Tuesday 19 March 2024
 
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sovereign ratings

Saudi currency sovereign ratings get stable outlook

S&P Global has affirmed 'A-/A-2'  long- and short-term foreign and local currency sovereign ratings on Saudi Arabia and has given the kingdom a stable outlook.   The outlook is based on expectati

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Mena sovereign ratings continue decline

Overall sovereign creditworthiness in the Mena region has continued to deteriorate, according to a report from S&P P Global Ratings, a leading provider of independent credit ratings. The report titled "Middle East And Nor

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Mena sovereign ratings on the decline

The sharp drop in oil prices since mid-2014 is likely to lead to weakening economic, external and fiscal profiles for the region, particularly for the GCC, said a new analysis released by Standard & Poor’s. However, of t

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Moody's to review Bahrain for possible downgrade

Moody's Investors Service said they have placed Bahrain's A3 government bond ratings on review for possible downgrade. Today's rating action was motivated by Moody's concern that the ongoing political turmoil in Bahrain has

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S&P raises Qatar long term sovereign ratings

Standard & Poor's Ratings Services said today that it raised its long-term sovereign ratings on the State of Qatar to 'AA' from 'AA-'. At the same time, the 'A-1+' short-term ratings were affirmed. The outlo

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