Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous ...
Still, Fitch noted that Pakistan has made progress in rebuilding its foreign exchange reserves, outperforming targets set by ...
Saudi Arabia remained the largest source of workers' remittances to Pakistan, contributing $728.3 million in January 2025, ...
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, ...
The kingdom has also reoriented its spending from overseas into its domestic market. One indicator of this was that in 2024, ...
The Israeli-backed US proposal to take over Gaza has thrown a curveball into the mix, but investors still nurse hopes of a ...
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 ...
Finance Minister Muhammad Aurangzeb held a meeting with CEO of the Saudi Fund for Development Sultan Abdulrahman Al-Marshad ...
Pakistan and Saudi Arabia have agreed to defer a $1.2 billion payment on Pakistani oil imports, providing relief to Islamabad ...