Reflecting the country’s success in overcoming the repercussions of the “Corona” pandemic

The UAE is the first in the Arab world in the sovereign credit ratings of 4 international agencies

A stable outlook for the national economy in the sovereign assessment.

archival

The UAE ranked first in the Arab world in the sovereign credit ratings of four of the major credit rating agencies in the world (Moody's, Fitch, Capital Intelligence and IHS), for the year 2021, which reflects the effectiveness of the UAE's economic visions and directions and its effective forward-looking policy, which was reflected in the strength and stability of its economic and credit sectors. .

The UAE achieved a level of “AA+” from “Fitch”, “AA2” from “Moody’s”, “AA-” from “Capital Intelligence” and “AA-” from “EHS”, with a stable future outlook. The National Economy in the Sovereign Assessment for 2021, according to the Arab Investment and Export Credit Guarantee Corporation (Daman).

These strong sovereign ratings reflect the UAE’s well-deserved success in overcoming the repercussions of the “Corona” pandemic and the strength and flexibility of its policy in dealing with emergency and exceptional global circumstances, in a manner that enhances its pivotal position as a global economic center, in line with the directions of the UAE for the next 50 years.

Follow our latest local and sports news and the latest political and economic developments via Google news