Saudi Aramco to offer shares worth over $10 billion
Saudi Aramco is planning on selling shares worth more than $10 billion dollars, with sales potentially transferred to the PIF to finance domestic projects.
Source: newarab.com
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Abu Dhabi returns to debt markets with $5bn bond sale
The emirate of Abu Dhabi is rated "Aa2" by Moody's and "AA" by both S&P and Fitch Ratings
Source: gulfbusiness.com
Saudi Arabia Stake In Aramco: Saudi Arabia doubles sovereign fund's stake in Aramco, ET Auto
Saudi Arabia Stake In Aramco: The stake is worth roughly USD 163.6 billion, according to Aramco's market capitalisation, LSEG data shows.
Source: indiatimes.com
Saudi Arabia posts 2023 budget deficit of $22bn
Saudi Arabia had estimated a deficit of SAR82bn in its December budget statement and the government is forecasting a deficit of SAR79bn in 2024.
Source: gulfbusiness.com