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Falling oil prices could hit GCC infrastructure growthOil price declines could dampen economic growth in the GCC countries and weaken operating conditions in the corporate and infrastructure sectors, said Standard & Poor's Ratings Services in a report. A prolonged period of l More… |
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S&P to face probe over French rating errorAn erroneous downgrade of French sovereign credit rating by Standard & Poor's rating agency on Thursday was a very serious incident and will have to be investigated, the European Commission said. 'This is a very serious inciden More… |
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S&P parent McGraw-Hill to split into twoMcGraw-Hill, agreeing to investor demands, said on Monday it will divide itself into a markets data company that includes its Standard & Poor's ratings businesses and an education company for textbook publishing. The breakup of the min More… |
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Dewa gets lowest investment grade ratingDubai Electricity and Water Authority (Dewa), the monopoly state utility, has received the lowest investment grade rating of 'BBB-' from Standard & Poor's. The ratings agency said Dewa has been given the lowest investment g More… |
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Dewa gets lowest investment grade ratingDubai Electricity and Water Authority (Dewa), the monopoly state utility, has received the lowest investment grade rating of 'BBB-' from Standard & Poor's. The ratings agency said Dewa has been given the lowest investment g More… |
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S&P ratings boost for GIBStandard & Poor's Ratings Services (S&P) has affirmed Gulf International Bank's (GIB) long-term and short-term counterparty credit ratings at BBB+ and A-2 respectively and assigned a stable outlook. The bank was also removed from More… |
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Majid Al Futtaim gets stable outlookStandard & Poor's Ratings Services has assigned Dubai-based retail property company Majid Al Futtaim Holding (MAF Group) its 'BBB/A-2' long- and short-term corporate credit ratings with a stable outlook. The ratings agency also as More… |
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Mena debt servicing at risk says S&PSeveral sovereigns in the Middle East and North Africa could see negative ratings action in the near future and there is a risk that governments' willingness to service debt could be impacted, Standard & Poor's said on Monday. More… |
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Shamil cancels ratings by S&PShamil Bank, a wholly-owned subsidiary of Ithmaar Bank, a full service investment bank, has cancelled its Standard & Poors (S&P) ratings. The S&P had on Wednesday affirmed its 'BBB-/A-3' ratings on Shamil More… |
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BankMuscat funds receive top ratingsStandard & Poors, one of the world's foremost providers of independent credit ratings, indices, risk evaluation, investment research, data and valuations, has assigned its 'AA' (very high quality) rating to BankMuscat's Oryx Fund and 'A' (high More… |
