Saudi Arabia on Friday extended the term of a $3 billion deposit it made to Pakistan’s foreign reserves, state news agency SPA and Pakistan’s central bank said. Saudi Arabia deposited the money in …
Saudi Arabia extends $3 bln deposit term to cash-strapped Pakistan
Saudi Arabia on Friday extended the term of a $3 billion deposit it made to Pakistan’s foreign reserves, state news agency SPA and Pakistan’s central bank said. Saudi Arabia deposited the money in …
Saudi Arabia extends term of $3bn deposit: SBP
The SFD extended the term for the deposit provided by the Kingdom of Saudi Arabia in the amount of $3 billion to the SBP,” read an SBP statement. The extension of the $3 billion deposit is considered …
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.68%
Saudi Arabia stocks were lower after the close on Thursday, as losses in the Energy & Utilities, Financial Services and Media & Publishing sectors led shares lower. At the close in Saudi Arabia, the …
Saudi Arabia Residential AC Market Size to Have $917.8 Million by 2030, Says P&S Intelligence
In 2021, the Saudi Arabian residential AC market accounted for a size of $521.6 million, and it is expected to grow at a 6.5% CAGR between …
Careem marks Pakistan as largest ride-hailer
The countries with the highest number of rides recorded are Pakistan at 299 million – with a population of around 214 million, Saudi Arabia’s rides were recorded at 242 million – with a population of …
Saudi Arabia has plans to overtake UAE as regional finance powerhouse: Expert
The rising oil prices backed sound domestic economy will be another major factor aiding hastening the country’s transition to a global financial hub Saudi Arabia has plans to overtake UAE as regional …
Nestlé to invest SAR 7bn in Saudi Arabia over ten years
Nestlé will invest SAR 7 billion (approx. $1.86 billion) in Saudi Arabia in the next ten years to support business growth. It will begin with an investment of up to SAR 375 million (approx. $99.8 …
Arab Monetary Fund To Provide $1 Billion To Support Yemen’s Economic Reform
The Arab Monetary Fund has signed a $1 billion agreement to support Yemen’s economic reform program under the sponsorship of Saudi Arabia. The program focuses on a reform package “aimed at …
Saudi Arabia’s Dar Al Arkan, ROSHN to develop exclusive residential villas
More than 30,000 homes will be built, intended to bring a new way of sustainable, integrated living to the Kingdom’s capital Saudi Arabia’s Dar Al Arkan, ROSHN to develop exclusive residential villas …