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MUSCAT: International ratings agency Fitch has revised the outlook of OQ, the global integrated group of the Sultanate of Oman, to stable from negative and affirmed its 'BB-' Long-Term Issuer Default Rating (IDR). The rating action follows a similar action on OQ's ultimate sole shareholder, the Omani government (BB-/Stable) via the Oman Investment Authority.
MUSCAT: International ratings agency Fitch has revised the outlook of OQ, the global integrated group of the Sultanate of Oman, to stable from negative and affirmed its 'BB-' Long-Term Issuer Default Rating (IDR). The rating action follows a similar action on OQ's ultimate sole shareholder, the Omani government (BB-/Stable) via the Oman Investment Authority.