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The U.S. Embassy in Saudi Arabia was hit by a drone, and Trump stated that retaliation will be announced soon, without the need to deploy ground troops

The President of the United States, Donald Trump, stated that in response to the drone attack on the U.S. Embassy in Riyadh, Saudi Arabia, and the casualties of U.S. personnel in related conflicts with Iran, retaliatory measures from the U.S. will be announced soon. He also mentioned that there is no need for the U.S. to send ground troops to Iran.The Saudi Ministry of Defense reported on social media that preliminary assessments indicate that two drones struck the U.S. Embassy facilities in Riyadh, causing a small fire and some material damage. Several informed sources stated that the incident occurred early Tuesday morning, and there were no personnel present in the embassy at the time, with no reports of casualties. Black smoke rose over the diplomatic area of Riyadh. The embassy subsequently issued a "shelter in place" notice to American citizens in Riyadh, Jeddah, and Dhahran.Marco Rubio stated at a press conference that the U.S. is facing an "imminent threat," claiming that the U.S. is aware of Israel's plans to take action against Iran and anticipates that Iran may retaliate by attacking U.S. targets. Mike Johnson, after receiving a confidential briefing, stated that the U.S. is advancing a "limited scope, limited target, but absolutely necessary for defense" operation, and it is expected to conclude soon.In addition, U.S. and Israeli airstrike operations against Iran continue to expand, with Israel targeting Hezbollah positions within Lebanon, while Iran continues to launch missile and drone attacks against Gulf countries hosting U.S. troops.

Ripple collaborates with the innovation department of Riyadh Bank in Saudi Arabia to explore blockchain payment and custody applications

Ripple announced a partnership with Riyad Bank's innovation department, Jeel, a major financial institution in Saudi Arabia. The two parties will collaborate through a Memorandum of Understanding (MoU) to jointly explore the application scenarios of blockchain technology in the Saudi financial system. The focus of the cooperation includes cross-border payments, digital asset custody, and asset tokenization, with the related exploration aimed at supporting Saudi Arabia's "Vision 2030," modernizing financial infrastructure, and reducing reliance on the oil economy.Reece Merrick, Managing Director of Ripple Middle East and Africa, stated that this partnership reflects the institutional-level interest of large financial institutions in Saudi Arabia in blockchain infrastructure. Riyad Bank is one of the largest banks in Saudi Arabia, with assets exceeding $130 billion by mid-2025, playing a significant role in the national financial system.At the same time, the Middle East is gradually becoming an important market for digital asset innovation, with the UAE leading in regulatory clarity and institutional participation. Ripple continues to strengthen its presence in the Middle East, with its institutional-grade stablecoin Ripple USD (RLUSD) having received relevant regulatory approval and being traded on several mainstream platforms.
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