Friday 15 November 2024
 
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Credit rating

Pegasus Airlines receives credit rating upgrade

Pegasus Airlines' long-term credit rating was upgraded from B+ to BB- by Fitch Ratings on April 14 and from B to B+ by S&P Global Ratings (S&P) on May 23, following the airline’s strong financial performance in 2022.

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S&P Global upgrades Oman’s credit rating

S&P Global Ratings has upgraded Oman’s credit rating from “BB-”to “BB”, with stable future outlook due to improved fiscal performance of the state. S&P also cited other indices, including impr

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Insurance House maintains credit rating

Abu Dhabi’s Insurance House, a provider of insurance products, has maintained its Financial Strength of “B+” (Good) and Long-Term Issuer Credit Rating of “BBB-“ with a stable outlook for both; by AM Best, a global c

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Saudi Electricity Company gets Fitch credit rating upgrade

Saudi Electricity Company (SEC) has announced that it has got a credit rating upgrade from top ratings agency Fitch with a stable outlook.   The upgrade from A- to A matches Saudi Arabia's sovereign credit ra

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Saudi Electricity Company gets Fitch credit rating upgrade

Saudi Electricity Company (SEC) has announced that it has got a credit rating upgrade from top ratings agency Fitch with a stable outlook.   The upgrade from A- to A matches Saudi Arabia's sovereign credit ra

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Moody’s changes Oman outlook to stable

Moody’s Investor Service has changed the outlook on Oman’s credit rating to stable from negative and affirmed its rating at Ba3 in a new announcement. The change in outlook reflects the significant easing of pressures

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Masdar wins investment grade credit ratings

Moody's Investor Services and Fitch Ratings have assigned Masdar first-time credit ratings that place the company firmly in the investment grade category.   It is a significant milestone for one of the world&

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Masdar wins investment grade credit ratings

Moody's Investor Services and Fitch Ratings have assigned Masdar first-time credit ratings that place the company firmly in the investment grade category.   It is a significant milestone for one of the world&

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Taqa credit ratings upgraded by Moody’s and Fitch

Abu Dhabi National Energy Company (Taqa) said that international credit rating agencies Moody’s Investors Service and Fitch Ratings have upgraded its final issuer ratings by three notches to Aa3 from A3 and by two notches to AA- from A, re

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S&P affirms positive credit rating, outlook for Sharjah

The global credit ratings agency Standard & Poor’s (S&P) has recently reaffirmed the positive outlook of Sharjah’s economy, granting it ‘stable’ sovereign credit rating of BBB + / A-2in terms of local and foreign

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