NDMC Concludes August 2026 Sukuk Issuance Under Saudi Arabian SAR-Denominated Program

Riyadh: The National Debt Management Center (NDMC) has announced the closure of the August 2026 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The total amount allocated was set at SAR9.518 billion.

According to Saudi Press Agency, the Sukuk issuance was divided into five tranches. The first tranche has a size of SAR1.550 billion maturing in 2031. The second tranche has a size of SAR2.396 billion maturing in 2033. The third tranche has a size of SAR258 million maturing in 2036. The fourth tranche has a size of SAR4.064 billion maturing in 2039. The fifth tranche has a size of SAR1.250 billion maturing in 2041.

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Jeddah to Host Second Round of Saudi Toyota Baja Championship

Jeddah:Jeddah is preparing to host the Jeddah Baja Toyota Rally, the second round of the Saudi Toyota Championship Baja, starting Wednesday, November 11.

According to Saudi Press Agency, the event is held under the supervision of the Saudi Automobil…

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