Fitch Ratings has revised the outlooks on Saudi Arabia's long-term foreign and local currency issuer default ratings (IDR) to negative from stable citing lower oil prices and higher state spending associated with the accession of a new king
Real growth in Bahrain’s construction industry is on track to average 3.6 per cent up to 2018, buoyed by government investment in infrastructure and social housing, a report said.
This is an improved outlook on a year ago, a
Etihad Airways, the national carrier of the UAE, has been assigned the rating of ‘A’ with a Stable Outlook, by Fitch Ratings, a leading credit ratings agencies.
Fitch Ratings issued the Long-term Issuer Default Rating
Fitch Ratings has affirmed Gulf International Bank's (GIB) long-term issuer default ratings (IDRs) at 'A' and the viability rating (VR) at 'bbb-'.
The outlook for the long-term IDR is stable, said a report in
Ratings agencies gave a broadly upbeat assessment of the euro zone's creditworthiness yesterday, contrasting sharply with reviews of recent years and reflecting growing confidence in the region's fiscal and economic recovery.
Ratings agency Fitch cut its growth forecasts for Turkey for 2014 and 2015 on Friday, citing slower domestic lending growth and signs that consumer and investor confidence are moderating.
It now sees the economy expanding by 2.5 p
Fitch Ratings, a leading rating agency, has affirmed the Saudi British Bank’s (SABB) long term credit rating at “A” with a stable outlook.
The ratings affirmation and outlook revision reflects SABB’s financ
National Bank of Abu Dhabi (NBAD) and National Bank of Kuwait (NBK) have been ranked as the world’s safest banks for 2013 by Global Finance magazine from the Middle East and Africa region.
The others in the Top 10 list include Qat
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
DP World, the world's third-largest port operator, said Fitch Ratings has affirmed its long-term Issuer Default Rating (IDR) at 'BBB-' with a stable outlook.
Fitch has also affirmed the senior unsecured rating at 'BBB-