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Fitch affirms UAE at 'AA-'; outlook stable, GDP growth to slowFitch Ratings has affirmed the UAE’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook even as overall GDP growth will slow to 3.1% in 2024 and pick up to 4.9% in 2025 after 3.6% in 2023. More… |
Oman ‘set to regain investment-grade rating in 2024’Standard Chartered forecasts that Oman’s continued improvements in fiscal performance, deleveraging and commitment to reform could enable the sultanate to regain its investment-grade rating as early as 2024. More… |
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Oman upgraded to 'BB+' From 'BB'; outlook stable: S&PS&P Global Ratings has raised its long-term foreign and local currency sovereign credit ratings on Oman to 'BB+' from 'BB'. “We affirmed the short-term ratings at 'B'. Th More… |
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Broadening BRICS may have limited economic benefits: S&PS&P Global Ratings expects a limited near-term economic boost for member countries from the planned expansion of BRICS next year, which could include among others Saudi Arabia and the UAE, according to a new report. “We do not curren More… |
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Fitch Ratings revises up OQ’s standalone credit profile to ‘bbb-’Fitch Ratings, the international credit rating agency, has upgraded OQ's standalone credit profile (SCP) from ‘b+’ to ‘bbb-’ and reaffirmed the Long-Term Issuer Default Rating (IDR) at 'BB', with positive ou More… |
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Fitch Ratings revises up OQ’s standalone credit profile to ‘bbb-’Fitch Ratings, the international credit rating agency, has upgraded OQ's standalone credit profile (SCP) from ‘b+’ to ‘bbb-’ and reaffirmed the Long-Term Issuer Default Rating (IDR) at 'BB', with positive ou More… |
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Aramco's long-term IDR gets Fitch ratings upgradeFitch Ratings has upgraded Saudi oil giant Aramco's long-term foreign- and local-currency issuer default ratings (IDR) to 'A+' from 'A' with stable outlook. This follows the upgrade of Saudi Arabia (A+/Stable). More… |
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GFH gets key S&P ratings upgrade on 'resilient business'GFH Financial Group, a leading regional financial group with interests in key sectors such as real estate and asset management, today (December 27) announced that its long-term issuer credit rating has been raised by S&P Global Rating More… |
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GFH gets key S&P ratings upgrade on 'resilient business'GFH Financial Group, a leading regional financial group with interests in key sectors such as real estate and asset management, today (December 27) announced that its long-term issuer credit rating has been raised by S&P Global Rating More… |
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Fitch downgrades 25 Turkish banks; outlook negativeFitch Ratings has downgraded 25 Turkish banks' Long-Term Foreign-Currency (LTFC) Issuer Default Ratings (IDRs) to 'B-' from 'B'. The agency has also downgraded the Long-Term Local Currency (LTLC) IDRs of 25 banks and the Vi More… |
