Aramco declares dividend of $18.75 billion in Q3

Aramco raises $6bn through world’s largest US-dollar corporate Sukuk

The Saudi Arabian Oil Company (“Aramco”) has raised $6 billion; following the sale of US dollar-denominated Shariah-compliant securities to leading institutional investors; the company announced in a statement on Thursday. The issuance comprised three tranches of senior unsecured Sukuk trust certificates issued under Aramco’s newly established International Sukuk Program; with the funds raised allocated for...

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