Rating agency Fitch downgraded Saudi Arabia’s credit rating to A from A+ on Monday, citing rising geopolitical and military tensions in the Gulf and a deterioration of the kingdom’s fiscal position. The downgrade – which places Saudi Arabia one notch above the assessment of peer rating agency S&P Global – ...
Saudi Arabia has sent messages to Iran’s president through the leaders of other countries, a spokesman for Iranian government said on Monday. “Messages from the Saudis were presented to (Iran’s President) Hassan Rouhani from the leaders of some countries,” spokesman Ali Rabiei said, according to the semi-official ILNA news agency. ...
