Thursday 21 August 2014
 
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S&P ratings

The upshots of Dubai’s compulsory medical insurance

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

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Emirates NBD funds get ‘A’ rating

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

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Dubai govt entities get negative ratings

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

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