Saudi Aramco's $12 Billion Stock Offer Sells Out in Hours
===============	
#bca0e304 ver:0.08

Saudi Aramco's $12 billion stock offer sells out in hours, reflecting strong demand for new share sales in Saudi Arabia. The government plans to sell more Aramco shares in the future. Meanwhile, Saudi Arabia's budget deficit reaches $9.5 billion due to a decline in oil and non-oil income. In contrast, Russia's budget deficit narrows to 1% of GDP, aided by higher oil prices. Jordan's draft 2024 budget focuses on economic modernization, with no new taxes imposed. Aramco will pay $31 billion in dividends to fund Saudi Arabia's spending plans. The country needs oil prices around $108/barrel to balance the budget. #SaudiAramco #SaudiArabia #Russia #Jordan #oilprices...

#newstr #SaudiAramco #StockOffer #Ipo #Investment #SaudiArabia 

 https://here.news/story/bca0e304?ver=0.08