Latest news and articles about Islamic bonds from NEX English
The National Debt Management Center in Saudi Arabia announced the closure of the May 2026 issuance of local bonds, raising a total of <strong>2.418 billion Saudi Riyals</strong>. This issuance is part of the government's efforts to enhance local financing and meet its increasing financial needs.
Authorities have announced the issuance of new Islamic bonds aimed at enhancing financing in financial markets. This initiative is part of efforts to improve the investment environment and stimulate economic growth.
The Greater Amman Municipality has announced the conversion of its debts, totaling <strong>1 billion dinars</strong>, into Islamic bonds. This strategic move aims to enhance its financial structure and attract investments amidst increasing financial needs.