Monday 21 April 2014
 
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Moody's

Sharjah gets big credit ratings boost

Sharjah's credit ratings received a major boost when two leading international rating agencies Moody’s and Standard & Poor’s (S&P) affirmed long-term ratings on the emirate with a stable outlook. Moody'

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Moody's gives stable rating for UAE's banking system

Moody's Investors Service said that outlook for the UAE's banking system has been changed to stable from negative. The outlook change reflected the continued improvements in the operating environment and the ongoing recove

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Global economy sees greater stability: Moody’s

After a sustained period of turbulence in economic and financial markets, the global economy now looks set for somewhat greater stability over the coming years, said a Moody's report. The Moody's Investors Service said in

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Moody's cuts Egypt rating on 'unsettled' conditions

  Moody's Investors Service on Thursday downgraded Egypt's sovereign foreign currency credit rating to Caa1 form B3, citing unsettled political conditions, and said risks of a default have increased.  

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Moody's cuts Egypt rating, cites unrest

  Ratings agency Moody's cut Egypt's credit rating, citing doubts about its ability to secure International Monetary Fund support and the economic impact of a new round of political unrest.

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