Fitch Ratings has upgraded Saudi Electricity Company's (SEC) Long-Term Foreign- and Local-Currency Issuer Default Ratings to 'A+' from 'A', and removed the ratings from Under Criteria Observation (UCO). The National Long-Term Rating was also upgraded to 'AAA(sau)' from 'AA+(sau)'. The agency also said in its reports that all the outlooks are Stable. The upgrade follows a reassessment of SEC's links with the Saudi Arabian government under Fitch's recently updated Government-Related Entities (GRE) Rating Criteria.
Rating agency Fitch assigned Romanian state-controlled natural gas group Romgaz (BVB: SNG) a first-time BBB- long-term Issuer Default Rating (IDR) with a 'stable' outlook. The company's bb- Standalone Credit Profile (SCP) rating, in the region of speculative investments, benefits from a one-notch.
WARSAW: Fitch Ratings has upgraded QatarEnergy's (QE) Long-Term Issuer Default Rating (IDR) to 'AA' from 'AA-'. The outlook is stable.The upgrade reflects.
Kuwait City, Mar 23: National Bank of Kuwait (NBK) held its Annual General Meeting (AGM) for 2023 on Saturday, March 23, 2024, with a quorum of 71.87%. The
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