UAE economy remains resilient despite external risks

S&P Global Ratings ne UAE ki long- and short-term sovereign credit ratings ko AA/A-1+ par maintain kiya hai, with a Stable outlook.

The rating agency highlighted the UAE’s strong fiscal position, sovereign wealth fund assets, foreign-exchange reserves and resilient banking sector as major buffers against external shocks.

S&P also noted that the UAE’s diversified non-oil economy and hydrocarbon expansion provide additional support to growth. The assessment reinforces investor confidence in the country’s financial stability.