Fitch Ratings agency announced its outlook for sovereign ratings of countries in the Middle East and North Africa region for 2026. The agency expects economic growth in the region to be resilient but will face several challenges, including geopolitical instability and energy price volatility. Additionally, Fitch notes that many countries in the region will continue to work on diversifying their economies to reduce dependence on oil and gas. The agency emphasizes that the success of these reforms will be a key factor in maintaining the countries' creditworthiness in the long term.
Fitch's Outlook for Sovereign Ratings in Middle East and North Africa for 2026
Fitch Ratings released its outlook for sovereign ratings in the Middle East and North Africa for 2026, highlighting resilient growth amidst challenges like geopolitical instability and energy dependency.