Fitch Ratings recently upgraded global maritime operator DP World’s long-term Issuer Default Rating (IDR) to BBB from BBB- and its short-term IDR to F2 from F3. The rating outlook is stable.
The upgrade follows on the Fitch
Ratings agency Fitch has affirmed its sovereign rating on Turkey at 'BBB-', the lowest investment grade, but lowered its outlook to negative from stable in a review after last month's attempted military coup.
Gulf International Bank’s (GIB) credit ratings have been recently affirmed by both international credit rating agencies Moody’s and Fitch.
Fitch affirmed GIB's long term credit rating at 'A' with a stable o
Emerging markets face another wave of ratings downgrades next year, with the Africa/Middle East region potentially given a 'negative outlook' and Brazil at risk of a cut to junk, Fitch Ratings' top sovereign analyst said in an interv
Fitch Ratings has affirmed National Bank of Bahrain’s (NBB), Bank of Bahrain and Kuwait’s (BBK) and Arab Banking Corporation’s (ABC) long-term issuer default ratings (IDRs) at ‘BBB-’. Fitch has also affirmed Ahli
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