Saudi Arabia, S&P and crude oil to China

S&P lifts Saudi Arabia's rating on sustained economic shift away from oil
Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, underpinned by the ongoing social and economic transformation in the country. Fitch said the country's Vision 2030 project provides some flexibility in managing capital expenditure and debt issuance.
Why Saudi Arabia’s oil exports to China may drop to a one-year low in April
Saudi Arabia, the world's largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China in April.
Saudi Arabia raised by S&P as economic diversification pays off
CAIRO] Saudi Arabia’s credit rating was upgraded by S&P Global Ratings for the first time in two years, as the kingdom’s efforts to diversify the economy from oil pay off. Read more at The Business Times.
S&P upgrades Saudi Arabia’s credit rating to A+
S&P Global Ratings has upgraded Saudi Arabia’s long-term sovereign credit rating to ‘A+’, citing the Kingdom’s sustained socioeconomic and capital market reforms under Vision 2030.The outlook remains stable,
S&P upgrades Saudi Arabia's credit rating after two years on economic diversification efforts
S&P Global Ratings has raised Saudi Arabia’s credit rating for the first time in two years, citing the country’s economic diversification efforts and growth of its non-oil economy. The agency upgraded the kingdom’s rating to ‘A+’ from ‘A’ with a stable outlook on strengthened institutional settings amid Vision 2030 reforms,
Saudi Arabia's GDP grows by 1.3% in 2024
Saudi Arabia's economy grew 1.3% year on year in 2024, preliminary government data showed on Sunday, supported by ...
A Slowdown in Saudi Arabia Is Roiling the Consulting Market
For years, Saudi Arabia has leaned on advisory firms to drive an expensive overhaul of its economy. But the kingdom’s once ...
CounterPunch6d
The Petrodollar – The US-Saudi Deal that Ruined the World
The United States–Saudi “petrodollar” arrangement has underpinned American economic and military power for nearly five ...
Saudi bourse extends gains after S&P ratings upgrade
Saudi Arabia's stock market ended higher on Sunday, extending gains from the previous session, after S&P upgraded its ratings ...
Argaam1d
Rating upgrade allows Saudi to issue more favorable bonds, sukuk: NDMC
The National Debt Management Center (NDMC) said that Saudi Arabia’s credit rating upgrade by SP Global will allow the Kingdom ...
Zawya6d
Liquidity in Saudi economy grows by over $62.93bln by 2024's end
Riyadh: The liquidity levels ("available money") in the Saudi economy recorded an annual growth of SAR236.129 billion, or 9%, reaching SAR2.921 trillion by the end of 2024, compared to SAR2.685 ...
Saudi Arabia's fourth-quarter GDP grows by 1.3%
Saudi Arabia's economy grew 1.3% year on year in the fourth quarter of 2024, preliminary government data showed on Sunday, ...
Saudi Gazette on MSN6d
Liquidity in Saudi economy records annual growth of SR236 billion in 2024
The liquidity levels or available money in the Saudi economy recorded an annual growth of SR236.129 billion, reaching SR2.921 trillion by the end of 2024, compared to SR2.685 trillion in 2023. This is ...