Aldar Properties, a leading property development, investment and management company, said two of its national housing projects - Al Sila’a and Al Raha national housing - have won two Pearl Construction rating from Estidama Pearl Villa Rati
Solidarity General Takaful, a subsidiary of the largest takaful groups in the world, Solidarity Group Holding, was assigned financial strength rating of B++ (good) and insurer credit rating of "bbb" by AM Best, both with a stable outlo
Moody's Investors Service has assigned a first-time provisional (P) Baa2 issuer rating to Emaar Malls Group (EMG) with a stable outlook.
EMG is a wholly-owned subsidiary of Emaar Properties (Emaar Group, Ba1 stable) and was es
Credit rating agency Capital Intelligence (CI) has affirmed National Bank of Bahrain's (NBB) long and short-term foreign currency ratings at 'BBB' and 'A2', respectively, on a 'stable' outlook.
Shuaa Capital, a leading financial services company in Dubai, said Moody's Investors Service has affirmed its long-term foreign and domestic currency issuer ratings of 'B1' and changed its outlook to stable from negative.
Standard & Poor's agency has cut the Netherlands' credit rating, thus reducing the euro zone club of full triple-A nations to just three, while rewarding Spain for efforts to reform its public finances.
The main credit rating of National Bank of Abu Dhabi, the largest lender in the emirate, was upgraded one notch by Standard & Poor's as the agency reclassified the bank as a government-related entity (GRE).
Bahrain has eceived a major vote of confidence as Fitch, a leading global financial monitor, affirmed the kingdom's key ratings and stated that the outlook is stable.
Fitch Ratings affirmed the kingdom's long-term foreign
Standard & Poor's downgraded Nokia further into junk territory, warning that the Finnish telecom firm's plan to take over Siemens' stake in their joint network equipment venture would strain its finances.