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S&P upgrades Emaar corporate credit ratingsThe 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 More… |
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SABB gets Fitch ratings boostFitch 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 More… |
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Bahrain urged to curb public debtBahrain must drastically curb and reduce public debt - or face a potential crisis. This warning has come in the audit report, which fears an international ratings downgrade if swift action is not taken. The National Audit Office R More… |
Moody's upgrades Dubai Holding unit ratingMoody's Investors Service has upgraded the corporate family rating (CFR) of Dubai Holding Commercial Operations Group (DHCOG) to B1 from B2 and the company's probability of default rating (PDR) to B1-PD from B2-PD. Concurr More… |
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Moody's downgrades Bahrain ratingMoody's Investors Service today downgraded Bahrain's government issuer rating by one notch to Baa2 from Baa1, and assigned a negative outlook to the rating. T More… |
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ABC Islamic rating reaffirmedThe Islamic International Rating Agency (IIRA) has reaffirmed ratings assigned to ABC Islamic Bank at A+/A-1 (Single A Plus/A-One) on the national scale and A-/A-2 (Single A Minus/A-Two) on the international scale. More… |
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Al Hilal Bank gets ratings boostMoody's Investors Service, a global bond credit rating business, has assigned A1/Prime-1 issuer ratings to Abu Dhabi-based Al Hilal Bank. It has also assigned a standalone bank financial strength rating (BFSR) of D, which is e More… |
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Abu Dhabi school awarded green certificateCranleigh Abu Dhabi, a UK-based school, has received the Two Pearl Design Rating Certificate for the extensive energy modelling and development of operational strategies for energy, water and waste management within its premises. More… |
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Abu Dhabi school awarded green certificateCranleigh Abu Dhabi, a UK-based school, has received the Two Pearl Design Rating Certificate for the extensive energy modelling and development of operational strategies for energy, water and waste management within its premises. More… |
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GFH wins ‘positive outlook’ rating from CIBahrain-based Gulf Finance House (GFH), a top Islamic investment bank, has been accorded a long-term and short term corporate rating of BB- and B respectively with a ‘positive outlook’ by Capital Intelligence (CI). In More… |
