Comment & Analysis
Sovereign wealth
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S&P upgrade seen for Saudi as reserves swell
Saudi Arabia is poised for a sovereign upgrade from Standard & Poor’s as central bank reserves for Opec’s biggest member swell to the most in at least five years. That is the view of financial institutions including Credit Agricole Private Banking, Commerzbank and Riyadh-based MASIC, which said a boost by…
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Click here to read the full story: Gulf Times