Moody's

Stories tagged Moody's

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  United Arab Bank Posts 30% Profit Growth in 2024

  United Arab Bank (UAB) posted a 30% rise in net profit for 2024, reaching AED 331 million — up from AED 255 million in 2023 — driven by 22% total asset growth, a 33% jump in customer deposits, and a Moody's upgrade to Baa3.

  5 Feb 2025

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  PIF Launches £650M Inaugural Sterling Bond Offering

  Saudi Arabia's PIF priced its inaugural sterling bond offering of £650M under its EMTN program. Demand was more than six times subscribed, signalling strong investor confidence in PIF's A1/A+ credit ratings.

  5 Jun 2024