by Asharq Al-Awsat | Oct 12, 2017 | Business
Riyadh- In a speech at the Saudi Investment Forum hosted by J.P. Morgan in New York on Tuesday, Minister of Finance Mohammed al-Jadaan lauded the Kingdom’s economic policy and its pivotal role in achieving the Saudi Vision 2030 in the light of the remarkable...
by Shuja Al-Baqmi | Sep 20, 2017 | Business
Riyadh- The Saudi Finance Ministry announced on Monday that the third domestic sukuk issuance reached 350 percent in a record rate, while the first issuance was at 297 percent and the second at 300 percent. These figures indicate the solidity of the Saudi financial...
by Shuja Al-Baqmi | Jul 24, 2017 | Business
Riyadh- The Debt Management Office (DMO) announced on Sunday the establishment of the local currency Islamic bonds program, after banks fulfilled requirements that qualify them to participate. Saudi Arabia’s ministry of finance – acting through the Debt...
by Asharq Al-Awsat | May 7, 2017 | Business
Dubai – The Government of Dubai, acting through the Department of Finance (DOF), announced that the $600 million Sukuk Trust Certificates issued on 2 May 2012 under its $5 billion Trust Certificate Issuance Programme, reached maturity on 2 May 2017. Upon...
by Fatah Al-Rahman Youssef | Apr 6, 2017 | Business
Riyadh-The sukuk market is expected to witness prosperity in the current year in which the Saudi government has commenced its first steps in the debut sukuk while Saudi Aramco is raising around $3 billion from its first issuance of sukuk. Relevant banks were assigned...
