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Saudi Arabia announces $3b deposit with Pakistan central bank

Emirates 24-7
April 20, 2026

Saudi ​Arabia extended ‌a $5 ​billion deposit with Pakistan’s central bank and announced an ⁠additional $3 billion deposit, the Saudi state ‌news agency reported ‌on Thursday.The move comes on ‌the heels ‌of ‌an official visit ​by the Pakistani ‌prime ​minister ⁠to Saudi Arabia ​on ⁠Wednesday and underlines ⁠a deepening relationship ⁠between Riyadh and Islamabad, cemented last year by a mutual ‌defence pact treating aggression against ​either as an attack on both.

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