Thursday 12, June 2008 by

Sharjah Islamic Bank outlook revised by S&P

Standard & Poor's Ratings Services said it has revised its outlook on Sharjah Islamic Bank (SIB) to positive from stable, reflecting the bank's recent capital increase and resilient financial performance. At the same time, Standard & Poor's affirmed its BBB long-term and A-2 short-term counterparty credit ratings on the bank.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more