Tag: Moody’s
FAB retains top MENA bank ratings with stable outlook
First Abu Dhabi Bank (FAB) has reinforced its position as the highest-rated banking group in the MENA region and among the highest-rated globally, with...
Stable A1; UAE-based Senaat gets a rating boost from Moody’s
Moody's, a global credit rating agency, has upgraded one of the UAE's largest industrial investment holding companies, Abu Dhabi's General Holding Corporation's (Senaat) issuer...
Moody’s raises Saudi’s outlook to ‘stable’; Confirms A1 rating
Moody’s, an international credit rating agency, has changed Saudi Arabia’s outlook from ‘negative’ to ‘stable’ while confirming the country’s rating at A1.
The economy of...
UAE’s Masdar achieves its first credit ratings from Moody’s & Fitch
Masdar, one of the world's fastest-growing renewable energy companies, has received its first credit ratings from Moody's Investor Services and Fitch Ratings, placing it...
Moody’s upgrades baseline credit assessment of Saudi Telecom Company
Saudi Telecom Company's (STC) baseline credit assessment has been upgraded from a2 to a1 by Moody's Investor Service, a bond credit rating company, citing...
Oman’s cost-cutting steps helped to lower public spending by 2.1% in...
Actual revenues accumulated by the Omani government in 2020 have touched $22.09 billion, a 20.5 percent decline from estimates for the year. However, the...
Moody’s assigns Abu Dhabi’s ADQ Aa2 rating
US-based Moody’s Investors Service (Moody's) assigned its third-highest investment grade rating to Abu Dhabi's state holding company, ADQ, the same level given to the...
Saudi’s surging female workforce spurs non-oil economic growth: Moody’s
A recent report from global rating agency Moody’s suggests that the increasing female participation in Saudi Arabia’s labor force could drive non-oil economy growth...
