Gulf Times - Fitch
Fitch affirms Commercial Bank’s rating at ‘A’ with stable outlook

Fitch affirms Commercial Bank’s rating at ‘A’ with stable outlook

Fitch Ratings has affirmed Commercial Bank’s Long-Term Issuer Default Rating (IDR) at ‘A’ with a stable outlook, short-term IDR at ‘F1’, viability rating (VR) was downgraded to ‘bb+’ from ‘bbb’.

Fiscal balances set to weaken across GCC in 2019: Fitch

Fiscal balances set to weaken across GCC in 2019: Fitch

Fiscal balances are set to weaken across much of the Gulf Co-operation Council (GCC) in 2019, maintaining pressure on some sovereign balance sheets, according to Fitch, a global credit rating agency.

No-deal Brexit almost certain to trigger UK rating cut: Fitch

No-deal Brexit almost certain to trigger UK rating cut: Fitch

A no-deal Brexit would almost certainly mean Britain's credit rating would be cut again early next year, rating agency Fitch warned on Monday.

Fitch sees more GCC privatisation plans in 2019

Fitch sees more GCC privatisation plans in 2019

Fitch, an international credit rating agency, expects more privatisation plans in the Gulf Co-operation Council (GCC) in 2019, starting with the utilities sector, without compromising the links with the sovereigns.

Qatar's fiscal deficit declining despite siege: Fitch

Qatar's fiscal deficit declining despite siege: Fitch

Qatar's fiscal deficit is narrowing despite the economic boycott that began in June last year, according global credit rating agency Fitch.

Qatar can easily defend its currency peg on ample dollar liquidity: BMI

Qatar can easily defend its currency peg on ample dollar liquidity: BMI

Qatar, which can easily defend its foreign exchange peg with the greenback, has the ability to inject dollar liquidity in order to narrow the gap between the onshore and offshore currency rates, according to BMI, a Fitch company.

Nebras Power acquires QEWC stakes in Oman power firm

Nebras Power acquires QEWC stakes in Oman power firm

Nebras Power has entered into an agreement to acquire Qatar Electricity and Water Company's (QEWC) stake in Oman-based Phoenix Power Company and Phoenix Operating and Maintenance Company.