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Fitch affirms Abu Dhabi’s AA credit rating with stable outlook

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Gulf News
“Fitch affirms Abu Dhabi’s AA credit rating with stable outlook”

Fitch Ratings , one of the world’s leading international credit rating agencies, has affirmed Abu Dhabi’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'AA' with a Stable Outlook. The agency highlighted the Emirate's strong fiscal metrics and high GDP per capita, noting that Abu Dhabi maintains high net sovereign foreign assets alongside low government debt compared to peer rated sovereigns. Fitch attributed the Stable Outlook to the resilience of oil export revenues during the…

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