Mena News

Middle East projects given affirmation

Standard & Poor’s Ratings Services has affirmed its ‘A-‘ long-term senior unsecured debt rating on liquefied natural gas (LNG) project Oman LNG LLC’s (OLNG) …

Mena / 19-03-03 / by

Israel Electric knocked down

Standard & Poor’s Ratings Services has lowered its foreign currency corporate credit and senior secured debt ratings on the fully vertically integrated, 99.8% government-owned …

Mena / 04-03-03 / by

ABC down a notch

Standard & Poor’s Ratings Services has revised its outlook on Bahrain-incorporated Arab Banking Corp BSC (ABC) to stable from positive. At the same time, …

Mena / 04-03-03 / by

Good report for Tunisia

Standard & Poor’s Ratings Services has affirmed its BBB/A-3 foreign currency and A/A-1 local currency sovereign credit ratings on the Republic of Tunisia, reflecting …

Mena / 29-01-03 / by

Iran draws ECGD after 20-year break

The UK’s Export Credits Guarantee Department (ECGD) has completed one of its first deals in Iranin more than 20 years after supporting Snamprogetti Ltd …

Mena / 13-01-03 / by

Egypt looks into Ugandan oil potential

The Egyptian ambassador to Uganda, Maasoum Marzouk, says his government is interested in exploring petroleum in Uganda. Marzouk proposed co-operation between the two governments …

Mena / 26-11-02 / by

Tunisian potential for British Gas

British Gas is to intensify its investments in Tunisia considering the positive results it has achieved so far and the favourable investment environment of …

Mena / 26-11-02 / by

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Moroccan grid receives boost

The African Development Bank (ADB) has approved a loan of €80mn to finance the strengthening of electric power grid interconnections project in Morocco.

Mena / 26-11-02 / by