Research Reports

GCC Credit Rating actions post COVID-19

March 29 , 2020

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Executive Summary

  • S&P Global Ratings on March 26,2020 revised the credit ratings for GCC countries due to COVID-19 spread and the oil price dispute between Saudi Arabia and Russia.
  • Sovereign credit ratings unchanged for UAE (Abu Dhabi), Qatar and Saudi Arabia at 'AA', 'AA-' and 'A-' respectively.
  • Kuwait's sovereign credit rating was downgraded to 'AA-' from 'AA' due to high dependence on oil revenues and slow reform progress.


Who prepared this report?
Experienced and qualified team of Marmore Mena Intelligence has prepared this report. Since its inception, Marmore has published over 1000 research reports and covered more than 25 varied industries and policy segments; all focused primarily on the GCC economies.

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The report spans 4 pages

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