International Finance

Tag : Qatar

Economy

Oil price down cycle ‘nearing end’: Saudi minister

“Market fundamentals, in terms of supply and demand, have begun to improve” IFM Correspondent October 26, 2016: Speaking at the World Energy Congress in Istanbul, Turkey, Saudi Arabia’s Energy Minister Khalid al-Falih said that as market fundamentals improve, the current down cycle of crude prices is close to an end. Oil prices are currently hovering...
Economy

Saudi Arabia launches sale of international bonds

Seeks to raise up to $15 billion IFM Correspondent October 19, 2016: Saudi Arabia has officially launched its first international bond sale. The move comes as the Kingdom looks to debt markets to help ease its cash squeeze as a result of the two-year oil price slump. The low oil price has led to a...