Saudi Aramco's Borrowing Spree ...Middle East

Defying Lower Oil Prices, Saudi Aramco Goes on Borrowing Spree - Saudi Arabia’s national oil company, Saudi Aramco, is seeking to borrow more from the financial markets to meet its investment needs, having raised $5 billion this week in its first dollar-bond sale of 2025. - The company’s net debt rose to its highest since 2022 as of April 2025, up 18% quarter-on-quarter to 25 billion, although Aramco’s gearing ratio remains relatively low at 5.3%, a fraction of BP’s more than 25%. - According to the IMF, Saudi Arabia’s…

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi Aramco's Borrowing Spree )

Also on site :

• Wall Street warns Trump aides the GOP tax bill could jolt bond markets
• Nvidia can't be stopped, Apple falls behind, and the AI data center race: Tech news roundup
• EU 'prepared to impose countermeasures' after Trump doubles steel tariffs to 50%