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Where's the nearest cash machine? order ezetimibe online Etisalat's IDR is based on Fitch's assessment of the sovereign's creditworthiness, given Etisalat's strong operational and strategic ties with the UAE. Etisalat is 60.03%-owned by the state, and it is stipulated by law that state ownership cannot fall below 60%. Fitch's approach and top-down methodology takes into account the assumed government support in line with Fitch's parent and subsidiary rating linkage methodology. Fitch views government support as integral to the company's international expansion plans.