Gulf weekly: Bahrain’s deficit falls but Oman’s is flat, the US Senate opposes war with Iran

GULF COUNTRIES - Report 14 Feb 2020 by Rory Fyfe and Justin Alexander

A skimmable summary of key developments by country, overlaid with our analysis and links. Headlines include:

* Bahrain’s 2019 deficit fell to 4.7% of GDP.

* However, Oman’s deficit remained flat, at 9.0%, and it was put on negative outlook by CI.

* OPEC trimmed its oil demand forecast because of the coronavirus, which has also pushed LNG spot prices to a record low.

* Abu Dhabi is the latest Gulf state reported to be in talks for a bond issue.

* Fitch affirmed Qatar at AA- (Stable).

* Lebanon asked for IMF assistance but hasn’t made a decision yet on the March Eurobond.

* The US Senate voted to limit Trump’s authorization for military action on Iran.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.