BRIEF-Fitch Affirms United Arab Emirates At 'Aa-'; Outlook Stable

May 22 (Reuters) - Fitch:

  • FITCH AFFIRMS UNITED ARAB EMIRATES AT 'AA-'; OUTLOOK STABLE

  • FITCH ON UAE: STABLE OUTLOOK REFLECTS EXPECTED RESILIENCE OF OIL EXPORT REVENUES DURING IRAN WAR

  • FITCH: 'AA-' RATING REFLECTS UAE'S LOW CONSOLIDATED GOVERNMENT DEBT, STRONG NET EXTERNAL ASSET POSITION AND HIGH GDP PER CAPITA

  • FITCH ON UAE: EXPECTS ALL EMIRATES WILL PUT RECOVERY PROGRAMMES IN PLACE, BUT TREND GROWTH WILL NOT RAPIDLY RETURN TO PRE-WAR LEVELS

Source text: ID:nFIT1JsylY


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