A Saudi flight carrying 258 Pakistanis deported from Saudi Arabia reached Multan. Possible criminal records of deported Pakistanis are being scruitinsed upon their arrival. Pakistani nationals …
Blends and Brews to open in Saudi Arabia
Blends & Brews Coffee Shoppe, the network of UAE-born coffee shops under Thumbay Group’s Hospitality Division, has signed an agreement with Sultan Saad Seed Al Qahtani Trading Est, and announced that …
EU welcomes formation of Yemeni government, praises role of Saudi Arabia
The EU welcomed the formation of a Yemeni government on Saturday and praised Saudi Arabia’s efforts to achieve the Riyadh Agreement. “The announcement of a new Yemeni government within the framework …
Coronavirus: Saudi Arabia imposes fines on gatherings of more than 50 people
Saudi Arabia has clarified that gatherings or invitations of non-family members of more than 50 people in a limited space is a violation of the Kingdom’s coronavirus rules, according to a statement …
Pakistan pays back $1bn to Saudi Arabia, reaches out to China for loan assistance
It also cited a finance ministry official as saying that Pakistan’s central bank was in talks with Chinese commercial banks. The official also said that the option for a debt swap was also on the …
Yemen’s president in exile reshuffles Cabinet to end rift
Yemen’s embattled president in exile in Saudi Arabia has announced a Cabinet reshuffle, a major step toward closing a dangerous rift between his internationally recognized government and southern sepa …
World Bank Staff Manipulated Global Business Rankings—Boosting Saudi Arabia, China—Internal Audit Finds
World Bank staff members were pressured into manipulating data for the bank’s annual ranking of business-friendly countries, an internal audit found Friday, resulting in higher rankings for China and …
Pakistan returns $1bn to Saudi Arabia and turns to China for loan assistance
“China has come to our rescue,” a Pakistani foreign official told Reuters. A finance ministry official said that Pakistan’s central bank was in talks with Chinese commercial banks. He noted that the …
Are Saudi Arabia and Pakistan untying the knot?
Diplomatic relations between the two countries are strained as multiple issues threaten established political alliances in the Gulf region. The row could result in new allies in the Far East.
How Gulf countries compare globally for Islamic finance
Bahrain, the UAE and Saudi Arabia all feature in top 5 of the annual Islamic Finance Development Indicator Bahrain, the UAE and Saudi Arabia have ranked in the world’s top five Islamic finance …