Fitch Ratings revises its outlook on Saudi Arabia’s long-term foreign-currency issuer default rating to “stable” from “negative.”
Fitch Ratings revises its outlook on Saudi Arabia's long-term foreign-currency issuer default rating to “stable” from “negative.”
Kuwait’s Cabinet approves a fiscal stimulus package that contains measures to provide liquidity for small- and medium-sized enterprises and directives for local banks to postpone select loan repayments for a 3-month period.
by Karen E. Young Saudi Arabia's unprecedented bond sale worth $17.5 billion had impeccable timing, given Donald Trump's victory in the U.S. presidential election.
by Karen E. Young Oil and gas producing states in the region have started to sell off their assets in order to offset the declining energy prices.