Dow Posts Weekly Loss; S&P, Nasdaq Extend Streak
U.S. stocks ended higher on Friday following strong trade data, though the Dow Jones Industrial Average posted a…
Browsing Tag
S&P
Gulf Banks Replace Europeans As Middle East Buyers, S&P Says
Gulf banks will remain big buyers of financial assets in the Middle East and North Africa, attracted by lower…
S&P Cuts 3 Egyptian Banks To ‘B-/C’ After Sovereign Action
The rating actions on NBE, BM, and CIB follow our lowering of the long-term ratings on the Arab Republic of Egypt…
Ringgit Sukuk Potential Big
Several recent landmark corporate and infrastructure sukuk by companies in the GCC issuing in Malaysian ringgit may…
S&P Revises Oman United Insurance’s Outlook To ‘Positive’ On Growth
Standard & Poor's Ratings Services last week revised its outlook on Oman-based insurer Oman United Insurance Co…
Egypt Credit Watch Rating Lifted: S&P
Standard & Poor’s has removed Egypt from its watch list and affirmed long and short-term foreign and local…
NBE, BM, CIB Ratings Affirmed At ‘B/B’
On Aug. 24, 2012, Standard & Poor's Ratings Services affirmed its 'B/B' long- and short-term counterparty…
S&P Reaffirms Albaraka Turk Participation Bank’s Credit Rating
Standard &Poors (S&P) reaffirmed Al Baraka Turk Participation Bank’s long term counterparty credit rating…
TEXT-S&P Lowers QBE General Insurance Rtg To ‘A’; Outlook Stable
The regulator has approved the sale of Hang Seng General Insurance to the QBE Insurance group. Hang Seng General…
Gulf Banks To Escape Eurozone Turmoil, Says S&P
Gulf banks are likely to continue their steady recovery from the 2008 crisis and remain isolated from eurozone…
