Qatar's 'AA-' ratings, Fitch said, “reflect a strong sovereign net foreign asset position, one of the world's highest ratios of GDP per capita and a flexible public finance structure allowing for favourable debt dynamics and a robust response to “limit the fiscal impact” of the coronavirus pandemic.
Fitch Ratings has affirmed Doha Bank's (DB) Long-Term Issuer Default Rating (IDR) at 'A' with a stable outlook.
Funding and liquidity are no longer the key risks to Qatari banks, as $24bn in non-resident deposits and interbank placements have flowed back into the system since November 2017 ...
Qatari Islamic banks are looking at overseas expansion (including in Morocco and in the UK) as part of strategy to achieve faster growth, improved funding costs and funding diversification ...
Qatar Petroleum (QP) may "increasingly tap the debt markets" in the coming years to finance the expansion of liquefied natural gas (LNG) production capacity from the North Field
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 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.
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.
Qatar's fiscal deficit is narrowing despite the economic boycott that began in June last year, according global credit rating agency Fitch.
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 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.