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International rating agency Fitch has said Ghana can gain access to the international capital market again if the country opts for a programme with the International Monetary Fund (IMF). Asked about the prospects for new sources of external financing and the medium-term fiscal consolidation in a podcast series in which…

Oil-exporting countries in the Middle East and North Africa region are expected to register stronger growth next year, driven by accelerated vaccination programmes, higher oil prices and Opec+’s policy to gradually increase production in line with improved demand. The UAE’s economy is projected to grow 5.8 per cent next year, while Saudi Arabia, the largest ...

Published date: 31 January 2021 08:50 UTC | Last update: 1 month 4 weeks ago Weeks after Gulf leaders signed a “solidarity and stability” statement in Saudi Arabia ending a three-and-a-half-year blockade on Qatar, Bahrain still does not seem to be completely on board.  Alongside Saudi Arabia, the United Arab Emirates (UAE) and Egypt, Bahrain agreed earlier this month at a summit in the Saudi city of al-Ula to restore full diplomatic, trade and travel ties with Qatar. The four countries had abruptly cut ties with their neighbour in June 2017...

Bahrain will likely need further financial support from its Gulf neighbours despite reform measures, Fitch Ratings' lead Bahrain analyst Toby Iles said on Monday.