Bahrain’s world economic standing was reaffirmed with a new stamp of approval from a major ratings agency Standard & Poor’s.
S&P reaffirmed its ‘BBB’ long-term local and foreign currency issuer credit ratings for Bahrain Mumtalakat Holding Company, saying it will continue to play a “critical” role in the kingdom. The global ratings agency also raised the short-term issuer credit ratings to ‘A-2′ from ‘A-3′………………………………………..Full Article: Source