KSA to continue issuing sukuk for financing government projects

Riyadh – Mubasher: Saudi Arabia is planning to continue issuing sukuk for financing government projects, in line with the budget, according to Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan.

In a speech delivered on his behalf by his deputy, Hamad Bin Suleiman Al-Bazai, during the Sukuk Conference, organized by the Capital Market Authority (CMA) and the World Bank, Al-Jadaan said that there is no time frame for the sukuk issuance which was announced by the finance ministry, Alriyadh Newspaper reported on Saturday.

Mubasher Contribution Time: 24-Dec-2016 11:04 (GMT)
Mubasher Last Update Time: 24-Dec-2016 11:04 (GMT)