Tag Results “s p”

S&P lowers Lebanon’s debt rating to CC, warns of potential further cut

Credit ratings agency S&P lowered Lebanon’s debt grade a notch on Friday, but warned a further cut is possible should the government miss a ...

22 February ,2020 Economy

Abu Dhabi in talks with banks for potential debt: Sources

Abu Dhabi has been in talks with banks for potential debt sales in the international markets this year as the oil-rich emirate plans to engage global ...

09 February ,2020 Economy

US futures, Nikkei index fall as coronavirus fears spread

US S&P500 e-mini futures fell more than 1 percent in Asian trade on Monday on mounting worries the new coronavirus outbreak could severely disrupt ...

27 January ,2020 Financial Markets

S&P downgrades Lebanon’s credit rating amid ongoing protests

S&P Global Ratings said on Friday that it lowered Lebanon’s long-term and short-term foreign and local currency sovereign credit ratings to ...

16 November ,2019 Economy

Turkey’s military offensive in Syria poses economic risks: S&P

Turkey’s deployment of military troops into Syria raises risks for the Turkish lira and the country’s balance of payments, ratings agency ...

09 October ,2019 Economy

S&P affirms Saudi credit rating, expects quick rebound after oil attacks

Saudi Arabia’s credit ranking has been affirmed by S&P Global Ratings at “A-/A-2” with a stable outlook, as the Kingdom is seen ...

29 September ,2019 Economy

S&P 500 ends up 17% in year’s first half, best since 1997

Wall Street stocks advanced on Friday, concluding a banner first half of the year even as a prolonged US-China trade war led to losses on the week. ...

29 June ,2019 Financial Markets

First Abu Dhabi Bank plans to raise $750 mln in sukuk

First Abu Dhabi Bank (FAB), the largest lender in the United Arab Emirates, is expected to raise $750 million in Islamic bonds, according to a ...

15 January ,2019 Financial Markets

S&P Dow Jones to upgrade Saudi stocks to emerging market next year

Global equity index compiler S&P Dow Jones Indices will upgrade Saudi Arabia's bourse to emerging market status from a stand-alone market next ...

25 July ,2018 Financial Markets

S&P Dow Jones may lift Saudi Arabia to emerging market status

Equity index compiler S&P Dow Jones said it was consulting investors on whether to upgrade Saudi Arabia to emerging market status, a new sign of ...

17 May ,2018 Economy

S&P cuts Turkey’s debt rating on deteriorating finances, inflation

Ratings agency S&P said Tuesday it cut the rating on Turkey’s foreign debt due to deteriorating finances and rising inflation. The grade on ...

02 May ,2018 Economy

Bahrain reaffirms dollar peg, says economy robust after S&P cut

S&P Global Ratings lowered Bahrain’s long-term foreign and local currency sovereign credit ratings to ‘B+’ from ‘BB-&rsquo ...

02 December ,2017 Economy

S&P raises outlook on Israel’s debt profile

Israel’s improved economic growth and efforts to rein in spending prompted Standard & Poor’s to raise the outlook on the country&rsquo ...

05 August ,2017 Economy

S&P rating for Saudi economy positive

Standard & Poor’s International has retained a positive rating for Saudi Arabia expecting a strong performance for the Kingdom’s ...

07 April ,2017 Economy

Gulf companies feature in MENA ESG index top 10

Seven companies in the UAE and Saudi Arabia have been listed in Hawkamah and S&P’s ESG index for the MENA region

19 December ,2016 Economy

S&P cuts Russia’s credit rating

Russia announced new military exercises Thursday involving ground and air forces near its border with Ukraine

25 April ,2014 Economy

S&P raises Lebanon outlook to stable

The announcement came after Lebanon’ politicians agreed to form a new government led by Prime Minister Tammam Salam

11 April ,2014 Economy

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