Middle East and Northern African (MENA) sovereign borrowing will total $136bn in 2017, S&P Global Ratings says in a new report. That will be 20 per cent down on the figure recorded in 2016. In 2017, $28bn of MENA sovereigns’ gross…
Month: February 2017
Saudi carmaker to use aluminium
Saudi Arabia National Automotive Manufacturing Company (Snam) has agreed to increase the aluminium content in vehicles it plans to produce. The aluminium is to be supplied by Saudi Arabian Mining Company (Ma’aden). Ma’aden operates one of the world’s largest fully…
Trump’s bans may be better than Obama’s bombs
President Trump signs an executive order calling for extreme vetting of migrants from 7 mainly Muslim countries on 27 January Hastily drafted and badly executed, President Trump’s discriminatory and unfair visa bans announced on Friday may nevertheless to do more…