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Moody's has rated Emaar Properties' long-term creditworthiness rating at (Baa3).
According to Arab Net, the agency revised its future outlook for the company, from negative to stable, on the back of strong financial performance.
In a related context, Moody's affirmed its credit rating for Emaar Malls Management at (Baa2).
It also revised its outlook for the company's rating from negative to stable due to the strong operational performance during the recent period.
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