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
Moody's Investors Service has assigned Baa1 long-term and Prime-2 short-term local and foreign currency issuer ratings to Bahrain Islamic Bank (BisB).
It also assigned a D+ bank financial strength rating (BFSR) to the bank. The rating outl