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Bahrain Revenues to Rise by 1.8% as VAT Increases to 10%: Moody's
2021-10-05
Moody's Agency predicts that Bahrain will be able to increase the Value Added Tax from 5% to 10% at the beginning of next January, to increase state revenues by about 1.8% of GDP.
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Fitch: Gulf Support to Bahrain May Be through Allowing it Larger Share of Abu Safa'a Oil Field
2018-06-29
Fitch Rating said in a statement reported by Reuters that the financial support for Bahrain, being prepared by the GCC, will ease near-term external financing pressures, but a more durable improvement in Bahrain's financial position will depend both on the scale and nature of GCC support and on Bahrain's ability to implement fiscal reform.
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Fitch Downgrades Mumtalakat and NOGA Ratings
2018-03-12
Fitch Ratings has downgraded Bahrain Mumtalakat Holding Company's (Mumtalakat) Long-Term Issuer Default Ratings (IDR) to 'BB-' from 'BB+' and maintained it on Rating Watch Negative (RWN).
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Fitch Expects Cutting Ties with Qatar Would Affect Bahrain’s Growth
2017-06-14
Fitch Ratings expected a limited direct impact on Bahrain’s economy as a result of cutting ties with Qatar.
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Fitch: Bahrain Positive Rating Requires Broadly Accepted Political Solution
2015-12-19
Bahrain Mirror: Fitch Ratings has revised Bahrain Mumtalakat Holding Company's (Mumtalakat) Outlook to Negative from Stable and affirmed the Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB-'.