credit rating

Bahrain’s commitment to fiscal consolidation has witnessed S&P Global Ratings reaffirm its “B+/B” credit standing with a stable outlook despite challenges in 2023. However, the agency added that the transfer and convertibility…
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Moody’s, the global credit rating agency, has affirmed Saudi Arabia’s credit rating at ‘A1’ with positive outlook, reported the Saudi Press Agency on Saturday. The rating affirmation is based on Moody’s assessment of the government’s…
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Oman’s improved fiscal position prompted international credit rating agency S&P Global to upgrade the country’s outlook from stable to positive. It also affirmed the long- and short-term foreign and local currency sovereign credit…
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Qatar’s long-term foreign currency issuer default rating has been upgraded to ‘AA’ with a stable outlook by Fitch Ratings, driven by the country strengthening its external balance sheet. In its latest report, the credit rating agency…
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Saudi insurer Tawuniya’s credit rating has been upgraded from A- to A with a “Stable” outlook by S&P Global, citing an improved capital adequacy ratio. The agency underscored that the key impetus for the change lies in Tawuniya’s…
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The US ratings agency Moody’s has put the Israeli government’s A1 credit ratings on review for downgrade, citing the “unexpected and violent conflict between Israel and Hamas.” The severity of the conflict, sparked by the deadly attack…
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Reflecting Oman’s commitment to fiscal stability, US-based Fitch Ratings upgraded the Gulf nation’s long-term foreign currency issuer default rating to “BB+” from “BB.” According to the agency, the Omani government’s dedication to…
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Standard & Poor’s (S&P) confirmed its credit rating for Saudi Arabia in local and foreign currencies to “A/A-1” with a stable outlook in its recently issued report, Saudi Press Agency reported on Saturday. The agency explained…
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