Middle East Economic Survey
Moodys Sees Moderate Pressure On GCC Corporates In 2011
The downward ratings trend among GCC corporates in 2009-10 has abated, but moderate pressure is likely to continue in 2011, said Moodys Investors Service in a Special Comment published on 7 March. According to the agency, rated GCC-based corporates have limited exposure to the economic impact of the current unrest in some countries. Barring the more severe impact that a...