Saudi Bonds and Spending Move in Opposite Directions

• Tuesday, 3rd November 2015
• by Egypt Oil & Gas

Standard and Poor, which previously downgraded Saudi Arabia’s sovereign debt, has said that this in turn may contribute to a gradual repricing of the Gulf’s international bonds, reported Reuters. The argum...

Oil Prices and Saudi Boom and Islamic Finance Cycles

• Tuesday, 1st September 2015
• by Egypt Oil & Gas

Rising oil output boosted Saudi Arabia’s economic growth to its fastest pace in over a year in the second quarter of 2015, according to data released by the country’s state statistics department. GDP expan...