FAST FINANCELast week, volatility rose again when on Friday, US Federal Reserve chairwoman Janet Yellen reiterated that rates would likely rise before the end of 2015 despite its earlier delay on emerging market growth concerns. While developed markets are seeing some slowing growth as a result of Chinese economic worries ...
September 28, 2015Blake Goud
FAST FINANCE As Brent crude falls below the $50/bbl, pressure rises on many oil exporters to finance rising budget deficits to preserve their investments saved up during years with higher prices. Saudi Arabia, in particular, is likely to be active in bond issuance and its SR 15bn ($4bn) issuance in ...
August 10, 2015Blake Goud
The Islamic Development Bank made a big declaration when, at a development finance event in Addis Ababa, Ethiopia organized by the UN, it announced a 15 year, $150 billion commitment to financing related to the Sustainable Development Goals. The commitment follows investment of $80 billion towards the Millennium Development ...
July 29, 2015Blake Goud
Arab Petroleum Investments Corporation (APICORP), which invests in the Organization of Arab Petroleum Exporting Countries (OAPEC) countries’ energy sector, recently announced a $3 billion sukuk program that could transform the balance sheet of this smaller, lesser known Saudi multilateral development bank (MDB) as well as its future investment strategy. The ...
July 22, 2015Blake Goud