Saturday, 10th June 2023
<To guardian.ng
Search

Saudi Arabia to raise $9 Billion via Sukuk

By Bloomberg
15 May 2017   |   7:00 am
Fitch Ratings Global Head of Islamic Finance Bashar Al Natoor weighs in on Saudi Arabia's issuance.

Related

19 Mar
The two long-time foes say they will improve their relationship. If they do, the detente could have a major impact on politics in the Middle East.
19 Mar
With film shoots, star-studded festivals and modern studios, the conservative kingdom of Saudi Arabia is sparing no expense to become a land of cinema. Showcasing the wonders of Saudi Arabia on the big screen also helps attract tourists and project a modern image of the country, which is usually better known for its serious attacks on personal freedoms.
23 Mar
The two sides in Yemen's conflict have agreed to free nearly 900 people in a prisoner exchange. That deal comes less than two weeks after Saudi Arabia and Iran re-established diplomatic ties after years of hostility. The two regional powers have backed opposing sides in Yemen's war, and their rapprochement has galvanised efforts to end the conflict. We take a closer look.
5 Apr
Saudi Arabian club Al Hilal has reportedly offered Lionel Messi a mind-boggling contract. Reports claim that their offer to the Argentine World Cup winner is worth $438 million (€400 million) per year. That offer is more than double what his longtime rival Cristiano Ronaldo is earning playing for Al-Nassr.
9 Apr
A Beijing-brokered deal between rivals Iran and Saudi Arabia marks major diplomatic progress which could reshape relations across the region which has witnessed decades of conflict and violence.
16 Apr
The two parties agreed to exchange nearly 900 detainees following a round of talks which aims to revive an expired ceasefire. Saudi Arabia restored diplomatic ties with Iran last month.
20 Apr
Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣
20 Apr
Spanish paper El Pais reveals that Saudi authorities bribed academics around the world in a bid to improve university rankings. There's outrage in Sri Lanka after authorities agree to make debt repayments to China in the form of macaques.
27 Apr
A boatload of civilians from more than 50 countries have arrived in Saudi Arabia from Sudan. Meanwhile, Germany said it had evacuated 700 people from the country.
4 May
Paris St Germain forward Lionel Messi will not have his contract renewed at the club following an unauthorised trip to Saudi Arabia, French sports daily L'Equipe reported on Tuesday.
20 May
The construction of the futuristic green Saudi city of Neom requires the resettlement of tribal people. Those who do not comply with the plans are sentenced to very long prison terms or to death.
29 May
Riyadh and Ottawa said the decision to restore "full" diplomatic ties came after high-level talks in November last year. Ties were severed in 2018 after Canada called on Saudi Arabia to release arrested activists.