Tuesday 29 July 2014
 
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Oman's banking system outlook ‘stable’

Oman’s banking system outlook remains stable, said a Moody’s Investors Service report. The stable outlook primarily reflects the rating agency’s expectations of stable macroeconomic conditions that will support l

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Kuwait outlook remains stable: S&P

Standard and Poor's Ratings Services affirmed Kuwait's long and short-term foreign and local currency sovereign credit ratings at AA/A-1, with a stable outlook on Friday. The credit ratings agency said Kuwait has rich reso

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S&P upgrades Emaar corporate credit ratings

The long-term corporate credit rating on Emaar Properties, a leading developer, has been upgraded by Standard & Poor’s Rating Services to ‘BBB-’ from ‘BB+’ with a stable outlook. The rating reflec

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GCC banks' outlook stable, says report

The rating outlook for almost all banks in the GCC region is stable largely driven by the probability of sovereign support, said a report.   Regional unrest has a negative impact on banks' rating outlooks elsewhere in the

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SABB gets Fitch ratings boost

Fitch Ratings, a leading rating agency, has affirmed the Saudi British Bank’s (SABB) long term credit rating at “A” with a stable outlook. The ratings affirmation and outlook revision reflects SABB’s financ

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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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Saudi Arabian banking system stable: Moody’s

The outlook for the Saudi Arabian banking system is stable, said Moody's Investors Service in a report. The outlook, which has been stable since September 2009, reflects the benign operating environment, continued low problem

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Godolphin trainer to take over doping-hit stable

Godolphin trainer Saeed bin Suroor is taking over a training licence at the doping scandal-hit Moulton Paddocks operation temporarily until a new trainer is appointed, the racing stable said on Thursday. "The role is in addit

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Bahrain real estate sector 'bottomed out'

The real estate sector in Bahrain has ‘bottomed out’ in terms of rental rates and sale prices during the first quarter, and it is also clear that huge pent-up demand is waiting to cash in on the Bahrain upturn – when it happens

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Bahrain residential market 'picks up'

The activity in the residential market across Bahrain picked up during the fourth quarter with the apartment and villa rental rates registering solid growth, while secondary market sales continue to show modest gains, said a report. Lea

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