On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher profits.
Pakistan’s PostEx to enter new markets, starting with Saudi Arabia
Pakistani startup PostEx, offering financial and logistics services to online merchants, is set to enter new markets, beginning with Saudi Arabia this year, TechCrunch has exclusively learned. “We …
Pakistan expecting approval for $7 bn IMF loan by September, says finance minister
Pakistan is currently negotiating with Saudi Arabia, the United Arab Emirates, and China to meet the gross financing requirements stipulated under the IMF programme …
Pakistan secures $12 billion debt rollover from China, Saudi Arabia, UAE
To stabilize its economy, Pakistan has secured an agreement with China, Saudi Arabia, and the UAE to roll over $12 billion in debt for one year. This financial lifeline coincides with the anticipated …
Pakistan has one-year debt rollover commitments from key lenders, Bloomberg says
Pakistan has secured commitments from China, Saudi Arabia and the United Arab Emirates to roll over debt for a year, a boost for Karachi as it awaits final approval of a new $7 billion loan programme …
Pakistan Secures Debt Extension Assurances From China, UAE
Pakistan has secured commitments from China, Saudi Arabia and the United Arab Emirates to rollover debt for a year, a boost for the nation as it awaits a final approval for its new $7 billion loan …
Pakistan eyes $7 bln IMF deal as friendly countries agree for loan extension
Pakistan has to pay bilateral loans of 12 billion dollars to friendly countries in this year and now the key demand of IMF has been met as China, Saudi Arabia, and UAE have assured a one-year …
China, Saudi, UAE Agree To Roll Over Pak’s $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan’s $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout …
Amidst massive protests over electricity prices, Pakistan seeks reprofiling of its international debt with China
Pakistan seeks debt reprofiling with China, Saudi Arabia, and UAE to secure IMF bailout, ease energy sector issues.
China Investors’ Newest Craze: Saudi Stocks
Chinese investors are piling into new funds tracking Saudi Arabian equities, a sign of the robust appetite for overseas exposure at a time when home markets are flagging.