ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Saudi Arabia issues 1st bond in 8 years to fill budget hole

DUBAI, United Arab Emirates -- Saudi Arabia has issued its first government bonds since 2007 to cover a growing budget deficit and its neighbor, the United Arab Emirates, has scrapped fuel subsidies as the big oil exporters scramble to deal with sharply lower crude prices. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more