News
31 August 2018

Saudi Arabia to seek $11bn in bank loans after Saudi Aramco IPO stalls

In:
Oil & gas
Region:
Middle East & Africa

Saudi Arabia's sovereign wealth fund is primed to choose international banks to lend it $11 billion, filling the hole left by the delayed listing of state energy group Saudi Aramco and providing financing for crown prince Mohammed bin Salman's ambitious economic reforms. The loans will be...

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