Fitch

Builders bruised by Dubai real estate market woes
Middle East

Builders bruised by Dubai real estate market woes

DUBAI (Reuters) – Dubai’s real estate downturn is forcing construction and engineering firms to cut jobs and halt expansion plans,…
Russia outlook negative on weak ruble, inflation: Fitch
Business

Russia outlook negative on weak ruble, inflation: Fitch

As the weak ruble and high inflation hurt Russia's economy, Fitch Rating's outlook for the country remained negative, in its…
Fitch raises Greece rating
Business

Fitch raises Greece rating

Fitch Ratings raised its credit grade for Greece by one notch to CCC Tuesday, saying the new bailout deal reached…
Fitch revises Saudi Arabia’s outlook to negative
Business

Fitch revises Saudi Arabia’s outlook to negative

Fitch Ratings revised its outlook on Saudi Arabia's foreign and local currency issuer default rating (IDR) to "negative" from "stable,"…
Egypt to contract with Fitch and S&P to credit rate its US$1.5 bn bond issue
Egypt

Egypt to contract with Fitch and S&P to credit rate its US$1.5 bn bond issue

Egypt’s Finance Ministry has requested from the Egyptian Cabinet to directly contract with Fitch and Standard and Poor’s (S&P) to…
Minister: Fitch’s upgrade to Egypt’s credit rating helps attract investments
Business

Minister: Fitch’s upgrade to Egypt’s credit rating helps attract investments

Finance Minister Hany Qadry Dimian considers Fitch Ratings' decision to upgrade its evaluation of the Egyptian economy as an important…
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