Month: February 2016

S&P cuts Saudi Arabia to A-

For full coverage of Middle East business, see MEED Standard & Poor’s Ratings Services  (S&P) today announced that it had lowered its unsolicited long- and short-term foreign- and local-currency sovereign credit ratings on the Kingdom of Saudi Arabia to A-/A-2…

Fitch affirms Abu Dhabi at AA

For full coverage of Middle East events see MEED Fitch Ratings announced today that it has affirmed Abu Dhabi’s long-term foreign and local currency issuer default ratings (IDR) at AA with stable outlooks. The issue ratings on Abu Dhabi’s senior…