Arabian Business

Saudi Exchange announces amendments to debt instrument listing rules

The changes aim to create greater depth and liquidity in the overall debt capital market, through boosting investor participation and unlocking the potential for debt issuances. Image: Bloomberg The ...
Zawya

Saudi Electricity to convert $45bln in govt liabilities into perpetual instrument

DUBAI - Saudi Electricity Co said on Monday it has signed an agreement with the government to convert state liabilities worth 167.92 billion riyals ($45 billion) into a subordinated perpetual ...
Zawya

Saudi Arabia registers Semsemiah instrument on UNESCO List of Intangible Cultural Heritage

RIYADH — Saudi Arabia has registered the "Crafting and Playing of the Semsemiah Instrument" on UNESCO's Representative List of Intangible Cultural Heritage. This was announced by Minister of Culture ...
Reuters

Saudi Electricity to convert $45 billion in government liabilities into perpetual instrument

DUBAI (Reuters) - Saudi Electricity Co <5110.SE> said on Monday it has signed an agreement with the government to convert state liabilities worth 167.92 billion riyals ($45 billion) into a ...