Fitch to withdraw Dewa ratings
Due to lack of information to assess the emirate, Fitch Ratings will withdraw the ratings of Dubai Electricity and Water Authority (Dewa) in the next two weeks.
While information flow from Dewa is regular and comprehensive, Fitch has considered it necessary to form a judgement on view of Dubai to complete the information profile for the issuer, for which levels of information are expected to be insufficient going forward.
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