Thursday 24 July 2014
 
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Fitch affirms GIC rating with stable outlook

Fitch 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

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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

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Mumtalakat boost as Fitch affirms ratings

Fitch 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

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Fitch affirms NBK rating with stable outlook

Fitch 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

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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

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Fitch reaffirms Bahrain’s credit rating

Fitch, the international rating agency, has reaffirmed Bahrain’s long-term foreign currency issuer default rating (IDR) at “A” and long-term local currency IDR at “A+”, both with stable outlooks. The country ceiling is also affirmed at “A+

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Fitch affirms stable rating for GIB

Fitch Ratings has affirmed the Bahrain-based Gulf International Bank's (GIB) ratings at Long-term Issuer Default (IDR) 'A' with a Stable Outlook, Short-term IDR 'F1', Individual 'C/D', Support '1' and Support Ra

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