IDB rated \"Aaa\" by Moody\'s
Jeddah - Spa
Moody's Rating Agency has announced that it is rating the Islamic Development Bank (IDB) the credit rating "Aaa" for the term and "Prime-1" near-term, with the outlook "stable." for the sixth consecutive year. The agency said that the rating reflects the strong support enjoyed by the Bank from its member states and the high level of liquidity in addition to the excellent status of creditor the bank enjoys. This rating also reflects the low level of indebtedness of the IDB because of the nature of the Bank's operations backed by assets according to Sharia (Islamic Law), which is a unique element enjoyed by IDB among other banks of multilateral funding, Moody's added in a report.
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meeting
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 05:06 2024 Tuesday ,06 February
New hunt for flight MH370 gets under way
GMT 15:23 2018 Thursday ,30 August
School bus safety to be enhanced under new transport master plan
GMT 06:15 2018 Tuesday ,23 January
Volkswagen clinches record sales
GMT 20:50 2014 Friday ,22 August
Hamas executes 'collaborators,' Israeli child killed
GMT 20:35 2014 Monday ,08 December
CFP crucial for refining industry in KuwaitGMT 13:25 2011 Tuesday ,13 December
Latest Call Of Duty Breaks $1bn Sales Record
GMT 15:33 2017 Tuesday ,15 August
Dubai Land Department’s ‘Ejari’ smart application
GMT 06:47 2017 Sunday ,12 February
Fresh whale stranding on notorious New Zealand beach
GMT 10:48 2017 Sunday ,19 November
Industry minister receives Turkish ambassador
GMT 19:53 2016 Thursday ,14 July
Sarah’s charity work in India gets her university role
GMT 12:35 2015 Saturday ,06 June
Bindi Irwin is all grown up in new Instagram photo
GMT 14:08 2012 Tuesday ,28 August
600 Afghan soldiers killed over last 2 months
GMT 21:42 2012 Sunday ,19 August
Roadside bomb kills 3 New Zealand soldiers in Afghanistan
GMT 19:54 2017 Thursday ,16 February
Arab coalition warplanes kill Houthi leader on Saudi-Yemeni bordersGMT 05:27 2011 Wednesday ,21 September
Facebook revenue estimated at $4.27 billion
GMT 20:06 2017 Wednesday ,22 February
Senior Yemeni general killed in Houthi missile attack
GMT 23:18 2016 Sunday ,12 June
Daesh kills 18 civilians trying
GMT 00:47 2017 Tuesday ,10 January
6 policemen killed, 9 injured in Arish attack
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor