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GIB’s ratings affirmed by Capital IntelligenceCapital Intelligence Ratings has affirmed Bahrain-based Gulf International Bank’s (GIB) Long-Term Foreign Currency Rating at A+ and the Short-Term Foreign Currency at A1, with a ‘Stable’ outlook, reported the Gulf Daily New More… |
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Moody's upgrades Emaar ratings, outlook stableMoody'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 More… |
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Moody’s changes UAE outlook to negativeMoody’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 More… |
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IIRA reaffirms positive outlook for GFHIslamic 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 More… |
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Dubai Courts achieves 99pc partners’ satisfaction ratingDubai Courts has achieved a 99 per cent score in partners' satisfaction rating last year, according to a survey. A survey conducted by the Suggestion and Complaint Section of Dubai Courts’ Strategy an More… |
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Boost for Bahraini banks as Fitch affirms ratingsFitch Ratings has affirmed National Bank of Bahrain’s (NBB), Bank of Bahrain and Kuwait’s (BBK) and Arab Banking Corporation’s (ABC) long-term issuer default ratings (IDRs) at ‘BBB-’. Fitch has also affirmed Ahli More… |
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IIRA reaffirms Islamic Insurance Company takaful ratingsIslamic International Rating Agency (IIRA) has reaffirmed the Takaful Financial Strength (TFS) rating of The Islamic Insurance Company (IIC), Jordan, at ‘A’ (Single A). The outlook on the assi More… |
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Saudi debt insurance cost highest since 2009Concern about Saudi Arabia's ability to cope with low oil prices pushed the cost of insuring its sovereign debt against default on Tuesday to its highest level since June 2009, when the global financial crisis was raging. Five More… |
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Ascott Tahlia gets first five-star serviced residence ratingAscott Tahlia Jeddah, managed by leading accommodation owner-operator Ascott, has become the first serviced residence in Jeddah, Saudi Arabia, to be officially awarded with a five-star rating. Vincent Miccolis, Ascott’s area gener More… |
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Apicorp ratings outlook considered ‘stable’ by Moody’sArab Petroleum Investments Corporation (Apicorp) has been given a ‘stable’ credit ratings outlook in a new analysis published by Moody’s Investors Service. The research stated that Apicorp&rsq More… |
