international banks | Egypt Oil & Gas

Riyadh Likely to Boost First Sovereign Loan to $10b

Saudi Arabia has seen substantial demand for its first foreign borrowing in more than a decade, and looks likely to increase the size of the loan up to $10b, up from the initially targeted $8b, banking sources said.

Saudi Aramco Confirms IPO Plans In Privatization Bid

Saudi Aramco has confirmed that it was studying plans to issue Initial Public Offerings (IPOs) in a partial privatization bid of the world’s largest oil company.

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