Fitch Ratings
Fitch: GCC oil boom/currency pegs bring faster inflation
- Fitch Ratings says inflation in the member countries of the Gulf Cooperation Council (GCC) is set to rise further in the absence of effective policy tools to prevent it.
- United Arab Emirates: Thursday, May 22 - 2008 at 11:09
Fitch assigns Qatar's Doha Bank 'A' rating - Outlook Stable
- Fitch Ratings assigned Qatar's Doha Bank (DB) a Long-term Issuer Default rating (IDR) of 'A' with Stable Outlook, Short-term IDR 'F1' and Support Rating Floor of 'A'.
- Qatar: Wednesday, May 21 - 2008 at 10:07
Fitch: Saudi Banks' 2007 results down, but outlook promising
- Fitch Ratings has said in a special report that the Saudi banking boom briefly stalled in 2007, due to lower sector profitability.
- Saudi Arabia: Tuesday, May 20 - 2008 at 11:07
Fitch downgrades Gulf Investment Corporation's Individual rating to 'C/D'; affirms IDR at 'A'
- Fitch Ratings has downgraded Kuwait-based Gulf Investment Corporation's (GIC) Individual rating to 'C/D' from 'C'.
- Kuwait: Tuesday, May 20 - 2008 at 07:38
Fitch affirms Jordan's Cairo Amman Bank at Support '3'
- Fitch Ratings has affirmed Jordan-based Cairo Amman Bank's (CAB) Support rating at '3'.
- Jordan: Wednesday, May 14 - 2008 at 15:24
Fitch affirms Kuwait International Bank at IDR 'A-'; Outlook Stable
- Fitch Ratings has today affirmed Kuwait International Bank's (KIB) ratings at Long-term Issuer Default Rating (IDR) 'A-' (A minus), Short-term IDR 'F2', Individual 'C/D', Support '1' and Support Rating Floor 'A-' (A minus). The Outlook is Stable.
- Kuwait: Tuesday, May 13 - 2008 at 08:01
Fitch: UAE banks to extend strong performance in 2008
- Fitch Ratings says in a special report issued today that the positive trend in UAE banks' performances continued in 2007 and is expected to persist in the current year.
- United Arab Emirates: Tuesday, May 13 - 2008 at 07:20
Fitch upgrades Bank Muscat's individual rating 'B/C'
- Fitch Ratings has today upgraded Oman-based Bank Muscat's (BM) Individual rating to 'B/C' from 'C' and affirmed its other ratings at Long-term Issuer Default (IDR) 'A-' (A minus) with Stable Outlook, Short-term IDR 'F2' and Support '1'.
- Oman: Sunday, May 11 - 2008 at 10:48
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