Middle East Economic Survey
VOL. LIII
No 48
29-Nov-2010
UAE
S&P Affirms Abu Dhabi Sovereign Ratings
Standard & Poors Ratings Services (S&P) has affirmed its sovereign ratings for Abu Dhabi with a stable outlook, citing prudent policy against geopolitical risk and a strong financial position. The agency maintained its AA long-term and A-1+ short-term sovereign credit ratings on the emirate, with its transfer and convertibility assessment unchanged at AA+. S&P also noted the...
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