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Moody’s Investors

Moody’s Investors latest

The rising oil price has reduced the need for Gulf governments to sell bonds. (Shutterstock)
September 5th, 2018 - 07:51 GMT

Islamic GCC Bond Sales Fall by 32 Percent Due to Oil Price Hike

The sale of Islamic bonds in the Gulf fell in the first half of 2018 as increasing oil prices lessened the region’s need to plug government deficits with additional fundraising, a report said.
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Al Bawaba
December 30th, 2015 - 01:00 GMT

GCC fuel subsidies: will they go down like dominoes?

The Moody's report is echoed by Standard & Poor, who predict that lower oil prices will start to weigh on Saudi Arabian banks. (File photo)
October 29th, 2015 - 11:30 GMT

Saudi spending cuts will impact banks: Moody's

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