MarketsTop StoriesUAE’s debt capital market likely to top USD 300 billion in 2025: FitchGBO CorrespondentJuly 24, 2024 GBO CorrespondentJuly 24, 2024 Fitch rates sukuk issued in the United Arab Emirates at USD 26.5...
EconomyTop StoriesFitch maintains UAE’s ‘AA-‘ rating, here are the reasonsGBO CorrespondentJuly 2, 2024 GBO CorrespondentJuly 2, 2024 Fitch stated that even with a moderate government debt-to-GDP ratio, the UAE's...
MarketsTop StoriesGCC fragmented debt market continues to rise, finds FitchGBO CorrespondentMay 28, 2024May 27, 2024 GBO CorrespondentMay 28, 2024May 27, 2024 Over the last fifteen months, Fitch has upgraded Oman, Qatar, and Saudi...
EconomyTop StoriesFitch upgrades Nigeria’s outlook from stable to positiveGBO CorrespondentMay 9, 2024 GBO CorrespondentMay 9, 2024 Nigeria and Egypt’s economic fortunes have dimmed in the last few months...
Banking and FinanceTop StoriesFitch predicts losses for Gulf banks with Turkish subsidiariesGBO CorrespondentApril 18, 2024 GBO CorrespondentApril 18, 2024 Fitch predicts that inflation in Turkey will likely average 29% in 2025...
EconomyTop StoriesFitch affirms Saudi Arabia ‘A+’ ratingGBO CorrespondentFebruary 8, 2024 GBO CorrespondentFebruary 8, 2024 Saudi Arabia possesses substantial fiscal buffers in the form of deposits and...
EconomyIssue 01 - 2024MAGAZINEEconomy faces uncertainty amid warGBO CorrespondentJanuary 30, 2024January 30, 2024 GBO CorrespondentJanuary 30, 2024January 30, 2024 Exchange rates, commodities prices, and stock market indices are all significantly impacted...
EconomyTop StoriesFitch rates Nigeria ‘B-‘ with stable outlookGBO CorrespondentNovember 10, 2023November 9, 2023 GBO CorrespondentNovember 10, 2023November 9, 2023 Positively, Fitch stated that reforms have advanced more quickly than expected since...
Oil and GasTop StoriesFuel subsidy reforms credit positive for Nigeria: FitchGBO CorrespondentJune 16, 2023 GBO CorrespondentJune 16, 2023 Despite numerous attempts at reform, Nigeria was not able to successfully abolish...
EconomyTop StoriesFitch downgrades Egypt to ‘B’ as economy staggerGBO CorrespondentMay 10, 2023 GBO CorrespondentMay 10, 2023 Fitch stated that the uncertainty around Egypt's ability to meet its external...