برچسب Saudi economy

In Aramco IPO pitch, Canada plays up its natural resources expertise

EghtesadOnline: The Toronto Stock Exchange's efforts to win a slice of the massive Saudi Aramco public listing plays up the country's deep experience in natural resources as part of a broader offer to help the kingdom with its shift away from oil dependence.
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Publish Date:28/May/2017 | 04:58

Saudis to Invest at Least 50% of Aramco IPO Proceeds at Home

EghtesadOnline: Saudi Arabia will spend at least half the money it raises by selling shares in the state oil company on domestic investments, Deputy Crown Prince Mohammed bin Salman said in a rare televised address to a nation that’s shown signs of uncertainty over his austerity plans.
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Publish Date:04/May/2017 | 21:00

IMF Sees Saudi Economic Rebound in 2017 as Austerity Eases

EghtesadOnline: The pace of Saudi Arabia’s austerity drive will likely ease in 2017, a senior International Monetary Fund official said, helping the kingdom’s economy recover after a sharp slowdown this year.
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Publish Date:19/October/2016 | 08:33

Saudi Arabia to Start Debut Bond Investor Meetings Oct. 12

EghtesadOnline: Saudi Arabia, undergoing its biggest economic overhaul in recent history, will start meeting investors this week with a view to selling its first international bond, according to people familiar with the matter.
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Publish Date:10/October/2016 | 17:46

Doha Bank CEO Says Saudi Arabia ‘Missed the Boat’ on Bond

EghtesadOnline: Saudi Arabia “missed the boat” by not selling its first international bond earlier to narrow a budget deficit caused by the slump in oil prices, Doha Bank Chief Executive Officer Raghavan Seetharaman said.
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Publish Date:04/October/2016 | 11:54

Saudi Lenders Told to Reschedule Loans of Clients Hit by Cuts

EghtesadOnline: Saudi Arabia’s central bank directed local lenders to reschedule the consumer loans of clients affected by last week’s decision to scrap the bonuses and allowances of many state employees.
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Publish Date:03/October/2016 | 06:12

Saudi Arabia Growth Hits Three-Year Low

EghtesadOnline: Saudi Arabia's economy grew at its slowest rate in more than three years between April and June, government data shows, and some analysts said the figures might be understating the extent of the blow from low oil prices.
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Publish Date:02/October/2016 | 22:33

Saudi Arabia Injects $5.3 Billion Into Banks to Ease Crunch

EghtesadOnline: Saudi Arabia’s central bank stepped up efforts to support lenders in the Arab world’s biggest economy as they grapple with the effects of low oil prices. Banks’ shares advanced.
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Publish Date:26/September/2016 | 08:36

Saudi Economy Shrinks, Showing Task Facing New Crown Prince

EghtesadOnline: Saudi Arabia’s economy shrank by 0.5 percent in the first quarter, illustrating the scale of the challenge facing the country’s new heir as he overhauls an economy still reliant on a struggling oil industry.
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Publish Date:02/July/2017 | 07:22

Britain Offers to Help to Wean Saudi Economy Off Oil Dependency

EghtesadOnline: U.K. Prime Minister Theresa May plans to help Saudi Arabia lower its dependency on oil exports and increase the participation of women in the workforce as the Persian Gulf kingdom seeks to modernize its economy.
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Publish Date:05/April/2017 | 04:52

Saudi Cost Cutting Drive: $20 Billion of Projects May Be Axed

EghtesadOnline: Saudi Arabia is weighing plans to cancel more than $20 billion of projects and slash ministry budgets by a quarter to repair finances squeezed by low oil prices, people familiar with the matter said -- efforts that analysts expect to slow economic growth.
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Publish Date:07/September/2016 | 08:53

Saudi Arabia Sees MSCI Emerging Markets Inclusion by End-2018

EghtesadOnline: Saudi Arabia is on course to join MSCI Inc.’s emerging-markets index in 2018, according to the chairman of the market regulator, after the kingdom gave foreign investors greater access to its almost $400 billion stock exchange.
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Publish Date:06/September/2016 | 08:51