Saudi Arabia

Companies | 23 May 16

Amr Seif is head of asset management at EFG Hermes, a firm that has traditionally focused its expertise on the Middle East and North Africa, but is now expanding into other territories.

Macro Views | 25 Apr 16

The government of Saudi Arabia approved a new economic plan on Monday which will see the kingdom emerge as a major global investor and introduce a new visa system to allow expatriates to live in the country for extended periods.

Fixed Income | 20 Apr 16

Saudi Arabia is poised to tap the international loan market for the first time to raise $10bn (£7bn, €8.8bn) to help fill a huge budget deficit caused by the dramatic fall in oil prices, and may also issue a debut global bond, according to bankers cited in several media reports.

Commodities | 19 Feb 16

The impact of lower oil prices has caused ratings agency Moody’s to revise down its economic outlook for Saudi Arabia, in a week which saw rival agency Standard and Poor’s announce a two-notch downgrade of the country’s sovereign ratings.

Commodities | 27 Jan 16

Sometimes in global financial markets, change can be brutal as the market adjusts to a completely new reality. The second half of 2014 was one of these periods and witnessed the beginning of what would become one of the largest declines in global oil prices on record.