Economy




Iraq to tap retail investors in $5bn domestic bond offer

DUBAI: Iraq's government plans a domestic issue of $5 billion worth of bonds starting in the fourth quarter of this year as it seeks to relieve the pressure of low oil prices on its finances, an offic



Saudi Real Estate Co. in land deal

JEDDAH: Saudi Real Estate Co. signed an agreement with Alinma Investment, a unit of Alinma Bank, to jointly buy SR1.8 billion ($480 million) of land in Riyadh, it said in a statement.









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