Saudi Aramco Expands Global Reach with U.S. Dollar Bonds Program
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#bca0e304 ver:0.11

Saudi Aramco expands global reach with U.S. dollar bonds program, raising $11.2 billion in stock sale. Demand tops $65 billion, with over half from foreign investors. Saudi Arabia aims to diversify economy under Vision 2030, but faces hefty costs. Aramco's highly anticipated share sale draws significant demand, could raise up to $13 billion. Saudi Arabia plans multi-billion-dollar share sale in Aramco in June. Budget deficit reaches $9.5 billion in Q3 2023, attributed to decline in energy and non-oil income. Russia's budget deficit narrows to 1% of GDP, aided by higher oil prices. Jordan's draft 2024 budget forecasts $17.5 billion in spending, with deficit expected to fall to 2.1% of GDP. Saudi Aramco issues U.S. dollar bonds to bolster financial operations and expand global reach. #SaudiAramco #Vision2030 #oil #economy #budgetdeficit #Russia #Jordan #bonds...

#newstr #SaudiAramco #StockOffer #BudgetDeficits #UsDollarBondsProgram 

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