Tuesday 5 November 2024
 
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S and P

Fujairah appoints S and P Global Platts to distribute data

Fujairah, which hosts the Middle East’s largest commercial storage capacity for refined oil products, has appointed S and P Global Platts to distribute the emirate’s weekly inventory data. The data distribution, starti

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Fitch affirms US AAA rating

Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's a week ago. Fitch said the outlook for the rating w

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S&P to calculate NBAD Islamic Index

The asset management group at National Bank of Abu Dhabi (NBAD) has signed up Standard &Poor’s Custom Indices for the calculation and maintenance of the NBAD UAE Listed Islamic Index. The index has been developed and maintained by NBAD

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S&P downgrades Oman United Insurance ratings

Standard & Poor's Ratings Services on Wednesday lowered its long-term counterparty credit and insurer financial strength ratings on Oman United Insurance Company (OUIC) to 'BBB-' from 'BBB', but said the outlook was stable.

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S&P downgrades Saad Group outlook

Standard & Poor's has revised its outlook on Saudi-based Saad Group and related entities, to negative from stable owing to its view of increased real estate exposure resulting in reduced liquidity and geographic diversity of its port

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