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Moody's
Moody’s: Our Outlook for Kuwaiti Banks Remains Stable
The agency confirmed that its stable expectations for the sector were reflected in the continued expansion of the country's non-oil economy in 2023 and...
Moody’s: Dollar dominance has lasted for decades
The agency also reported that the steady decline in the dollar's share of US Federal Reserve reserves, rising geopolitical tensions and the growing tightrope...
How does Moody’s view the strengths of the Saudi budget?
In a recent report on the performance of the Saudi economy, the agency said the Kingdom had a strong budget supported by moderate debt...
Moody’s raises Oman’s rating to Ba2 with a positive outlook
"The increase reflects the improvement in Oman's debt burden and debt sustainability indicators in 2022, mainly due to large windfall gains from oil and...
In an effort to reduce… Moody’s puts Egypt’s credit rating under...
Egypt faces a severe shortage of foreign currency, despite allowing the pound to devalue sharply in recent months.Moody's attributed the decision to place the...
Gulf funds expect increased demand for Islamic finance
Moody's Investors Service said on Monday that asset managers in the Gulf countries expect an increased demand for Islamic investments that are...
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Just In
US tariffs escalate tensions with China, impact global markets
The United States’ imposition of 145% tariffs on Chinese exports has intensified trade tensions with Beijing, triggering retaliatory measures and roiling global financial markets,...
Israeli airstrikes kill dozens in Gaza, worsen humanitarian crisis
Israeli airstrikes on the Al-Mawasi area, a designated "humanitarian zone" in southern Gaza, killed at least 10 Palestinians and injured dozens on April 23,...
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