Saudi Arabia to study increasing investments in Pakistan to $10 billion 

Prince Mohammed’s directives come to affirm the Kingdom's position in supporting the economy of Pakistan and its people. (SPA)
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Updated 10 January 2023
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Saudi Arabia to study increasing investments in Pakistan to $10 billion 

  • Crown Prince Mohammed bin Salman also directed the Saudi Fund for Development to study increasing the Saudi deposit to Pakistan’s Central Bank to reach $5 billion

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman has directed to study increasing the Kingdom’s investments in Pakistan to reach $10 billion.
He also directed the Saudi Fund for Development to study increasing the Saudi deposit to Pakistan’s Central Bank to reach $5 billion.
The investments in Pakistan were previously announced in August. The Saudi deposit to the central bank was extended in December.
Prince Mohammed’s directives come to affirm the Kingdom's position in supporting the economy of Pakistan and its people, the Saudi Press Agency said early Tuesday.


Saudi fund deputy CEO receives Guatemalan FM

Updated 6 sec ago
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Saudi fund deputy CEO receives Guatemalan FM

  • The officials discussed opportunities for development cooperation between the Saudi fund and Guatemala

RIYADH: Saudi Fund for Development Deputy CEO Faisal Al-Kahtani received the Minister of Foreign Affairs of Guatemala Carlos Ramiro Martinez Alvarado and his accompanying delegation at the Saudi fund’s headquarters in Riyadh on Sunday. 

During the meeting, they reviewed the fund’s activities in developing countries worldwide, the official account stated in a post on X.

The officials also discussed opportunities for development cooperation between the Saudi fund and Guatemala.