For full coverage of Middle East business, see MEED Iran said on Wednesday it had stopped exports of liquefied petroleum gas (LPG) to Japan, but there were other customers available, the semi-official Mehr news agency reported. The report did not give…
Day: June 8, 2016
Total gets 6 month Azadegan deadline
For full coverage of Middle East business, see MEED Total has six months to submit its technical bid for the development of the South Azadegan oil field which could still be awarded to other international firms, Iran’s deputy oil minister…
Saudi bond issue could be $20bn
Saudi Arabia’s Finance Minister Ibrahim al-Asaf For full coverage of Middle East business, see MEED Saudi Arabia’s planned international bond issue could be as big as $20bn, making it by far the largest single financial operation in Middle East history,…
GIC affirmed at A-
For full coverage of Middle East business, see MEED Fitch Ratings has affirmed Gulf Investment Corporation’s (GIC’s) long-term issuer default rating (IDR) at A- with a stable outlook and short-term IDR at F1, Fitch Ratings said in a report released…
Kuwait to have current account deficit in 2016
For full coverage of Middle East business, see MEED Kuwait’s current account will move into a deficit of 1 per cent of GDP in 2016 due to lower oil prices and continuing import growth, National Bank of Kuwait (NBK) said…