Saudi Arabia began 2025 on a borrowing binge to finance its massive economic reform plan. Last year, the kingdom was one of the biggest bond issuers among developing markets. On Monday, the kingdom's sovereign wealth fund revealed a 7 billion dollar Islamic loan negotiated with 20 banks. The bonds issued for 12 billion dollars were also unveiled. Watch in for more details!

Saudi Arabia's significant borrowing to support economic transformation plan

The U.N.-led talks hosted by Saudi Arabia have concluded without a deal on addressing global drought issues. Despite intensive discussions, participants were unable to come to a consensus on concrete measures to tackle the growing threat of droughts worldwide. The lack of agreement highlights the challenges in coordinating international efforts to combat climate change and secure water resources for vulnerable regions. The talks, however, served to raise awareness of the urgency of the drought crisis.

Saudi-Hosted U.N. Talks End Without Reaching Drought Deal, Participants Confirm

The U.N.-led talks hosted by Saudi Arabia have concluded without a deal on addressing global drought issues. Despite intensive discussions, participants were unable to come to a consensus on concrete measures to tackle the growing threat of droughts worldwide. The lack of agreement highlights the challenges in coordinating international efforts to combat climate change and secure water resources for vulnerable regions. The talks, however, served to raise awareness of the urgency of the drought crisis.



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Saudi Arabia's significant borrowing to support economic transformation plan

Saudi-Hosted U.N. Talks End Without Reaching Drought Deal, Participants Confirm

Saudi-Hosted U.N. Talks End Without Reaching Drought Deal, Participants Confirm