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With Oil Prices Down, Saudi Arabia Turns To The Bond Market For The First Time

NPR Wednesday, 19 October 2016 ()
Long synonymous with wealth and luxury, the desert kingdom is looking for ways to plug a growing budget deficit.
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News video: Saudi Bond Sale Spurs More Gulf Borrowing

Saudi Bond Sale Spurs More Gulf Borrowing 05:27

Oct. 27 -- Gary Dugan, chief investment officer at Emirates NBD, discusses Saudi Arabia's potential for further bond issuances, the dynamics of the GCC bond market and the impact of oil on the market. He speaks to Yousef Gamal El-Din and Angie Lau on "Bloomberg Markets: Middle East."

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