Pakistan has sought a $6.7 billion concessional oil financing facility from Saudi Arabia for a period of 15 years, aimed at ...

Pakistan has requested a $6.7 billion concessional oil financing facility from Saudi Arabia to be repaid over 15 years.

Saudi Arabia rerouted oil shipments, maintained resilience despite war disruptions IMF cites strong fundamentals, central bank's proactive steps Escalation of conflict remains a key risk Higher oil ...

RIYADH — ‏Deputy Minister of Finance Abdulmuhsen Alkhalaf attended the 2nd High-Level Strategic Dialogue between Saudi Arabia and the International Monetary Fund (IMF), held in Riyadh on Sunday, with ...

The International Monetary Fund has called on Saudi Arabia to keep public spending under control, even as a partial recovery of oil prices helps the economy emerge from recession. The lender called on ...

The IMF's decision last week to revise Saudi Arabia's GDP for this year down to 2% from its 3.1% forecast in April was probably inevitable given the widespread retrenchment currently underway in the ...

Saudi Arabia rolls over its $3 billion loan to Pakistan, providing crucial financial relief. This comes as Pakistan navigates tough IMF conditions and seeks further aid.

The war and the closure of the Strait of Hormuz cut off a daily supply of 20 million barrels of crude oil. Oil-producing US ...