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Educational institutions in the country have stressed that they implement strict policies and conduct stringent background checks to avoid such situations
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Shuaa to Abandon Kuwait Stock Exchange Listing
DUBAI - Shares of Shuaa Capital PSC, the UAE biggest investment bank, will stop trading on the Kuwait Stock Exchange as of January 1 and continue trading just on the Dubai Financial Market.
The decision to abandon the
Shareholders will be informed of how to register on the
Meanwhile, National Central Cooling Co., the UAE-based air-conditioning company known as Tabreed, had its credit rating cut to junk by Standard & Poor’s on concern weaker results and higher spending hurt liquidity.
Standard & Poor’s cut the rating four notches to BB from BBB-, the lowest investment-grade ranking, to “reflect a deterioration in Tabreed’s credit quality following a weaker-than-expected financial performance partly resulting from higher-than-anticipated capital expenditure,” credit analyst Karim Nassif said in a statement on Tuesday. -
The credit rating may improve if the state-controlled company gains further and more explicit support from the
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