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Ratings

Rippled sand dunes and a lonely tree in the Wahiba Desert in Oman.

1 min read

Fitch Upgrades Oman’s Credit Rating to ‘BB’

16 August 2022 19:17:43 GST

On Monday, 15 August 2022, Fitch Ratings upgraded Oman’s long-term foreign currency issuer default rating by one notch from ‘BB-’ to ‘BB’ with a...

Panoramic view of the Sharjah city skyline from the sea at sunset.

3 min read

Sharjah’s Credit Rating Downgraded to Ba1 by Moody’s

21 July 2022 12:53:13 GST

Sharjah, the third largest emirate in the United Arab Emirates (UAE), saw its credit ratings downgraded to non-investment grade on Tuesday. Moody’s...