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FINANCIAL NEWS
Saudi- Almarai plans to sell USD500m worth of sukuk
08 May 2013
(MENAFN) Saudi Almarai company chief financial officer, Paul Louis Gay, announced that the company plans to sell USD500 million of its international sukuk, reported Arabian Business.
The dairy producer aims to invest up to USD800 million per year in new factories and farms.
Many companies are moving away from loans and traditional financing methods, to more diversified investment options such as bonds
It’s worth noting that the Saudi Electricity Co oversubscribed its bonds issuance at higher rates.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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