Saudi Arabia closes February domestic sukuk issuance worth SR3.16bn

RIYADH — The National Debt Management Center (NDMC) at the Saudi Finance Ministry announced on Wednesday the closure of the February 2021 issuance of the government sukuk (Islamic bonds) program.The issuance size of the sukuk program was set at SR 3.160 billion, the NDMC said.According to the NDMC, the sukuk issuances were divided into two […]

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Energy Minister: It is too early to declare victory over coronavirus

Saudi Gazette reportRIYADH — Minister of Energy Prince Abdulaziz Bin Salman emphasized that it is too early to declare victory over coronavirus and hence oil producers must continue to exercise utmost caution.“We are in a much better position than we were a year ago, but there is a lot of ambiguity and we have to […]

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‘Historic reforms to empower women have put Saudi Arabia on top of global list’

Saudi Gazette reportNEW YORK — The giant leaps that Saudi Arabia has recently made and continues to make while implementing historic reforms have put the Kingdom on top of the list of 190 countries that are most advanced and reformed in the areas of empowering women and strengthening their role in building society, the United […]

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Saudi Arabia soon to have branches of prestigious foreign universities

Saudi Gazette reportRIYADH — The Ministry of Education is currently working on a plan to attract prestigious foreign universities to open their branches in the Kingdom. This is in accordance with the directives aimed at taking advantage of the courses of the premier international universities by young Saudi men and women.This comes within the framework […]

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