Middle East Economic Survey
VOL. LIII
No 10
8-March-2010
UAE
Moodys Downgrades Seven UAE Government Companies
Moodys Investors Service took a number of rating actions on 4 March on seven government-related issuers (GRIs) owned by the Abu Dhabi and UAE governments, concluding its review for downgrade initiated on 9 December (MEES, 14 December). All seven companies saw their ratings downgraded, some by several notches: Mubadala Development Company and International Petroleum Investment Company...
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