http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2025/07/27/4589 Capital Intelligence Ratings (CI Ratings or CI) has affirmed the Issue Rating of 'BBB-' assigned to the KWD40mn senior unsecured bond maturing in 2027 issued by National Industries Group Holding (NIGH). The Outlook on the rating is Stable. 23 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4588 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Askari Bank Limited (ABL or the Bank) at 'C+' and 'C', respectively. At the same time, CI Ratings has affirmed ABL's Bank Standalone Rating (BSR) of 'c', Core Financial Strength (CFS) rating of 'b' and Extraordinary Support Level (ESL) of Uncertain. The Outlook for all ratings is Stable. 22 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4587 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) of Qatar at 'AA'. At the same time, CI Ratings has affirmed the sovereign's Short-Term (ST) FCR and ST LCR at 'A1+'. The Outlook on the ratings remains Stable. 18 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4586 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of United Gulf Bank (UGB or the Bank) at 'BBB' and 'A3', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed UGB's Bank Standalone Rating (BSR) of 'bbb-' with a Stable Outlook. The Core Financial Strength (CFS) of 'bbb-' and Extraordinary Support Level (ESL) of Moderate are maintained. 17 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4585 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) of the United Arab Emirates (UAE) at 'AA-'. At the same time, CI Ratings has affirmed the sovereign's Short-Term FCR (ST FCR) and ST LCR at 'A1+'. The Outlook for the ratings remains Stable. 11 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4584 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Garanti BBVA (Garanti or the Bank) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed Garanti's Bank Standalone Rating (BSR) of 'bb-', Core Financial Strength (CFS) rating of 'bb+' and Extraordinary Support Level (ESL) of Moderate. The Outlook on the LT FCR and BSR remains Stable. 11 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4583 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank Muscat (BM or the Bank) at 'BBB-' and 'A3', respectively. The Outlook for the LT FCR remains Positive. At the same time, CI Ratings has affirmed BM's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bbb' and Extraordinary Support Level (ESL) of High. The BSR Outlook remains Stable. 10 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4582 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Kurdistan International Islamic Bank for Investment and Development's (KIB or the Bank) at 'B-' and 'B', respectively. The LT FCR Outlook is Stable. CI Ratings has also affirmed KIB's Bank Standalone Rating (BSR) of 'b-' with a Stable Outlook, and the Extraordinary Support Level (ESL) of Uncertain. The Core Financial Strength (CFS) rating is lowered to 'b+' (from 'bb-'). 10 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4581 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Sharjah Islamic Bank (SIB or the Bank) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed SIB's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bb+', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 07 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4580 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the credit ratings of Al Mustashar Islamic Bank for Investment and Finance (MIB or the Bank). The Bank's ratings had been initially suspended on 29 January 2025 due to the lack of up-to-date financial data. The requested financial data from MIB have still not been forthcoming since the ratings suspension despite repeated requests. Accordingly, CI has withdrawn the ratings and outlook and ceased analytical coverage of MIB. 03 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4579 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Capital Bank of Jordan (CAP) at 'BB-' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed CAP's Bank Standalone Rating (BSR) of 'bb-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bb' and Extraordinary Support Level (ESL) of Moderate. 02 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4578 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Jordan Commercial Bank (JCB) at 'BB-' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed JCB's Bank Standalone Rating (BSR) of 'bb-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bb-' and Extraordinary Support Level (ESL) of Moderate. 02 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4577 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank Al Etihad (BAE) at 'BB-' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed BAE's Bank Standalone Rating (BSR) of 'bb-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bb+' and Extraordinary Support Level (ESL) of Moderate. 02 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4576 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Cairo Amman Bank (CAB or the Bank) at 'BB-' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has lowered CAB's Core Financial Strength (CFS) rating to 'bb-', and affirmed the BSR of 'bb-' with a Negative Outlook. The Bank's Extraordinary Support Level (ESL) remains Moderate. 01 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4575 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank ABC Jordan (Bank ABC) at 'BB-' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed Bank ABC's BSR of 'bb-' with a Stable Outlook, and the Extraordinary Support Level (ESL) of High, but lowered the Core Financial Strength (CFS) rating to 'bb' (from 'bb+'). 01 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4574 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Arab Jordan Investment Bank (AJIB or the Bank) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed AJIB's Bank Standalone Rating (BSR) of 'bb-', Core Financial Strength (CFS) rating of 'bb+' and Extraordinary Support Level (ESL) of Moderate. The Outlook on the LT FCR and BSR remains Stable. 01 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4573 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Housing Bank for Trade and Finance (HBTF or the Bank) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed HBTF's Bank Standalone Rating (BSR) of 'bb-', Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of Moderate. The Outlook on the LT FCR and BSR remains Stable. 01 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4572 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Arab Bank plc (AB) at 'BB-' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed AB's Bank Standalone Rating (BSR) of 'bb-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of Moderate. 01 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4571 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Industrial Bank of Kuwait (IBK) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed both the Bank Standalone Rating (BSR) and Core Financial Strength (CFS) at 'bbb+'. The Outlook for the LT FCR and BSR remains Stable. 01 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/07/27/4570 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Core Financial Strength (CFS) rating of United Arab Bank (UAB or the Bank) to 'bb+' from 'bb'. At the same time, CI Ratings has affirmed UAB's Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of 'BBB+' and 'A2', respectively, Bank Standalone Rating (BSR) of 'bbb-' and Extraordinary Support Level (ESL) of High. The Outlook on the LT FCR and BSR remains Stable. 01 July 2025 Capital Intelligence