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Oman s economy surges with higher oil prices, fiscal reform - Al-Monitor: Independent, trusted coverage of the Middle East

The Omani economy is benefiting from both higher oil and gas revenues and the country’s fiscal policies and discipline.

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Saudi Arabia returns to dollar-debt market to boost finances

Saudi Arabia returns to dollar-debt market to boost finances 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP Saudi Arabia returns to dollar-debt market to boost finances The price of Brent crude is still below what most of the region’s economies need to balance their budgets January 27, 2021 Saudi Arabia sold a two-part dollar bond as countries in the Gulf Arab region raise cash buffers to weather low oil prices and the coronavirus pandemic. The world’s largest crude exporter priced $5bn in bonds on Tuesday, according to a person familiar with the matter, who asked not to be named.

New yorkUnited statesSaudi arabiaUnited arab emiratesAngad rajpalMorgan stanleyJpmorgan chase coGoldman sachsGulf arabPrince mohammed bin salmanStandard charteredபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்சவுதி அரேபியாஒன்றுபட்டது அரபு அமீரகங்கள்அங்கட் ராஜ்பால்

Saudi Arabia Returns to Dollar-Debt Market to Boost Finances

Saudi Arabia Returns to Dollar-Debt Market to Boost Finances Bloomberg 1/26/2021 Archana Narayanan, Farah Elbahrawy and Sydney Maki © Photographer: Maya Anwar/Bloomberg Skyscrapers stand in the King Abdullah Financial District (KAFD) beyond an empty parking lot in Riyadh, Saudi Arabia, on Tuesday, July 28, 2020. (Bloomberg) Saudi Arabia sold a two-part dollar bond as countries in the Gulf Arab region raise cash buffers to weather low oil prices and the coronavirus pandemic. Popular Searches The world’s largest crude exporter priced $5 billion in bonds on Tuesday, according to a person familiar with the matter, who asked not to be named.The $2.75 billion 12-year notes were priced at 130 basis points over 10-year U.S. Treasuries, compared with guidance of 140 basis points and initial price talk of 165, according to the person familiarThe $2.25 billion 40-year security were priced at 3.45%, versus guidance in the 3.55% area and initial price talk of 3

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