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Region Report
Middle East/North Africa

   Countries in the Middle East and North Africa are ranked below in order of their creditworthiness. On average, these countries have a 54.1 credit rating. This number is up by 3.0 points since Institutional Investor’s ranking last year at this time.

         | Africa (Sub-Saharan) | Asia-Pacific/Far East | Asia-Pacific/South & East |
         | Eastern Europe/Central Asia | Latin America/Caribbean | Middle East/North Africa |
         | North America | Western Europe |
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Regional Rank Country Global
Ranking
Institutional
Investor

Credit
Rating
Mar. 2007 Sept. 2007
1 1 United Arab Emirates 30 76.8
2 2 Qatar 31 76.2
3 3 Kuwait 34 74.9
4 4 Cyprus 37 71.6
6 5 Saudi Arabia 42 69.6
7 6 Bahrain 43 69.3
8 7 Oman 45 69.1
5 8 Israel 46 68.3
9 9 Tunisia 60 60.7
10 10 Morocco 67 54.2
11 11 Algeria 68 53.9
 
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September 2007 - Europe Cover
Institutional Investor

 
    Africa (Sub-Saharan)
    Asia-Pacific/Far East
    Asia-Pacific/South & East
    E. Europe/Central Asia
    Latin America/Caribbean
    Middle East/North Africa
    North America
    Western Europe
 
    Increases - Six Month
    Increases - One Year
    Decreases - Six Month
    Decreases - One Year
 
    Countries
    Regions
 
    Higher Credit Risk
    Lower Credit Risk
    Credit Risk Impact
    Valuation Correction
    Dollar Decline
 
 

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