The UAE has achieved advanced positions in the credit ratings of international institutions such as Fitch and Moody's with a stable outlook, which reflects the creditworthiness of federal government institutions and their ability to formulate the necessary policies to continue growth.
Last July, the country obtained a sovereign credit rating of AA - very strong with a stable outlook from Fitch, according to the official portal of the UAE government.
In December 2020, the UAE received an Aa2 credit rating from Moody’s, which is the strongest sovereign rating in the region with a stable outlook for the UAE economy.
It is noteworthy that although there are about 150 accredited credit rating agencies operating in about 32 countries, the credit rating market is controlled by 3 main agencies; They are (Moody's), (Standard & Poor's) and (Fitch), which undertakes the task of evaluating the financial situation, and its primary focus is on evaluating the ability to repay debts, as it is the most important criterion for investors.
