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A service for global professionals · Friday, May 20, 2022 · 573,252,064 Articles · 3+ Million Readers
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Middle East Credit Rating Newswire

  • Published on May 17, 2022

    Arada builds foundation for long-term growth with successful award of credit ratings

    SHARJAH, 17th May, 2022 (WAM) -- Moody’s Investor Services and Fitch Ratings have assigned Arada first-time credit ratings, which provide a strong foundation for the UAE developer to cement its long-term growth. The successful award of the ratings, just …

    Source: Emirates News Agency - Gov't Propaganda
  • Published on May 17, 2022

    Arada builds foundation for growth with award of credit ratings

    Sharjah 24: Moody’s Investor Services and Fitch Ratings have assigned Arada first-time credit ratings, which provide a strong foundation for the UAE developer to cement its long-term growth. The successful award of the ratings, just five years since the …

    Source: Sharjah24 - Pro-Government
  • Published on May 18, 2022

    Lebanon’s Elections Promise Change And Reforms – OpEd

    By Dr. Abdel Aziz Aluwaisheg * The official results are out for Lebanon’s parliamentary elections, which were held on Sunday. They indicate significant changes in the country’s political landscape. The pro-Iran, pro-Hezbollah bloc appears to have lost its …

    Source: Eurasia Review - Uncategorized
  • Published on May 18, 2022

    Sarkhou: What differentiates Kamco Invest is the quality of its earnings and its diversified revenue model

    Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, held its virtual investors’ conference on Tuesday 17th of May 2022 for analysts and the Company’s shareholders and bondholders to discuss the Company’s …

    Source: Al Bawaba - Neutral
  • Published on May 15, 2022

    S&P affirms Israel’s AA- rating, citing resilient economy despite security risks

    Credit rating agency Standard & Poor’s (S&P) has kept Israel’s favorable rating unchanged at AA- with a “stable” outlook, the Finance Ministry said Saturday evening, citing the company’s announcement released on Thursday. The announcement was not …

    Source: The Times of Israel - Neutral
  • Published on May 14, 2022

    S&P affirms Israel's AA- rating despite political, security risks

    JERUSALEM, May 14 (Xinhua) -- Credit rating agency Standard & Poor's (S&P) has kept the rating for Israel unchanged at AA-, said a statement issued by Israel's Finance Ministry on Saturday, citing the agency's report. While the analysts …

    Source: The Star (Malaysia) - Right-wing
  • Published on May 14, 2022

    Iran’s Sovereign Ratings Affirmed; Outlook Revised to Stable

    (MENAFN- Capital Intelligence Ltd) Rating Action Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on Iran’s Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) to Stable …

    Source: MENAFN - Neutral
  • Published on May 12, 2022

    Saudi banks to enjoy rising oil prices, interest rate hikes: Fitch

    Saudi banks will benefit from the current atmosphere of higher oil prices, rising interest rates, and strong credit growth in 2022-2023, Fitch Ratings said on Wednesday. "The banks have largely absorbed the pandemic shock, helped by a strong economic …

    Source: Daily Sabah - Uncategorized
  • Published on May 18, 2022

    TEDPIX loses 11,000 points on Wednesday

    TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), dropped 11,047 points to 1.594 million on Wednesday. As reported, over 9.503 billion securities worth 54.881 trillion rials (about $182.93 million) were traded at the TSE. The first market’s …

    Source: Tehran Times - Pro-Government
  • Published on May 17, 2022

    INDIA-PAKISTAN: Tribal Troubles Escalate

    May 17, 2022: In Pakistan, former PM (prime minister) Imran Khan is fighting back against his removal from office by an April 3 rd non-confidence vote in parliament. He has called for two million Pakistanis to assemble in the capital on May 20 th to …

    Source: Strategy Page - Neutral
  • Published on May 17, 2022

    Ryanair reports full year loss of €355m

    ENVIRONMENT: “Every consumer who switches to Ryanair from EU legacy airlines can cut their CO₂ emissions by up to 50% per flight.  Over the coming 5-years we expect our traffic to grow by 50% to 225m p.a.  This growth will be delivered at lower fares but …

    Source: Internet Travel News - Neutral
  • Published on May 12, 2022

    Kamco Invest reports net profit of KWD3.6mn for the first quarter of 2022

    Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, announced its financial results for the first quarter ended 31 March 2022. The Company reported a net profit of KWD3.6mn (EPS: 10.53 fils) compared to …

    Source: Al Bawaba - Neutral
  • Published on May 17, 2022

    Fundraising via IPOs declines 60% in January-March this year

    Activity in the primary market witnessed a significant slowdown between January and March this year for a variety of reasons, ranging from volatility in global markets to rate action by central banks across the world. EY, in its global IPO trends report on …

    Source: Financial Express - Neutral
  • Published on May 17, 2022

    Alizz Islamic Bank – National Ratings Affirmed with a Stable Outlook

    (MENAFN- Capital Intelligence Ltd) Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long- and Short-Term ratings on the Oman National Scale of Alizz Islamic Bank (AIB) at ‘omAA’ and ‘omA1+’. The Outlook for the …

    Source: MENAFN - Neutral
  • Published on May 17, 2022

    Bank Muscat’s Ratings Affirmed with a Stable Outlook

    (MENAFN- Capital Intelligence Ltd) Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank Muscat (BM) at ‘BB’ and ‘B’, …

    Source: MENAFN - Neutral
  • Published on May 17, 2022

    Al Rajhi Banking and Investment Corporation – Ratings Affirmed

    (MENAFN- Capital Intelligence Ltd) Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Al Rajhi Banking and Investment …

    Source: MENAFN - Neutral
  • Published on May 16, 2022

    Tower Semiconductor Reports First Quarter 2022 Record revenue of $421 Million, a 21 Percent Year over Year Revenue ...

    Tower Semiconductor Reports First Quarter 2022 Record revenue of $421 Million, a 21 Percent Year over Year Revenue Growth MIGDAL HAEMEK, Israel, May 16, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results …

    Source: EDACafé - Neutral
  • Published on May 16, 2022

    Fund ZGI-4 and ALTUM invest in innovative agriculture technology start-up eAgronom

    ZGI-4, a fund managed by ZGI Capital, has invested EUR 1.5 million in start-up eAgronom, and 60% of these investments or EUR 0.9 million is investment of ALTUM stemming from the European Union (EU) funds. eAgronom which is already broadly known in the …

    Source: The Baltic Times - Neutral
  • Published on May 16, 2022

    Asian Re net premium income jumps 24.8%

    REGIONAL reinsurer Asian Reinsurance Corp. (Asian Re) posted double-digit growth in its net earned premiums (NEP) last year. The Insurance Commission said in a statement issued last Monday that Asian Re’s NEP last year hit $19.19 million in 2021, jumping …

    Source: Business Mirror - Neutral

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