S&P Global Ratings raises Bahrain outlook to positive

Agencies | New York The Daily Tribune – www.newsofbahrain.com S&P Global Ratings has raised its outlook on Bahrain to positive from stable and affirmed the country's 'B+/B' ratings. The ratings agency said "Bahrain's relatively diverse economy benefits from proximity to the

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Published 26 November 2022, 8:00 · Updated 22:16

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S&P Global Ratings raises Bahrain outlook to positive

Agencies | New York

The Daily Tribune – www.newsofbahrain.com

S&P Global Ratings has raised its outlook on Bahrain to positive from stable and affirmed the country's 'B+/B' ratings.

The ratings agency said "Bahrain's relatively diverse economy benefits from proximity to the large Saudi Arabian market, strong regulatory oversight of the financial sector, a relatively well-educated work force, and low-cost environment."

Bahrain's economy is also benefiting from an increase in regional activity, S&P added, Market Watch reports.

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