Fitch Ratings | Egypt Oil & Gas
APICORP Receives AA Credit Rating from Fitch Ratings
Arab Petroleum Investment Corporation (APICORP) has received ‘AA’ rating from Fitch Ratings, a leading provider of credit ratings, reflecting a strong credit profile and continued growth, according to a press release....
ADNOC Ranked AA+ by Fitch Ratings
The Abu Dhabi National Oil Company (ADNOC) has been assigned AA+ as a standalone credit rating and a Long-Term Issuer Default Rating (IDR) of AA by Fitch Ratings, ADNOC announced on February 19. The credit rating refe...
Fitch: Egypt’s Energy Price Increase Show Commitment
Egypt’s new budget and the decrease of electricity and fuel subsidies show that Egypt is committed to the fiscal consolidation as well as the economic reform, which is supported by the country’s Internatio...
Fitch: Kuwait Rated AA with Stable Outlook
Fitch ratings stated that Kuwait was rated AA with a stable outlook, and the country has an exceptionally strong fiscal position, yet it has achieved smaller fiscal consolidation than other regional countries, based o...
Egypt Receives ‘B’ Rate with Stable Outlook
Fitch Ratings, one of the three biggest credit rating agencies in the world, has maintained its sovereign rating on Egypt at a ‘B’ with a Stable Outlook, informed Reuters. Egypt, the most densely populated nation in t... Fitch Hints to Downgrade Major Oil Companies
Fitch Ratings Agency stated that weak oil prices in 2016 will leave five out of seven large oil companies with financial leverage above the required level, the Offshore Support Journal reported citing Fitch’s re...Page 1 of 1
