Tag: Saudi Arabia

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Saudi Arabia deposits $5 bln in Turkey’s central bank – statement

Saudi Arabia has signed an agreement with Turkey to deposit $5 billion in the country's central bank through the Saudi Fund for Development (SFD),...

Saudi Arabia to deposit $1 billion in Yemen’s central bank

Saudi Arabia will make a $1 billion deposit in Yemen's Aden-based central bank on Tuesday, Saudi Arabia's state news agency SPA said, as the...

China, U.S. to participate in first meeting of new debt roundtable on 17 February

Officials from China, India, Saudi Arabia and Group of Seven nations will participate in a first virtual meeting of a new sovereign debt roundtable...

Saudi Arabia says tech giants to invest more than $9 billion in kingdom

Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft (MSFT.O) and Oracle Corp (ORCL.N), which are building cloud...

HSBC embarks on Saudi Arabia hiring spree amid deals boom

HSBC (HSBA.L) is hiring dealmakers as "fast as it can" in Saudi Arabia to capitalise on a wave of financing activity in the country, the global...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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