REGIONAL

 

MENA Economic Divergence Set To Widen In 2014-Fitch

 

Fitch Ratings expects sovereign creditworthiness in the Middle East and North Africa (MENA) region in 2014 to remain stable overall. However prospects are far more favorable for the region’s oil exporters than for its oil importers, the ratings agency notes.

In a 13 December report on the economic outlook for those MENA countries it covers, Fitch says that two sovereigns, Saudi Arabia and Israel, are on...