Middle East Economic Survey
Standard & Poors Raises Oman Ratings
Standard & Poors Ratings Services (S&P) announced on 22 November that it had raised Omans long-term foreign currency sovereign credit rating from BBB to BBB+, its long-term local currency rating from BBB+ to A and its short-term foreign currency rating from A-3 to A-2. Omans short-term local currency rating was affirmed at A-2 and the outlook is stable. S&P says that Omans...