Oman Edges Closer To Investment Grade Rating With Moody’s Upgrade

Oman Edges Closer To Investment Grade Rating With Moody’s Upgrade

Muttrah Corniche, Muscat, Oman taken in 2015

Moody's Investors Service has upgraded its credit rating on Oman from Ba3 to Ba2 and kept its positive outlook on the rating, as the Middle East country edges closer to losing its ‘junk bond’ status.