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Saudi Arabia targets $2 billion with new Islamic bonds - Dotemirates
2 month 1 week

Saudi Arabia targets $2 billion with new Islamic bonds

DUBAI: Saudi Arabia has started marketing US dollar-denominated sukuk, or Islamic bonds, with the issue expected to be around $2 billion in size, a document showed on Wednesday.It would be the kingdom’s second international sale of sukuk after a $9 billion transaction last year. The exercise completes Saudi Arabia’s external funding requirements for 2018, according to the document.The kingdom, acting through the ministry of finance, started marketing the notes with an initial price guidance of around 145 basis points over mid-swaps.Citi, HSBC and JPMorgan are coordinating the transaction, and are joint lead managers together with BNP Paribas, Mizuho and Samba...


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1 hour 8 minute

Black Friday 2018: Shop it or skip it?

A solid 70 percent of Americans plan to shop on Black Friday this year, according to a recent NerdWallet study conducted by the Harris Poll. But the nature of a day centered around shopping can almost inevitably lead to overspending. Here are three ways to tell whether participating in Black Friday is really right — or actually wrong — for you.Consider what you're buyingBlack Friday, the day after Thanksgiving, is known for long lines, big crowds and low prices. And while the shopping holiday often does deliver unbeatable deals on things like electronics, certain items are cheaper at other times...
1 hour 22 minute

Lack of network planning threatens Australia's renewable electricity future, expert warns

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1 hour 24 minute

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1 hour 28 minute

Essential Energy: Proposed state-wide price increase to cover sewerage plant upgrade

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2 hour 12 minute

Yes, women will achieve full equality in Congress — about the time they’ll ride jet packs to Capitol Hill

A record number of women ran for elected office in 2018, and yet the female lawmakers who will finally, presumably tip the balance to full gender equality in Congress haven’t been born yet. Not even close. The U.S. is at least three generations away from gender balance on Capitol Hill, by some measures, even as women make up 50.8% of the roughly 325 million people counted in the U.S. Census. Torsten Sløk, New York–based chief international economist with Deutsche Bank Securities, charts the recent trend of a growing number of women seeking office, along with the share of women in...
2 hour 37 minute

How much does a float in Macy's Thanksgiving Day Parade cost?

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