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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
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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, November, 11, 13:00:00
IRAN'S LPG FOR CHINA DOWN
Trader estimates for cargoes loading from Iran bound for China in November generally ranged between seven and 10. Some said the number was lower at six to seven, while one source said it did not exceed nine.
SAUDIS DEBT WILL UP
2019, November, 11, 12:55:00
BALANCING THE GLOBAL ENERGY SYSTEM
“Increased global and regional temperatures patterns, changes in precipitation amounts and seasonal distribution, a sea level rise, and changing characteristics of various extreme events such as increasing frequency, intensity, duration or even spatial extent of heat waves, droughts and storms, are forecast by most global and regional climate models,” said Loreta Stankeviciute, an IAEA energy systems analyst.
SAUDIS DEBT WILL UP
2019, November, 11, 12:50:00
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Energy demand in Africa grows twice as fast as the global average, and Africa’s vast renewables resources and falling technology costs drive double-digit growth in deployment of utility-scale and distributed solar photovoltaics (PV), and other renewables, across the continent.
SAUDIS DEBT WILL UP
2019, November, 11, 12:45:00
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Following a challenging period, the economy is recovering. Non-oil growth could exceed 1 percent in 2019 and pick up to around 3 percent next year, the fastest since 2016, on the back of Expo 2020 and fiscal stimulus. Overall GDP growth would register 2.5 percent in 2020.
SAUDIS DEBT WILL UP
2019, November, 11, 12:40:00
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SAUDIS DEBT WILL UP
2019, November, 8, 11:35:00
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Brent was down 44 cents, or 0.7%, at $61.85 a barrel, WTI was down 50 cents, or 0.9%, at $56.65 a barrel.
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2019, November, 8, 11:25:00
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