Kuwait National Petroleum Co (KNPC) signed a $6.25billion loan with international lenders to back its planned Clean Fuels project.
For the first time in more than 25 years, the ratings agency Moody's has downgraded China's debt rating. Graham Mackay reports.
There may be a slowdown in Credit Guarantee Fund-backed (KGF) loans.
Company said that $12 billion would be the initial investment in a project to expand refining capacity at Motiva's Port Arthur refinery in Texas
Abu Dhabi’s economy, which experienced a downturn caused by low oil prices over the last two years, will experience positive growth in the coming years
The $50 million grant fund, which was launched earlier this year operates under the management of Ministry of Foreign Affairs and International Cooperation
IBA, which is Azerbaijan's biggest lender, is restructuring more than $3 billion of its debt to tackle bad loans.
Egypt expects to raise 5-7 billion Egyptian pounds ($276-$387 million) through initial public offerings (IPO) of state-owned companies.
fFormer chairman of the failed Anglo Irish Bank was acquitted on Tuesday on charges of misleading auditors about personal loans
Traditionally, Gulf insurers have shown little interest in bonds, partly because of a lack of supply of highly rated debt issued by governments or blue-chip corporates