Saudi Aramco begins its first dollar-denominated Islamic bond sale
RIYADH: Saudi Aramco on Monday began its first dollar-denominated Islamic bond sale, state media said, as the energy giant seeks to raise cash to fund its hefty dividend payments.
The sale of sukuk, or Islamic bonds compliant with the Muslim faith, will end on June 17, the official Saudi Press Agency said, without specifying how much cash Aramco is seeking to raise.
