Middle East Economic Survey

VOL. LIII

No 45

8-Nov-2010

QATAR

QAFCO Ratings Set For Possible Downgrade, Says Moodys

Moodys Investor service on 3 November announced that it had placed the Aa2 local and foreign currency senior unsecured issuer ratings of Qatar Fertilizer Company (QAFCO) on review for a possible downgrade. In a statement, Moodys explained that its decision to place the ratings on review was based on the need to assess the companys financial and business risk profiles, as well...