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World

Binghatti faces ratings review as liquidity weakens

Arabian Post Staff -Dubai Moody’s Ratings has placed Binghatti Holding Ltd’s Ba3 rating on review for downgrade, signalling rising concern over the Dubai developer’s liquidity and its ability to generate sufficient cash as major debt obligations approach. The action covers Binghatti’s Ba3 corporate family rating and Ba3-PD probability of default rating. The company previously carried a stable…

thearabianpost.com ·

Binghatti faces ratings review as liquidity weakens

We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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More in World

White House press secretary Karoline Leavitt leaves position to spend time with family

"Serving as the White House Press Secretary over the past year and a half has been the honor and adventure of a lifetime," Leavitt said in a post on social media site X/Twitter.

  • Karoline Leavitt resigns as White House press secretary at end of month
  • Mother of second child, returned from maternity leave in May
  • Transition to outside communications role supporting Trump's movement

·jpost.com