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N Africa stable outlook ‘reflects reform momentum’The stable outlook for sovereign creditworthiness in the Levant and North Africa in 2017 reflects the lower for longer energy price environment as well as the reform momentum in the region, despite political and security headwinds, says Moody More… |
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Kuwait's hydrocarbon wealth supports its economyKuwait's ample hydrocarbon assets will also provide a buffer allowing its public finances to withstand the impact of lower oil prices, said an industry expert. "Kuwait's government revenues are sensitive to oil price More… |
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Kuwait's hydrocarbon wealth supports its economyKuwait's ample hydrocarbon assets will also provide a buffer allowing its public finances to withstand the impact of lower oil prices, said an industry expert. "Kuwait's government revenues are sensitive to oil price More… |
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Moody's assigns first-time ratings to Invest BankMoody's Investors Service has assigned long and short term local and foreign currency deposit ratings of Baa3/Prime-3 to UAE-based Invest bank and a baseline credit assessment (BCA) of ba2. The long-term ratings carry a stable outlo More… |
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Moody's plans update to bond rating systemMoody's Investors Service is proposing changes to its global approach to rating covered bonds in light of proposed changes to its global bank methodology including the introduction of a new bank counterparty risk (CR) rating. More… |
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Moody's changes Jafza outlook to developingMoody's Investors Service today (May 9) changed Jebel Ali Free Zone’s (Jafza) outlook to developing from negative for the Corporate Family (CFR) and Probability of Default Rating (PDR). It also affirmed the B2 CFR and PDR as well as th More… |
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Moody's downgrades Arab Banking CorpMoody's Investors Service has downgraded the foreign currency deposit ratings of Bahrain-based Arab Banking Corporation (ABC) to Baa3/Prime-3 from A3/Prime-2. At the same time Moody's has lowered the bank's baseline credit assessment (BCA) More… |
