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Asharq Al-Awsat

Business

Riyadh - Asharq Al-Awsat

Saudi Ministry Signs Infrastructure Financing Deals Worth $6 Billion

Saudi Arabia Kingdom National Debt

Saudi Arabia signs financing agreements to fund infrastructure projects in 2023 and 2024. (Asharq Al-Awsat)

Saudi Arabia’s finance ministry has signed financing agreements with local banks worth SAR25 billion ($6.65 billion) to fund infrastructure projects due to start in 2023-2024, the National Debt Management Center said on Wednesday.

Saudi Arabia’s planned projects come in line with the ministry’s goal to enable and support strategic infrastructure projects.

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