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Searched Tag: saudi arabia extends 3 bn loan to pakistan
Pakistan PM Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman embrace after signing the agreement on September 17.

Pak-Saudi defence deal springs out of US unreliability

September 19, 2025, 01:46 PM - 6 min read

The US under President Trump is practically backing out of all its military commitments, including NATO. Israel is the only country that Trump has not let down so far. The defence pact between Saudi Arabia and Pakistan is clearly aimed as a counter to Israel, a permanent US ally.

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Saudi Arabia extends $3 bn loan to Pakistan for another year

Saudi Arabia extends $3 bn loan to Pakistan for another year

December 6, 2024, 10:29 PM - 4 min read

Saudi Arabia has extended the USD 3 billion debt repayment period with Pakistan for another year after the cash-strapped nation could not pay the debt, the country's central bank has said. The term of the deposit was maturing on Thursday.

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