Moody's keeps UAE rating; S&P pressures Iraq

Moody's Agency confirmed the UAE's credit rating at Aa2 with a stable outlook, praising the resilience of its economy and the diversification of its financial sectors, especially amid energy market disruptions and the maintaining of infrastructure stability. Conversely, Standard & Poor's Agency maintained Iraq's rating at "B-/B" with a negative outlook, warning of heavy reliance on oil and the economy's vulnerability to current challenges in supply and export.

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