Moody’s

Saudi-based Al-Etihad Cooperative Insurance Co. has been awarded an A3 financial strength rating by Moody’s, reflecting the firm’s strong market position in the Kingdom. Moody’s attributed the A3 rating to Al-Etihad’s solid asset…
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Saudi banks will see their client base expand and earnings increase thanks to government-backed economic diversification efforts that are driving innovation and boosting productivity, according to a new report. According to Moody’s…
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Moody’s Investor Services has affirmed its AAA credit rating with a stable outlook for the Islamic Development Bank, driven by the financial institution’s robust asset performance. In a press release, IsDB said that its short-term issuer…
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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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Moody’s Investors Service has retained a positive outlook for Saudi Arabia’s banking sector thanks to the Kingdom’s economic diversification programs. In its latest report, the US-based credit rating agency said the demand for credit for…
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Marked improvements in Qatar’s fiscal metrics, coupled with a reduction in infrastructure spending, have prompted Moody’s Investors Service to upgrade the nation’s debt rating from “Aa3” to “Aa2.” This upgrade is further fueled by a…
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Saudi Arabia’s economic diversification efforts are set to continue to bear fruit as the Kingdom’s non-oil economy is projected to expand between 3 percent and 4 percent each year until 2030, according to an expert at Moody’s Analytics.…
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Lebanon’s steep economic distress has led US-based Moody’s Investors Service to uphold its rating to “C” in light of its bondholders’ losses likely to exceed 65 percent. According to Moody’s, the rating reflects the losses incurred due…
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Saudi Arabia’s economy is projected to expand at an average rate of 3.2 percent annually over the next three years, with significant growth expected in the non-oil sector, according to the global credit agency Moody’s. The US-based firm…
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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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