Pakistan is seeking financial help from Saudi Arabia that will include doubling the current deferred oil payment facility given by Riyadh to $2.4 billion per year, Finance Minister Ishaq Dar said on …
Egypt returns 176 recovered coin artefacts to Iraq, China, Saudi Arabia & Jordan
Egypt returned 176 stolen coin artefacts that were recovered in the country to Iraq, Jordan, Saudi Arabia and China on Monday during a ceremony held at the Egyptian Museum in Tahrir.
China’s looking to reorder global oil trade by transacting with Saudi Arabia in yuan. The move could dampen the dollar’s dominance.
Insider’s Phil Rosen breaks down how China is looking to disrupt the oil trade, and where prices are headed from here as supplies remain tight.
Xi in Saudi Arabia: China Ejecting America From the Middle East | Opinion
Many in America’s foreign policy community—and even some in the Biden administration—are concerned by Biden’s new course.
Bangladesh needs Saudi support fulfilling energy demand: Shahriar Alam
State Minister for foreign affairs Md Shahriar Alam has said Bangladesh needs “brotherly support” from Saudi Arabia to fulfill its energy demands amid global oil crisis due to Russia- Ukraine war. He made the remark while Saudi Arabian Ambassador to Bangladesh Essa Yousef Essa Al Duhailan paid a courtesy call on him at foreign ministry in the capital on Monday,
Pakistani officials say Saudi Arabia will provide multibillion-dollar support package: Report
Package will include deposits boosting foreign reserves and deferred payments on oil, a Pakistani official told Reuters …
Pakistan expects multibillion-dollar support from Saudi Arabia
Pakistan will likely secure a multibillion-dollar financial support package from long-time ally Saudi Arabia this month, two sources said, as the country’s ninth review of a $7 billion IMF bailout ran …
Pakistan hopes to finalise talks with Saudi Arabia on financial help soon
Pakistan is hoping to conclude talks with Saudi Arabia soon on financial help for the South Asian nation, Pakistan’s Finance Minister Ishaq Dar said on Monday. Dar also told a news conference that the …
Saudi Arabia announces online payment guidelines early 2023 for global competition
The proposed policy initiative is expected to create major business opportunities for international banking, card issuers and fintech companies in the Saudi market Saudi Arabia announces online …
China says it’s moving to buy oil and gas in the yuan — a move that could threaten the dollar’s global dominance in the long run
It’s not clear if the Gulf nations are taking up the proposal, but Saudi Arabia has been in talks to use the yuan to settle its energy sales to China.