S&P Posts Senior Sovereign Rating Analyst In Dubai
Standard & Poor’s today announced that Mr. Farouk Soussa has joined its regional Middle East office based in the Dubai International Financial Centre to take on the role of Head of Government Ratings for the Middle East.
Farouk was previously based in Standard & Poor’s London office where he managed the analytical team covering sovereign and sovereign-related ratings across the Middle East and Africa.
“Farouk’s relocation to Dubai is evidence of Standard & Poor’s ongoing strong commitment to the region, our continued efforts to engage with local investors and our growing business”, said Jan Willem Plantagie, regional head of Standard & Poor’s in the Middle East.
Standard & Poor’s has 114 public interactive credit ratings across the Gulf Cooperation Council, with interactive government ratings on all Gulf countries except the U.A.E., where we rate individually the Emirate of Abu Dhabi and Ras al Khaimah.
“With the economic and financial challenges currently facing the region, the need to be on the ground is greater than ever”, said Mr. Soussa. “Being based in Dubai also provides me with an even better opportunity to speak to investors, other intermediaries and the media on our credit views of the region”.