Mubasher: Moody's Investors Service has affirmed the credit ratings of Kuwait Investment at ‘Bb2’, with a stable outlook, according to a bourse statement released on Tuesday.

The ratings reflected the company’s profitable work model and ability to secure funds at a low cost, Moody’s said.

Kuwait Investment has never changed since November 2014.

It is worth noting that the Boursa Kuwait-listed firm turned to losses during the third quarter of 2019, recording a net loss of KWD 306,664.