Saudi Arabia deposits 5 billion dollars in the Central Bank of Turkey

The Saudi Fund for Development signs an agreement with the Turkish Central Bank

Published in:
Last updated:

Today, Monday, in the Republic of Turkey, the Chairman of the Board of Directors of the Saudi Fund for Development, Ahmed bin Aqil Al-Khatib, signed an agreement in the amount of $ 5 billion as a deposit for the Central Bank of Turkey.

The agreement comes in implementation of the directives of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and Prince Muhammad bin Salman Al Saud, Crown Prince and Prime Minister.

The agreement was signed on the Turkish side by the Governor of the Central Bank of Turkey, Dr. Shihab Kavji Oglu, quoting a statement.

The Kingdom had provided aid and launched an air bridge to help those affected by the earthquake in Turkey and Syria, and signed project contracts for the benefit of those affected by the earthquake in Turkey and Syria, with more than 183 million Saudi riyals ($48.8 million).

Leave a Replay