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stable outlook

Fitch puts Bank ABC’s Long-Term Issuer Default Rating at BB+

Fitch Ratings has affirmed Bank ABC’s Long-Term Issuer Default Rating (IDR) at ‘BB+’ with a ‘Stable Outlook’ in addition to its Viability Rating at ‘bb+’ driven by the bank’s standalone strength.

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Saudi economy set for rebound in 2021-2014: S&P

Higher oil prices, an easing of Opec production quotas, and widespread vaccine rollout, will drive a rebound in Saudi Arabia’s economic growth in 2021-2024, said S&P Global Ratings in a new report. S&P Global Ratings

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S&P affirms stable outlook on Saudi Arabia

S&P Global Ratings recently affirmed stable outlook for Saudi Arabia, indicating that S&P expects the kingdom’s relatively strong government and external balance sheets to continue to support the ratings. S&P als

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Fitch assigns AA rating with stable outlook to Apicorp

The Arab Petroleum Investments Corporation (Apicorp), a multilateral development financial institution, said that Fitch Ratings has assigned it a Long-Term Issuer Default Rating (IDR) of ‘AA’ with a Stable Outlook. Acc

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GFH gets top S&P Global ratings with stable outlook

GFH Financial Group (GFH) has announced that S&P Global Ratings has initiated coverage and assigned it with a 'B' long-term issuer credit rating with a stable outlook.   The rating comes in line with the GFH’

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UAE developer Azizi gets stable outlook from Fitch

Azizi Developments, a leading private developer in the UAE, was awarded the rating of ‘BB-’ with a stable outlook by Fitch, one of the highly esteemed big three global credit rating agencies. This was the first time th

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GFH gets stable outlook rating from CI Ratings

Bahrain’s GFH Financial Group announced today (September 27) that Capital Intelligence Ratings (CI Ratings), the international credit rating agency, has affirmed its long term rating to ‘BB’, while maintaining the short-term ra

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Kuwait's sovereign credit ratings get stable outlook

Leading ratings agency S&P Global Ratings has affirmed its 'AA/A-1+' long- and short-term foreign and local currency sovereign credit ratings on Kuwait with a stable outlook.   The stable outlook refl

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Moody's assigns stable outlook rating to Saudi Re

Moody's Investors Service has assigned an A3 insurance financial strength rating (IFSR) to Saudi Re For Cooperative Reinsurance Company (Saudi Re). The outlook for Saudi Re is stable. Based in Saudi Arabia, Saudi Re writes rei

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Saudi Arabia's stable outlook reflects strong fiscals

Saudi Arabia's (A1 stable) credit strengths include a strong fiscal position; substantial external liquidity buffers; a large stock of proved oil reserves combined with low extraction costs; and prudent financial system regulation, said Mood

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