S&P lifts three Qatar companies to stable views

S&P said it revised the outlook to stable from negative on three Qatari government-related entities following a similar rating action on Qatar's outlook.

The outlook of Ooredoo QPSC was lifted to stable and its A- and A-2 issuer credit ratings were affirmed.

Nakilat Inc.'s outlook was lifted to stable and it’s A+ issuer credit ratings were affirmed.

Industries Qatar QSC's outlook was revised to stable and its A+ issuer credit ratings were affirmed.

The outlooks on these companies follow the outlook on Qatar as the ratings reflect a high likelihood of government support, S&P explained.

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