#S&P Global Ratings

US credit rating downgraded

US credit rating downgraded from AAA by Fitch

The US is now rated AA+ by Fitch, one step below AAA, and the assessor has a stable outlook on the country

emaar

Emaar shares push Dubai stocks to 2015 high as economic outlook lifts mood

S&P Global Ratings recently upgraded Emaar Properties based on the strong demand seen in the UAE’s real estate sector

Kuwait gets first Moody’s downgrade over ‘liquidity risks’

Moody’s now ranks Kuwait two steps lower than Fitch Ratings and one below S&P Global Ratings

Oman Muscat

Moody’s downgrades Oman for a second time in 2020 as oil dips

This year, Oman trimmed its budget expenditure and announced liquidity support in an effort to provide some relief from the Covid-19 shock