Saudi Arabia looking to raise funds

Saudi Arabia could raise up to 20 billion riyals ($5.3 billion) from bonds on Monday, opening its sale to commercial banks for the first time since it returned to the debt market last month to fill a budget gap caused by falling global oil prices.

Saudi Arabia: the country could look to sell bonds to fill a budget gap caused by lower oil prices
Saudi Arabia: the country could look to sell bonds to fill a budget gap caused by lower oil prices
Published 10 August 2015, 05:49Updated 10 August 2015, 05:49
Middle East