Financial and Banking News


Saudi Arabia and Algeria Take 52% of Arab Euroborrowing in 1984 

Figures published by the London-based International Financing Review indicate that the total volume of funds raised by eurocredits and bond issues in Arab countries declined by about 17% in 1984 to $6.9bn. Of this total Saudi Arabia and Algeria accounted for 52%, compared to their 42% share in 1983. The data, which is reproduced in the table below, shows that of the major Arab...