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Saudi Arabia Secures $12B In Largest Foreign Debt Borrowing Since 2017
Tuesday, January 9, 2024 - 4:58am | 590Saudi Arabia has issued $12 billion in debt, marking its most significant foreign borrowing since 2017, at a time when emerging-market nations are increasingly investing in bonds. What Happened: The desert kingdom’s borrowing contributes to the nearly $25 billion of bonds that developing...
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Saudi Arabia Ponders Chinese Proposal For Nuclear Plant, Aims To Pressure US
Saturday, August 26, 2023 - 1:17am | 547A potential bid from China to construct a nuclear power plant in Saudi Arabia is reportedly under consideration. What Happened: The move is aimed at exerting pressure on the Joe Biden-administration, pushing them to compromise on their conditions for U.S. assistance in Saudi Arabia’s pursuit...