Riyadh city
Saudi Arabia is in talks to borrow up to $10 billion (equivalent to SAR 37.5 billion), Bloomberg reported. 
According to the agency, the Saudi Ministry of Finance is negotiating with several banks, including major Wall Street institutions, to secure the loan.
However, no final decision has been made by the Kingdom. It may choose not to proceed with the loan if it does not receive favorable pricing or if market conditions are not suitable, the report said.
Riyadh city
Saudi Arabia is in talks to borrow up to $10 billion (equivalent to SAR 37.5 billion), Bloomberg reported.
According to the agency, the Saudi Ministry of Finance is negotiating with several banks, including major Wall Street institutions, to secure the loan.
However, no final decision has been made by the Kingdom. It may choose not to proceed with the loan if it does not receive favorable pricing or if market conditions are not suitable, the report said.
