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Home News Ras Al Khaimah Retains Strong Credit Rating

Ras Al Khaimah Maintains Strong Credit Rating

Sep 14, 2026
47 min
11
Sep 14, 2026 07:31
Ras Al Khaimah retains A/A-1 rating with stable outlook

## Credit Rating Affirmation

Ras Al Khaimah has successfully retained its A/A-1 credit rating from S&P Global, maintaining a stable outlook. This rating reflects the emirate's strong fiscal policies and robust net asset position.

## Fiscal Strength

S&P Global anticipates that Ras Al Khaimah will continue to benefit from strong revenue performance and a solid liquid asset base. The agency expects revenue growth to accelerate in the coming years, particularly in 2028 and 2029, providing a buffer against potential fiscal challenges.

## Economic Resilience

The emirate's diverse economic base, spanning various industries, supports its fiscal health. This diversity attracts a range of businesses, from small enterprises to large international firms, contributing to its economic resilience.

## Institutional Development

Progress in strengthening economic institutions, such as the development of the RAK Statistics Center, has been highlighted as a positive factor. This institutional development, along with the UAE's overall financial flexibility, offers additional protection against regional economic fluctuations.

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