Banks in emerging markets of the GCC countries, Nigeria, Russia, South Africa, and Turkey will stay under pressure for the remainder of 2016 and 2017, according to a new report from S&P Global Ratings.
"The operating envi
In mid-December, the Emirate of Dubai announced that, after many months of expectation and consideration, it will introduce compulsory medical insurance for all workers and dependents in the emirate.
This action prompts a number o
Emirates NBD, a leading bank in the region, said Standard & Poor’s Fund Services has assigned an ‘A’ fund rating to three global, multi-asset class funds of its asset management unit.
This makes them the first managed funds with such d
Standard & Poor's Ratings Services has revised its outlook on the ratings of six Dubai-based Government-Related Entities (GREs) to negative from stable.
The entities are: DIFC Investments, DP World, Dubai Holding Commercial Operati