GFH Financial Group (GFH), the Bahrain based Islamic financial group, said it has received a long-term Issuer Default Rating (IDR) at 'B-' with a stable outlook from international credit rating agency Fitch.
Fitch has prim
Gulf countries' currency pegs to the dollar are under pressure from low oil prices and a stronger dollar but there is no chance of them being abolished, ratings agency Fitch said on Tuesday.
Oil exporters in the region includi
Fitch Learning is partnering with Bahrain Institute of Banking and Finance (BIBF) to launch the region’s first advanced Corporate Credit Analysis programme. Scheduled to be held from December 6 to 8 at BIBF’s campus in Juffair, the
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