Mubasher: Capital Intelligence (CI) has affirmed the long-term credit rating of Al Imtiaz Investment Group at “BBB”, with a “Stable” outlook.
Meanwhile, the short-term credit rating was affirmed at “A3”, with a “Stable” outlook, according to a bourse statement issued on Wednesday.
The affirmation of the rating reflects confidence in improving Al Imtiaz’s future performance.
At the stock level, Al Imtiaz closed Wednesday’s session 0.57% higher at 176 fils, with 12.73 million shares traded at a value of KWD 2.23 million.
