Saudi
Saudi Aramco sets price guidance for dollar sukuk bonds, term sheet shows
SAUDI Aramco has set the initial price guidance for 5- and 10-year dollar sukuk bonds, according to a term sheet reviewed by Reuters on Wednesday.The mainly state-owned oil company...
Saudi Aramco plans two-tranche US dollar Islamic bonds, term sheet says
STATE oil giant Saudi Aramco is planning a five and 10-year US dollar-denominated sukuk, or Islamic bonds, deal, according to a term sheet reviewed by Reuters on Tuesday (Sep...
Saudi Arabia approves first ETFs tracking Hong Kong-listed equities
SAUDI Arabia has granted approval for its first exchange-traded funds (ETFs) tracking equities listed in Hong Kong on Tuesday (Sep 17), the Capital Market Authority (CMA) said, marking the...
Bahrain offloads stake in key Saudi Arabia oil pipeline to BlackRock
BAHRAIN has sold a minority stake in a key oil pipeline that transports crude from Saudi Arabia to BlackRock as the Gulf’s smallest economy looks to monetise energy assets.Bapco...
IMF warns Saudi oil revenue to fall more sharply this decade
Saudi Arabia’s oil revenue is seen rising to 2026 before declining quicker than previously expected through to the end of the decade, according to the International Monetary Fund. The...
Saudi wealth fund to tap bond markets for fourth time this year
The PIF is also looking to raise a benchmark 2032 green bond at a targeted spread of around 135 basis points above US TreasuriesSaudi Arabia’s sovereign wealth fund is...
Saudi perfume maker’s US$188 million IPO sells out in hours
SAUDI Arabia-based perfume maker Al Majed for Oud received more orders for its initial public offering than shares available in just a few hours after books opened on the...
Saudi fund said to eye Boeing, Airbus jets for new cargo airline
SAUDI Arabia’s sovereign wealth fund is in exploratory talks to line up Boeing and Airbus freighters for a new cargo airline, as it looks to turn the kingdom into...
