"This credit rating is considered to be excellent in light of the international economic conditions and regional circumstances," Alassaf was quoted as saying in a press release issued by the Saudi Arabian Monetary Authority (SAMA), the central bank.
April 3, 2012 7:58
Massive demand for Saudi Electric Co's (SEC) first international sukuk issue may prompt the company to include a rare long-dated tranche -- and could encourage issues by other utility companies in the Gulf.
March 26, 2012 4:28
What does a sexy scream sound like? If you’re not sure, then download the Shoe Wars app. According to Saudi authorities, the screams there are pretty sexy.
March 26, 2012 3:50
Saudi Arabia can't easily relieve Barack Obama's fuel price misery. Una Galani talks about why options for the world’s biggest oil supplier to rein in runaway crude are all imperfect.
March 21, 2012 2:48