مجلة البشائر الاقتصادية
Volume 8, Numéro 2, Pages 750-759
2022-08-31

-credit Rating Agencies In Arab Financial Markets -a Proposition To The Establishment Of An Arab Agency

Authors : Aroussi Samira . Bibi Youcef .

Abstract

Crédit rating agenciers work on evaluating the ability of countries, companies and financial institutions to fulfill their obligations, and Arab markets, like other financial markets, are subject to a sovereign rating. It is inevitable with Arab governments moving more and steadily towards engaging in the midst of the global economy. The study revealed that Arab financial markets are directly affected by the sovereign rating. The study also found the absence of an Arab local or regional agency based on standards commensurate with the local environment of Arab countries.

Keywords

Credit rating agencies, Arab financial markets, and regional rating agencies