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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Saudi Aramco plans to offer "instruments" to sell two billion dollars

    Rocky
    Rocky
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    Posts : 268059
    Join date : 2012-12-21

    Saudi Aramco plans to offer "instruments" to sell two billion dollars Empty Saudi Aramco plans to offer "instruments" to sell two billion dollars

    Post by Rocky Wed 22 Mar 2017, 3:56 am

    Saudi Aramco plans to offer "instruments" to sell two billion dollars

    Date: 22/03/2017 09:32
    Aramco

    Information / Baghdad ..

    It revealed the British newspaper Financial Times, Wednesday, for the determination of Saudi Aramco put "instruments" to sell two billion dollars.

    The newspaper said that the company intends to do so very soon this month in a program to raise funds worth $ 10 billion in the bond market in the local currency, indicating that it is expected that the responsible authorities acknowledge the financial markets in Saudi Arabia this week's sale of Islamic equity bond known as the "instruments".

    The report shows that "the instruments that allow investors access to the income of which is under way, avoiding the principle of usury and interest is banned in Islam."

    And it refers to the newspaper report that this step followed by Saudi Arabia last year launched sovereign bonds worth $ 17.5 billion.

    The Saudi Aramco, the largest energy company in the world, has issued instruments directly before, but this is the first time that poses instruments can be traded freely in the market, and the approval of the financial organization in Saudi Arabia.

    The Saudi government hopes that this will help bridge the fiscal deficit has set a benchmark for future bond issues by government-related or private sector bodies. Finished / 25
    http://almaalomah.info/2017/03/22/economic/141091

      Current date/time is Sun 14 Apr 2024, 11:47 am