Published: February 3, 2010
Ratings agency opens new regional office in Dubai.
Ratings agency Standard & Poor’s has moved its Middle East regional office to the Dubai International Financial Centre.
The firm says the new, larger office underscores its ongoing efforts to help develop the region’s capital markets and support their integration with global markets.
S&P has recently assigned ratings to Saudi real estate developer Dar Al Arkan and Qatar-based reinsurer Q-Re, a subsidiary of Qatar Insurance Co, for the first time. It has also assigned new fund management ratings to the Vision Emerging GCC Fund and the ING (L) Invest Middle East & North Africa Fund.