Thu, Aug 21, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Market Moves more

Saudi $60bln hub to triple traffic

Posted on 06 August 2012

Saudi arabia is spending more than $60 billion on a logistics hub, airport improvement and roads to reduce travel time in the Arab world’s biggest economy. The investments also yielded the largest sukuk, or Islamic bond, offered in the Middle East this year and an initial public offering on the stock exchange in June.
“There is a large infrastructure boom happening in Saudi Arabia,” said Jarmo Kotilaine, chief economist at Jeddah-based National Commercial Bank………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031