Middle East Economic Survey
Moodys Upgrades Qatar Rating To A1/P-1
Moodys on 18 May upgraded Qatars ceilings for long-term foreign currency bonds and bank deposits to A1 from A3. It also raised the short-term foreign currency country ceilings to Prime-1 from Prime-2, and the long-term foreign currency bond rating and long-term local currency issuer rating to A1 from A3. Local currency guideline remains at Aa2 while the outlook remains stable. The upgrades...