularly advance warnings of ballistic missile strikes.
“We didn’t see attacks of Russia using ballistic missiles,” Zelensky said.
He said Ukraine continued receiving intelligence from European governments and other international partners, but their capabilities could not fully replace American systems.
“We have dozens of countries who help. But only United States has this unique intelligence to say, to tell us, to tell our side when Russia uses ballistic missiles,” he said.
“And we didn’t get it during ballistic attacks during three days.”
Zelensky said the intelligence-sharing arrangement had since been restored.
“It was blocked for some period of time. And then it was deblocked by American side. We are very thankful for this. Now it works,” he said.
The disclosure came amid growing tensions between Washington and Kyiv over President Donald Trump’s handling of the war with Russia.
Zelensky also raised concerns about restrictions affecting Starlink, the satellite internet network operated by Elon Musk’s SpaceX, and its military-related services.
Asked whether the interruption had been deliberate, Zelensky said Ukrainian military officials believed the restrictions originated with the American government.
“Of course the message came from government. I don’t know from whom, what cabinet, and etc,” he said.
He added that Ukrainian officials believed SpaceX had technically implemented the restrictions following instructions from Washington.
Zelensky acknowledged that he did not know which American official might have authorised the move.
Asked whether satellite services had been fully restored, he replied: “No, not of course. We have limitation.”
The Ukrainian President’s account was challenged by Treasury Secretary Scott Bessent, who appeared separately on the same programme.
Bessent said Trump and Secretary of State Marco Rubio had denied that anyone in the administration ordered restrictions on Starlink.
“President Trump and Secretary Rubio have categorically said that no one in the Trump administration did that,” Bessent said.
He called Zelensky’s allegation reckless and said he had no information about the reported intelligence interruption.
“Again, I don’t know anything about that, but we’ve been very clear,” Bessent said.
The conflicting accounts left unresolved who was responsible for the communications disruption and why American intelligence sharing had been temporarily interrupted.
Zelensky said Ukraine remained dependent on American military assistance despite its growing network of European partners.
“If it’s without United States’ support, it’s very difficult,” he said.
Russia launched its full-scale invasion of Ukraine in February 2022. Since then, American intelligence, weapons and satellite communications have played an important role in Ukraine’s defence against Russian military operations, including missile and drone attacks.
Business
India-EFTA trade pact opens new opportunities for Norwegian investment across key sectors

India’s strong economic growth trajectory and the implementation of the India-EFTA Trade and Economic Partnership Agreement (TEPA) are creating significant opportunities for Norwegian investors, particularly in manufacturing, renewable energy, infrastructure, financial services and the digital economy, according to industry insights.
With GDP growth projected to remain around 6.5 per cent annually through 2030, India is widely expected to become the world’s third-largest economy by the end of the decade, according to EY India report.
Analysts attribute this outlook to strong domestic consumption, rising investments, ongoing infrastructure development and reforms aimed at improving the ease of doing business.
The India-EFTA TEPA, which came into effect in October 2025, is being viewed as a major milestone in India-Norway economic relations.
The agreement seeks to promote trade liberalisation, facilitate investment flows and deepen cooperation in areas such as innovation, sustainability and advanced technologies.
The pact includes investment commitments of $100 billion over 15 years and is expected to support the creation of one million direct jobs in India, aligning with the country’s broader goals of expanding manufacturing capacity and strengthening its position in global value chains.
Industry experts believe the agreement creates a strong framework for Norwegian companies to expand their presence in India by combining Norway’s expertise in technology, sustainability and capital-intensive industries with India’s large market and growth ambitions.
Several sectors have been identified as priority areas for collaboration, including manufacturing, renewable energy, oil and gas, maritime services, seafood processing, information and communication technology (ICT), fintech and financial services. These industries are expected to benefit from increasing bilateral cooperation under the TEPA framework.
The rapid expansion of India’s digital economy and digital payments ecosystem is also creating opportunities for Norwegian companies seeking exposure to one of the world’s largest and fastest-growing consumer markets.
At the same time, India’s policy measures aimed at attracting foreign investment are expected to provide a supportive environment for long-term investors, as per the report.
International News
Tanker attacked northeast of Saudi Arabia: UKMTO

London, Oct 17: A tanker has reportedly been attacked 78 nautical miles northeast of Al Jubail, Saudi Arabia, the United Kingdom Maritime Trade Operations (UKMTO) said on Saturday.
The master of the tanker reported being attacked by a rocket-propelled grenade from a small boat, resulting in damage to the aft port quarter, according to the UKMTO.
Crew are accounted for and reported safe, and a complete damage assessment and environmental impact are unknown, said the UKMTO.
Earlier this week, Yemen’s Houthi group said that it had launched a large-scale missile and drone attack targeting an airport and oil facilities in Saudi Arabia. It also vowed to continue strikes against Saudi targets in the coming days.
In a statement broadcast by Houthi-run al-Masirah TV, Houthi military spokesperson Yahya Sarea said the group targeted Saudi energy giant Aramco in Dhahran in the Eastern Province, as well as King Khalid International Airport and an Aramco refinery in Riyadh.
According to Sarea, the operation involved “a large number of ballistic and cruise missiles and drones,” which accurately hit their targets, causing damage and fires.
The Houthi spokesperson said the operation was carried out in retaliation for Saudi Arabia-led strikes on the Houthi-held capital of Sanaa and other areas under the group’s control. He said Saudi-led forces had carried out 2,281 air and missile strikes since the latest escalation began, Xinhua news agency reported.
Sarea vowed that the group’s attacks “deep inside Saudi Arabia” would continue in the coming days, targeting airports and oil facilities. He also renewed a warning to international airlines, civilians and employees to stay away from airports and oil facilities in Saudi Arabia that the group had designated as targets.
The Houthi claim came after the Saudi-led coalition in Yemen said it intercepted six Houthi missiles and three drones heading towards Saudi Arabia on Tuesday. An Aramco administrative building in Dhahran was targeted Tuesday evening, sparking a limited fire, while debris from two cruise missiles intercepted over Riyadh injured four people and damaged 15 homes, Saudi authorities said Wednesday.
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