Saudi King and Crown Prince Condole Kuwait

Saudi King and Crown Prince Condole Kuwait

In a heartfelt gesture of solidarity, Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman expressed their deepest condolences to the Emir of Kuwait on Monday following the passing of Sheikh More »

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Tag Archives: FITCH RATINGS

Pressure on Qatari banks following outflows of non-domestic deposits

:: Qatari banks’ funding and liquidity are under varying degrees of pressure from outflows of non-domestic deposits and interbank borrowings, after several Arab countries severed diplomatic and logistical ties with Qatar in June, the latest report from Fitch Ratings says.

Qatar’s $300 bln conundrum: How long can Doha defend its currency?

Qatar Central Bank

:: When is $300 billion not enough? That question is key to Qatar’s future as some bankers and hedge funds speculate the super-rich state’s vast financial reserves may not be liquid enough to defend its currency in the long term.

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