Middle Eastern states must boost workforce productivity and ease off state-led fiscal stimulus, as the region looks to move ...
Still, Fitch noted that Pakistan has made progress in rebuilding its foreign exchange reserves, outperforming targets set by ...
Saudi Arabia's foreign reserve assets fell by SAR 10.8 billion, or 1%, month-on-month (MoM) to SAR 1.62 trillion in January, ...
Saudi Arabia affirmed its categorical rejection of remarks by Israeli Prime Minister Benjamin Netanyahu about displacing ...
The Israeli-backed US proposal to take over Gaza has thrown a curveball into the mix, but investors still nurse hopes of a ...
The kingdom has also reoriented its spending from overseas into its domestic market. One indicator of this was that in 2024, ...
Fitch Ratings said Pakistan has continued to make progress in restoring economic stability and rebuilding external buffers, ...
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Pakistan seals $1.2 billion Saudi oil deal
Pakistan and Saudi Arabia on Monday signed a deal for $1.2 billion loan to buy oil on deferred payments, bridging the foreign ...
Saudi Arabia’s non-oil private sector has expanded at its fastest pace in 10 years, driven by record-high demand and an ...
Prime Minister Shehbaz welcomed the signing of the oil import financing facility, the Prime Minister’s Office (PMO) said in a ...
Pakistan has secured a one-year deferment of USD 1.2 billion payment on oil imports from Saudi Arabia, aimed at bolstering ...
Pakistan and Saudi Arabia have agreed to defer a $1.2 billion payment on Pakistani oil imports, providing relief to Islamabad ...