Fitch Ratings | Al Bawaba

Fitch Ratings latest

Risks to financial stability remain significant given unpredictability in the policy framework and Turkey’s large external financing requirements. (Shutterstock)

September 13th, 2018 - 09:03 GMT

Agencies Downgrade Turkish Banks in Response to Market Volatility

International rating agencies Moody’s and Fitch downgraded a number of Turkish banks, including Bank Audi’s subsidiary Odea Bank due to their exposure to the country’s financial crisis.

Al Bawaba

March 30th, 2015 - 02:51 GMT

Frozen: Arab Spring economies barely trading with one another

“It’s fair to say that the ‘economic miracle’ seen during the 2000s has come to an end,” said Jackson.

February 16th, 2015 - 06:47 GMT

Erdogan's 'unorthodox' views spark fear for Turkish economy

Majid Al Futtaim... balance sheet solid with assets
of $12.25 billion.

January 29th, 2015 - 04:55 GMT

'A magnet for shoppers': Majid Al-Futtaim to double in size after remarkable 2014

Al Bawaba

January 27th, 2015 - 04:55 GMT

In the right direction: Egypt's economic growth expected to go 'easily north of 4 percent'

Al Bawaba

June 1st, 2014 - 02:55 GMT

Fitch is not impressed: Egypt credit ratings constant despite Sisi's win

Return of Equity (RoE) for Saudi banks is 10 percent whereas U.S. and European counterparts only receive single digit returns (File Archive)

April 14th, 2014 - 02:00 GMT

Spotlight on Saudi Arabia’s "resilient" banking sector

Saudi Arabia's inflation rose from 2.9 to 3.5 percent last year, but authorities are saying that the situation "remains under control" (File Archive)

March 17th, 2014 - 11:00 GMT

Too much of a good thing? Saudi economy said to be stable, able to reach 4.4 pct growth in 2014

Last year, Maaden inaugurated a second major development, a $10.8 billion aluminium joint venture with US-based Alcoa

February 16th, 2014 - 07:28 GMT

Saudi Arabia plans industrial complex around phosphate mine

Egypt’s economy is curious because it is, as any economist observing it would tell you, an experiment. It follows no model, and it is driven mainly and solely by its huge population.

January 6th, 2014 - 10:27 GMT

The curious case of the Egyptian economy: not a single recession in 22 years

Egypt's stock market has continued to rise since Fitch upgraded the country's economic outlook Friday from negative to stable (Courtesy of Al Jazeera)

January 6th, 2014 - 09:08 GMT

Nothing to "Fitch" about: Egypt stocks continue to rise after economic outlook upgrade

Fitch ranked Saudi Arabia, UAE and Kuwait as the most stable banking environments in the GCC (Courtesy of The Telegraph)

December 19th, 2013 - 12:05 GMT

Fitch on GCC banks: bright outlook for 2014

One of Oman's largest economic sectors is tourism. The Sultanate hopes to have 12 million visitors by 2020 (Courtesy of One Oman)

November 3rd, 2013 - 11:48 GMT

Why this non-OPEC Gulf country is outpacing its GCC neighbors' economies