‎Fitch affirms Salik’s rating at A; outlook revised to negative

‎<p class="ckeCaption" ><span ><span class="ckeCaption" ><img src="https://argaamplus.s3.amazonaws.com/cab87c35-458d-415e-aaa9-1037906901ac.png" ></span></span>The rating reflects strength of Salik’s business model, robust financial position, and stable cash flows.</p> <hr> <p>Fitch Ratings affirmed Salik long-term issuer default rating at 'A', revising the outlook from 'stable' to 'negative'.</p> <p><br> The rating reflects the strength of Salik’s business model, robust financial position, and stable cash flows. It further implies Fitch’s view of the broader external operating environment and prevailing market conditions, while Salik's operating fundamentals and strong, flexible independent financial position remain intact.</p> <p></p> <p>Salik further noted that the outlook revision does not impact its current credit rating, reiterating commitment to maintaining a strong balance sheet, disciplined financial policies, and high liquidity levels that support its long-term growth strategy.</p> <p ><br> </p>

Publication

Argaam - UAE News · Trade Publication

Published

2nd August 2026

Original report

argaam.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.