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Moody's Keeps Salik's Rating on Strong Business Model

MT Newswires·12/09/2025 23:15:55
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11:15 PM EST, 12/09/2025 (MT Newswires) -- Moody's Ratings on Tuesday reiterated the A3 issuer default rating of Salik (DFM:SALIK), with a stable outlook. The rating affirmation highlights the tollgate operator's strong business model, robust financial performance, and a low business risk profile. The rating agency also noted Salik's position as Dubai's exclusive toll gate operator, low competition, as well as a long-term deal with the Roads and Transport Authority.