Friday 1 July 2016
 
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Outlook

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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As oil prices weaken, GCC to see slow growth, budget deficit increase

Lower oil prices will slow growth and increase budget deficits in oil-exporting Gulf Cooperation Council (GCC) countries this year, eroding their fiscal reserve buffers and increasing debt, according to a report.  

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As oil prices weaken, GCC to see slow growth, budget deficit increase

Lower oil prices will slow growth and increase budget deficits in oil-exporting Gulf Cooperation Council (GCC) countries this year, eroding their fiscal reserve buffers and increasing debt, according to a report.  

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Bahrain offers ‘lowest operating costs’

Bahrain offers the region’s lowest operating costs for the financial sector, Economic Development Board (EDB) chief executive Khalid Al Rumaihi told business leaders and investors at a monthly majlis event held recently, said a report in

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Asian shares slip as bank fears add to global gloom

Asian shares slipped on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets. &nb

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Oil ends 2015 in downbeat mood; outlook bleak

Oil prices headed for a second year of steep losses, despite inching up fractionally in the last trading hours of 2015, as record Opec supply created an unprecedented global glut that may take another year to clear. US West Texas

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GCC firms growing despite challenging business climate

Senior business leaders in the Gulf Cooperation Council (GCC) are optimistic about the economic outlook despite historically low oil prices and anticipated governmnt spending cuts that coul contribute to tougher market conditions next year, ac

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Oil industry slipping into the red as outlook dims

The oil sector is gradually slipping into the red after years of fat profits as the slump in oil prices and a grim outlook bite deeper.   The world's top oil companies have struggled in recent months to cope

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