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oil prices

Saudi Arabia in huge new bond sale to finance deficit

RIYADH: Saudi Arabia on Thursday announced it had undertaken another multi-billion dollar bond sale to finance a persistent budget deficit left by low oil prices. The world's top crude oil exporter raised $12.5 billion (10.6 billion…

Saudi budget deficit halves after reforms, oil rebound

RIYADH: Saudi Arabia's budget deficit halved in the first six months of this year, the finance ministry said on Sunday, following sweeping spending cuts and a stabilisation in oil prices. The ultra-conservative kingdom has moved to…