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![Fitch: Outflow of Deposits Raises Funding Costs on Qatari Banks](https://eng-archive.aawsat.com/wp-content/uploads/2017/08/ceremony-delivering-minister-development-governors-corporate-affairs_75a09a90-2f42-11e7-aae9-524ad91d2809.jpg)
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![Fitch: ‘Sharp Decline in Saudi Arabia’s Budget Deficit in Q1’](https://eng-archive.aawsat.com/wp-content/uploads/2017/05/LOGO-FITCH.jpg)
Fitch: ‘Sharp Decline in Saudi Arabia’s Budget Deficit in Q1’
Riyadh- A decline in Saudi Arabia’s first quarter budget deficit highlights the positive fiscal impact of higher oil prices on the country, Fitch Ratings said on Tuesday. The agency expects that the fiscal deficit will continue to fall on the back of higher oil...Caption:
Egyptian Tourism Minister Yehia Rashed speaks during an interview with Reuters at his office in Cairo, Egypt, April 7, 2016. REUTERS/Mohamed Abd El Ghany
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