Tag: S&P
S&P upgrades Saudi Arabia’s outlook from ‘stable’ to ‘positive’
American credit rating agency, Standard & Poors (S&P) has upgraded Saudi Arabia's outlook to ‘positive’ from ‘stable’ citing improving GDP growth and fiscal dynamics...
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...
Saudi Arabia expected to grow in 2021; S&P Report
The renowned global credit rating agency Standard & Poor's (S&P) expects the Saudi Arabian economy to resume growth in 2021.
Mr. Ravi Bhatia an analyst...
Tough 18 months ahead for GCC Banks; S&P
American credit rating agency, S&P Global Ratings has observed that banks in the GCC region face an uphill battle in the next 18 months...
Global banks could loss $2.1 trillion by 2021; S&P Global Report
Global credit rankings agency, Standard and Poor (S&P) estimates that banks around the world will face a combined credit loss of $2.1 trillion by...
Oman has a strong liquid fiscal and foreign currency stock reserves:...
Consistent with other similar credit rating services, Moody’s Creditors Service has dropped Oman's sovereign rating for the second time this year as a lower...
Abu Dhabi retains S&P’s ‘stable’ credit rating at AA/Stable/A-1+
Global credit rating agency Standard & Poor’s has retained Abu Dhabi’s credit rating at AA/Stable/A-1+ with a stable outlook in consideration to the impact...
Qatar stays at ‘AA-’; Outlook at ‘Stable’: S&P Global Ratings
American credit rating agency Standard and Poor's remains positive about Qatar and has affirmed its ‘AA-/A-1+’ long and short-term foreign and local currency sovereign...
