Low oil prices pose risk to Bahrain’s sovereign rating
London: The vulnerability of the sovereign credit profiles of net oil exporters, as shown by their fiscal breakeven oil prices, ...
Tag: Fitch Ratings
Fitch assigns Mumtalakat’s notes BBB rating
Paris/London: Fitch Ratings has assigned Bahrain Mumtalakat Holding Company's (BBB/Stable) upcoming trust certificate programme (Sukuk) and euro medium term note ...
GFH’s liquidity, leverage and funding in stable position
London: Bahrain-based Gulf Finance House’s liquidity, leverage and funding profile have stabilised and should provide some flexibility to work out ...
Fitch says DP World to remain cash flow negative
London: DP World, which enjoys a well-diversified status among its business peers, will remain cash flow negative until 2016 as ...
Fitch launches new capital model for EMEA insurers
London: Fitch Ratings has launched its Prism Factor-Based Capital Model (Prism FBM), the agency's risk-based model for assessing the capital ...
Fitch affirms Abu Dhabi at AA; outlook stable
London: Fitch Ratings has affirmed Abu Dhabi's long-term foreign and local currency issuer default ratings (IDR) at AA. The outlooks ...
Abu Dhabi banks’ NPLs declines to 5-year low
London: Abu Dhabi's banking sector performance has improved in line with the strengthening of the local and Dubai economies, according ...
Abu Dhabi boasts world’s highest per capita oil production
London: Abu Dhabi's economy remained heavily dependent on oil, which accounts for around 50% of GDP and the bulk of ...
Gaza conflict could jeopardize Israel deficit target
London: The fiscal and economic cost of Israel's latest incursion into the Gaza Strip may cause the government to narrowly ...
Fitch affirms IPIC at AA, outlook stable
London: Fitch Ratings has affirmed Abu Dhabi-based International Petroleum Investment Company PJSC's (IPIC) long-term local and foreign currency Issuer Default ...