Middle East Economic Survey

VOL. LIII

No 16

19-April-2010

REGIONAL

S&P Assigns First Two Regional GCC Credit Ratings

Standard & Poors Ratings Services (S&P) has assigned its first two regional credit ratings to insurance companies in the UAE and Bahrain, it announced on 14 April. The ratings actions follow the launch of a new ratings scale in February. These local ratings help investors and others better compare the relative risk of debt issuers across the region, and we believe they...