Saudi Arabia ministry signs infrastructure financing deals with banks

Reuters Images

The agreements are to fund infrastructure projects due to start in 2023-2024

Lina Najem, Reuters News

September 14, 2022

PHOTO

RIYADH - Saudi Arabia's finance ministry has signed financing agreements with local banks worth 25 billion riyals ($6.65 billion) to fund infrastructure projects due to start in 2023-2024, the National Debt Management Center said on Wednesday.

(Reporting by Lina Najem; editing by Jason Neely)

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.