Global ratings agencies laud UAE's economic resilience

The world's top three credit rating agencies Fitch Ratings (Fitch), S&P Global (S&P), and Moody's Investors Service (Moody's) have assigned strong sovereign credit ratings for the UAE in their latest updates.

- Somshankar Bandyopadhyay [e-mail]

S&P announced on June 17, that it assigned the UAE's sovereign rating at “AA” with a stable outlook. Moody's, in its annual review for 2025, affirmed the rating at “Aa2” with a stable outlook. Fitch also affirmed the UAE's rating at “AA-” with a stable outlook on June 24.

This consensus by all three major global credit rating agencies highlights the UAE’s advanced fiscal standing and strengthens its position among the few countries globally with strong sovereign credit ratings from all three top agencies, and reflects the continued international confidence in the strength of the UAE economy and the sustainability of its fiscal policies, analysts say.

The ratings confirm the UAE’s ability to diversify and boost non-oil revenues, maintain sound fiscal discipline, manage risks effectively, and uphold prudent fiscal policies. All of these factors have contributed positively to economic stability and sustained growth across various sectors.