Middle East Economic Survey

VOL. LIII

No 50

13-Dec-2010

Bahrain

S&P Affirms Bahrain Sovereign Ratings

Standard & Poors Rating Agency (S&P) announced on 8 December that it had affirmed its A/A-1 long and short term sovereign credit ratings for the Kingdom of Bahrain, reflecting the governments net financial asset position, renewed development of its hydrocarbon resources, and strong international alliances. These factors, according to the agency, provide a necessary counterbalance...