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Economics & Development | Global Arab Network

State of Qatar $3 Billion Global Bond Issue Assigned 'AA-' Rating

Global Arab Network - - Maha Karim

Friday, 03 April 2009 12:38
Standard & Poor's Ratings Services said today that it has assigned its 'AA-' rating to the $3 billion global bond issue by the State of Qatar (AA-/Stable/A-1+). The senior fixed rate notes have two tranches: a five-year $2 billion bond maturing April 9, 2014, and Read more... Add new comment

Moody's upgrades Lebanon's sovereign ratings

Global Arab Network - - Maha Karim

Wednesday, 01 April 2009 17:42
Moody's Investors Service has today upgraded Lebanon's local and foreign currency government bond ratings to B2 from B3. The primary reasons for this rating action are the substantial improvement in external liquidity, the proven resistance Read more... Add new comment
Last Updated on Friday, 03 April 2009 01:37

WTO: 9% global trade decline as recession strikes

Global Arab Network - - Maha Karim

Tuesday, 31 March 2009 00:21
The collapse in global demand brought on by the biggest economic downturn in decades will drive exports down by roughly 9% in volume terms1 in 2009, the biggest such contraction since the Second World War, WTO economists forecast today. Read more... Add new comment
Last Updated on Saturday, 18 April 2009 21:37

Global Poll: Economic System Needs ‘Major Changes’

Global Arab Network - - Adam Turner

Monday, 30 March 2009 20:15
Major reform of the international economic system is needed in order to solve the current crisis, according to a new global poll of over 29,000 people carried out for BBC World Service. Read more... Add new comment
Last Updated on Saturday, 18 April 2009 21:37

The Economist: GCC will be a US$2trn economy by 2020

Global Arab Network - - Adam Turner

Sunday, 29 March 2009 21:59
The Gulf Co-operation Council will be a US$2trn economy by 2020, according to new long-term forecasts from the Economist Intelligence Unit. The GCC countries have become increasingly important players in the global economy during the recent oil boom as Read more... Add new comment
Last Updated on Friday, 03 April 2009 02:52

World Bank: MENA labor will exceed 40 million By 2050

Global Arab Network - - Adam Turner

Sunday, 29 March 2009 21:51
Global demographic developments will lead to far greater labor and job mobility in the coming decades. According to a new report released today by the World Bank MENA region: "Shaping the Future: A Long Term Perspective of People and Job Mobility for the Middle East Read more... Add new comment

Merrill Lynch: Growing Optimism in Global Economic Outlook

Global Arab Network - - Adam Turner

Sunday, 29 March 2009 20:46
Investors are at their most optimistic about the global economy since December 2005, according to the Merrill Lynch Survey of Fund Managers for March. However, the prolonged banking crisis seems to be stopping them from putting cash into equities. Read more... Add new comment
Last Updated on Saturday, 18 April 2009 21:38

The EIB to host Mediterranean water conference

Global Arab Network - - Adam Turner

Sunday, 29 March 2009 19:02
The European Investment Bank (EIB) and the Principality of Monaco will be hosting the 6th FEMIP Conference on “Sustainable Water Financing and Climate Change in the Mediterranean” on 10 and 11 May 2009 in Monaco. Read more... Add new comment

Abu Dhabi's Upcoming $10 Billion Global Medium-Term Note Program Rated 'AA'

Global Arab Network - - Maha Karim

Saturday, 28 March 2009 03:14
Standard & Poor's Ratings Services said today that it assigned its 'AA' long-term senior unsecured debt rating to the Emirate of Abu Dhabi's (AA/Stable/A-1+) upcoming $10 billion global medium-term note program. The same rating will apply to all issues under the program, Read more... Add new comment
Last Updated on Friday, 03 April 2009 01:53

Helping migrants to invest in countries of origin

Global Arab Network - - Maha Karim

Saturday, 28 March 2009 02:29
Helping migrants to invest in agricultural development in their home countries is at the heart of a new agreement between FAO and the International Organization for Migration (IOM). Read more... Add new comment
Last Updated on Sunday, 29 March 2009 17:22