Thursday 18 September 2014
Moody’s Investor Service

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


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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