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Banque Saudi Fransi sells $700 million in five-year bonds

BY Reuters  • November 16, 2022November 16, 2022
DUBAI (Reuters) – Banque Saudi Fransi sold $700 million in five-year bonds on Wednesday in the first public dollar bonds out of the Gulf in nearly a month, a bank document showed. The bonds were[...]
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Asia Business Economy Europe Middle East UK US

Petro-Logistics says OPEC appears to be making oil output cut

BY Reuters  • November 16, 2022November 16, 2022
By Alex Lawler LONDON (Reuters) – Crude oil exports by OPEC have fallen significantly so far this month, leading tanker-tracker Petro-Logistics said on Wednesday, suggesting members are deliveri[...]
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Asia Business Economy Europe Middle East

BoE could deepen UK recession if it raises rates further – Dhingra

BY Reuters  • November 16, 2022November 16, 2022
LONDON (Reuters) – The Bank of England’s newest interest rate-setter Swati Dhingra said on Wednesday that the British central bank could deepen an expected recession if its pushes up borro[...]
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Business Economy Europe Middle East UK

Jordan’s economy posts faster growth despite global turmoil -IMF

BY Reuters  • November 15, 2022November 15, 2022
By Suleiman Al-Khalidi AMMAN (Reuters) – Jordan’s growth has quickened in 2022 despite global economic turbulence, driven by strong progress in IMF-backed structural reforms that have cush[...]
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Economy Middle East Politics
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