While about 84% of Fitch-rated sukuk in the GCC countries were rated investment grade, 63.2% was in the ‘A’ category, while 90% of issuers were on Stable Outlooks...
In October 2024, an earlier report by Fitch noted that growth in 2025 would be further supported by a rising number of high-net-worth individuals seeking asset management services within the Kingdom...
Fitch expects the United States Federal Reserve to cut rates by 125 basis points to 3.5% by Q4 2025, with most GCC central banks likely to follow suit...
As the two-tier insurance sector regulatory reforms come into play by 2028 end, reinsurers offering basic products will need over USD 63 million worth minimum equity capital...