Saturday 31, December 2011 by Robin AmlĂ´t

Outlook Stable for GCC/Middle East Banks; risks remain, says Fitch

Fitch Ratings says the outlook for Gulf Cooperation Council (GCC)/Middle East banks is generally stable for 2012. Almost all the region's banks' Issuer Default Ratings (IDR) are on Stable Outlook, as a result of the probability of sovereign support.

Features & Analyses

Economics A tale of two trends

The continent’s GDP growth has been revised down to its smallest output in years—but that is not the full story. read more