Economy Top StoriesSukuk issuance to drop in 2023 as Gulf economies thrive, states Moody’sGBO CorrespondentSeptember 14, 2023 GBO CorrespondentSeptember 14, 2023 Sukuk offers privileged access to the Gulf region, where significant financial reserves...
Finance Top StoriesInvestments in Africa take a hitGBO CorrespondentAugust 10, 2023August 10, 2023 GBO CorrespondentAugust 10, 2023August 10, 2023 A new research report stated that this has decreased the flow of...
Currency Top StoriesKenya Eurobonds fall sharply after Moody’s warningGBO CorrespondentAugust 9, 2023August 8, 2023 GBO CorrespondentAugust 9, 2023August 8, 2023 According to Moody's, Kenya will have 'substantial' debt-service obligations even after redeeming...
Banking and Finance Top StoriesMoody’s changes outlook on Saudi banks on reforms, oil priceGBO CorrespondentJune 21, 2023June 21, 2023 GBO CorrespondentJune 21, 2023June 21, 2023 Demand for credit is high and loan performance is improving, and this...
Economy Top StoriesFall in inflation, higher ratings: Saudi economy receives boosts furtherGBO CorrespondentMarch 23, 2023March 23, 2023 GBO CorrespondentMarch 23, 2023March 23, 2023 According to Saudi Arabia's General Directorate for Statistics, actual rents for housing...
Oil and Gas Top StoriesSurging oil prices enhance financial position of Gulf countries: Moody’sGBO CorrespondentSeptember 30, 2022September 29, 2022 GBO CorrespondentSeptember 30, 2022September 29, 2022 Moody's said that significant oil and gas producers could boost their production...
Banking and Finance Top StoriesKuwait banking sector on recovery path despite inflation, political turmoilGBO CorrespondentAugust 29, 2022 GBO CorrespondentAugust 29, 2022 Kuwait's cost-to-income ratio, which was particularly high at 44.2% compared to the...
Banking and Finance Top StoriesQatar’s top banks report a net profit of $3.2 bn during H1 2021GBO CorrespondentAugust 19, 2021 GBO CorrespondentAugust 19, 2021 The net profit surge is due to a rise in interest and...
Banking and Finance Top StoriesBNP Paribas appoints new Saudi headGBO CorrespondentMarch 8, 2021March 17, 2021 GBO CorrespondentMarch 8, 2021March 17, 2021 Ms Al-Asmari served as the CEO of Natixis for the Kingdom’s operations,...
Top StoriesJapanese insurers to largely implement ESG, says Moody’sGBO CorrespondentNovember 12, 2020 GBO CorrespondentNovember 12, 2020 Major Japanese insurers have unveiled plans to stringently adapt to ESG in...