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Banking/Finance

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.

Saudi Moves Further into FinTech Space with PIF Backing of New Digital Bank Called D360

Money, banking, saudi digital finance.
Saudi Arabia’s Public Investment Fund is investing in the creation of a new digital bank being established in the kingdom with a capital of 1.65 billion riyals ($440 million), according to a report from Bloomberg.
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