News

Ratings upgrade gives breathing room to Qatar

Moody's_websiteRating agency Moody’s has upgraded Qatar’s long-term issuer ratings from negative to stable. The decision is based on Moody’s assessment that Qatar can withstand the current economic and political boycott it faces from its GCC neighbours for an extended period of time without material deterioration of its credit profile. Moody’s has also affirmed Qatar’s long-term issuer and foreign-currency senior unsecured debt ratings at Aa3. According to the rating agency this decision takes into account a number of strengths in Qatar’s credit profile that “continue to provide a significant shock absorption capacity to the sovereign”. These strengths include the government’s large net asset position, exceptionally high levels of per-capita income and very large hydrocarbon reserves. ©2018 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Jan 04, 2019

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

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In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

Roundtables

ROUNDTABLE: Hooked to the global caravan

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With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.

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Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.