Sectors

Banking/Finance

BANKING AND FINANCE

Financial Sector Development Program: Delivery Plan 2020

Saudi Arabia’s first international debt issuance since 1991 was oversubscribed, a good sign for the Kingdom's intentions to build a borrowing profile.
A recently released report from Jadwa Investment shines light on the Saudi Arabia's Financial Sector Development Program (FSDP), which was announced in April of this year.

DEBT CAPITAL

Saudi, Qatar Bond Issues Get Cozy; Both Oversubscribed

Saudi Arabia's Deputy Crown Prince Mohammed bin Salman and Qatar's Sheikh Tamim bin Hamad Al Thani.
Saudi Arabia beat out regional rival Qatar's first bond issuance since the Gulf crisis began with its own "surprise" $11 billion raise, which drew $52 billion of orders this week, according to reports.
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