2 Hrs
Source:
المشهد العربي
المشهد العربي
Ready to play
Ready to play
Standard & Poor's has maintained the United Arab Emirates' credit rating at AA/A-1+, with a stable outlook, supported by a strong external financial position and net assets amounting to approximately 147% of GDP, providing protection against geopolitical shocks and energy market fluctuations. The UAE's public debt stands at around 26% of GDP, with forecasts indicating an average fiscal surplus of 2.3% between 2026 and 2029. Economic growth is expected to recover, reaching an average of 6.2% between 2027 and 2029, driven by increased oil production and "Adnoc's" plans to reach an production capacity of 5 million barrels per day.
Notice: This Is an AI-Generated Summary
Comments (0)