Strong demand expected for KSA international bond sale
The Kingdom is set to launch its long-awaited first international bond sale on Wednesday.
Jeddah - Arab Today
The Kingdom is set to launch its long-awaited first international bond sale on Wednesday.
The Financial Times reported that bankers connected to the sale had said that initial price guidance for the bond, believed to be between $10 billion and $15 billion, would be released Wednesday.
The bond sale would be the largest international debt issuance in the Middle East and comes as the kingdom attempts to tackle a substantial budget deficit accrued as a result of the low oil price.
The newspaper said that strong demand was expected for the debut bond, quoting one banker as saying: “All going well, they should print later in the week”.
A roadshow to promote the bonds in the US and UK was scheduled to conclude on Tuesday.
Source: Arab News
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon sevenGMT 04:09 2012 Tuesday ,15 May
Climate talks to tackle emissions targets
GMT 10:44 2012 Sunday ,15 July
Bouazizi’s mother in jail!
GMT 09:40 2016 Tuesday ,22 March
Alonso walks away from horror crash in AustraliaGMT 05:43 2011 Wednesday ,05 October
Kenyan Maasai seek to end female circumcision
GMT 18:45 2017 Monday ,27 November
Circus tiger mauls man as he feeds it
GMT 06:50 2013 Thursday ,21 November
Uruguay reach World CupGMT 11:14 2012 Wednesday ,18 July
Malaysian \'smart village\' describedGMT 13:41 2012 Tuesday ,07 February
Madonna announces next world tourGMT 07:29 2012 Tuesday ,31 January
Eutelsat passes 4,000 TV channel markGMT 04:18 2013 Friday ,29 March
The artists, curators, critics and collectors among the curious company at Art Dubai
GMT 16:28 2013 Monday ,15 July
Shark kills 15-year-old girl in Reunion
GMT 19:04 2016 Monday ,14 March
Jordanian king condemns Ankara blast, consoles ErdoganGMT 21:03 2012 Friday ,10 February
Mohammed bin Zayed attends banquet
GMT 05:19 2011 Tuesday ,06 September
BOK expected to freeze key rate for Sept.
GMT 17:44 2014 Tuesday ,20 May
Migrating birds stop off in Cyprus at their peril
GMT 00:46 2017 Saturday ,25 February
Saudi Arabia king eyes investment, skills on rare Asia tourGMT 13:47 2011 Sunday ,31 July
US ready for Jamaica challenge in 2014 W.Cup qualifier
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor