The stable outlook for sovereign creditworthiness in the Levant and North Africa in 2017 reflects the lower for longer energy price environment as well as the reform momentum in the region, despite political and security headwinds, says Moody
Oman's A1 rating with stable outlook is based on the economy's robust growth outlook and the government's sound fiscal metrics, but both are vulnerable to a downturn in global oil prices, said Moody's Investors Service in a repor
Fitch Ratings has affirmed Abu Dhabi's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'AA' with a stable outlook.
The ratings agency has also affirmed Abu Dhabi's short-term foreign currency IDR at
Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's a week ago.
Fitch said the outlook for the rating w
Fitch Ratings has assigned an expected long-term rating of 'A' with a stable outlook to Qatar Islamic Bank (QIB) Sukuk Funding Limited's senior unsecured trust certificates, due in 2015.
QIB Sukuk Funding Limited is a special p
Moody's Investors Service has assigned first-time issuer ratings of A1 (for long-term debt) and Prime-1 (for short-term debt) to the Arab Petroleum Investments Corporation (Apicorp). The ratings have a stable outlook.
Apicorp is a multilat
Fitch Ratings has assigned the Saudi Electricity Company's (SEC) SR7 billion ($1.9 billion) Sukuk issue a final 'AA-' rating with stable outlook.
This follows the receipt of final documentation with terms and conditions conforming material
Ratings agency Standard & Poor's has reaffirmed Albaraka Banking Group's (ABG's) investment grade rating of BBB- / A-3 (short term) with a stable outlook.
ABG is a Bahraini joint stock company listed on Bahrain and Nasdaq D
Bahrain can continue to meet the economic challenges it faces despite having to deal with the impact of a lower oil price and global recession, says a new report published by Fitch Ratings.
It added that Bahrain ('A'/stab
Moody's Investors Service has assigned Aa2 long-term local and foreign currency issuer ratings to the Tourism Development and Investment Company (TDIC).
Abu Dhabi-based TDIC is a 100 [per cent government-owned entity established in 2005. T