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S&P Global Rating affirms Saudi Arabia at ‘A/A-1’ with Stable Outlook

The international credit rating agency, S&P Global Rating has affirmed its foreign and local currency sovereign credit ratings of the Kingdom of Saudi Arabia...

GCC Banks’ strong investment supports resilience to cyber risk; S&P

GCC banks have laid the foundation to minimize their exposure to cyber risk through investments in digital security, according to the S&P Global Rating...

S&P affirms Kuwait’s credit ratings at A+ with negative outlook

The Standard and Poor's (S&P) global ratings affirmed its long- and short-term foreign and local currency sovereign credit ratings on Kuwait at "A+/A-1 with...

From Stable to Positive; S&P Global Ratings upgrades Oman’s Outlook

S&P Global Ratings, an American credit rating agency revised its outlook on Oman to Positive from Stable citing higher oil prices and fiscal reform...

S&P cuts Kuwait’s credit rating to A+ from AA- on lack...

Credit rating agency S&P Global Ratings has downgraded Kuwait’s rating for the second time in less than two years citing the Gulf state’s lack...

Global sukuk issuance to rise in 2021 following economic recovery: S&P

With the low-interest rates and great liquidity, the economy of GCC, Malaysia and Indonesia are expected to recover soon which in turn will spur...

GCC to post 2.5% economic growth between 2021-2023: S&P

Countries in the Gulf Cooperation Council (GCC) region will make a moderate economic recovery in the coming few years amid the expectation that the...
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