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Saudi Arabia raises 17bn riyals in first local Islamic bond this year
Saudi Arabia raised 17 billion Saudi riyals (Dh16.65bn) from its first local Islamic bond sale this year as the biggest Arab economy seeks funds to bridge a budget deficit amid low oil prices. The government received investor offers in excess of 51bn riyals, more than three times the deal size,…
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Click here to read the full story: The National