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Saudi central bank closely monitoring Aramco IPO, ready for a cash crunch
Saudi banks extended huge loans for clients wanting to maximize their participation in the IPO, with some expanding lending to four times the official limit, sources have previously told Reuters.
Saudi Arabia stocks spurred by record bond sale
The Tadawul All Share Index added 1.6 per cent on Sunday in Riyadh to close at 5,739.92, the highest level in a month