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fitch
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Abu Dhabi in talks with banks for potential debt: Sources
Abu Dhabi has been in talks with banks for potential debt sales in the international markets this year as the oil-rich emirate plans to engage global ... Economy -
Fitch affirms Egypt’s rating at ‘B+’ stable outlook
Fitch Ratings affirmed on Monday Egypt’s Long-Term Foreign Currency Issuer Default Rating (IDR) at “B+” with a stable outlook, ... Economy -
Fitch affirms China’s A+ rating with a stable outlook
Global credit rating agency Fitch Ratings affirmed China’s long term foreign currency rating at A+, saying it was supported by the ... Economy -
Fitch downgrades major Lebanese banks amid ongoing political turmoil
Fitch Ratings further downgraded on Wednesday one of Lebanon's largest lenders, Byblos Bank, due to its substantial exposure to the country’s ... Economy -
UAE bank assets under pressure by weakening property sector: Fitch
UAE-based banks are increasingly at risk from their asset quality deteriorating as the country’s domestic real estate weakens, with prices now ... Economy -
Protests continue in Hong Kong despite bill’s withdrawal
Hong Kong protesters besieged a police station and a subway stop on Friday in continuing defiance despite the government’s promise to kill a ... World News -
Ratings agency Fitch downgrades Hong Kong to ‘AA’ amid negative outlook
Global ratings agency Fitch downgraded Hong Kong from AA+ to AA on Friday, citing a more challenging economic landscape as a result of continued ... Economy -
Fitch downgrades Turkey’s debt after central bank chief dismissal
Ratings agency Fitch on Friday downgraded Turkey’s sovereign debt by one notch to ‘BB-’ with a negative outlook, after President ... Economy -
First Abu Dhabi Bank plans to raise $750 mln in sukuk
First Abu Dhabi Bank (FAB), the largest lender in the United Arab Emirates, is expected to raise $750 million in Islamic bonds, according to a ... Financial Markets -
Fitch: Khashoggi case will not affect Saudi rating
Rating agency Fitch said it is unlikely that its assessment of the kingdom’s credit risk would be affected by recent developments in the region ... Economy -
Despite the downgrade, Qatar refuses to recognize losses
Qatar's Ambassador to the Republic of Venezuela Batal Mojab Al Dosari said in response to Fitch's report on the expected decline in net foreign assets ... Economy -
Fitch cuts Qatar’s credit rating as crisis continues
Qatar’s government may reduce its capital spending on economic projects and infrastructure if damage to its economy from the ongoing crisis ... Economy -
Moody’s gets license to rate Saudi Arabia’s corporates
Moody’s has obtained a license to operate rating activities in Saudi Arabia, joining the two major foreign credit rating agencies Fitch and ... Economy -
Saudi Arabia allows Fitch to conduct credit rating activities
Rating agency Fitch has obtained a license to operate in Saudi Arabia, the country’s capital markets regulator said on Monday, as the kingdom ... Financial Markets -
Saudi receives AA- credit rating from Fitch
The ratings agency Fitch has confirmed Saudi’s credit rating at AA-, with a negative outlook. The agency identified a number of risks including ... Economy -
Fitch cuts Egypt to B-minus on political worries
Fitch Ratings downgraded Egypt's credit rating on Friday, citing the political turmoil this week that has toppled the country's first freely elected ... Economy
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