Ratings agency S&P Global affirmed the UAE's strong credit rating on Monday, stressing that its economy has “substantial” fiscal buffers to handle the impact of the Iran war, which has now been raging for more than a week.
The ratings agency said it maintains its “AA/A-1+” long- and short-term foreign and local currency sovereign credit ratings for the UAE with a stable outlook.
A sovereign credit rating measures a government’s ab
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