Pakistan has returned $1 billion to Saudi Arabia as a second instalment of a $3 billion soft loan, as Islamabad reaches out to Beijing for a commercial loan to help it offset pressure to repay another $1 billion to Riyadh next month, officials said on Wednesday. Analysts say it is ...
A shipping firm says an explosion has hit a fuel tanker off Saudi Arabia’s Jeddah, a key Red Sea port and distribution center for oil giant Saudi Aramco. The BW Group said in a statement that the ship suffered a blast early Monday after being hit by “an external source”. ...
