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FH maintains investment grade credit rating with stable outlook

ABU DHABI / EMIRATES BUSINESS Finance House (FH) announced its Corporate Credit Rating of “BBB-” (Long-Term) and “A3″ (Short-Term). With both Investment Grades recently affirmed by Capital Intelligence (CI), the international credit rating agency, Finance House demonstrates solidly stable outlooks, while maintaining the same Credit Rating for three consecutive years. While affirming the above ratings in a recently released Credit ...

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Gulf stocks trim worst in 7 years after oil rebounds

The DFM General Index increased 4.9 percent to the highest level since Jan. 6, taking its three-day gain to 11 percent. The measure’s 30-day volatility is near the highest in a year following the swings in January. Abu Dhabi’s ADX General Index advanced 3.7 percent. First Gulf Bank PJSC was the biggest contributor to gains with a 12.4 percent jump, ...

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Syria talks gather steam as opposition meet UN envoy

Henry Meyer / Bloomberg The latest bid to end five years of war in Syria gathered some momentum as the main opposition group arrived in Geneva for United Nations-sponsored talks, though it refused to lift a threat to boycott the peace process. The Saudi-backed High Negotiations Committee, whose delegation landed in the Swiss city on Saturday, said it will have ...

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