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Tag: Saudi Arabia

Posted on May 2, 2022

Pakistan gets $8 billion aid from Saudi Arabia to revive ailing economy

Saudi Arabia has agreed to provide Pakistan with a “sizeable package” of around $8 billion to help the cash-starved country bolster dwindling forex reserves and revive its ailing economy, a media …

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Posted on May 2, 2022

Pakistan, Saudi Arabia to discuss extending term of $3 billion loan

Pakistan welcomed Saudi Arabia’s decision to extend the agreement to finance crude exports and oil derivatives, according to the statement, which didn’t offer details. Sharif, who took office last …

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Posted on May 2, 2022

Saudi Arabia’s economy estimated to grow 9.6% in Q1, driven by oil

May 1 (Reuters) – Saudi Arabia’s economy grew by 9.6% in the first quarter of … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news …

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Posted on May 2, 2022

Pakistan, Saudi Arabia to discuss extending term of $3bn deposit

Saudi Arabia will discuss the option of extending the terms of its $3bn deposit in Pakistan’s central bank to help Islamabad’s faltering economy, according to a joint statement. In recent years, Saudi …

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Posted on May 2, 2022

Pakistan Gets $8 Billion Package From Saudi Arabia Amid Economic Hardships: Report

It will take more than government efforts to promote the language Pakistan has received $8 billion in a “sizeable package” from Saudi Arabia as the country faces dwindling foreign exchange reserves …

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Posted on May 2, 2022

Pakistan, Saudi Arabia to discuss extending term of $3b loan

Pakistan and Saudi Arabia on Sunday said they would discuss extending the term of a $3 billion loan to help Islamabad’s faltering economy. The Gulf nation has long been an intelligence partner of …

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Posted on May 1, 2022

Is it Eid in Pakistan tomorrow? Eid ul Fitr 2022 date now confirmed

Eid dates have been confirmed for Pakistan after worshippers waited for news. After Saudi Arabia was first to announce its Eid ul Fitr date on Saturday, April 30, a number of other nations made their …

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Posted on May 1, 2022

Pak PM hits ‘jackpot’ in maiden visit, secures $8bn package from Saudi Arabia for ailing economy, says report

Photograph:( Reuters ) The PM and his official entourage have left Saudi Arabia. But Finance Minister Miftah Ismail has stayed back to finalise modalities of the financial package Pakistan Prime …

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Posted on May 1, 2022

Cash-strapped Pakistan gets USD 8 billion in financial support from Saudi Arabia

Pakistan has faced growing economic challenges … Prime Minister Sharif and his official entourage have left Saudi Arabia but Minister for Finance Miftah Ismail is still in the Gulf country to …

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Posted on May 1, 2022

Saudia Arabia to provide cash-strapped Pakistan with financial package of USD 8 billion: Report

While PM Sharif has left Saudi Arabia, Pakistan’s finance minister Miftah Ismail has stayed back to finalise the financial package. He tweeted, “Just said goodbye to Prime Minister Shehbaz Sharif and …

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