Ratings agency AM Best International has affirmed the financial strength rating A- and the issuer credit rating of “a-” of Bahrain Kuwait Insurance Company (BKIC), with stable outlook for both ratings. In a statement, AM Best said
The Islamic International Rating Agency (IIRA) has reaffirmed the ratings of Bank ABC Islamic at A+(bh) (Single A Plus)/A1(bh) (A One) on the national scale (long term and short term respectively), and A- (Single A Minus)/A2 (A Two) on the int
GFH Financial Group (GFH), the Bahrain based Islamic financial group, said it has received a long-term Issuer Default Rating (IDR) at 'B-' with a stable outlook from international credit rating agency Fitch.
Fitch has prim
Moody’s Investors Service has affirmed National Bank of Kuwait’s (NBK) long-term global local currency (GLC) deposit rating at Aa3, the highest in the Middle East and North Africa, with a stable outlook.
GFH Financial Group has announced that Capital Intelligence, the international credit rating agency, has affirmed GFH’s Long-Term Rating at ‘BB’ and Short-Term Rating at ‘B’. The outlook for GFH’s ratings ha
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
Moody's Investors Service recently downgraded to B2 the long-term deposit ratings of three Lebanese banks: Bank Audi, BLOM Bank and Byblos Bank.
Concurrently, Moody's lowered the baseline credit assessments of the th
Moody's Investors Service has upgraded the ratings of Aldar Properties, an Abu Dhabi real estate company, from Ba1 to Baa3.
Concurrently, the ratings agency upgraded the rating of the $750 million Trust Certificates due in 201
Islamic International Rating Agency (IIRA) has assigned international scale credit ratings to Bahrain-based Gulf Finance House (GFH) at 'BB' in the medium to long-term and at 'B' in the short-term.
On the national
Aldar Properties, a leading property development, investment and management company, said two of its national housing projects - Al Sila’a and Al Raha national housing - have won two Pearl Construction rating from Estidama Pearl Villa Rati