Riyadh, Saudi Arabia -- The National Debt Management Center (NDMC) completed the arrangement of a syndicated international loan worth $11 billion. A total of 14 international financial institutions from Asia, the Middle East, Europe, and the US participated in the 10-year loan, NDMC said in a statement Sunday, according to...

Riyadh, Saudi Arabia--The Saudi National Debt Management Center (NDMC) has issued new sukuk worth $9.57 billion under the Local Saudi Sukuk Issuance Program, in addition to an early purchase of more than $9.52 billion. In a statement carried by the Saudi Press Agency (SPA), NDMC outlined that such a step...

The contract is for the Shamal Development marine works.