Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Britain will provide $2 billion in credit guarantees to Saudi Aramco so it can buy British goods and services more easily, but denied it was part of efforts to push the energy giant to list its shares in London. The loan agreement comes as London Stock Exchange, with backing from British Prime Minister Theresa May, competes to host part of Saudi Aramco's initial public offering (IPO), which is expected to be the biggest float ever.The $2 billion facility is being finalised by UK Export Finance, a ministerial department which works to increase British exports by providing finance to overseas buyers of the country's goods and services.
FOLLOW THIS ARTICLE