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Moody's




  • Moody's upgrades Saudi British Bank's BFSR to C+

  • Moody's Investors Service has upgraded the bank financial strength rating (BFSR) of The Saudi British Bank ('SABB') to C+ from C, which translates into a Baseline Credit Assessment of A2. The outlook on the BFSR is stable.
  • Saudi Arabia: Thursday, June 05 - 2008 at 08:41
  • Moody's issues annual sovereign report on Kuwait

  • Kuwait's Aa2 foreign and local currency government bond ratings, with a stable outlook, are supported by the country's elevated GDP per capita, its substantial hydrocarbons endowment with the world's fourth largest proven oil reserves, its very wide fiscal and external current account surpluses and a substantial and growing net foreign asset position, Moody's Investors Service says in its new sovereign credit report on Kuwait.
  • Kuwait: Wednesday, June 04 - 2008 at 15:55
  • Moody's rates GGICO's EMTN Programme (P)Baa2

  • Moody's Investors Service has assigned aprovisional senior unsecured rating of (P)Baa2 to Gulf General Investment Company's (GGICO) proposed $600m EMTN Programme, which relates to all senior unsecured unsubordinated issuance under the Programme.
  • United Arab Emirates: Wednesday, June 04 - 2008 at 15:48
  • Moody's rates Gulf General Investment Company ('GGICO') Baa2 with a stable outlook

  • Moody's Investors Service has assigned long termlocal and foreign currency issuer ratings of Baa2 to Gulf General Investment Compan ('GGICO'), a Dubai based public shareholding company engaged in a number of diversified activities including real estate, manufacturing, insurance, hospitality, retail, and transport.
  • United Arab Emirates: Tuesday, June 03 - 2008 at 12:17
  • Moody's assigns (P)A1 rating to DEWA's proposed Dhs Sukuk

  • Moody's Investors Service has assigned a rating of (P)A1 to the proposed Sukuk transaction of Dubai Electricity & Water Authority (DEWA), to be issued through DEWA Funding Limited (DEWA Funding). The outlook is stable.
  • United Arab Emirates: Wednesday, May 28 - 2008 at 07:10


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