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 reports: Middle East inflation surge sharpens fiscal and political risks
- High and accelerating inflation could potentially hit some Middle East sovereign ratings as it sharpens political and economic risks, Moody's Investors Service says in a new Special Comment.
- Middle East: Thursday, June 05 - 2008 at 08:05

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

Moody's Investors Service has assigned Aa2.lb/LB-1 Lebanese National Scale Ratings to Banque Bemo sal
- Moody's Investors Service has assigned Aa2.lb/LB 1 Lebanese National Scale Ratings (NSRs) to Banque Bemo sal (Bemo).
- Lebanon: Thursday, May 22 - 2008 at 15:53

Moody's assigns Baa2/P-3 ratings to SHUAA Capital psc
- Moody's Investors Service has assigned Baa2 long-term and Prime-3 short-term foreign currency and local currency issuer ratings to SHUAA Capital psc ('SHUAA'). The outlook on all ratings is stable.
- United Arab Emirates: Wednesday, May 21 - 2008 at 13:15




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