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17 Feb, 2026
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Tag: Olivier Panis

Saudi Banks Outlook Negative, New Austerity Measures Introduced

March 16, 2016 Jaber Ali

The outlook for Saudi Arabia’s banks have changed to negative from stable by credit rating agency, Moody’s Investors Service, because bad loans are expected to rise over the next 12 to 18 months due to low oil prices and a Read more

Finance, Gulf News, HeadlinesKing Salman, Olivier Panis, Reuters, Saudi Arabia

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