International Organizations Economic News and Analysis

Energy & Commodities | OPEC | Kuwait | Saudi Arabia

Seven OPEC+ Producers Leave December Required Output at 31.01 Million Barrels a Day
November 1, 2026November 4, 2026

Seven OPEC+ producers will keep December’s required output at September levels for a third month, OPEC said on Sunday; their country figures add up to 31.01 million barrels a day. For the seven governments and the refiners that buy their crude, the decision carries the last month of the year at the level reached after…

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Macro | IMF | Middle East

Banque du Liban Weighs Bank Recapitalisation and Cash to Repay Deposits in Paris Talks
November 1, 2026November 1, 2026

Banque du Liban met banks chosen by the Association of Banks in Lebanon in Paris on 27 and 28 October on recapitalising lenders and the cash available to repay depositors. For Lebanese depositors, the talks are about sizing rather than paying: the central bank says it is working out how much can be returned and…

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Rating Agencies | Corporate News | USA

S&P Revises Meta’s Outlook to Negative, Sees 2027 Capex Above $225bn
November 1, 2026November 1, 2026

S&P Global Ratings revised its outlook on Meta Platforms to negative from stable on 30 October and affirmed its AA- rating, forecasting capital spending above $225 billion in 2027. For Meta’s bondholders the rating itself is unchanged, but the agency now sees adjusted leverage above its own downgrade threshold as early as 2027. The pressure…

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Macro | Rating Agencies | Middle East | UAE

Fitch Affirms Abu Dhabi at AA, Now Sees a 2026 Budget Surplus of 2.3% of GDP
October 31, 2026October 31, 2026

Fitch affirmed Abu Dhabi at AA with a Stable Outlook and now forecasts a 2026 budget surplus of 2.3% of GDP, excluding the Abu Dhabi Investment Authority’s investment income. For holders of the emirate’s bonds the rating is unchanged, but the numbers behind it have improved markedly since 1 May, when the agency projected a…

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Macro | Rating Agencies | Middle East | Qatar

S&P Affirms Qatar at AA With Stable Outlook on Assets Estimated at 200% of GDP
October 31, 2026

S&P Global Ratings affirmed Qatar at AA with a stable outlook on 30 October, citing government liquid assets that the agency puts at an estimated 200% of GDP. For investors in Qatar’s sovereign debt, the verdict is that the state’s balance sheet can carry it through a period of disrupted LNG output that the agency…

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Macro | Rating Agencies | EU | France

Fitch Turns France’s Outlook Negative, Affirms A+, Sees Interest at 3.3% of GDP in 2028
October 31, 2026October 31, 2026

Fitch Ratings revised France’s outlook to Negative from Stable on 30 October and affirmed its A+ rating, citing weaker growth, higher borrowing costs and a wider deficit. For holders of French government bonds, the agency has now named a failure to improve the debt trajectory materially as a trigger for a downgrade. In The Edge’s…

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Macro | International Organizations | IMF | Egypt

IMF Mission in Cairo Aims to Complete Egypt’s Programme With an Estimated $2.33bn
October 30, 2026November 4, 2026

An IMF team is in Cairo for the final reviews of Egypt’s two Fund arrangements, which would release a final disbursement of an estimated $2.33 billion, the IMF said. For Egypt, staff-level agreement and Board approval before the Extended Fund Facility expires on 15 December would complete a programme the Board approved in December 2022….

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Energy & Commodities | International Organizations | Egypt

EBRD Provides $63 Million for the First Phase of Egypt’s Dandara Solar Plant
October 30, 2026

The EBRD is providing $63 million to Dandara Solar Power for a 500 MW solar plant with battery storage that will supply Egypt Aluminium, the Bank said. For Egypt, it follows Scatec’s signing on 28 October of $217 million of loans from the EBRD, the African Development Bank and the European Investment Bank for the…

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Rating Agencies | Middle East | Saudi Arabia | UAE

Fitch Affirms PIF at A+, Abu Dhabi’s ADQ and Mamoura at AA on Virtually Certain Support
October 29, 2026November 4, 2026

Fitch affirmed Saudi Arabia’s Public Investment Fund at A+ and Abu Dhabi’s ADQ and Mamoura at AA on 29 October, equalising each state investment fund with its government’s rating. For investors in the funds’ bonds and sukuk, all three outlooks are Stable, and the agency judges extraordinary state support as virtually certain in every case….

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Energy & Commodities | International Organizations | World Bank | Global

World Bank Sees Commodity Prices Up 23% in 2026 and Brent Averaging $91
October 28, 2026November 4, 2026

Commodity prices are set to rise 23% this year, led by energy, before easing in 2027, the World Bank said on 28 October in its latest Commodity Markets Outlook. In The Edge’s reading, this is largely a supply story, and the baseline rests on the Bank’s stated assumption of no major intensification of conflicts affecting…

Read More World Bank Sees Commodity Prices Up 23% in 2026 and Brent Averaging $91