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Saudi Arabia plans to launch second local currency Sukuk issuance next week
Saudi Arabia made its first offer of riyal-denominated sukuk, or Islamic bonds, in late July.
The government, which is raising debt financing to cover a budget deicit caused by lower oil prices, raised 17 billion riyals ($4.53 billion) with the first issuance.
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1:44 CIRA gets Egypt FRA's approval for $38.14mln sukuk issuance
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1:41 Abu Dhabi Islamic Bank – Egypt announced that Kayan for Sustainable Development has submitted an offer to acquire 90% of one of its subsidiaries
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1:39 SODIC and AAIB sign partnership agreement to provide e-payment solutions
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1:21 Saudi Arabia issues nearly $2bln in local sukuk
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0:56 Saudi Arabia raises 5.755 bln riyals in local sukuk –statement
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1:26 Saudi Arabia's NCB raises $1.12bln in sukuk issuance
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Featured
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1:44 CIRA gets Egypt FRA's approval for $38.14mln sukuk issuance
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1:46 Rules for Sharia-compliant transactions announced
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1:27 Arabian Aramco Total partially redeems Sukuk
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1:41 Abu Dhabi Islamic Bank – Egypt announced that Kayan for Sustainable Development has submitted an offer to acquire 90% of one of its subsidiaries
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1:39 SODIC and AAIB sign partnership agreement to provide e-payment solutions
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