Middle-east Arab News Opinion | Asharq Al-awsat

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A man walks past a branch of Qatar National Bank (QNB) in Riyadh, Saudi Arabia, June 5, 2017. REUTERS/Faisal Al Nasser

Qatari Banks to Undergo Short-Term Deposit’ Drying up

by Fatah Al-Rahman Youssef | Jun 13, 2017 | Business

Riyadh – Economists expect Qatari banks to undergo their toughest stage in the coming days and to enter the phase of international institutions’ short-term deposits drying up amid the rise of Qatar interest rate index, knowing that the lending cost is the...

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A view shows the Standard & Poor’s building in New York’s financial district February 5, 2013. REUTERS/Brendan McDermid

Standard and Poor’s Upgrades Turkey’s Outlook to ‘Stable’

by Saeed Abdelrazek | Nov 6, 2016 | Business

Ankara- Turkey’s outlook was revised up to ‘stable’ from ‘negative’, global ratings agency Standard & Poor’s (S&P) said. Turkey’s foreign and local currency credit ratings, meanwhile, remained unchanged at...

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This undated file photo shows the Riyadh skyline. (Asharq Al-Awsat)

Moody’s holds Saudi Arabia’s credit rating, says fiscal position still strong

by Shuja Al-Baqmi | Nov 4, 2015 | Business

Riyadh, Asharq Al-Awsat—Saudi Arabia’s fiscal position remains strong, according to global credit ratings agency Moody’s, which on Monday said it would not change the Kingdom’s credit rating. Moody’s said Saudi Arabia’s existing assets would be able to provide a...

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A undated file photo shows the Sharjah skyline (Reuters/File Photo)

Sharjah receives first-ever sovereign credit ratings

by Asharq Al-Awsat | Jan 9, 2014 | Business

London, Asharq Al-Awsat—Sharjah received its first-ever sovereign credit ratings on Wednesday from international credit rating agencies Moody’s and Standard & Poor’s (S&P). Moody’s gave the Gulf emirate, which is the third-largest economy in the UAE, a...

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File photo of the Riyadh skyline. (AAA)

Islamic Development Bank scores high on credit ratings

by Asharq Al-Awsat | Dec 29, 2013 | Business

London, Asharq Al-Awsat—International ratings agencies Standard & Poor’s (S&P), Fitch Ratings and Moody’s have all awarded Jeddah-based Islamic Development Bank (IDB) their highest long-term and short-term credit rating scores, making the bank the most...