Energy & industry news

Saudi PIF

Riyadh raises funds for PIF via debt issuance and Aramco share sale

Riyadh has continued to tap a range of sources of finance to support investments in the domestic economy, with Aramco shares worth $11bn being sold and the Public Investment Fund issuing $830m in debt, pushing the PIF’s total debt burden close to $40bn.

Issue 1188 - 12 June 2024

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Gukf

Gulf economies stutter while global activity limps along

Even before the new Gaza war shattered comfortable assumptions about regional security, the global economic climate had been hostile, as shown in analysis of the International Monetary Fund's new reports on the global outlook and regional economic performance.

Issue 1179 - 27 October 2023

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