Thames Water faces breakup or bailout
The financial troubles of Thames Water highlight the challenges facing England and...
Debt
Fitch affirms Kuwait’s rating at AA-, praises draft debt law
While the UAE was rated AA-, Fitch Ratings confirmed Saudi Arabia's IDR...
Nairobi’s debt crisis fuels youth discontent
The majority of people who live in Nairobi's slums still cannot afford...
Oman’s 2025 budget forecasts revenue increase, driven by oil & gas
Around OMR 44 million has been set aside in the 2025 budget...
UAE, Hong Kong sign MoU to expand cross-border debt issuance & investment
The MoU signed by UAE and Hong Kong is anticipated to simplify...
UAE debt capital markets grow 13% in Q3 to reach USD 294.4 billion
UAE was the second-largest issuer of sukuk and environmental, social, and governance...
Humanitarian crisis in Sudan spurs regional economic challenges
According to the latest IMF report, the ongoing conflict in Sudan may...
Go Green with GBO: MENA countries struggle with climate finance disparities
From 2003 to 2021, 71% of foreign climate finance to MENA went...
Kenya close to borrowing USD 1.5 billion from Abu Dhabi
It is predicted that the ratio will only slightly decrease to 65.6%...
Sri Lanka’s credit risks could stay ‘elevated,’ say Moody’s amid political change in country
According to Moody's, although it is an improvement over 70% in 2021,...