World Business NewsSaudi Aramco share sale exceeds demand, could raise up to $13.1bn
Offering will be a gauge of Riyadh's appeal to foreign investors to overhaul its economy
Jun 3, 2024
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Reuters
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World Business News
World Business NewsChina sets up $47.5bn investment fund to boost its semiconductor industry
Mammoth investment in the chip industry puts into perspective President Xi Jinping's drive to achieve self-sufficiency for China in semiconductors
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World Business NewsSaudi Arabia plans multi-billion-dollar Aramco share sale by June: report
This will be one of the region's biggest stock deals and the offer could raise around $10 billion
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Everything will be done through competitive bidding and and if we win, the stakes will be offset against receivables, says CEO of Pakistan State Oil
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Global lender didn’t specify the dates of the visit, nor the size or duration of the programme
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New facility will be used to support NEOM’s short-term financing requirements
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HeadlinesSBP expected to hold rates in next MPC meeting ahead of IMF deal: poll
Four analysts forecast a 100 bps cut, while two expect a 50 bps cut on Monday's meeting
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South Asian nation is also seeking a new long-term, larger IMF loan
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We will also request additional financing under the Resilience and Sustainability Trust once the loan is agreed, says Muhammad Aurangzeb
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HeadlinesOil prices set to rise as Middle East tension escalates after Iran's attack on Israel
Analysts hold that future oil price trends depend on international retaliation measures
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