Arab Today, arab today fitch upgrade confirms strength of qatar economy
Last Updated : GMT 07:53:53
Arab Today, arab today
Arab Today, arab today

Minister Ali al-Emadi:

Fitch upgrade confirms strength of Qatar economy

Arab Today, arab today

Arab Today, arab today Fitch upgrade confirms strength of Qatar economy

Qatar's Minister of Finance Ali Shareef al-Emadi
Doha - Arab Today

HE the Minister of Finance Ali Shareef Al Emadi said Saturday that Fitch Ratings update of Qatar's credit rating to AA and a stable outlook confirms the strong credit position of the country.
In a statement released by the ministry of finance to the press today, HE the Minister said that Fitch's upgrade is in line with other rating agencies such as Standard and Poor's and Moody's.
His Excellency added however that the timing of Fitch's upgrade was critical as it comes after the decline of energy prices in global market and the impact this might have on growth prospects for oil and gas producers. His Excellency said that updating the rating at such a time reflects the strong credit position of the State of Qatar and its ability to face the challenges faced by energy markets.
Fitch Ratings had upgraded Qatar's credit rating to AA for long-term debt securities in foreign and local currencies. The agency also upgraded Qatar's position to F1+ for short-term debt securities.
AA rating is the third highest possible rating that can be offered to any country or institution, it means that the country in question have high-grade bonds that have a little risk of default. The F1+ is the highest rating that could be given to an institution or country for short-term bonds. Such upgrades to credit ratings also helps attract investment.
Source: QNA

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fitch upgrade confirms strength of qatar economy Arab Today, arab today fitch upgrade confirms strength of qatar economy

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fitch upgrade confirms strength of qatar economy Arab Today, arab today fitch upgrade confirms strength of qatar economy

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday