Here are a few things you need to know as Saudi stocks start trading on Sunday.
1) Saudi Aramco is planning to tap the international bond market in Q2 2019, energy minister Khalid Al-Falih told Argaam.
2) Saudi Arabia’s Ministry of Finance has raised $7.5 billion (SAR 28.12 billion) from its fourth international bond issuance under the global medium-term note program.
3) Saudi Arabia’s business confidence towards future growth prospects in the coming 12 months improved to the highest in five years, according to the latest survey by Emirates NBD.
4) National Company for Learning and Education (NCLE) has disclosed use of its IPO proceeds until Nov. 30, 2018.
5) Saudi Arabia is expected to have a SAR 221 billion ($59 billion approx.) worth of food industries investments until 2021, an official of the Saudi Arabian General Investment Authority (SAGIA) said.
6) State-owned Saudi Aramco has updated the prices of gasoline for the first quarter of 2019, the oil firm said on its website.
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