Pakistan has returned $1 billion to Saudi Arabia as a second instalment of a $3 billion soft loan, as Islamabad reaches out to Beijing for a commercial loan to help it offset pressure to repay another …
Pakistan refunds $1 billion of Saudi Arabia loan
“China has come to our rescue,” a foreign ministry official told Reuters. READ MORE: Another setback for Pakistan’s faltering Kashmir stance China fills the gap A finance ministry official said …
Gulf Countries to Meet in January, with Qatar Rift in the Spotlight
Kuwait on Thursday announced the Gulf Cooperation Council (GCC) will meet January 5 in Saudi Arabia, which has expressed its willingness to resolve a years-long regional rift with Qatar. Regional …
Kuwait Says Gulf Arab Summit to Be Held Jan. 5 in Saudi Arabia
The next Gulf Arab summit will be held in Saudi Arabia on Jan. 5, Kuwait’s foreign minister said in a statement Thursday. Officials of the six-member Gulf Cooperation Council meet regularly but the …
Bahrain, UAE and Saudi ranked among world’s top five Islamic finance economies
Bahrain, the UAE and Saudi Arabia are ranked among the world’s top five Islamic finance economies in 2020 by the Islamic Finance Development Indicator (IFDI). Bahrain, which has led MENA in all eight …
Pakistan returns $1 billion of Saudi Arabia’s soft loan, officials say
Pakistan has returned $1 billion to Saudi Arabia as a second instalment of a $3 billion soft loan, as Islamabad reaches out to Beijing for a commercial loan to help it offset pressure to repay another …
Qatar, Saudi Arabia chosen to host Asian Games in 2030, 2034
Qatar and Saudi Arabia were chosen Wednesday to host the Asian Games in 2030 and 2034, respectively, sporting officials announced.
Blast at Saudi Port Hits Oil Tanker as Red Sea Attacks Mount
A ship was hit by an explosion at the Saudi Arabian port of Jeddah, as attacks in the Red Sea mount. An “explosive-laden” boat struck a fuel tanker early on Monday morning in what was a “terrorist …
Oman approves Pfizer-BioNTech coronavirus vaccine
Oman will allow the import and use of Pfizer Inc. and BioNTech SE’s Covid-19 vaccine for people over the age of 16, its state-run agency reported on Tuesday. The country joins neighbours Saudi Arabia, …
Saudi Arabia Is Scrubbing Hate Speech from School Books. Why That’s a Win for the Trump Administration
Trump Administration officials say recent changes to Saudi Arabia’s school textbooks are proof the nation is turning a corner on extremism.