Moody's

Moody's comments on Gulf conglomerates and investment holding companies
Moody's Investors Service notes that conglomerates and investment holding companies make up a high proportion of the corporate landscape in the Arabian Gulf countries, and expects a growing number of such companies to request for credit ratings over the short and medium term as they raise debt to diversify their portfolios.
United Arab Emirates: Wednesday, October 17 - 2007 at 16:08

Moody's rates TAQA North guaranteed Bonds (P)Aa2
Moody's Investors Service has assigned ratings of (P)Aa2 to bonds issued by TAQA North Limited, the Canadian subsidiary of Abu Dhabi National Energy Company (also known as TAQA). The outlook is stable.
United Arab Emirates: Wednesday, October 17 - 2007 at 15:05

Moody's assigns (P)Aa2 rating to TAQA's Global Notes Programme
Moody's Investors Service has assigned a (P)Aa2 rating to the Global Medium Term Note Programme (GMTN) to be issued by Abu Dhabi National Energy Company, also known as TAQA. The outlook is stable.
United Arab Emirates: Tuesday, October 16 - 2007 at 08:48

Moody's issues annual report on Jordan
In its annual report on Jordan, Moody's Investors Service says its Ba2 foreign currency government bond rating is underpinned by generally sound economic policies, robust growth and comfortable external liquidity but is constrained by low GDP per capita, an oversized albeit easing public debt, and the country's vulnerability to exogenous shocks.
Jordan: Monday, October 08 - 2007 at 11:44

Moody's assigns Prime-1 rating to LOC-Backed USCP program of ICICI Bank Limited
Moody's Investors Service has assigned a Prime-1 rating to the commercial paper issued by ICICI Bank Limited (ICICI, rated Ba2/NP/C-) through its $500m fully supported commercial paper program.
United Arab Emirates: Wednesday, October 03 - 2007 at 13:36

Moody's affirms Bank Muscat's ratings; outlook remains stable
Moody's Investors Service has affirmed the ratings of Bank Muscat(BM), following the announcement that Dubai Financial Group (DFG) will take a 15% stake in the bank.
Oman: Wednesday, October 03 - 2007 at 08:28

Moody's reports: Negative outlook for Lebanese Banking system reflects fragile political environment combined with high sovereign exposure
The negative outlook for the rated Lebanese banks reflects the country's fragile political environment combined with their high sovereign exposure, limiting the evolution of the banks' ratings, says Moody's Investors Service in its new Banking System Outlook for Lebanon.
Lebanon: Monday, September 24 - 2007 at 15:52

Moody's comments: Emaar ratings unchanged following decision to abandon share-for-land deal
Moody's Investors Service commented today that the A3 issuer ratings of Emaar Properties (Emaar) remained unchanged following the company's announcement that it had called off a proposed transaction with Dubai Holding that would have provided it with land in exchange for a greater indirect government stake.
United Arab Emirates: Monday, August 27 - 2007 at 13:55