With the United States on the sidelines, Saudi Arabia and the United Arab Emirates are trying to play a role as mediators.

"Congratulations to both countries on using common sense and great intelligence," US President Donald Trump wrote on his social media platform on Saturday.It 5:

The recent military escalation with arch-rival India won't have a large fiscal impact on Pakistan and can be managed within the current fiscal space, with no need for a new economic assessment, Pakistan's Finance Minister said in an interview with Reuters on Monday.