FITCH RATINGS
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BUSINESS
UAE, Persian Gulf Arab states face grim debt prospect
A forecast shows UAE and other Arab states in the Persian Gulf will see their debts rise next year.
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ECONOMY
Fitch studying Iran as businesses rush in
The global rating agency Fitch is preparing to prepare an initial assessment of Iran’s economy as businesses are increasingly showing interest in the country’s post-sanctions business potentials.
INTERVIEWS
‘Fall in oil price to affect S Arabia severely’
An analyst says the fall in oil prices is going to have severe implications on Saudi Arabia and if its money dwindles, it will become less attractive to those who have been supporting it.
BUSINESS
Fitch slashes Saudi rating over oil price
Fitch Ratings lowers Saudi Arabia’s credit rating due to tumbling oil prices.
BUSINESS
Fitch cuts Azeri credit rating to junk
Fitch Ratings has cut Azerbaijan to junk as a collapse in crude is wreaking havoc in the former Soviet Union’s third-biggest oil exporter.
ENERGY
‘Iran to be major gas exporter after 2020’
The global rating agency Fitch says Iran will become a major exporter of natural gas within the next five years.
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Fitch downgrades Ukraine’s credit rating
Fitch Ratings downgrades Ukraine’s credit rating, citing the war-torn country will probably be forced to default.
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