Wednesday, 27 September 2017

Bond Sale Day Is Great Timing for Saudis to Ramp Up the Charm - Bloomberg

Bond Sale Day Is Great Timing for Saudis to Ramp Up the Charm - Bloomberg:

"All it does is give Saudi women a privilege others have had for more than a 100 years, but this is a landmark decision for the kingdom. And it’s great timing too. Saudi Arabia is in the market to sell dollar bonds today, it’s second this year. The decision to lift a ban that activists have fought for decades is a sign the kingdom is serious about transforming its society, one of the world’s most conservative, as part of a larger drive to diversify the Arab world’s biggest economy away from oil."



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