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Pakistan’s Mohmand Hydroelectric Dam Project is funded by Saudi Arabia with $240 million.
Pakistan’s Mohmand Hydroelectric Dam Project is funded by Saudi Arabia with $240 million. It was reported that The Saudi Fund for Development (SFD), represented by its CEO Sultan Abdulrahman Al-Marshad, signed a development agreement with the friendly Islamic Republic of Pakistan today in Islamabad to finance the construction of the Mohmand Hydropower Dam Project with…
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Rollover of a $3 billion deposit for a year is confirmed by the Saudi Development Fund: SBP
The Rollover of a $3 billion deposit for a year is confirmed by the Saudi Development Fund: SBP. It was reported that according to a tweet from the SBP, the deposit was made with the central bank as part of its foreign exchange reserves and was due to expire on December 5. The SBP stated…