MIDEAST DEBT-Cheap oil weans Gulf state firms off public purse, pushes
 

25-10-15 07:25 AM

So far the shift is most evident in the smaller Gulf Arab nations which lack huge cash reserves but have big projects in the pipeline: Oman and Bahrain. Oman Electricity Transmission Co issued a $1 billion debut bond in May, while Aluminium Bahrain will ...

Source...