Saudi favours Tunisia with $500m loan


Saudi Arabia Prince Mohammed bin Salman

Saudi Arabia has resolved to lend Tunisia $500 million at a favourable interest rate and will finance two projects worth $140 million in spite of the protest by Tunisians against Saudi.

The package was released a day after the visit of Saudi Crown Prince sparked protests in Tunisia.

Tunisians staged a protest against Saudi Arabia’s Crown Prince, Mohammed bin Salman, denouncing him as a murderer involved in the killing of Saudi journalist Jamal Khashoggi.

The Crown Prince, who faces no overt criticism in his country, received lavish receptions earlier in his tour in visits to Bahrain, the United Arab Emirates and Egypt.

Tunisia’s President, Beji Caid Essebsi received the Crown Prince and awarded him the republic’s medal, the country’s highest official award. The African country has been struggling economically and is dire need of funding.

An advisor to the president, Nourredine Ben Ticha told state television that “Tunisia will…

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