Month: September 2016

9/11 suit delays Saudi bond

Saudi Arabia’s first international bond may be delayed by a U.S. vote on legislation that would allow the families of 9/11 victims to sue the Arab country, Bloomberg reported today. A Senate vote to override President Barack Obama’s veto of the…

BP and Shell close to Iran breakthrough

BP and Royal Dutch Shell are close to finalising preliminary agreements to evaluate exploration and production opportunities in Iran, the International Oil Daily has reported. The imminent deals represent a major breakthrough for international oil companies in Iran and delivers…

Qatar affirmed at AA

Standard & Poor’s (S&P) said on 2 September that it is affirming its rating of Qatar at AA/A-1+. “The stable outlook reflects our view that Qatar’s economy will remain resilient, although we anticipate continued institutional weaknesses and an only moderate increase…