The Saudi Fund for Development (SFD), represented by its CEO Sultan Abdulrahman Al-Marshad, signed today in Islamabad a development agreement with the fraternal Islamic Republic of Pakistan to finance the Mohmand Hydropower Dam Project through a soft development loan provided by the Kingdom
Saudi Arabia signed a USD 240 million loan agreement with Pakistan on Friday to support the Mohmand Multipurpose Dam Project, according to a statement issued by the Ministry of Economic Affairs of Pakistan, Dawn reported. Mohmand Multipurpose Dam Project is a major hydropower complex that wi
Pakistan, which is facing a severe cash crunch, has found a ray of hope in Saudi Arabia as Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud has directed officials to study augmenting the Kingdom's investments to reach USD 10 billion.
Islamabad [Pakistan], October 27 (ANI): Saudi Arabia has said it is depositing USD 3 billion in Pakistan's central bank to help the cash strapped country with the foreign reserves.