Oil prices, policies and politics to dominate MEA ratings
Falling oil prices, the policy response of oil exporters, reform momentum and politics, will be the main influence on ratings ...
Tag: Fitch Ratings
Low oil prices become worst nightmare for oil producers
London: Weaker oil prices should drive worse-than-expected full-year results for major oil and gas producers, according to Fitch Ratings. “How ...
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, ...
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 ...