Saudi Finance Minister approves SR217 ($57.9) billion borrowing plan for 2026 | World News

Saudi Arabia approves SR217 billion 2026 borrowing plan to fund deficit and debt repayments/Representative Image Saudi Arabia is laying out its financing roadmap for the year ahead. With a sizeable budget deficit forecast and major debt repayments due, the Kingdom has approved a detailed borrowing plan for 2026 that aims to balance funding needs with […]

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UAE developer giant Arada issues 4x oversubscribed $450m bond on Dubai stock exchange with $2b orders | World News

This is Arada’s third Sukuk, bringing its total outstanding Sukuk on Nasdaq Dubai to USD 1.5 billion across three transactions/ Dubai Media Office Nasdaq Dubai welcomed the listing of a USD 450 million Sukuk issued by Arada Developments LLC (“Arada”), a leading UAE-based master developer.Issued under Arada Sukuk 2 Limited’s USD 1 billion Trust Certificate […]

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