Saudi Arabia converts its $300 million deposit with the Central Bank of Mauritania into a soft loan

NOUAKCHOTT, Mauritania, April 18, 2022 /PRNewswire/ — The Kingdom of Saudi Arabia, in implementation of directives by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and HRH the Crown Prince, has transferred its $300 million deposit with the Central Bank of Mauritania into a soft loan, as part of the Kingdom’s ongoing efforts and leadership role in supporting the…