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Moody’s
Banking & Finance
Saudi banks witness 8 percent surge in Q1 earnings, reaching $4.97 billion
The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment
Economy
Saudi Arabia maintains ‘A1’ credit rating with positive outlook amid successful economic reforms: Report
The rating reflects the government's significant progress in implementing a broad-based reform agenda since 2016
Economy
Moody’s affirms top credit ratings for key companies in Saudi Arabia
Ratings reaffirm financial resilience and strategic importance within national economy
Markets
Oil prices rise as OPEC forecasts strong global demand and weather disrupts U.S. production
OPEC maintains 2.25 mn bpd demand growth forecast
Markets
Gold prices on a strong start as Moody’s lowers US credit rating
Gold prices increased 0.42 percent during Sunday's Asian trading session
MENA
Moody’s: GCC telecom operators set sights on Europe
e& and stc acquired substantial stakes in leading companies