News & Credit Rating Announcements
22 June 2022 | Country: Oman
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Ominvest - International and National Ratings Affirmed, with a Stable Outlook
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long- and Short-Term International Ratings of Oman International Development and Investment Company (Ominvest) at 'BB' and 'B', respectively. The Outlook on the Long-Term International Rating remains Stable. Ominvest's International Ratings and Outlook remain in line with those of the sovereign ('BB'/'B'/ Stable). At the same time, CI Ratings has affirmed Ominvest's Long- and Short-Term ratings on the Oman National Scale at 'omAA' and 'omA1+', respectively, for the same reasons cited below. The Outlook for the national ratings also remains Stable.
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Rating Announcement (CRA)
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