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S&P Affirms Saudi Arabia’s Credit Rating; Says Outlook Stable

RIYADH, November 20, 2017 –  International ratings agency Standard and Poor’s affirmed Saudi Arabia’s ‘A-/A-2’ long- and short-term foreign and local currency sovereign credit ratings. It said the outlook is stable. S&P Global Ratings, which opened an office in the country last month, said in a report the stable outlook is based on its expectation…