- Index : Company News : Fitch Ratings : Page 15
Fitch Ratings

Fitch: Emirates NBD merger positive for the UAE banking sector
- Fitch Ratings says the proposed merger between Emirates Bank International ('EBI') and National Bank of Dubai ('NBD') will create a banking group that is better placed to compete both domestically and within the GCC region, especially for the increasing number of infrastructure projects.
- United Arab Emirates: Saturday, July 14 - 2007 at 09:22

Fitch assigns Egypt's local currency bond 'BB+' Rating
- Fitch Ratings has assigned the Arab Republic of Egypt's forthcoming EGP-denominated 5-year benchmark bond a 'BB+' rating.
- Egypt: Thursday, July 12 - 2007 at 09:25

Fitch upgrades Arab National Bank to 'A'/'F1'/'B', outlook stable
- Fitch Ratings has upgraded Saudi Arabia-based Arab National Bank's ('ANB') Long-term Issuer Default Rating ('IDR') to 'A' from 'A-' (A minus), Short-term IDR to 'F1' from 'F2' and Individual rating to 'B' from 'B/C'.
- Saudi Arabia: Wednesday, July 11 - 2007 at 10:26

Fitch upgrades six UAE banks on the assignment of ratings to Abu Dhabi
- Fitch Ratings has upgraded six UAE-based banks following the assignment of foreign and local currency Issuer Default Ratings (IDRs) to Abu Dhabi, the most significant of the seven emirates that make up the United Arab Emirates (UAE).
- United Arab Emirates: Tuesday, July 10 - 2007 at 09:57

Fitch affirms SAMBA Financial Group at 'A'/'F1'; outlook Stable
- Fitch Ratings has affirmed Saudi Arabia-based SAMBA Financial Group (Samba) ratings at Long-term Issuer Default (IDR) 'A', Short-term IDR 'F1', Individual 'B' and Support '1'.
- Saudi Arabia: Saturday, July 07 - 2007 at 10:40

Fitch: Expected rating of 'BBB+' for Qatar Real Estate Investment Company - related Sukuk issue
- Fitch Ratings has assigned an expected 'BBB+' Senior Unsecured rating to Qatar Alaqaria Sukuk Company's prospective US dollar-denominated benchmark-size Trust Certificates (Sukuk) due 2012.
- Qatar: Saturday, July 07 - 2007 at 09:06

Fitch assigns Qatar Real Estate Investment Company 'BBB+'; Outlook Stable
- Fitch Ratings has assigned Qatar Real Estate Investment Company Q.S.C. (also trading under the name and henceforth referred to as 'Alaqaria') a Long-term Issuer Default rating (IDR) of 'BBB+' and a Short-term IDR of 'F2'.
- Qatar: Wednesday, July 04 - 2007 at 08:17

Fitch assigns Abu Dhabi 'AA' ratings; Outlook Stable
- Fitch Ratings-London-02 July 2007: Fitch Ratings has today assigned the Emirate of Abu Dhabi foreign currency and local currency Issuer Default ratings ('IDR') of 'AA' with a Stable Outlook.
- United Arab Emirates: Tuesday, July 03 - 2007 at 08:44




Web Feeds