Previously, to be eligible for a loan from Moscow, a country could not be categorized in the sixth or lower credit risk groups according to the Organization for Economic Co-operation and Development (OECD) standards.
Gaza conflict: Fitch places Israel’s IDR on rating watch negative
London, United Kingdom -- Fitch Ratings has placed Israel's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) of 'A+' on Rating Watch Negative (RWN).This decision also extends to Israel's Short-Term Foreign- and Local-Currency IDRs of 'F1+' and the issue ratings of 'A+' on the nation's long-term foreign currency senior unsecured...
Fitch upgrades Saudi Arabia’s rating to A+ with Stable Outlook
Dubai, UAE -- Fitch Ratings has recently upgraded its Saudi Arabia’s rating to 'A+' with a Stable Outlook. The agency indicated in its report that this rating upgrade reflects the kingdom's strong fiscal and external balance sheets with large sovereign net foreign assets compared to ‘AA’ median and debt/GDP half...
Moody’s lowers Egypt rating to B3, changes outlook to stable
Cairo, Egypt-- Moody's has lowered Egypt's sovereign rating by one notch to B3 from B2 on Tuesday, citing the country's reduced external buffers and shock absorption capacity. The agency changed its outlook for Egypt to stable from negative. "Moody's does not expect Egypt's liquidity and external positions to rebound quickly," the...
DP World gets rating upgrade
The boost is seen as key for its long-term growth plans.
Saudi Re bags A3 rating
The firm got top rating with a stable outlook from Moody's.Dubai eateries earn Middle East’s first Michelin stars
Created in 1900 by the brothers Andre and Edouard Michelin of the tyre company Michelin for motorists, the guide has become a reference for food lovers.
Fitch says outlook on Moroccan banks’ operating environment stable
Fitch Ratings has upgraded to AA(mar)/Stable the rating of Morocco’s Attijariwafa Bank (AWB), one of the five Moroccan banks whose peer review was recently completed by the ratings agency and which account for approximately 77 percent of Morocco's banking system assets. AWB’s rating reflects the bank's extended record of resilient...
Fitch upgrades Saudi Electricity Company’s rating after improved record
Fitch Solutions has upgraded the Saudi Electricity Company's credit rating from A- to A with a stable outlook, an upgrade that matches the Kingdom of Saudi Arabia's sovereign credit rating. The international agency emphasized that the new classification was driven by the result of the improvement of the company's independent...Abu Dhabi University earns 5 star rating for online learning
Abu Dhabi University (ADU) has earned the highest rating of 5 stars by Quacquarelli Symonds - QS Stars Rating for 2021.
S&P revises Oman’s credit rating to positive on the back of fiscal improvement
S&P has revised up Oman’s credit outlook to positive from stable on the expectation that the sultanate’s reform program will limit increases in government debt in the coming years.
Saudi telecom firm stc gets higher rating from Moody’s for ‘strong financial metrics’
Moody’s, the bond credit rating firm, has upgraded the Baseline Credit Assessment (BCA) of Saudi Arabia’s stc, saying it has maintained “very strong financial metrics.
