Fitch Ratings announced on 16 August that it has affirmed Abu Dhabi’s long-term foreign and local currency Issuer Default Ratings (IDR) at AA with a stable outlook. The issue ratings on Abu Dhabi’s senior unsecured foreign and local currency bonds…
Day: August 19, 2014
Ascom Geology & Mining wins initial New Suez Canal contract
Egypt’s Ascom Geology & Mining has won the contract to complete dry sand excavation of a 1km-long and 400 metre wide section of the New Suez Canal, Qalaa Holdings announced today. Ascom is one of three companies owned by Qalaa…