🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Stocks

Iraqi Shi'ite leader visits UAE, strengthening ties with Sunni states

Published 08/13/2017, 10:52 AM
Updated 08/13/2017, 11:00 AM
© Reuters. FILE PHOTO - Iraqi Shi'ite cleric Moqtada al-Sadr speaks during a protest against corruption and informs his followers about his will at Tahrir Square in Baghdad

ERBIL, Iraq, (Reuters) - An influential Iraqi Shi'ite cleric plans to visit the United Arab Emirates on Sunday, strengthening his ties with Sunni-ruled states of the Middle East.

It will be the second such trip in as many months for Moqtada al-Sadr, who commands a large following among Iraq's urban poor. He visited Saudi Arabia at the end of July.

The Emirati government will send a special plane to fly Sadr to the UAE and return him to Iraq, according to a statement on the cleric's website.

The cleric is one of few Iraqi Shi'ite leaders to keep some distance from Shi'ite Iran, Saudi Arabia's regional rival and the main backer of Syrian President Bashar al-Assad. In April, Sadr called on Assad to "take a historic heroic decision" and step down, to spare his country further bloodshed.

Sadr's office said his meetings end July with the Saudi crown prince, Mohammed bin Salman, resulted in an agreement to study possible investments in Shi'ite regions of southern Iraq. The Saudis will also consider the possibility of opening a consulate in Iraq's holy Shi'ite city of Najaf, he said.

Sadr also announced a Saudi decision to donate $10 million to help Iraqis displaced by the war on Islamic State in Iraq, to be paid to the Iraqi government.

Baghdad and Riyadh had announced in June they would set up a coordination council to upgrade ties, as part of an attempt to heal troubled relations between the Arab neighbors.

© Reuters. FILE PHOTO - Iraqi Shi'ite cleric Moqtada al-Sadr speaks during a protest against corruption and informs his followers about his will at Tahrir Square in Baghdad

Saudi Arabia reopened its embassy in Baghdad in 2015 following a 25-year break, and Saudi Foreign Minister Adel al-Jubeir made a rare visit to Baghdad in February.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.