Tuesday 30 August 2016
 
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Moody’s Investor Service

Kuwait's hydrocarbon wealth supports its economy

Kuwait's ample hydrocarbon assets will also provide a buffer allowing its public finances to withstand the impact of lower oil prices, said an industry expert. "Kuwait's government revenues are sensitive to oil price

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Kuwait's hydrocarbon wealth supports its economy

Kuwait's ample hydrocarbon assets will also provide a buffer allowing its public finances to withstand the impact of lower oil prices, said an industry expert. "Kuwait's government revenues are sensitive to oil price

More…

Moody's assigns first-time ratings to Invest Bank

Moody's Investors Service has assigned long and short term local and foreign currency deposit ratings of Baa3/Prime-3 to UAE-based Invest bank and a baseline credit assessment (BCA) of ba2. The long-term ratings carry a stable outlo

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Moody's plans update to bond rating system

Moody's Investors Service is proposing changes to its global approach to rating covered bonds in light of proposed changes to its global bank methodology including the introduction of a new bank counterparty risk (CR) rating.

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Moody's changes Jafza outlook to developing

Moody's Investors Service today (May 9) changed Jebel Ali Free Zone’s (Jafza) outlook to developing from negative for the Corporate Family (CFR) and Probability of Default Rating (PDR). It also affirmed the B2 CFR and PDR as well as th

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Moody's downgrades Arab Banking Corp

Moody's Investors Service has downgraded the foreign currency deposit ratings of Bahrain-based Arab Banking Corporation (ABC) to Baa3/Prime-3 from A3/Prime-2. At the same time Moody's has lowered the bank's baseline credit assessment (BCA)

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