Kuwait-Mubasher: Standard & Poor's (S&P) affirmed its 'AA' counterparty credit rating for the Kuwait-based Arab Investment and Export Credit Guarantee Corporation (Dhaman), according to a statement.
The rating agency also revised the outlook on the rating from 'negative' to 'stable'.
The stable outlook reflects S&P’s expectations that Dhaman will maintain its strong business profile and financial performance in terms of capital and profits.