Middle East Economic Survey

VOL. LIII

No 2

11-Jan-2010

UAE

Moodys Updates Support Assumptions For UAEs Government-Related Issuers

Moodys Investors Service published a Special Comment on 7 January explaining the criteria it is applying to its ongoing review of the support assumptions for all corporate government-related issuers (GRIs) in the UAE. Following Dubais decision to explicitly segregate its direct obligations from those of its GRIs and to articulate increased conditionality for the...