by Shuja Al-Baqmi | May 10, 2017 | Business
Riyadh – Saudi ACWA Power confirmed that it targets effective participation in achieving Saudi Vision 2030 through activating the role of the private sector at a time the Kingdom is heading toward increasing the volume of privatization programs and amid...
by Fatah Al-Rahman Youssef | Apr 14, 2017 | Business
Riyadh- Saudi Arabia’s success in issuing its first internationally offered bonds, which touched a dashing excess demand of $ 33 billion, is proof that the Kingdom is on track to become the “benchmark” for emerging markets, with the expectations that...
by Wael Mahdi | Mar 22, 2017 | Business
Khobar- Saudi Arabian Oil Co., Aramco, is seeking to issue USD2 billion worth debut Islamic bond sale, the first step of a plan to tap markets for $10 billion, said sources. Aramco will sell riyal-denominated Islamic bonds, or sukuk — the sukuk may be privately...
by Shuja Al-Baqmi | Oct 30, 2016 | Business
Riyadh- Hamood bin Sangour Al-Zadjali Director of the Central Bank of Oman made a statement saying that a common Gulf currency has become indisputable and it is only a matter of time before its realization. Oman is not one of the countries pushing for a common...
by Shuja Al-Baqmi | Oct 26, 2016 | Business
Riyadh- The Gulf ministers of finance and governors of central banks will convene with the International Monetary Fund (IMF) Chief in Riyadh Wednesday evening to discuss latest developments in the international economy and the effect on the region. This step will...
