The Kingdom of Saudi Arabia welcomed the decision of the Executive Boards of the International Monetary Fund (IMF) and the World Bank Group (WBG) to qualify Sudan for debt relief under the Enhanced …
Pakistan inks agreement with Islamic Development Bank
A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank IDB to borrow USD 45 billion to alleviate oil and gas shortag …
Pakistan inks agreement with Islamic Development Bank
A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank IDB to borrow USD 45 billion to alleviate oil and gas shortag …
Cash-strapped Pakistan inks agreement with Saudi Arabia-based bank to borrow USD 4.5 billion
A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank (IDB) to borrow USD 4.5 billion to alleviate oil and gas shortages that are crippling the economy and …
Saudi Arabia’s Contribution of $858 M. Prevents Famine in Yemen: WFP
The United Nations World Food Programme (WFP) highly valued the Kingdom of Saudi Arabia’s latest contribution of $60 million, provided by Riyadh-based King Salman Humanitarian Aid and Relief Center …
OPEC oil alliance at impasse between Saudi Arabia and UAE
The OPEC oil cartel led by Saudi Arabia and other allied producing countries resumed talks Monday amid a standoff with the United Arab Emirates over how much to raise production levels with demand …
OPEC+ Resumes Oil Policy Talks Amid Saudi-UAE Standoff
OPEC+ ministers resume talks on Monday after failing to reach a deal on oil output policy in two days of talks last week amid a rare public standoff between Gulf allies Saudi Arabia and the United …
Analysis: OPEC disagreement lays bare growing UAE-Saudi economic rivalry
Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry between the two largest Arab economies which only looks set to …
OPEC oil alliance in standoff between Saudi Arabia and UAE
The OPEC oil cartel led by Saudi Arabia and other allied producing countries resumed talks Monday amid a standoff with the United Arab Emirates over how much to raise production levels with demand …
Saudi Arabia Plans To Develop New Megacarrier
The Kingdom of Saudi Arabia has been embarking on a modernization process that is aimed at upgrading all the infrastructure in the country to attract tourism and trade flows and develop local …