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17 Results-
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 ... 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 ... 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 ... 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 ... 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 ... 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 ... 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. ... 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 ... 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 ... 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 ... 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 ... 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 ... 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 ... 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 ... 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 Economy -
S&P cuts Russia’s credit rating
Russia announced new military exercises Thursday involving ground and air forces near its border with Ukraine 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 Economy
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