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- Real Estate trading in June reaches QR1.684 billion
- S&P 500, Nasdaq edge to fresh records despite tariff fog
- Kuwaiti Oil Min.: oil market stable, outlook positive despite challenges
- From Russia, Alkhorayef Says Saudi Aims to Lead in Future Tech
- Gold prices gain as dollar weakens
- Oil prices fall amid concerns over escalating trade tensions
- Saudi-GCC Non-Oil Trade Surplus Achieves 203% Annual Growth
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- Moody's Lifts Oman to Investment Grade, Citing Stronger Debt Metrics
- UAE retail investors charged into EV, tech, and telehealth stocks in Q2 2025
11/07/2025 02:19 AST
Credit ratings agency Moody's upgraded Oman's long-term issuer and senior unsecured ratings to "Baa3" from "Ba1" on Thursday, citing expectations of continued improvement in debt ratios and resilience to lower oil prices.
"We expect Oman's debt metrics to remain robust and consistent with a Baa3 rating even under alternative scenarios where oil prices moderate below our medium-term assumption of $65/barrel," Moody's said in a statement.
The agency, however, revised Oman's outlook to "stable" from "positive", noting that the country's medium-term fiscal outlook remains vulnerable to declines in global oil demand and prices due to its still-heavy economic and fiscal reliance on the hydrocarbon sector.
Moody's said stronger debt metrics provide the government with greater fiscal space and time to implement structural reforms that could, over time, reduce its dependence on hydrocarbons and potentially support a higher rating.
Asharq Al Awsat
| Ticker | Price | Volume |
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11/07/2025
In June, the total value of real estate transactions reached 1,684,240,900 Qatari riyals.
Data from the analytical real estate bulletin issued by the Ministry of Justice showed that 372 real
The Peninsula
11/07/2025
Kuwait's Minister of Oil Tariq Al-Roumi said on Thursday that the global oil market is witnessing remarkable stability, with relatively stable prices and increasing demand.
In a statement to
KUNA
11/07/2025
Saudi Arabia is leading a sweeping industrial transformation aimed at reshaping the national economy and securing a leading position in advanced sectors, the kingdom's Minister of Industry and Minera
Asharq Al Awsat
11/07/2025
The non-oil trade surplus of Saudi Arabia with the Gulf Cooperation Council (GCC) countries recorded an annual growth rate of 203.2% to more than SAR2 billion in April, reported the Saudi Press Agenc
Asharq Al Awsat
11/07/2025
Saudi Arabia's industrial production expanded 1.5 percent year on year in May, driven by growth in mining, quarrying, and manufacturing activities, official data showed.
The Industrial Prod
Arab News
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