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...
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...
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...
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...
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...
