Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

SP holds Saudi credit rating at AA-A-1  Join our daily free Newsletter

MENAFN - AFP - 06/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - AFP) Standard and Poor's on Friday held its sovereign credit rating for Saudi Arabia, the world's top crude exporter, at AA-/A-1 with a positive outlook.

"In our view, Saudi Arabia's government and external balance sheets remain strong and provide an ample buffer to withstand external shocks, including a drop in oil prices," S&P said in a statement.

"We are therefore affirming our 'AA-/A-1' sovereign credit ratings n the Kingdom of Saudi Arabia," the agency said.

"The positive outlook indicates that we could upgrade Saudi Arabia in the next year if we believe that the government has built on its achievements in private-sector development."

It forecast per capita income of 26,000 in 2014.

Saudi Arabia, on the back of high oil prices, has announced a balanced budget for this year of a record 228 billion, up from 218.8 billion in 2013.


 


AFP




  MENA News Headlines
 Feb 11 2016 - Senior Iranian military official: US is subordinate to Iran in Middle EastThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) The commander of the Basij paramilitary force of the Islamic Republic of Iran Mohammad Reza Naqdi vowed that Tehran “will not make any compromises with ...

 Feb 11 2016 - Russia ready to discuss Syria ceasefire at international talksThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Russia said Feb. 11 it was ready to discuss a ceasefire in Syria as foreign ministers gathered in Munich in a bid to kick-start peace talks derailed by the ...

 Feb 11 2016 - Austria tells Balkans to curb refugee flowThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Croatian Interior Minister Vlaho Orepic said trains will begin transporting refugees directly from the Macedonia-Greece border to Austria without stopping in ...

 Feb 11 2016 - UAE- Google software can qualify as 'driver'Khaleej Times
(MENAFN - Khaleej Times) US vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver ...

 Feb 11 2016 - UAE- Technology powerhouses converge on Middle East's premier education exhibitionEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 11th February 2016 (WAM) -- Leading global technology stalwarts are converging on GESS Dubai to showcase the very latest advances in the education ...

 Feb 11 2016 - Abu Dhabi petrochemical producers promote Waste Free EnvironmentEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 11th February 2016 (WAM) -- Committed to supporting UAE National Environment Day on the 4th of February over 3000 people including students from ...

 Feb 11 2016 - RTA briefs delegation of Dubai Traffic Prosecution about customer service strategiesEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 11th February 2016 (WAM) -- The Roads and Transport Authority RTA has recently received a delegation from the Dubai Traffic Prosecution and briefed ...

 Feb 11 2016 - UAE- Emirates Post Group offers onsite interviews and CV preparation workshops for job seekersEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 11th February 2016 (WAM) -- Emirates Post Group is highlighting employment opportunities available for Emirati job-seekers in the group and its ...

 Feb 11 2016 - UAE Ambassador meets with Jordanian OfficialEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) AMMAN 11th February 2016 (WAM) -- Bilal Rabie Bilal Al Bodour UAE Ambassador to Jordan yesterday met with the UAE-Jordan Parliamentary Committee chaired by ...

 Feb 11 2016 - UAE- Lubna Al Qasimi emphasises unified international efforts to secure sustainable and creative financial solutionsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 11th February 2016 (WAM) -- Sheikha Lubna bint Khalid Al Qasimi Minister of State for Tolerance Head of the UAE Committee on Foreign Humanitarian ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help