Saudi Arabia suffered another cut to its credit rating on Saturday as Moody''s Investors Service downgraded the kingdom along with Bahrain and Oman be
Saudi Arabia suffered another cut to its credit rating on Saturday as Moody's Investors Service downgraded the country along with Bahrain and Oman because
Chairman Al Mansouri says oil prices could easily reach 60- 70 in 12 months
Moody’s notes that Saudi Arabia’s recently announced plans to diversify its economy should stabilize its credit profile and offer route back to higher rating
NEW YORK (AP) — Saudi Arabia's credit rating has been downgraded by Moody's because of the long and deep slump in oil prices. Moody's Investors Service said Saturday that it...
Moody's cuts Saudi, Oman, Bahrain debt ratings
Saudi Arabia’s credit rating has been downgraded by Moody’s ratings agency. The US-based firm said the downgrade reflects their view that lower oil prices have led to a "material deterioration" in Saudi Arabia's credit profile.
Saudi Arabian stock investors showed they care more about the price of oil than what New York-based Moody’s Investors Service Inc. thinks about the kingdom’s debt dynamics.
Moody's downgrades Saudi Arabia, Bahrain on plunging oil prices, fiscal woes.The Gulf monarchies face acute budget crunch.A look at the data reveals the extent