Company Insights Saudi Fund for Development Banking and Finance Saudi Fund for Development News Banking and Finance Saudi and Pakistan may sign $2bn deposit deal after Eid Pakistan is likely to sign a deal for additional deposits of $2 billion from Saudi Arabia after Eid Al-Fitr, a local media report said. The State Bank of Pakistan is expected to sign a deal with the Saudi Fund for Development (SFD) soon after Eid, The News media outlet said, citing a top government official. […] April 23, 2023 Banking and Finance Saudi fund loans $240m for Pakistan’s hydropower dam State-owned Saudi Fund for Development (SFD) has signed a $240 million loan agreement to support the Mohmand dam project, a hydropower complex in north-west Pakistan. The dam will contribute to Pakistan’s energy security, increase sustainable water supply for agriculture and human consumption, and improve flood resilience, the SFD said. Co-financed by the SFD, the Organisation […] April 9, 2023 Banking and Finance Saudi deposits $5bn in Turkey’s central bank Saudi Arabia has made a $5 billion deposit into the central bank of Turkey to support its economy. The deposit, first pledged in November, comes after the devastating impact of last month’s earthquake. It was made on Monday through the Saudi Fund for Development (SFD) and will “contribute to bolstering the Turkish economy by addressing […] March 6, 2023 Development Saudi foreign minister signs $400m aid deal with Ukraine Saudi Arabia and Ukraine signed aid deals worth $400 million during a surprise visit to Kyiv by Saudi Arabia’s foreign minister Prince Faisal bin Farhan on Sunday. The memorandum of understanding includes the financing of oil derivatives worth $300 million as a grant submitted by the government of Saudi Arabia through the Saudi Fund for […] February 27, 2023 Posts navigation Previous 1 2 3
Banking and Finance Saudi and Pakistan may sign $2bn deposit deal after Eid Pakistan is likely to sign a deal for additional deposits of $2 billion from Saudi Arabia after Eid Al-Fitr, a local media report said. The State Bank of Pakistan is expected to sign a deal with the Saudi Fund for Development (SFD) soon after Eid, The News media outlet said, citing a top government official. […] April 23, 2023
Banking and Finance Saudi fund loans $240m for Pakistan’s hydropower dam State-owned Saudi Fund for Development (SFD) has signed a $240 million loan agreement to support the Mohmand dam project, a hydropower complex in north-west Pakistan. The dam will contribute to Pakistan’s energy security, increase sustainable water supply for agriculture and human consumption, and improve flood resilience, the SFD said. Co-financed by the SFD, the Organisation […] April 9, 2023
Banking and Finance Saudi deposits $5bn in Turkey’s central bank Saudi Arabia has made a $5 billion deposit into the central bank of Turkey to support its economy. The deposit, first pledged in November, comes after the devastating impact of last month’s earthquake. It was made on Monday through the Saudi Fund for Development (SFD) and will “contribute to bolstering the Turkish economy by addressing […] March 6, 2023
Development Saudi foreign minister signs $400m aid deal with Ukraine Saudi Arabia and Ukraine signed aid deals worth $400 million during a surprise visit to Kyiv by Saudi Arabia’s foreign minister Prince Faisal bin Farhan on Sunday. The memorandum of understanding includes the financing of oil derivatives worth $300 million as a grant submitted by the government of Saudi Arabia through the Saudi Fund for […] February 27, 2023
