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A Moody’s sign on the 7 World Trade Center tower is photographed in New York. REUTERS/Mike Segar
Moody’s: Reduced Saudi Budget Deficit Credit Positive to Sovereign
Riyadh- Moody’s has affirmed that the drop in the Saudi budget deficit in the first six months of 2017 to less than the half compared to the same period in 2016 is a credit positive to the sovereign of the kingdom. Saudi Arabia has achieved a remarkable progress in...Caption:
Qatar’s Central Bank is seen in Doha in this general view taken November 9, 2011. (Reuters)
Moody’s: Qatar Govt. Capacity to Support Banks is Weak
London – Moody’s Investors Service has changed on Tuesday the outlook on Qatar’s banking system from stable to negative due to weak operating conditions and continued funding pressures facing its banks. The agency stated that this also depicts Qatar’s weak...Caption:
A Moody’s sign is photographed in New York. Reuters
Moody’s Negative Outlook Chases Qatar
London, Riyadh- For three consecutive days, Moody’s negative outlook for the country’s credit rating has been chasing the Qatari economy. From lowering the outlook for the public economy to lowering bank ratings, until downgrading the ratings of a number...Caption:
A Moody’s sign on the 7 World Trade Center tower is photographed in New York. REUTERS/Mike Segar