Riyad Bank: Financing Saudi Arabia’s Future
Riyad Bank, a member of the U.S.-Saudi Business Council (USSBC), serves U.S. customers through its Houston office as well as...
Saudi Arabia Releases 2021 Pre-Budget Statement
Saudi Arabia’s revenues are expected to reach $240.8 billion in 2022, according to a pre-budget statement released by the Ministry of Finance. The...
S&P Affirms Saudi Arabia’s A-/A-2 Credit Rating
S&P Global Ratings has affirmed Saudi Arabia’s A-/A-2 credit rating with a stable outlook. The ratings agency credited a rise in oil...
Fitch Improves Saudi Arabia’s Outlook to Stable
Fitch Ratings has revised Saudi Arabia’s outlook from negative to stable and maintained the Kingdom’s sovereign rating at ‘A.’ The credit...
Saudi Arabia’s 2021 Growth Forecast Rises to 2.9 Percent
The International Monetary Fund raised its forecast for Saudi Arabia’s economic growth to 2.9 percent, compared to its earlier January...