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    <title>Fitch places four Dubai-based banks' Individual ratings on Watch Negative</title>
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    <pubDate>Sat, 05 Dec 2009 16:00:00 +0400</pubDate>
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        Fitch Ratings has today affirmed the long-term Issuer Default Ratings and placed the Individual ratings of four Dubai-based banks on Rating Watch Negative (RWN) in light of the continuing uncertainty in the Dubai economy following Dubai World's (DW) request on 25 November 2009 to postpone debt repayments. 
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    <title>Fitch: Dubai has no impact on state-supported corporate ratings in other countries</title>
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    <pubDate>Sat, 05 Dec 2009 10:47:55 +0400</pubDate>
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        Fitch Ratings says policy developments surrounding state support for Dubai-based entities will not result in a broader reassessment of how the agency assesses sovereign support, or current expectations of support, when assigning corporate bond ratings for state-owned enterprises (SOE) in other countries.  
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    <title>Fitch downgrades Hamriyah Free Zone Authority to 'BBB-'; places on watch negative</title>
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    <pubDate>Sat, 05 Dec 2009 10:37:06 +0400</pubDate>
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        Fitch Ratings has today downgraded Hamriyah Free Zone Authority's (HFZA) Long-term Issuer Default Rating (IDR) to 'BBB-' from 'BBB+'.
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    <title>Fitch affirms Emirates Telecom at 'A+'; outlook stable</title>
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    <pubDate>Sat, 05 Dec 2009 10:29:10 +0400</pubDate>
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        Fitch Ratings has affirmed UAE-based Emirates Telecom Corp.'s (Etisalat) Long-term Issuer Default Rating (IDR) at 'A+' with a stable outlook.
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    <title>160k clients used rented cars in Dubai in 11 months</title>
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    <pubDate>Sat, 05 Dec 2009 10:20:59 +0400</pubDate>
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        A statistic recently compiled by Licensing Agency at Roads and Transport Authority (RTA) revealed that the number of clients of car rental activities in Dubai was as high as 160,000 during the period from the beginning of January 2009 to the end of November of the same year, through car rental commercial outlets, the number of which totalled 1,266 firms in Dubai.
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