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2019-04-01 10:50:00

SAUDIS DEBT WILL UP

SAUDIS DEBT WILL UP

REUTERS - Saudi Arabia plans to issue 118 billion riyals ($31.5 billion) in debt this year to help finance the national budget deficit, the country's Debt Management Office (DMO), part of the ministry of finance, said.

Saudi Arabia has borrowed extensively over the past few years to refill state coffers depleted by a drop in oil prices.

At the end of 2018, it had around $150 billion in outstanding government debt, 54 percent of which was in local currency and the rest denominated…

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Earlier:

SAUDIS DEBT WILL UP
2019, March, 27, 11:50:00
SAUDI'S OIL FOR CHINA UP 28.5%
China's crude oil imports from Saudi Arabia surged 28.5% year on year to 1.56 million b/d in February, surpassing Russia to become the top crude supplier in the month, latest data from the General Administration of Customs showed.
SAUDIS DEBT WILL UP
2019, March, 22, 10:15:00
SAUDI'S OIL WILL DOWN
Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.
SAUDIS DEBT WILL UP
2019, March, 20, 10:00:00
SAUDI ARABIA INVESTMENT $23 BLN
Saudi Arabia said on Tuesday it would spend 86 billion riyals ($23 billion) to boost the quality of life in the capital Riyadh, increasing green space and recreational areas and installing 1,000 works of art across the city.
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Tags: SAUDI, ARABIA, FINANCE, DEBT
Chronicle:
SAUDIS DEBT WILL UP
2019, September, 11, 11:25:00
DUTCH GRONINGEN GAS DOWN 6%
Dutch Groningen gas production in August was down 6% on the year but up 6% from to 1.26 Bcm, according to data from operator NAM.
SAUDIS DEBT WILL UP
2019, September, 10, 18:05:00
OIL PRICE:ABOVE $63
Brent was up 67 cents or 1.07% at $63.26 a barrel, WTI were up 63 cents, or 1.09%, at $58.48 a barrel.
SAUDIS DEBT WILL UP
2019, September, 10, 17:45:00
ENERGY NEED INVESTMENT $11 TLN
The chief executive of the Abu Dhabi National Oil Company (ADNOC) said that the long-term outlook for global energy demand was “robust” and that investment of $11 trillion in oil and gas was needed to keep up with projected demand.
SAUDIS DEBT WILL UP
2019, September, 10, 17:40:00
CHINA'S GAS IMPORTS UP 10%
Over January-August, China imported a total of 63.04 million mt, or 86.93 Bcm of natural gas, up 10.3% from 57.15 million mt, or 78.81 Bcm, during the same period last year, according to the customs data.
SAUDIS DEBT WILL UP
2019, September, 10, 17:35:00
U.S., IRAN SANCTIONS FOREVER
The United States will continue to impose sanctions on whoever purchases Iran’s oil or conducts business with Iran’s Revolutionary Guards and no oil waivers will be re-issued, a U.S. official said on Sunday.
SAUDIS DEBT WILL UP
2019, September, 10, 17:30:00
SOLUTION: NUCLEAR ENERGY
"Energy is essential for promoting human development and global demand is projected to increase significantly in the coming decades," Rising said. "Securing access to modern and affordable energy is essential for all, lifting people out of poverty and promoting energy independence and economic growth. Nuclear energy is a proven solution with a long established track record.
SAUDIS DEBT WILL UP
2019, September, 10, 17:28:00
EURO CLIMATE CHANGE 2019
Longdom is a renowned organization that organizes highly notable conferences throughout the globe. Currently we are bringing forth Challenges in Global Climate Change (Euro Climate Change 2019) scheduled to be held during November 18-19, 2019 Rome, Italy. The conference invites all the participants across the globe to attend and share their insights and convey recent developments in the field of Climate change.
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