Saudi Real Estate Refinance Co. plans up to $1.07bn sukuk sale this year RIYADH: Saudi Real Estate Refinance Co. (SRC), modelled on US mortgage finance firm Fannie Mae, aims to issue up to 4 billion riyals ($1.07 billion) of long-term sukuk this year, its chief executive said on Tuesday. The plan by SRC, a subsidiary…
Saudi Real Estate Refinance Co. plans up to $1.07bn sukuk sale this year RIYADH: Saudi Real Estate Refinance Co. (SRC), modelled on US mortgage finance firm Fannie Mae, aims to issue up to 4 billion riyals ($1.07 billion) of long-term sukuk this year, its chief executive said on Tuesday. The plan by SRC, a subsidiary…
Saudi Real Estate Refinance Co. plans up to $1.07bn sukuk sale this year RIYADH: Saudi Real Estate Refinance Co. (SRC), modelled on US mortgage finance firm Fannie Mae, aims to issue up to 4 billion riyals ($1.07 billion) of long-term sukuk this year, its chief executive said on Tuesday. The plan by SRC, a subsidiary…
COLOMBO: The dark wooden coffins, sitting side by side, attested to one family’s unspeakable grief.The Gomez family gathered Tuesday to say a final farewell to five loved ones — a son, a daughter-in-law and three young grandsons — brutally killed as they attended Easter Sunday Mass at Colombo’s St. Joseph’s Shrine.“All family, all generation, is…
COLOMBO: The dark wooden coffins, sitting side by side, attested to one family’s unspeakable grief.The Gomez family gathered Tuesday to say a final farewell to five loved ones — a son, a daughter-in-law and three young grandsons — brutally killed as they attended Easter Sunday Mass at Colombo’s St. Joseph’s Shrine.“All family, all generation, is…
NEW DELHI: Indian-controlled Kashmir observed a shutdown Tuesday over the alleged ill-treatment of a separatist leader and the suspension of border trade with Pakistan. Yasin Malik, chairman of the Jammu and Kashmir Liberation Front (JKLF), was taken into custody as part of a major crackdown following a February attack in Pulwama that killed dozens of Indian…
DUBAI: More than 100 years on, Armenians and experts alike remember the brutal atrocities and forced exodus from what is now Turkey, which left up to 1.5 million Armenians dead. April 24 marks the start, in 1915, of the Armenian Genocide. “Every Armenian is affected by the repeated massacres that occurred in the Ottoman Empire…
DUBAI: More than 100 years on, Armenians and experts alike remember the brutal atrocities and forced exodus from what is now Turkey, which left up to 1.5 million Armenians dead. April 24 marks the start, in 1915, of the Armenian Genocide. “Every Armenian is affected by the repeated massacres that occurred in the Ottoman Empire…
ALGIERS: Algeria’s army chief said on Tuesday he welcomed an anti-graft drive against figures close to former President Abdelaziz Bouteflika, state TV reported, a day after the authorities announced the arrest of five business tycoons. Bouteflika quit on April 2 after mass protests against his two-decade rule, in which protesters accused him of allowing widespread corruption…
Thousands of delegates are expected to attend a two-day finance event in Riyadh, which starts on Wednesday under the patronage of King Salman. The Financial Sector Conference is being held by the Ministry of Finance and Saudi Arabian Monetary Authority (SAMA). Organizers of the event at the Ritz-Carlton conference hall in Riyadh said informally that…
JEDDAH: Saudi Arabia is looking to expand its trade and investment links with Mauritania at a high-level forum that kicked off on Monday in the Mauritanian capital Nouakchott. Business leaders and ministers from both countries are taking part in the Saudi-Mauritanian Economic Forum, jointly organized by the Council of Saudi Chambers and the National Employers…
JEDDAH: Saudi Arabia is looking to expand its trade and investment links with Mauritania at a high-level forum that kicked off on Monday in the Mauritanian capital Nouakchott. Business leaders and ministers from both countries are taking part in the Saudi-Mauritanian Economic Forum, jointly organized by the Council of Saudi Chambers and the National Employers…
