Tags
Skyscrapers stand in the King Abdullah financial district in Riyadh on January 9. The Saudi Arabian government has told local banks that it will sell them 20bn riyals ($5.3bn) of three-, five- and seven-year bonds, with floating as well as fixed rates, the Maaal financial website quoted sources as saying yesterday, according to Bloomberg. Allocations of the bonds will be made today, Maaal said. The government has been selling 20bn riyals of bonds every month since last August to cover a budget deficit created by low oil prices. Among the new fixed-rate bonds, the three-year tranche will be priced at 55-60 basis points over US Treasuries, the five-year tranche at 61-66 bps over and the seven-year tranche at 72-77 bps over, Maaal said.
There are no comments.
SPORT Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.
TECHNOLOGY Some 60mn primary-school-age children have no access to formal education
CULTURE Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions
ARABIA The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged
ARABIA Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.
ARABIA The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.
ECONOMY Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.
