Friday, May 30, 2025

international bonds

Saudi Aramco issues $6 billion international bonds

The nominal value (of the instrument/bond) of Saudi Aramco is US$200,000 and integral multiples of US$100,000 in excess of that amount. Saudi Arabian Oil Company announced (Aramco Saudi Arabia), in a statement on the website “Saudi Trading ”Today, Thursday, the...

Saudi Arabia issues international bonds worth $5 billion

The success of the international sukuk issuance is a positive indicator of international investors’ confidence in the Kingdom’s economy and Saudi Arabia’s strategy to diversify sources of financing Today, Wednesday, the National Debt Management Center in Saudi Arabia announced the...

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UAE introduces new service to verify academic degrees of private sector employees

A new digital project launched in the UAE will help verify the academic qualifications of private sector workers, authorities...

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The...

UAE announces Eid Al Adha holidays for public sector employees

Government employees in UAE will get a four-day weekend for Eid Al Adha this year. In a statement issued by the Federal Authority of Human...

UAE residents lost over Dh20 million in rejected Schengen visa applications in 2024

UAE residents hoping to visit Europe “wasted” a whopping Dh20.6 million (€4.93 million) in 2024 due to rejected Schengen visa applications, according to a...

Air Arabia to accept crypto payments for tickets through AE Coin

Air Arabia has become the first airline in the region to offer stablecoin-based payment. The Sharjah-based budget carrier has partnered with Al Maryah Community...