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Local and international building companies are heavily exposed to spending cuts by Middle East nations
Global consortium lays on first debt issue in 25 years
Corporate and national balance sheets are tipping into the red as oil’s historic low price bites deep
World’s biggest groups meet on Sunday to thrash out deal aimed at freezing output
Decision to scrap dollar peg has cut exchange rate volatility, but failed to spur diversification
Oil’s new low is breaking the bank in Saudi Arabia, Oman and Bahrain
Reserves not enough to cover budgets as fiscal deficits reach $270bn and oil prices stay low
Carbon-fibre wings beneath the latest GC32s act like an aircraft’s and seal a technical step change
Gulf states of Saudi Arabia, Bahrain and Oman are seen as vulnerable to devaluation
Former White House budget director bolsters investment bank’s advisory team
Aim to press ahead with capital projects amid fall in oil price requires funding gap to be filled
UN envoy calls on world powers to ‘do more’ to improve conditions for peace
Forget Opec, it is time to get a grip of permanent realities of the market
Traders have started to increase bets on a recovery by year end
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