Saudi Seeks $8B Loan as War Strains Finances
Saudi Arabia's National Debt Management Center has sounded out banks for at least an $8 billion loan as wartime disruptions and higher import costs strain public finances; state-backed Saudi Aramco has held separate early talks with lenders. The outreach comes amid a widening budget gap, a Q2 deficit of 34.3 billion riyals and other recent sovereign and corporate debt activity.
