Pakistan, Saudi Arabia

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 funding gap that was earlier identified by the International Monetary Fund.
Saudi Arabia, Pakistan Sign Financing Agreements on Oil Derivatives, Water Supply
Chief Executive Sultan Al-Marshad and Pakistani Secretary for Ministry of Economic Affairs Dr. Kazim Niaz signed in Islamabad a US$1.2 billion financing agreement for the import of oil derivatives. Pakistani Prime Minister Muhammad Shehbaz Sharif and Saudi Ambassador to Pakistan Nawaf bin Said Al-Malki witnessed the signing of the agreement.
Saudi Arabia defers Pakistan’s oil dues ahead of IMF review
Saudi Arabia has granted Pakistan an oil import financing facility, deferring oil payment of $1.2 billion by one year. The Saudi Fund for Development CEO Sultan Bin Abdul Rehman Al Marshad and Kazim Niaz,
Pakistan signs agreement to defer USD 1.2 billion payment for Saudi oil
Pakistan and Saudi Arabia have signed agreements including a USD 1.2 billion deferred payment for oil imports and a USD 41 million water supply projec
Pakistan, Saudi Arabia Sign $1.2 Billion Oil Import Financing Facility
A delegation of Saudi Fund for Development (SFD), led by Sultan bin Abdul Rahman Al-Marshad, Chief Executive Officer (CEO) called on Prime Minister
Pakistan, SFD sign $1.61b agreements to boost economic cooperation
PM Shehbaz expressed his approval of the Oil Import Financing Facility, which will allow Pakistan to receive oil on deferred payments for one year. He emphasised that this agreement will strengthen Pakistan’s economic resilience by securing a stable petroleum supply while easing fiscal pressures.
Saudi Arabia Defers $1.2B Oil Payment By Pakistan
Pakistan has signed an agreement with the Saudi Fund for Development to defer a $1.2 billion payment on the country's oil imports by one year
Saudi Fund for Development signs $1.2 billion financing agreement with Pakistan for oil imports
The Saudi Fund for Development (SFD) Chief Executive Sultan Al-Marshad and Pakistani Secretary for Ministry of Economic Affairs Dr. Kazim Niaz signed a $1.2 billion financing agreement for the import of oil derivatives.
Pakistan, Saudi Arabia ink two financing agreements worth over $1b
Pakistan and Saudi Fund for Development have signed two financing agreements worth over one billion dollar.These agreements include "Deferred Payment for Oil Import from Saudi Arabia" worth 1.2 billion dollar for one year and "Construction of Gravity Flow Water Supply Scheme" at Mansehra amounting to 41 million dollar.
Pakistan to defer $1.2bn oil payment to Saudi to boost forex reserve ahead of IMF review
Prime Minister Shehbaz welcomed the signing of the oil import financing facility, the Prime Minister’s Office (PMO) said in a ...
Flyadeal Launches Flights To Pakistan
Saudi Arabia's low-cost airline, flyadeal, has officially launched flights to Pakistan, making its debut in the South Asian ...
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Newly launched Saudi airline in Pakistan announces schedule, fares
Saudi budget airline has launched its operations in Pakistan, starting with flights between Riyadh and Karachi.
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Activist Zahack Tanvir arrested in Saudi Arabia for anti-Pakistan posts released, thanks India
Originally from Hyderabad, Tanvir was arrested in December 2023 for social media posts that Saudi officials thought could ...
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Flyadel arrives Pakistan with flights to Karchi
Karachi, PAKISTAN – A traditional water salute and cake-cutting welcome ceremony in Karachi marked the arrival of flyadeal’s ...