Browsing: Ratings

In its recent assessment, Fitch Ratings has highlighted the robustness of Kuwait’s banking sector, noting that banks in the country are well-capitalized

Fitch Ratings downgraded Israel’s long-term credit rating on Tuesday, citing the impact of the war in Gaza. Moody’s and S&P Global also cut their credit ratings

RIYADH: Moody’s Investor Services has affirmed its AAA credit rating with a stable outlook for the Islamic Development Bank, driven by the financial institution’s robust asset performance. 

RIYADH: A strong stock of government financial assets has cemented Kuwait’s standing as it secures an ‘A+’ rating from Standard & Poor.  

RIYADH: The UAE’s non-oil private sector growth remained steady in May, with the country’s Purchasing Managers’ Index holding firm at 55.4, unchanged from the previous month, an economy tracker showed. 

S&P expects a return to a sustainable fiscal path by 2027. The stable outlook signifies confidence in the government’s reform plans to strengthen its non-oil revenue base