Guides & Analytics
Fitch Affirms NBK’s Rating At AA-; Outlook Stable
Fitch Ratings, the international credit rating agency, affirmed the National Bank of Kuwait’s (NBK) Long-term Issuer Default Rating (IDR) at ‘AA-’ with a Stable…
Central Bank of Oman Issues CDs Worth RO326 Mln
Central Bank of Oman (CBO) has offered certificates of deposit no. 771 worth RO326 million last week. A bulletin issued by the CBO stated that the average interest…
China To Cut Fuel Prices June 9: C1 Energy
China will cut gasoline and diesel prices June 9, energy consultancy C1 Energy said, citing sources from the country's two largest oil companies, PetroChina Co. PTR…
Oil Price Drop, Iran Sanctions, Election: OPEC’s June 14 Top Agenda
Members of the Organization of the Petroleum Exporting Countries will hold their first meeting of the year on Thursday and, following steep declines in oil prices…
25% of Spain Population Lives Below Poverty Line: New Report
A recent report released by a Spanish institution says 25 percent of Spain’s population lives below poverty line, 2 percent higher than last year, as the country…
Egypt’s SCAF Marks End of Assembly Formation Deadlock
Egypt's ruling army council, the SCAF, called on Thursday for parliament to meet next week to pick members of an assembly tasked with drawing up a new constitution,…
Egypt Embraces Russia-Linked Soyuz As Wheat Official Supplier
Soyuz Commodities, which has links to Moscow's state grain exporter, has won recognition as an official supplier to the world's largest wheat importer Egypt,…
FAO: World Food Prices Dip In May
World food prices dropped in May for a second month in a row, hit by steep falls in dairy products, sugar and other commodities, and are likely to fall further in…