Sunday 24 September 2017
 
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Moody's

Moody's cuts Omani banking system ratings

Moody's Investors Service has downgraded its outlook on Oman's banking system to negative from stable, thus reflecting a reduction in the government's capacity to support the country's banks, as well as softer economic growth and

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Moody's cuts nine Qatari banks' long-term ratings

Moody's Investors Service has downgraded the long-term ratings of nine banks in Qatar from stable to negative. The ratings agency also affirmed the banks' baseline credit assessments (BCA), adjusted BCAs and Counterparty Risk Assessments

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Moody's cuts nine Qatari banks' long-term ratings

Moody's Investors Service has downgraded the long-term ratings of nine banks in Qatar from stable to negative. The ratings agency also affirmed the banks' baseline credit assessments (BCA), adjusted BCAs and Counterparty Risk Assessments

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Outlook bleak for ME, Turkish nonfinancial corporates

Low economic growth, weak consumer and business confidence, and foreign exchange volatility will keep the overall outlook for Middle Eastern nonfinancial corporates and their Turkish and South African counterparts in 2017 negative, according to

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Saudi reforms 'can cut deficits; boost growth'

Full implementation of the planned fiscal and economic reforms by Saudi Arabia will lead to smaller deficits, a lower than currently projected debt burden, and higher growth that could exert upward pressure on the kingdom's rating, Moody'

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Moody's cuts key GCC debt ratings

Moody's Investors Service cut its debt ratings for Saudi Arabia, Oman and Bahrain on Saturday while assigning negative outlooks to three neighbouring states - UAE, Kuwait and Qatar - as low oil prices continue to undermine government finance

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Moody's warns of oilfield, drilling sector slump

The global oilfield services and drilling industry continues to endure a severe downturn as depressed energy prices prolong reduced spending by exploration and production (E&P) companies, said a leading rating agency. As credi

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Moody's warns of oilfield, drilling sector slump

The global oilfield services and drilling industry continues to endure a severe downturn as depressed energy prices prolong reduced spending by exploration and production (E&P) companies, said a leading rating agency. As credi

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As oil prices weaken, GCC to see slow growth, budget deficit increase

Lower oil prices will slow growth and increase budget deficits in oil-exporting Gulf Cooperation Council (GCC) countries this year, eroding their fiscal reserve buffers and increasing debt, according to a report.  

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As oil prices weaken, GCC to see slow growth, budget deficit increase

Lower oil prices will slow growth and increase budget deficits in oil-exporting Gulf Cooperation Council (GCC) countries this year, eroding their fiscal reserve buffers and increasing debt, according to a report.  

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