Monday 25 June 2018
negative outlook

Political risks weigh on Mena ratings: S&P

Standard & Poor's Ratings Services, which rates 13 sovereigns in the Middle East and North Africa (Mena) region, said five countries in the region have negative outlooks, indicating at least a one-in-three chance that it could lower the so


Commercial Bank of Dubai gets negative outlook

Moody's Investors Service has downgraded the local and foreign currency deposit ratings of Commercial Bank of Dubai (CBD), a leading bank in the UAE, by one notch to A3/Prime-2 from A2/Prime-1. At the same time, Moody's has confirm


Negative outlook for Gulf real estate market

The outlook for the Gulf real estate market for 2009 is negative, reflecting tightening access to funding, declining demand and a need to preserve cash, says Moody's Investors Service in a new report. The report entitled 'Arabian G

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