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Fitch Rates UAE Outlook Stable ‘-AA’

Fitch Ratings Inc., the US credit rating agency, has rated the federal government of the UAE at -AA with a Stable Outlook. The move reflects...

Loan losses of Gulf banks to drop, according Fitch

Fitch Ratings has said that banks in the GCC region are likely to report lower loan and investment losses in 2011 because impairments have...

Emirates NBD to utilize services of Fitch Ratings, Moody’s, Capital Intelligence

Emirates NBD discontinues use of S'&'P Ratings Emirates NBD announced today that the company has elected to discontinue use of Standard '&' Poor's...