S. Arabia’s SNB launches USD-denominated sukuk
The Saudi National Bank (SNB) issued its latest five-year U.S. dollar-denominated senior unsecured sukuk through a…
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Saudi Arabia
Saudi deal flow to increase as wealth fund seeks cash
As the Saudi Arabian sovereign wealth fund seeks to raise capital for its ambitious projects, deal activity is…
China, U.S. spearhead global efforts to replenish low oil stocks
Analysts and traders anticipate that a push to replenish depleted oil stocks in China, the United States, and…
S. Arabia oil production expansion halt due to transition – minister
Saudi Arabia plans to reduce its long-term oil production capacity expansion was due to energy transition, Reuters…
S. Arabia’s industrial production falls by 10.5% in Dec. ’23
Saudi Arabia’s Industrial Production Index (IPI) decreased by 10.5 per cent in December 2023, due to the decline in…
Gulf’s real estate to grow in H1 2024 – Markaz
The Gulf real estate sector will grow in the first half of 2024 due to increasing demand and government policies…
S. Arabia’s overall merchandise exports fall by 15.6% in Nov.
Saudi Arabia's overall merchandise exports declined by 15.6 per cent in November 2023 to 95 billion Saudi riyals,…
S. Arabia’s MMC plans to sell 30% stake in IPO
Saudi Arabia's Modern Mills for Food Products Co. (MMC) intends to sell a 30 per cent stake in an initial public…
Bahrain plans to issue Eurobonds
Bahrain plans to issue a dollar bond with a two-tranche deal: a seven-year Islamic note with a 6.625 per cent…
S. Arabia leaves Arab Light crude price to Asia untouched
S. Arabia kept the price for its flagship Arab Light crude to Asia in March untouched at a level that is more than…
