A liquidity shortage in Saudi Arabia’s banking system that pushed funding costs to record highs this year is temporary and mainly driven by broader market volatility, …
China calls for oil to be traded with yuan at Gulf summit in Saudi Arabia
Chinese President Xi Jinping called on the top oil producing nations to accept oil purchases with the Chinese yuan in a move to boost nation’s currency.
Saudi Arabia and China will align on everything from security to oil, but agree not to interfere on domestic issues
China and Saudi Arabia expressed aligned policies on a range of areas from security to oil in a joint statement Friday, adding they will support each other while not interfering in each other’s …
Chasing the U.S., China’s Leader Emerges From Diplomatic Isolation
Xi Jinping’s visit to Saudi Arabia highlights Beijing’s renewed bid to compete with Washington after years of preoccupation with the pandemic.
Saudi Arabia Gathers China’s Xi With Arab Leaders in ‘New Era’ of Ties
Chinese President Xi Jinping meets with Arab leaders on Friday at “milestone” summits hosted by Saudi Arabia in a show of strength by Crown Prince Mohammed bin Salman as an aspiring leader of the Middle East and key partner for global powers.
China deepens ties with Saudi Arabia with visit by Xi Jinping
King Salman signed a “comprehensive strategic partnership agreement” with Xi, who received a lavish welcome in a country forging new global partnerships beyond the West.
China’s Xi gets a grand welcome to Saudi Arabia and promises a ‘new era’ in Chinese-Arab relations
Saudi Arabia’s Crown Prince Mohammed bin Salman welcomed Chinese President Xi Jinping with a lavish reception in the capital Riyadh on Thursday, as the two countries head for a number of summits heralding an “epoch-making milestone” in China’s relations with the Arab world.
Xi Jinping’s grand welcome in Saudi Arabia compared to Joe Biden’s ‘cold fist bump’
Xi Jinping’s grand entry into Saudi Arabia that saw his Air China Boeing 747 flanked by jets of green and white smoke to represent the Gulf country’s flag has been contrasted with the lukewarm welcome …
Saudi Banks’ Liquidity Crunch Temporary, Finance Minister Says
A liquidity shortage in Saudi Arabia’s banking system that pushed funding costs to record highs this year is temporary and mainly driven by broader market volatility, the kingdom’s finance minister …
Pakistan urgently seeks $3 bn from Saudi Arabia after dip in forex reserves
Pakistan has requested Saudi Arabia to urgently provide $3 billion in cash after its foreign exchange reserves fell to a critically low level …