Saudi Arabia intends to issue around 120 billion riyals ($32 billion) of bonds next year to help finance its deficit, with plans to tap international markets in the first half.
largest oil exporter
budget deficit
Saudi Arabia aims for $32bn in bond sales
Saudi Arabia is considering bond sales in dollars and other currencies
Jamal Khashoggi
OPEC meets as Trump calls for oil taps to be kept on
Oil ministers from 20 or so countries busily criss-crossed the Austrian capital on Wednesday for preparatory negotiations ahead of the two-day meet at the headquarters of the Organization of Petroleum Exporting Countries
Crown Prince Mohammed bin Salman
Saudi in economic growth and jobs push with $100bn-plus downstream projects
Crown Prince Mohammed bin Salman is leading the effort to prepare Saudis for a day when electric cars, solar and wind power and better energy efficiency erode global oil demand
budget deficit
Saudi Arabia said to start $2bn Islamic bond sale
Saudi Arabia has started the sale of dollar-denominated Islamic bonds and is seeking to raise about $2bn
2018 FIFA World Cup
MBS, Putin to discuss oil production on sidelines of World Cup
US President Donald Trump took to Twitter on Wednesday to criticise OPEC
Crude price
Saudi Aramco raises Asia oil pricing to 4-year highs on demand
State-owned Saudi Arabian Oil Co. raised its official selling price for Arab Light crude for July shipment to Asia by 20 cents to $2.10 a barrel more than the Middle East benchmark
Crown Prince Mohammed bin Salman
Saudi contractors are said to still struggle with payment delays
Delays are less severe than in the aftermath of the 2014 oil slump
largest oil exporter
Saudi Arabia suspends longer-term repo pacts no longer needed
Saudi Arabia introduced 7-day and 28-day repurchase agreements in 2016 to deal with liquidity issues
