Tuesday 19 March 2024
 
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Outlook

S&P affirms positive credit rating, outlook for Sharjah

The global credit ratings agency Standard & Poor’s (S&P) has recently reaffirmed the positive outlook of Sharjah’s economy, granting it ‘stable’ sovereign credit rating of BBB + / A-2in terms of local and foreign

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Saudi Arabia get top Moody's ratings, stable outlook

Moody's Investors Service has affirmed the Saudi government's long-term issuer and senior unsecured ratings at A1 with a stable outlook.   The affirmation of Saudi Arabia's A1 ratings is supported by

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Moody's changes Qatari banks' outlook to negative

Moody's Investors Service has changed the outlook on Qatar's banking system to negative from stable due to the weakening operating conditions and continued funding pressures facing Qatari banks. Moody's report, "B

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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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Egypt outlook stable says Moody's report

Moody's Investors Service has affirmed Egypt's long-term issuer and senior unsecured bond ratings at B3 and it said the outlook remains stable for the country. The rating affirmation is based on Moody's view that the B

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Global equities ‘under significant risk’

With the US economy likely late in its cycle, equity markets fully valued and increased volatility following the Brexit decision, there are significant risks to the outlook for global equities, an industry expert said. “Our

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Oil rebounds from two-month lows, outlook volatile

Oil prices rebounded on Friday, bouncing off two-month lows hit in the previous session when prices fell 5 per cent on news that the US weekly crude draw missed some forecasts. Traders said that the outlook looked volatile as a re

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Moody's upgrades Emaar ratings, outlook stable

Moody's Investors Service has today (June 16) assigned a Baa3 long-term issuer rating to Dubai-based real estate developer Emaar Properties and confirmed a stable outlook on all ratings. Concurrently, Moody's has upgraded

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Moody’s changes UAE outlook to negative

Moody’s recently confirmed the UAE's Aa2 rating and changed the outlook from stable to negative reflecting the lack of clarity around the formulation and implementation of government policies to arrest and reverse the large deficits an

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IIRA reaffirms positive outlook for GFH

Islamic International Rating Agency (IIRA) has reaffirmed GFH Financial Group’s (GFH) international rating as  ‘BB/B’ and its national scale rating as ‘BB+(bh)/B(bh)’ along with a ‘positive’ outlo

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