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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.

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Every spring, roses bloom in the western Saudi city of Taif, turning pockets of the kingdom’s vast desert landscape a vivid and fragrant pink. In April, they are harvested for the essential oil used to cleanse the outer walls of the sacred Kaaba, the cubic structure in the holy city of Mecca towards which Muslims around the world pray. This year, the harvest falls during the holy fasting month of Ramadan, which observant Muslims devote to prayer and reflection.
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14 Jun 2021
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The pace of reforms is picking up in the Gulf state. A pattern is emerging that seemingly sidelines religion but consolidates political power with Saudi royals.
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9 Aug 2021
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4 Sep 2021
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