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Fitch affirms UAE at 'AA-' with a stable outlookFitch Ratings has affirmed UAE’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'AA-' with a stable outlook, considering UAE’s moderate consolidated public debt level, strong net external asset position a More… |
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Fitch puts Bank ABC’s Long-Term Issuer Default Rating at BB+Fitch Ratings has affirmed Bank ABC’s Long-Term Issuer Default Rating (IDR) at ‘BB+’ with a ‘Stable Outlook’ in addition to its Viability Rating at ‘bb+’ driven by the bank’s standalone strength. More… |
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Fitch revises 8 Saudi banks to positive outlook; affirms IDRsFitch Ratings has revised eight Saudi banks' outlooks to Positive from Stable and affirmed their Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB+'. More… |
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DP World rating upgraded by FitchFitch Ratings has upgraded DP World Limited’s Long-Term Issuer Default Rating (IDR) to BBB+ from BBB and affirmed Short-Term IDR at F2. The rating outlook is stable. This follows on Fitch’s rating upgrade in August 2016 from More… |
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Fitch upgrades GFH ratingGFH Financial Group (GFH) announced today that Fitch Ratings, the international credit rating agency, has upgraded its long-term Issuer default rating (IDR) from 'B-' to 'B' with a positive outlook. The short-term More… |
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Fitch affirms GIC rating with stable outlookFitch Ratings has affirmed Gulf Investment Corporation's (GIC) long-term Issuer Default Rating (IDR) at 'BBB' with a stable outlook, a report said. Fitch has also upgraded the Viability Rating (VR) to 'bb' from More… |
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Bahrain’s reforms 'making economy resilient'Economic reforms launched by Bahrain are paying off, the governor of Central Bank of Bahrain (CBB) said as he welcomed the recent Fitch Ratings' announcement reaffirming Bahrain financial outlook stable. "These structural More… |
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Mumtalakat boost as Fitch affirms ratingsFitch Ratings has affirmed Bahrain Mumtalakat Holding Company's Long-Term Issuer Default Rating (IDR) and senior unsecured rating at BBB, said a report. Fitch has also affirmed Mumtalakat's Short-Term IDR at F3. The outloo More… |
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Fitch affirms NBK rating with stable outlookFitch Ratings, the international credit rating agency, has affirmed the National Bank of Kuwait’s (NBK) long-term issuer default rating (IDR) at AA- with a stable outlook. The short-term IDR is affirmed at F1+, support rating at 1 and the More… |
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Abu Dhabi's 'backing to remain selective'Fitch Ratings said Abu Dhabi's considered and so far indirect financial support for Dubai is in line with the agency's understanding of Abu Dhabi's attitude to support. A conservative attitude to support helps underpin Abu Dhabi's 'AA' lon More… |