Tuesday 4 August 2015
 
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Rating

Moody's assigns P-1 rating to NBAD programme

Moody's Investors Service has assigned a Prime-1 short-term foreign and local currency ratings to the $5 billion euro-commercial paper (ECP) programme of National Bank of Abu Dhabi (NBAD). The rating alignment reflects two pri

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NBK gets top credit ratings, stable outlook

Standard & Poor's Ratings Services has affirmed its 'A+/A-1' long- and short-term counterparty credit ratings on National Bank of Kuwait (NBK) with a stable outlook. In its report, Standard & Poor’s said

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Pearl-Qatar’s Porto Arabia Marina wins top rating

Ronautica Middle East (RME), a wholly-owned subsidiary of United Development Company (UDC) and operator/manager of The Pearl-Qatar’s three marinas, said Porto Arabia Marina has won ‘5 Gold Anchors’ rating from the Gold Anchor A

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Pearl-Qatar’s Porto Arabia Marina wins top rating

Ronautica Middle East (RME), a wholly-owned subsidiary of United Development Company (UDC) and operator/manager of The Pearl-Qatar’s three marinas, said Porto Arabia Marina has won ‘5 Gold Anchors’ rating from the Gold Anchor A

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Etihad welcomes 'A' rating by Fitch

Etihad Airways, the national carrier of the UAE, has been assigned the rating of ‘A’ with a Stable Outlook, by Fitch Ratings, a leading credit ratings agencies. Fitch Ratings issued the Long-term Issuer Default Rating

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Bosch backs UAE’s move to rate garages

Government plans to regulate the UAE’s car service industry by awarding garages three-, four- or five-star ratings based on a new set of criteria have been welcomed by Bosch, a leader in automotive service and spare parts. T

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Silver Peak wins 5-start rating in CRN’s directory

Silver Peak, a leader in building software-defined WANs (SD-WAN), has won a five-star rating in The Channel Company’s (CRN) 2017 Partner Program Guide. This annual directory is the definitive listing of technology vendors th

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S&P downgrades oil producer Afren

Standard & Poor's downgraded Afren, becoming the second major ratings agency to warn of the oil producer's imminent default.   Afren has lost more than 90 per cent of its market value, or about 1.5 bi

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Fitch affirms GIB's long-term ratings

Fitch Ratings has affirmed Gulf International Bank's (GIB) long-term issuer default ratings (IDRs) at 'A' and the viability rating (VR) at 'bbb-'. The outlook for the long-term IDR is stable, said a report in

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Key international ratings boost for Al Baraka

Dagong Global Credit Rating Company and Islamic International Rating Agency (IIRA) have jointly assessed the international scale credit rating of Al Baraka Banking Group (ABG) at 'BBB+/A3' (Triple B Plus / A Three). In add

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