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Fitch Ratings

Fitch: UAE banking system continues to perform well but risks remain
- Fitch Ratings said in a country report issued yesterday that the UAE banking system's performance remains good with rapid loan growth supporting strong profitability. However, risks remain from too rapid loan growth and exposure to potentially volatile regional stock markets and property sectors.
- United Arab Emirates: Wednesday, May 16 - 2007 at 09:44

Fitch: Saudi banks' profit growth to moderate in the face of challenges ahead
- Fitch Ratings says Saudi banks' profit growth is expected to be moderate in 2007, but more importantly at sustainable levels, amid lower stock market-related earnings and a slowdown in consumer loans.
- United Arab Emirates: Wednesday, May 02 - 2007 at 11:24

Fitch: UAE banks to maintain healthy performance in 2007
- Fitch Ratings says in a special report issued that United Arab Emirates ('UAE') banks are expected to maintain their healthy performance in 2007, although their asset quality may be challenged in the longer-term by recent strong loan growth.
- United Arab Emirates: Saturday, April 21 - 2007 at 09:39

Fitch affirms Abu Dhabi Commercial Bank at Support '1'
- Fitch Ratings-London-03 April 2007: Fitch Ratings has today affirmed Abu Dhabi Commercial Bank's ('ADCB') Support rating at '1'.
- United Arab Emirates: Wednesday, April 04 - 2007 at 08:19

Fitch affirms Kuwait Real Estate Bank at IDR 'A-'; outlook Stable
- Fitch Ratings has today affirmed Kuwait Real Estate Bank's ('KREB') ratings at Issuer Default 'A-' (A minus), Short-term 'F2', Individual 'C/D' and Support '1'.
- Kuwait: Saturday, March 31 - 2007 at 17:04

Fitch: Positive trends continue for Bahraini banking system but risks remain
- Fitch Ratings says in a counrty report issued today that the Bahraini banking system's performance continues to exhibit positive trends, with improving profitability and satisfactory asset quality and capitalisation.
- Bahrain: Thursday, March 29 - 2007 at 09:36

Fitch affirms national ratings for United Finance Company; Outlook Stable
- Fitch Ratings has today affirmed Oman-based United Finance Company SAOG's ('UFC') National ratings at Long-term 'BBB(omn)' with Stable Outlook and Short-term 'F3 (omn)'.
- Oman: Wednesday, March 21 - 2007 at 16:01

Fitch affirms Dubai Holding Commercial Operations Group ratings upon Emaar Equity Stake acquisition
- Fitch Ratings has affirmed the Dubai Holding Commercial Operations Group LLC's ('DHCOG') Issuer Default and short term ratings at 'AA-' (AA minus) and 'F1+' respectively.
- United Arab Emirates: Wednesday, March 21 - 2007 at 07:48




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