Saudi fund to sign $11B loan from world’s biggest banks
Saudi Arabia’s sovereign wealth fund will sign an $11 billion loan this week, marking its first-ever borrowing, according to people ...
Country: Saudi Arabia
Saudi wealth fund bets big to revamp oil-based economy
With the stock market listing of its national oil company stalled, Saudi Arabia is scrambling to boost the coffers of ...
Saudi driving $57 trillion non-OECD infrastructure boom
Non-OECD states are likely to spend a whopping $57 trillion on infrastructure projects over the next 20 years, compared to ...
Saudi Ambassador: Over 20 agreements to be signed with Lebanon after Govt. formation
The Saudi Charge d'Affaires in Lebanon, Walid Al-Bukhari, said on Saturday that more than 20 project agreements have been drafted ...
Iraq says waiting for Saudi response on cooperation in electricity field
The Iraqi Electricity Ministry has said it awaits response from Saudi Arabia regarding several proposals in the electricity field, which ...
Bahrain progresses with talks on Gulf economic program
Bahrain and its Gulf allies are said to be making progress on an economic programme to help the island-kingdom repair ...
Saudi-Iraqi border crossing to boost bilateral trade
Northern Borders Gov. Prince Faisal bin Khalid bin Sultan has said that establishing the Saudi-Iraqi Al-Jadidah Arar border crossing will ...
Saudi Cabinet meets in NEOM, city of the future
Saudi Arabia’s King Salman held his first-ever Cabinet meeting in NEOM, a planned $500 billion futuristic city that will host ...
New energy park ‘to boost Dammam real estate sector’
The development of King Salman Energy Park (Spark), one of the largest investments in Saudi Arabia's Eastern Province, is set ...
Saudi Arabia looks to raise OPEC+ group’s production by 600,000 bpd
Saudi Arabia is pushing a plan to increase the OPEC+ group’s production by about 600,000 barrels a day, according to ...
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